Disney Could Be Purchasing A Majority Of 20th Century Fox

Disney Could Be Purchasing A Majority Of 20th Century Fox

21st Century Fox shares jumped by as much as 8.5% on Monday afternoon after a report that the company had recently been in talks to sell most of its assets to Disney.

The two sides are not now talking at this moment, but given the on again, off again nature of the talks, they could be revisited. The deals with Fox were signed long before Disney bought Marvel Entertainment in 2009.

However, with Universal holding the Orlando-area rights to Disney's most widely-known Marvel characters, a Fox deal would mean another of Universal Orlando's top themed area would be licensed from its biggest entertainment industry rival.

At least one Wall Street analyst is taking a closer look at the potential deal in which The Walt Disney Co. would acquire most of the businesses of 21 Century Fox, and he likes what he sees.

It is reported the Rupert Murdoc and his sons are looking at keeping their sports and news assets but selling off other parts of Fox.




Disney announced earlier this year that it would launch its own direct-to-consumer streaming services next year, putting the company head-to-head with Netflix. In addition global assets, such as Star and BSkyB, he reported that Disney is seeking to add entertainment networks such as FX and Nat Geo.

According to the sources, Disney would not buy all of Fox and the goal would be to form a much stronger traditional Hollywood studio in an era of fierce competition from internet companies like Netflix and Hulu.

The move would give Disney control over two of the five highest-grossing film studios in the country.

If a deal like this did happen and did receive regulatory approval, it could have some significant effects on sports. But 21st Century Fox wouldn't sell all of its company.

It is reported that FOX is hoping a news and sports focus would help them as the world of pay-TV is changing. He assumes Fox shareholders would get equity in the larger Disney. Eastern, while Disney stock also rose from an opening of $98.37 to $100.49.

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