Disney slides on news its close to deal with Fox

Disney slides on news its close to deal with Fox

Disney slides on news its close to deal with Fox

At first, it appeared that there was a fallout between the two when the then-rumored deal leaked. According to a report in the Financial Times, James Murdoch is likely to take a senior executive role with Disney because of his knowledge of the Fox assets and the global TV market.

It is rumored that this deal will be valued at above $60 billion.

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Murdoch's $15 billion bid to buy the 61 percent of Sky it does not already own is being watched closely in the US where Walt Disney Co is in the lead to acquire much of his Twenty-First Century Fox Inc's media empire, including Sky.

Walt Disney Co is in the lead to acquire much of Twenty-First Century Fox Inc's media empire, though rival suitor Comcast Corp remains in contention, people familiar with the matter said on Tuesday.

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We've been hearing rumors of the deal for a while now, but this is the most significant progress to date.

The reason fans are excited over this deal are thanks to the possibilities it could do to the comic book movie genre.

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However, no deal between Disney and Fox is imminent and several issues have yet to be fully negotiated, the sources said. It does mean that you'd probably be seeing X-Men and the Fantastic Four pop into the MCU right at the beginning of Phase 4, so there are certainly some pros and cons. Cats and dogs living together. Besides giving it a virtual stranglehold over local sports (the Fox RSNs now are home base for 44 MLB, NBA and National Hockey League franchises), the acquisition of the rights to an additional 5,500 live events per year would sweeten the pot for fans who may be thinking of signing up for ESPN's upcoming direct-to-consumer streaming service.

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