Disney and Fox Deal May Be Announced This Week

Disney and Fox Deal May Be Announced This Week

U.S. media giant Comcast has dropped out of the running to buy 21st Century Fox, leaving Disney as the main contender, according to reports.

Fox includes not only the Fox broadcast network, but also cable channels Fox News, FX and Fox Sports 1, among others.

The deal, valuing the Fox assets at about $60 billion (€51 billion) including debt, could be announced as early as Thursday, according to people briefed on the negotiations.

Fox would create a new company from its remaining assets including the Fox television channel, Fox News Channel and the Fox Sports channels.

All yours, Disney: Comcast has taken itself out of the running for Fox.

Flu Season Expected To be Harsher This Year
Instead, the flu vaccine acts by allowing your immune system to create the ability to fight the flu in case you are exposed. The 57 confirmed cases of influenza only account for about 5 percent of the 1,064 tests administered so far this season.

However, Mangold told Deadline that if Disney buys out the studio it would mean "less movies" will be made. That is what we tried to do and we are no longer engaged in the review of those assets.

In addition to the Marvel properties, Disney would acquire: "Fox's movie and TV studio, networks including FX and National Geographic, and global assets including Star India's TV channels and a 39 percent stake in European satellite provider Sky Plc".

21st Century Fox is controlled by media mogul Rupert Murdoch, along with sons James and Lachlan. Comcast, which owns Universal Pictures, was also in talks with Fox to acquire the deal. "We never got the level of engagement needed to make a definitive offer".

Walt Disney Co (NYSE:DIS) has plans underway to acquire a huge of a part of the 21 Century Fox as part of the strategy to transform the firm into an effective direct-to-consumer digital powerhouse to compete with Netflix.

However, Marvel still does retain some input into the franchises and Fox needs Marvel to sign off on all TV deals regarding the superheroes, however, since the Marvel owns "The Avengers" there has been some overlap with characters such as Quicksilver and Scarlet Witch - who have been members of both teams in the comics. This could make the Disney purchase of Fox one of the largest deals ever seen in the world of entertainment.

Related Articles

  • Trump puts Moon back on NASA's road map to Mars

    Trump puts Moon back on NASA's road map to Mars

    In September, Trump nominated Representative Jim Bridenstine, a Republican from Oklahoma, to be the next NASA administrator. It isn't unusual for recent presidents to scale back their predecessors' ambitions for space exploration .
    India, Russia, China jointly condemn terrorism

    India, Russia, China jointly condemn terrorism

    The Chinese minister met minister of external affairs Sushma Swaraj in New Delhi on Monday ahead of the RIC meeting. And it will be better to meet again and without agenda, which will help us to expand our mutual understanding.

    Celebrities Send Messages Of Support To Bullied Tennessee Student

    In the upsetting clip, Keaton struggles to speak as he sobs sitting in the passenger seat of his mum's auto . Reigning rap queen Cardi B weighed in, with an important message: Bullying is not gangsta.
  • The 6 stages of 'man flu' that every woman dreads

    The 6 stages of 'man flu' that every woman dreads

    Still, some research suggests that men have more severe respiratory tract infection symptoms than women, she said. Important new research also highlights the supreme palliative benefits of a sofa and a tv to #ManFlu sufferers.
    Nikki Haley: Listen To Sexual Misconduct Accusers - Including Trump's

    Nikki Haley: Listen To Sexual Misconduct Accusers - Including Trump's

    Trump denies all the allegations against him and previously threatened to take legal action against the women. She responded "Well, I mean, you know, the same thing, is women who accuse anyone should be heard".
    Rich Swann Arrested, Charged With Battery, False Imprisonment and Kidnapping

    Rich Swann Arrested, Charged With Battery, False Imprisonment and Kidnapping

    The battery charge is a first-degree misdemeanor and could add up to a year imprisonment or 12 months probation and a $1,000 fine. Sadly, if the charges against him hold up, it would appear that the smiling Swann character might be nothing more than a facade.
  • Harry Potter headed to mobile for interactive role-playing game

    Harry Potter headed to mobile for interactive role-playing game

    About a month ago, Pokemon GO developer Niantic confirmed that it is now working on a new mobile AR game set in author J.K. The company, known for its work on puzzle games like Cookie Jam and Panda Pop , has licensed the IP from Warner Bros.
    'Ready Player One': Explore the OASIS in Thrilling New Trailer

    'Ready Player One': Explore the OASIS in Thrilling New Trailer

    In addition, you can also find Tracer from Blizzard's Overwatch and the RX-78-2 Gundam from Mobile Suit Gundam . While the trailer is unbelievable , fans will have to wait a few more weeks to see the film on the big screen.
    Actually, Leonardo da Vinci's Salvator Mundi Will Be Acquired By Abu Dhabi

    Actually, Leonardo da Vinci's Salvator Mundi Will Be Acquired By Abu Dhabi

    The move became possible after a little-known Saudi prince reportedly bought the painting last month. Bouvier, in turn, sold it to Russian billionaire Dmitry Rybolovlev for US$127.5 million in 2014.
  • Jisha rape and murder case: Ameerul Islam found guilty by Kerala court

    Jisha rape and murder case: Ameerul Islam found guilty by Kerala court

    The prosecution presented as many as 195 witnesses, 290 documents and 36 material evidences against Ameer, including DNA reports . She was raped and brutally assaulted using sharp-edged weapons before being murdered at her house on April 28 in 2016.
    Nokia 6 (2018) spotted on TENNA, find out more

    Nokia 6 (2018) spotted on TENNA, find out more

    After Nokia was acquired by HMD Global for $350 million as Microsoft parted with the phone assets of the struggling company. It will probably come with a Qualcomm Snapdragon 630 SoC on board and will include 4GB of RAM and 32GB internal storage.
    Mohamed Salah Wins BBC African Footballer of the Year

    Mohamed Salah Wins BBC African Footballer of the Year

    Salah scored his eight goals against Marribor, West Ham, Southampton, Chelsea and Stoke City. Salah also helped Egypt to qualify for the World Cup for the first time since 1990.