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etvfutures.com December 17, 2017


Disney and Fox reportedly closing in on a deal

06 December 2017, 06:07 | Israel Caldwell

Will Bob Iger Hand a Murdoch the Keys to the Disney Empire?

Disney has emerged as the frontrunner to buy 21st Century Fox’s assets which could include the division behind recent films such as Murder on the Orient Express

The deal would reportedly see Fox holding on to assets like Fox Sports and News assets but that Disney would acquire the TV and film assets, including a 30 percent share in Hulu.

Back in 1998, Disney shelved plans to establish a West Coast RSN after two of the franchises it had hoped to lure from Fox Sports West elected to renew their carriage agreements.

Comcast is also thought to be in talks with Fox, but has not progressed as far as Disney, say sources.

Interestingly enough, the deal is expected to be finalized as soon as next week.

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While investors may be riveted by the implications of the Walt Disney Co.'s impending bid to snap up 21st Century Fox's entertainment assets, the most transformative element of the proposed $60 billion deal could very well be the transfer of Fox's regional sports networks.

Of course, this deal comes with its pros and cons. That means the X-Men and Deadpool could show up in an Avengers movie. Fox said when it agreed the deal it did not foresee any regulatory difficulties but the government has taken a strong line against the takeover. So possibly no more Logan or Deadpool type movies. The Fantastic Four could finally get done the right way; Captain America could hang out with Professor X. Iron Man could trade insults with Wolverine (if Hugh Jackman comes out of retirement). There is also the fact that if the studios do merge, it would limit the field of studios that directors and filmmakers make their pitches to.

It's believed that a decision could come to a head within the next week or so, but until that happens, we'll keep you posted as this situation develops.



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