Disney is reportedly closing in on a deal to purchase 21st Century Fox’s movie and television production operations.
CNBC reports Disney's potential acquisition of the media company could come as soon as next week, with the deal expected to reportedly be worth more than $60 billion. While the Federal Trade Commission could try to block it, both companies are said to be interested in the acquisition.
Along with Fox's TV and movie assets, Disney will also acquire the company's Nat Geo, Star, and regional sports networks and its 30 percent stake in Hulu, among plenty of other properties. This of course includes Fox-owned Marvel properties like X-Men and Fantastic Four and the rights to James Cameron's Avatar sequels.
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CNBC reports Disney's potential acquisition of the media company could come as soon as next week, with the deal expected to reportedly be worth more than $60 billion. While the Federal Trade Commission could try to block it, both companies are said to be interested in the acquisition.
Along with Fox's TV and movie assets, Disney will also acquire the company's Nat Geo, Star, and regional sports networks and its 30 percent stake in Hulu, among plenty of other properties. This of course includes Fox-owned Marvel properties like X-Men and Fantastic Four and the rights to James Cameron's Avatar sequels.
Continue reading…
Continue reading...