Posted on Tuesday, December 12th, 2017 by Chris Evangelista
Update 2: Variety reports that the deal between Disney and Fox will be announced on Thursday. 21st Century Fox will retain Fox News, the Fox broadcast network, and Fox Sports 1 while Disney will acquire Fox’s movie and TV studios. The deal is expected to cost Disney $60 billion.
Update: CNBC reports that Disney and Fox are “closing in on a deal” and that details could be announced as soon as next week. Their sources claim that Fox’s assets are worth north of $60 billion. We will update you accordingly as more is revealed. Our original article follows.
Weeks ago, news broke that Disney might be interested in buying parts of 21st Century Fox (whose assets include the 20th Century Fox film studio and television networks like FX). By the time the news broke, the talks were considered over and the deal was thought to be dead. But perhaps reports of the deal’s death have been greatly exaggerated. The Disney/Fox deal might still be on, and to add fuel to the fire, X-Men producer Lauren Shuler Donner is keen to bring the X-Men to the Marvel Cinematic Universe. Could that happen if the Disney Fox acquisition becomes a reality?