Monday, November 13, 2017

Monday's Headlines - DISNEY/FOX Deal Still on the Table



CNBC is following their previous report that Disney had been in talks with 21st Century Fox to buy a significant portion of the latter conglomerate's media assets with a new story which asserts that the deal is still on the table.

After CNBC's initial report, Bloomberg wrote that the talks had stalled and that the deal was no longer a possibility. CNBC's new report directly contradicts Bloomberg, quoting its own Jason Faber as saying that though negotiations had stalled, "it does appear at the very least that [Disney and 21st Century Fox] have not abandoned the idea of that combination." & "Pencils aren't down on the deal," he added.

Should Disney purchase 21st Century Fox's assets, the deal would reportedly include the 20th Century Fox movie studio, who control the movie rights to the X-Men and Fantastic Four. This could potentially allow Marvel to bring the characters of those franchise into their interconnected film universe.