Has Disney been in talks to buy Fox?

07 November, 2017, 01:40 | Author: Kristine Mills
  • 21st Century Fox Disney

Update: Welp, that didn't last very long, did it?

Big things might be about to happen at the top of Hollywood power ladder. So much for my proper FANTASTIC FOUR movie, for now.

CNBC sources say negotiations began a few weeks ago about the Walt Disney Co. potentially buying Fox's movie and TV properties, leaving the Murdochs to focus mostly on Fox News and Fox Sports.

Neither Disney nor Fox has commented on the apparent scoop, and it's crucial to note that there's no guarantee anything will happen. Disney would also not be buying any of FOX's cable news or sports channels, the latter due to worries that combining them with Disney-owned ESPN could be seen as a violation of antitrust rules.

The advantage to Fox would be a tighter focus that they feel could compete better in the current marketplace, but it's what Disney would gain that is most interesting.

More news: No. 24 Michigan State upsets No. 7 Penn State

The deal would give Disney distribution assets including BAMTech, HotSTar, 60% of Hulu and 39% of NOW TV. Chatter had swirled late a year ago about the impact of a possible Disney acquisition of Netflix, even though neither company had indicated that such a combination was in the works.

Disney, which under USA rules could not own two broadcast networks, would not purchase all of Fox, CNBC reported. Remember RJ Fletcher's nefarious plan in Weird Al's UHF?

Disney wouldn't even be allowed to own two networks, as they already own ABC. In addition worldwide assets, such as Star and BSkyB, he reported that Disney is seeking to add entertainment networks such as FX and Nat Geo.

While no price has been quoted, nor has a deal been written thus far, it's now being reported that Fox's stock is up by more than 7% since reports of the talks were revealed via CNBC and The Wall Street Journal. James Cameron is now at the helm of filming four back-to-back Avatar sequels to the most successful movie of all-time, and already worked closely with Disney on the new attraction Pandora - The World of Avatar at Orlando's Disney World.

Okay, y'all know what this means, right?


  • Rams Rout Giants with 51-17 Victory

    Rams Rout Giants with 51-17 Victory

    McAdoo had the following to say when asked about the team's effort after Sunday's game, via New York's team website . The Rams will be back at home at the Coliseum for the first time in over a month next week to play the Texans.
    Saudi crown prince shocks kingdom with arrests

    Saudi crown prince shocks kingdom with arrests

    The government said the anti-corruption committee has the right to issue arrest warrants, impose travel restrictions and freeze bank accounts.
    At Least 26 Dead in Mass Shooting at Small-Town Texas Church

    At Least 26 Dead in Mass Shooting at Small-Town Texas Church

    Witnesses described a shooter opening fire during the church service followed by a brief vehicle chase by police. The gunman's motive is unknown, and authorities have not said whether Sunday's incident was terror related.
  • Broadcom eyes mega-deal for U.S.  chip rival Qualcomm

    Broadcom eyes mega-deal for U.S. chip rival Qualcomm

    Since then, though, smartphone sales growth has slowed and Intel has succeeded in placing its modems in some iPhone models. Qualcomm and Apple have been embroiled in a dispute over royalties that has landed the two corporations in court.
    Taylor Swift debuts new single

    Taylor Swift debuts new single "Call It What You Want"

    Taylor Swift has shared a lyric video for " Call It What You Want ", a track from her upcoming album, reputation . TAYLOR Swift fans can rejoice, the pop princess is coming back to Ireland! "My baby's fit like a daydream".
    Hillary Clinton: I'm thinking of dressing up as the president for Halloween

    Hillary Clinton: I'm thinking of dressing up as the president for Halloween

    The storyline has been pushed by President Donald Trump in his many Twitter rants against his former 2016 election rival. Clinton has been very forthcoming about her life and her plans for the future since last November's fateful election.
  • Carter Page Told Jeff Sessions 'in Passing' About Russia Trip

    Carter Page Told Jeff Sessions 'in Passing' About Russia Trip

    Court documents reveal Papadopoulos exchanging emails with Clovis where they discuss meetings with Russian officials. He said one of the people he met was a "senior person", but would not confirm the person's identity.
    Cazorla faced prospect of losing his foot after infection

    Cazorla faced prospect of losing his foot after infection

    Following eight operations, which saw the Spaniard lose eight centimetres from the tendon, Cazorla contracted gangrene in the wound.

    Flu shots protect you and the herd: Burnaby's medical health officer

    Centers for Disease Control and Prevention recommends an annual flu vaccination for everyone six months and older. These side effects are mild and short-lived, especially when compared to symptoms from a bad case of the flu.
  • India vs New Zealand, 2nd T20I

    India vs New Zealand, 2nd T20I

    Munro put on 105 for the first wicket with Martin Guptill (45) as the visitors plundered the Indian attack around the park. So far in the tour, India have won the ODI series as well as the T20I series-opener and are in a commanding position.
    United States  carries out first airstrikes against ISIS in Somalia

    United States carries out first airstrikes against ISIS in Somalia

    America has previously carried out more than a dozen drone strikes against the al Qaeda-linked al Shabaab group in Somalia. The official spoke on condition of anonymity because he was not authorized to speak to the media.
    Unemployment Rate Falls to Lowest Point Since December 2000

    Unemployment Rate Falls to Lowest Point Since December 2000

    The gain in jobs came amid expectations that the economy has slowed from the torrid pace it set in the first half of the year. That was the largest gain since July previous year , but was below economists' expectations for an increase of 310,000 jobs.


Dutton a 'terrorist' for Manus: Bandt
Among them are about 90 Rohingya Muslims from Myanmar, about 200 men from Iran, and others from Afghanistan, Somalia and Pakistan. The alternative accommodation being proposed is not finished or adequate to meet their needs, including security, he said.

Bradley Beal and John Wall Both Take Shots at Cavs
Probably not, considering they couldn't beat the Celtics, who the Cavs swept easily , but hey, sometimes matchups are matchups. I also enjoy former Wizard Paul Pierce's face, reminiscent of the Grinch, almost, in his mischievous upturned mouth corners.

ISIS claims responsibility for Manhattan terrorist attack, no evidence given
He started planning the attack about a year ago while in the USA - and two months ago, he made a decision to use a truck. The attack killed five people from Argentina, one from Belgium and two Americans, authorities said.

Former DNC chair Donna Brazile tells critics to "go to hell"
The fundraising agreement, signed in August 2015 during the primary process, was unusual for an open seat. "That is unacceptable. Brazile also took shots at how the Clinton campaign was run, calling it stiff and some of its messaging "stupid".

Bush Sr and Jr openly condemn Donald Trump
This, despite standard etiquette among former presidents in which they generally refrain from speaking ill of one another. But in the new book, George Bush Sr confirmed that he voted for the rival party's candidate in Hillary Clinton.

Hindu Terrorism row: Criminal lawsuit against actor Kamal Haasan in Varanasi
It rather ended in a complaint getting registered against Kamal HAssan for hurting the religious sentiments of Hindu religion. Angered by the remarks of Kamal Haasan , Sharma said that people who used such language for Hindus, have no right to live.

Daylight saving time: 5 tips for a smoother switch Sunday
The main goal, according to proponents, would be to add an extra hour of afternoon daylight in the winter. After that, days will get slightly longer - about two more minutes of daylight each day.

Rogue Twitter employee deactivates Trump's account
After the account was restored Trump did not tweet about the vanishing act, but made several posts on other topics. Attempted account accused the employee of customer service, who retires from his position.

Carter Page met with Russian official during 2016 trip to Moscow
He has denied knowing anything about contacts between the campaign and Russians or Russian government intermediaries. And O'Connor asked, you know, people are upset that the Justice Department isn't going after Hillary Clinton.

United States attorney general confident in terror prosecutions
The terrorist drove a truck on a bike lane hitting pedestrians and cyclists on Tuesday, murdering eight people and injuring 12. Investigators found thousands of ISIS-related propaganda images and videos on Saipov's cellphone, the complaint said.