Comcast No Longer Looking To Buy Fox But New Acquisition Target Could Delay Disney Deal

Comcast No Longer Looking To Buy Fox But New Acquisition Target Could Delay Disney Deal

Some good news for those of you hoping to see the Fantastic Four and X-Men in the Marvel Cinematic Universe, because Comcast has backed off Fox but may have found another way to put a spanner in the works.

By JoshWilding - Feb 27, 2018 11:02 AM EST
Filed Under: Disney
Source: Variety
Well, it appears as if Disney (and fans of the X-Men and Fantastic Four) can breathe easy because Comcast has seemingly given up on trying to purchase 21st Century Fox. However, with good news comes bad and the company is instead bidding on one of the key components of the Disney/Fox deal. That is European satellite TV provider Sky, an asset they're willing to pay a whopping $31 billion for.

Fox owns 39% of Sky and that stake was included in the $52.4 billion bid made by Disney for the company. Why is that worth so much? Because Fox is currently in the process of obtaining the other 61%, ultimately making Disney the sole owners of the company. If Comcast is able to buy Sky, though, that could lead to the Disney/Fox deal going back to the drawing board and starting from scratch.

Fox, of course, could increase its bid for Sky or Disney could look at purchasing it separately. However, seeing as Fox only had 39% of Sky when the deal went through (and there 
was no guarantee regulators would allow them to buy the rest), things could go through exactly as planned. Either way, as of right now, the X-Men and Fantastic Four characters are still on course to joining the Marvel Cinematic Universe and that's definitely something to get excited about. What do you guys think about this news?
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aflynn
aflynn - 2/27/2018, 11:06 AM
Equivocal
Equivocal - 2/27/2018, 11:46 AM
@aflynn -

we don't care about Sky, the tv line up or other assessments
keep them !

just let go of all of the Marvel characters back home !
ANewPope
ANewPope - 2/27/2018, 11:07 AM
"Rejected by Fox, Comcast bids on key component of Disney’s purchase Rejected by Fox, Comcast bids on key component of Disney’s purchase"
Spock0Clock
Spock0Clock - 2/27/2018, 11:49 AM
"Rejected by Fox, Comcast bids on key component of Disney’s purchase. Today, still wanted by the government, they survive as soldiers of fortune. If you have a problem, if no one else can help, and if you can find them, maybe you can hire the C-Team."

PBIRD
PBIRD - 2/27/2018, 12:24 PM
@Spock0Clock - this is comcast saying "we're about to go the route of BLOCKBUSTER" and if we dont want to die, we need to expand rapidly!
StormXmen123
StormXmen123 - 2/27/2018, 11:09 AM
This is the stuff that more valuable from the deal than superhero film rights (which are a small bonus to the deal)

The MCU really doesn't need the x-men or F4, they are making huge profits with every film they release.
Spock0Clock
Spock0Clock - 2/27/2018, 11:31 AM
@StormXmen123 - It's not about need. It's about want. And maybe deserve.
Matador
Matador - 2/27/2018, 11:09 AM
Josh your second sub title was like

Vigor
Vigor - 2/27/2018, 11:23 AM
@Cayde6 - yeah I read that like five times
Matador
Matador - 2/27/2018, 11:27 AM
@Vigor - LMAO I'm glad it wasn't just me, I did the same and felt stupid.
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