More On The Possible Disney/Fox Deal: Share Prices Continue To Rise, But "Pencils Aren't Down"

More On The Possible Disney/Fox Deal: Share Prices Continue To Rise, But "Pencils Aren't Down"

The deal between Disney and Fox is far from dead as the latter studio wants to focus more on news and sports. Meanwhile shares of both companies have gone up since the news first broke.

By Deadpool1988 - Nov 11, 2017 07:11 AM EST
Filed Under: Disney
Source: CNBC
Last week, it was reported that 21th Century Fox was looking to sell its movie studio to Walt Disney Studios. Both companies talked about the deal, but then it was quickly revealed that talks had died down weeks ago.

However, last night CNBC's David Faber reported that his sources stated: "Pencils aren't down." This means that both companies are probably still debating what to do next and how to move forward with what was discussed during their initial meetings. Fox wants to focus more on its news and sports while a different company, in this
case Disney if the deal gets made, will be in charge of all movie and tv properties. Such a deal would give Disney the rights to various franchises, including the Marvel properties, The Fantastic Four, X-Men and Deadpool.

Faber also added: "It does appear at the very least that they have not abandoned the idea of that combination."

Since the news broke shares of both companies have gone up with Disney gaining 7% and Fox 18%.

It is only a matter of time now before we will find out if Disney will indeed buy 21st Century Fox.
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billnye69
billnye69 - 11/11/2017, 7:40 AM
This only matters to people who don't pirate everything.
Kevwebsz
Kevwebsz - 11/11/2017, 3:34 PM
@billnye69 - ;)
TheManWithoutFear
TheManWithoutFear - 11/11/2017, 7:45 AM
Hope still lives. Honestly, i don't care who buys 21st Century Fox. My understanding is that no matter who buys it, Feige still gets FF and X-Men back. That is the only dog i have in this race.
SanFranLand
SanFranLand - 11/11/2017, 8:24 AM
I’m down. Yes.
Do it.
Disney will buy Facebook, excavate what we have all willingly “liked,” and buy our likenesses.
But for now...all Marvel together!!!!!!!!
Pantherpool
Pantherpool - 11/11/2017, 8:42 AM
Disney should buy Earth.
BlackIceJoe
BlackIceJoe - 11/11/2017, 9:42 AM
I really hope this won't happen, because I'm not a fan of monopolies. I didn't like how Comcast merged with Universal, I don't like how Time Warner and AT&T have a chance of merging, because mergers only screw the little guys.

I can't figure out if people are fans of Disney having a Monopoly, just don't care, or worse are shareholders, because this will only lead to less competition and less movies coming out in the long run.

Yes there is a few good things that will come out of this, like Diseny owning more of their Marvel movie rights, but in the long run it is worse for consumers.
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