UPDATE: Disney And 21st Century Fox Are Now Closing In On A Deal; Could Be Announced Next Week

UPDATE: Disney And 21st Century Fox Are Now Closing In On A Deal; Could Be Announced Next Week

According to some new information from CNBC, talks between Disney and 21st Century Fox have reached a point where a deal could be on the horizon, possibly as early as next week! Read on for more...

By MattBellissimo - Dec 05, 2017 07:12 AM EST
Filed Under: Marvel Studios
Source: CNBC
In an update to last night's report, it appears that talks between Disney and 21st Century Fox have been productive enough that a deal could soon be closed and announced as early as next week! Check out the following from CNBC: 

Walt Disney Co. and 21st Century Fox are closing in on a deal and it could come as soon as next week, according to sources familiar with the matter.

The report also mentions Fox has been in talks with Comcast, but talks with Disney have progressed much more quickly. As previously reported, the deal would see Disney acquiring Fox's studio and television production assets, including Fox's A&E, Star, regional sports networks, movie studios and stakes in Sky and Hulu. Fox would retain its news, business and sports assets.

While there's a much larger picture at play, for comic and movie fans, this deal could potentially see the rest of Marvel's properties returning to the hands of Disney, and by extension, entering the Marvel Cinematic Universe

CNBC estimates the enterprise value of Fox's assets in the Disney deal at $60 billion. 
About The Author:
MattBellissimo
Member Since 4/30/2014
Matt is a graduate of the Ryerson University School of Journalism, and has been a fan of superheroes since he picked up his first comic book issue as a child. While he works as a professional musician, Matt has a massive passion for comic books, films and heroes, along with participating in discussion and debate with the CBM community.
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