FOX Is in Talks to Sell Most Assets to Disney

Image joe raedle  Getty Images

Image joe raedle Getty Images

At this point, nothing is official regarding the potential deal between Disney and Fox, but now that word is getting around, there's a good chance we'll hear more about it in the near future. A Disney spokesperson did not immediately respond to a request for comment.

The report regarding the deal indicates that Disney is avoiding the Fox Sports and Fox News assets, as well as the Fox broadcast network, in order to stay on the right side of antitrust laws.

For Disney, the opportunity to take control of another movie studio and significant TV production assets as it readies a direct to consumer entertainment streaming offering is attractive as is fox's significant exposure to global markets, such as the U.K., Germany and Italy both through its networks and 30 percent ownership of B Sky B.

An acquisition would exclude Fox News because Disney can not own two broadcast networks, the report said.

SuperHeroHype will keep you up to date on any new movement on this potentially momentous deal!

While we've seen things like Daredevil come back to Marvel, the X-Men and Fantastic Four would obviously be huge, and apparently, it could happen soon. One of the parts FOX is looking to sell is the 20th Century FOX movie and TV production studio, which one presumes would include the rights to anything said studio controls, including the X-Men and Fantastic Four superhero teams.

Bringing in FOX Studios under its fold would be pretty huge for Disney as it recently purchased Pixar, Star Wars and Marvel. Disney already owns the ABC television network and, with ESPN, is Fox's biggest rival in the cable sports business.

There's also the question of what it would mean for Fox to be focused even more on news and sports.

It'd definitely be interesting.

In 2016, Buena Vista (Disney) was #1 with over 26% of the movie market share of domestic box office alone, while Fox took slightly under 13% to place third.

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