A PYMNTS Company

US: Disney resumes talks about buying Fox assets

By  |  December 4, 2017

The Walt Disney is again expressing interested in buying media assets from 21st Century Fox, according to media reports.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Fox is also reportedly talking to Comcast about assets including some cable entertainment networks, studio business and international holdings.

    The Murdoch family, which holds a controlling interest in 21st Century Fox, would retain its sports, news and broadcast businesses. They are expected to make a decision about whether or not to make a deal by the end of the year, according to Bloomberg.

    The possibility of a major acquisition by a big media company was made more problematic by the Justice Department’s decision to file a lawsuit challenging AT&T’s proposed acquisition of Time Warner.

    Other companies that might be interested in Fox’s assets could be Sony and Verizon Communications.

    Full Content: Bloomberg

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.