Disney Is Said to Have Resumed Talks to Buy Parts of Fox
- 6 years ago
Disney Is Said to Have Resumed Talks to Buy Parts of Fox
The Walt Disney Company has resumed talks with 21st Century Fox about buying at least part of the company,
as Fox weighs whether to shrink its empire, two people briefed on the matter said on Saturday.
Disney and Comcast have been most interested in only part of the constellation of Fox businesses, notably the 20th
Century Fox movie studio; cable channels like FX; Sky, the British broadcaster; Star, an Indian broadcaster.
Fox is still in talks with Comcast about a potential deal, added these people, who were not authorized to speak publicly about the negotiations.
The return of Disney, which held talks with Fox earlier this year, highlights how media companies are increasingly
seeking to compete in a new era of streaming by getting bigger and acquiring more content.
The Walt Disney Company has resumed talks with 21st Century Fox about buying at least part of the company,
as Fox weighs whether to shrink its empire, two people briefed on the matter said on Saturday.
Disney and Comcast have been most interested in only part of the constellation of Fox businesses, notably the 20th
Century Fox movie studio; cable channels like FX; Sky, the British broadcaster; Star, an Indian broadcaster.
Fox is still in talks with Comcast about a potential deal, added these people, who were not authorized to speak publicly about the negotiations.
The return of Disney, which held talks with Fox earlier this year, highlights how media companies are increasingly
seeking to compete in a new era of streaming by getting bigger and acquiring more content.