Disney in Talks to Buy Part of Fox

Disney in Talks to Buy Part of Fox

 Date Obtained: 12/3/17  Photo Source: https://www.cnbc.com/2017/12/02/disney-21st-century-fox-talks-have-gotten-a-2nd-wind-deal-still-possible-report.html  Photo Credit: Scott Mlyn

Date Obtained: 12/3/17

Photo Source: https://www.cnbc.com/2017/12/02/disney-21st-century-fox-talks-have-gotten-a-2nd-wind-deal-still-possible-report.html

Photo Credit: Scott Mlyn

The Walt Disney Company has resumed its talks about buying parts of 21st Century Fox. Currently, Fox is thinking about shrinking its empire. It is in talks with Comcast as well. The Murdochs will have a decision by the end of the year. Disney and other companies are interested in only part of the Fox businesses, specifically the 20th Century Fox movie studio; cable channels like FX; Sky and Star, British and Indian broadcasters. With the return of Disney into the conversation, it is apparent that media companies are fighting for power. Fox, a medium-sized company, has the tough decision about if they can acquire more content or sell and focus on a minimal aspect of their business.

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