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HomeUncategorizedDisney in a move to buy out 21st Century Fox

Disney in a move to buy out 21st Century Fox

In order to buy a majority stake of Rupert Murdoch’s entertainment empire, Disney was recently in talks with 21st Century Fox, it is reported.

Many have speculated that the talks underline the transition from traditional media to online streaming with the theoretical deal bringing Fox’s cable networks including FX under Disney’s streaming umbrella.

Many fans were in support of the idea, speculating that it would finally allow Marvel’s X-Men characters to be brought into the MCU stable, opening up the doors for the beloved characters to appear in future Avengers films.

The controversial deal would see two of the largest media companies come together in a move that would reshape the media landscape and for sure raise more than a few eyebrows by regulators.

Sources have claimed that Fox is putting itself up for sale with interest from the likes of Verizon and Amazon also doing the rounds.

Though the talks have reportedly ended, but neither company has released an official statement.

 

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