It would also mean that every major Marvel Comics property that Fox owns-including X-Men, Fantastic Four, and Deadpool-would potentially come under the Marvel Studios umbrella, opening the door to combine these various characters and universes with the Marvel Cinematic Universe.
The two companies are not now discussing a deal, according to CNBC.
If the deal ends up going through apparently FOX wants to focus on news and sports, which it feels could compete more effectively. "People familiar with the situation" say there's no certainty a deal will happen and talks have been on-again, off-again.
21st Century FOX is in talks to sell parts of its company to Disney, in a deal that could see movie rights to the X-Men and Fantastic Four return to Marvel. So maybe this isn't as tailored to what Fox wants to keep as to what Disney could buy without triggering antitrust issues (so, not Fox Sports because of ESPN, and not the Fox broadcast network because of ABC).
The company could not own two broadcast networks and would therefore not buy the Fox broadcast network. Disney already owns ABC, and therefore can not also own another broadcast network, due to FCC regulations.
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If a deal like this did happen and did receive regulatory approval, it could have some significant effects on sports. However with this sale, Disney can merge the MCU with the aformentioned characters.
It is not known if Murdoch, who is now the Executive Co-Chairman at 21st Century Fox, wpould maintain a role inside the company or if he would take some time off to celebrate being newly Wednesday for the third time to supermodel wife Jerry Hall. He assumes Fox shareholders would get equity in the larger Disney. Disney would acquire Fox's movie studio, cable networks like FX, and worldwide holdings including its 39 percent stake in Sky.
It'd definitely be interesting. Disney's shares were up 1.2 pct at $99.86 US.