– by Joseph Jammer Medina

disney fox merger

Who would have thought that Disney would have ever actually been interested in purchasing the majority of the company, 21st Century Fox? But here we are. After weeks of buzz and speculation, it sounds like that deal is incredibly close to happening.

In fact, the folks over at CNBC are now saying that we can likely expect an announcement on the deal on Thursday.

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As previously reported, this deal looks to see Disney purchasing most of 21st Century Fox for a figure in the neighborhood of $60 billion. No, I didn’t add another zero to that by accident. $60 billion. While the actual number isn’t set in stone just yet, that’s likely in the same ballpark of what the final deal will end up being.

This would would mean that Disney owns all of Fox’s movie and TV assets — in addition to some affiliate sports networks — and all that’ll be left of Fox will be its news and sports assets.

This report comes after Comcast dropped out of conversations with Fox, and will see some big properties come under the Disney fold, including Avatar and X-Men.

Are you excited to hear about this deal? Let us know down below!

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Joseph Jammer Medina is an author, podcaster, and editor-in-chief of LRM. A graduate of Chapman University's Dodge College of Film and Television, Jammer's always had a craving for stories. From movies, television, and web content to books, anime, and manga, he's always been something of a story junkie.