The deal between Disney and 21st Century Fox can still happen, a new report from CNBC indicates.
According to the outlet, the two media giants haven given up the idea of “combining movie and television production operations.” In short, while the two companies are not currently in active conversations, it doesn’t seem like either have abandoned the idea of Disney buying most of the Fox.
In short, CNBC’s David Faber said, “Pencils aren’t down.”
The deal in question revolved around Disney potential purchasing of virtually all of 21st Century Fox’s non-news and non-sports-related assets. This would give Disney a whole lot of extra IP, employees, and overall assets, and would leave Fox behind to focus more on their news and sports business.
Of course, for us fans, our minds immediately went to the Marvel Cinematic Universe. For years, some have been hopeful that the X-Men or Fantastic Four could eventually cross over into the MCU, but due to rights issues and Fox’s desire to utilize their own licenses, it was pretty unlikely. Disney purchasing most of Fox would understandably increase the likelihood of that happening, for better or worse.
Is this a deal you’d still like to see go through? Let us know down below!
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SOURCE: CNBC