The deal between Fox and Disney is said to be aimed at leaving the former's news and sports properties and selling the rest to the latter. Furthermore, Disney would also not buy Fox's sports programming assets in the interest that marrying them with ESPN would be viewed as anti-competitive from an anti-trust point of view.
Marvel Studios' inability to use the X-Men and Fantastic Four - as well as most of their supporting casts - within the MCU franchise has always been a sore spot with Marvel fans, and it didn't look likely that FOX would ever be inclined to give the film rights to the characters back to Marvel.
The talks have taken place over the last few weeks and there is no certainty they will lead to a deal.
Shares of both Disney and Fox are down year-to-date, as the acceleration of cord-cutting and a weak box office have provided some media headwinds.
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They did a good job coming in defensively and we put them on their best two players so really pleased with the young group. Miles, who had flu symptoms, so he might return Sunday to lead the second unit as he has done so well this season.
Disney wouldn't even be allowed to own two networks, as they already own ABC.
If a deal like this did happen and did receive regulatory approval, it could have some significant effects on sports. In addition global assets, such as Star and BSkyB, he reported that Disney is seeking to add entertainment networks such as FX and Nat Geo.
A Disney spokesman did not immediately respond to a request for comment while Fox was not immediately available for comment.
Sheikh said he is surprised that the Murdoch family, which controls 21 Century Fox, would consider giving up control of the company. 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.