Today shareholders from The Walt Disney Company and 21st Century Fox met in separate meeting…
I guess everyone complaining about Avatar not being part of Disney might be able to stop complaining soon. Over the years Disney has made some huge purchases, buying Marvel Entertainment in 2009 and the Star Wars franchise from Lucasfilm in 2012. The latest talks on Wall Street could come close to those purchases as according to CNBC, Disney is talking to Fox to buy the 21st Century Fox movie studio as well as significant TV assets.
If the deal goes through it Disney wouldn’t be buying the whole company and the sale would not include the Fox broadcast network, or Sports network. Why would Fox sell of it’s 21st Century Movie Studio? Fox reportedly wants a media company focused on news and sports, in which it can be more successful in this increasingly competitive marketplace.
Disney and 21st Century Fox have been in talks over the last few weeks to strike a deal, but haven’t yet been able to come to terms. It’s important to note that at the moment they are currently waiting to continue, as the nature of the negotiations are on again, off again.
What impact would Disney buying 21st Century Fox have on the marketplace?
I want to know what you think about Disney potentially buying 21st Century Fox. Do you think it would be a good move? What future implications could you see for the Disney company? Let us know in the comments section below!
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