Published: Wed, December 06, 2017
Entertaiment | By Paul Elliott

Disney may make Murdoch CEO if Fox deal goes through

Disney may make Murdoch CEO if Fox deal goes through

This new detail contradicts an earlier report, which suggested that Fox Sports properties would not be included.


"A deal appears more likely than not."


Discussions between the two global companies are said to have rekindled after stalling last month, the FT has reported, with Fox also looking to sell off its entertainment and worldwide assets.

Murdoch's $15 billion bid to buy the 61 percent of Sky it does not already own is being watched closely in the US where Walt Disney Co is in the lead to acquire much of his Twenty-First Century Fox Inc's media empire, including Sky.

James Murdoch is the younger son of 21 Century Fox chairman Rupert Murdoch. Fox has also been talking to Comcast, which owns CNBC. According to CNBC's Michael Faber, Disney and Fox could close ona revised deal, including the sale of the regional sports networks, as early as next week. Under the new agreement, Disney would be a huge chunk of Fox's empire, including its movie and television studios, Sky channels in UK/Europe, Star TV in India and a stake in the Hulu streaming service.

Additionally, Disney would re-gain the rights to the Marvel X-Men and Fantastic Four film franchises. What this means for films like Deadpool 2, New Mutants, X-Men: Dark Phoenix and the Doctor Doom standalone film, all of which are in development or in production, is unclear. However, Fox's talks with Disney are said to have gone "deeper and further". So possibly no more Logan or Deadpool type movies. I'm sure more details of the deal will come out as soon as the deal is done.

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