Fox prefers Disney as buyer for studio, media assets: Bloomberg

Disney & Fox Have Reignited 'Serious' Acquisition Talks

Disney & Fox Have Reignited 'Serious' Acquisition Talks

Media Mogul Rupert Murdoch (C) poses for a photograph with his sons Lachlan (L) and James as they arrive at St Bride's church for a service to celebrate the wedding between Murdoch and former supermodel Jerry Hall which took place on Friday, in London, Britain March 5, 2016. Comcast owns NBCUniversal, and it is not permitted for one company to own and operate two broadcast television networks.

In addition to Disney and Comcast, both Sony and Verizon Communications have been previously named as potential suitors. Of course, as we've seen in the past, too, things could end up coming to a screeching halt with no deal to be had.

Just days ago, it was rumored that Disney and 21st Century Fox were back in negotiations, with things said to be moving fast and a deal all but certain.

According to reporting done by The Wall Street Journal (via Deadline), Disney and 21 Century Fox have renewed their discussion this week for Disney to buy some of Fox's assets.

Disney's studio entertainment operating income was $2.4 billion in fiscal 2017, up from $618 million in 2011.

On the table are the Fox cable networks, including FX and National Geographic; the Fox TV and film studio; and international assets such as a significant stake in Sky, ownership of India's Star TV, and the Fox Networks Group channels around the world.

Reuters reported in November that Comcast, which is the largest U.S. cable provider and has a market value of around $188 billion, had expressed interest in Fox assets.

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