Disney is once again engaging in talks to acquire 21st Century Fox assets

The Jolt Journal (https://www.joltjournal.com)

Disney is once again trying to resume talks with 21st Century Fox to a possible acquisition, according to a report from The Wall Street Journal. In November, we had learned that Disney and 21st Century Fox were engaged in a possible acquisition talks where Disney would acquire most of Fox’s film and TV assets, but they were quickly ended. Now, the talks have once again started, reports WSJ.

The WSJ has cited reports of individuals that are familiar with the situation. They say that the talks are currently active once again and are gaining momentum, and it may also be possible that the could fall through. The talks concern Fox’s movie and television studios, some domestic networks, and international assets.

Rupert Murdoch and his family are reportedly debating on whether or not they want to sell by the end of the year. If this deal were to go through, this would bring a big addition to Disney’s massive content library. For example, Fox’s assets include some Marvel properties like X-Men and James Cameron’s Avatar franchise.

CategoriesBusiness Tech
Hamza Khalid

Hamza Khalid is the Lead Editor at The Jolt Journal. You're more than welcome to follow him on Twitter and follow The Jolt Journal on Twitter and Facebook. If you have any questions, concerns, or need to report something in this article, please send our team an email at [email protected]. This story may be updated at any time if new information surfaces.

At The Jolt Journal, no one tells us what to write or how to write it. This is why, in the era of lies and bias, readers turn to an independent source. Rest assured, all information on our website is free of any bias or influence. If you see anything wrong with a story, please don't hesitate to reach out. We do our very best to report on the latest available information.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.