Disney In Talks to Purchase 21st Century Fox.

November 6, 2017
 
disney, 21st century fox, marvel, movie news, tv show news, Disney In Talks to Purchase 21st Century Fox, moviecreedlive
 
Disney is becoming quite the diverse and giant entertainment corporation even from its own standards. The company already owns things like Marvel and even the highly loved and iconic Star Wars series that was recently owned by the exceptional George Lucas. 
 
Now, it has been revealed that Disney plans on acquiring 21st Century Fox. It has been revealed that The Walt Disney Company is currently in talks with the movie giant, according to CNBC. 
 
Reports revealed that talks have been taking place for Disney to buy most of the company, not including the new things acquired by Fox and also the news and sports assets. It must be noted that there is no guarantee that this acquisition will go through. However, Disney does have an extremely great track record for acquiring huge and extremely profitable companies. 
 
If the deal goes through, Disney will own almost all the characters from their Marvel branch. Fox currently owns Marvel's X-Men character rights and of course Deadpool, which Sony still owns the rights to Spider-Man live-action films. 
 
The acquisition will allow Disney to do a full Marvel Cinematic Universe film. It must be noted that Marvel owns the screen rights to the Fantastic Four and the characters and more. It should also be noted that Fox produces the Alien, Predator, Blade Runner and many other series that are extremely profitable. 
 
UPDATE: 
 
Both Walt Disney and Fox are no longer in talks for the acquisition of 21st Century FOX. Fox decided not to sale after an 8.9 percent surge or their shares in the Stock market. Disney's shares rose 2.4 percent also after CNBC first reported on the possible discussion. Both companies declined to comment on the matter. 
 
moviecreedlive
 
Stay updated with us as the story unfolds. 
 
Movie News/TV Show News
By. Jeffrey Williams
 
Source: CSNBC 

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