Deals
Fox Favors Disney For the Sale of Its Studio, Media Assets
- Murdochs see better strategic fit, fewer regulatory hurdles
- Fox is also said to be still in active talks with Comcast
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21st Century Fox Inc., the global film and TV company controlled by the Murdoch family, would prefer to sell some assets to Walt Disney Co. because it’s a better strategic fit and presents fewer regulatory hurdles, people familiar with the matter said.
The family is holding talks with Disney, as well as Comcast Corp., about combining certain media businesses with the potential buyers, said the people, who asked not to be identified because the discussions are private. The assets would include the 20th Century Fox film and TV studio and Fox’s stake in the U.K. pay-TV provider Sky Plc, they said. They don’t include Fox News, the Fox broadcast network or the Fox Sports 1 channel.