21st Century Fox Has Reportedly Been in Talks to Sell Most of Its Company to Disney

Fox, Fox News and Fox Sports would not be included in the deal

The number of big media companies could be decreasing by one: 21st Century Fox has been holding talks in recent weeks to sell much of its company to Disney, and would shift to focusing more on its news and sports properties, according to a CNBC report.

The on-again, off-again talks have been taking place over the last few weeks, and might not lead ultimately to a deal, said CNBC.

21st Century Fox declined comment on the CNBC report, and the Walt Disney Company did not immediately respond to a request for comment.

Disney would not be able to buy all of Fox, given that it already owns one broadcast network, ABC, and could not own a second.



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