As early as next week, Disney may announce the acquisition of key assets of the Rupert Murdoch-controlled Twenty-First Century Fox.
Comcast is also thought to be in talks with Fox, but has not progressed as far as Disney, say sources.
Disney intends to buy all media production (television and studio) assets for a reported $60 billion or more, while Fox will retain most sports and all news assets, according to CNBC.
Acquired assets in the potential deal will include Star, Nat Geo, regional sports networks and Fox’s stakes in Hulu and Sky.
If the deal goes through investors in Fox will get a fixed exchange ratio of Disney shares plus one share in the Fox entity that remains after the asset sell-off.
+++ + +++