Disney close to $60B deal to buy Fox

Could James Murdoch step into Iger's shoes at Disney?

Neither company was immediately available for comment.

Fox Sports Ohio and SportsTime Ohio would likely be rebranded as ESPN networks, which Disney also owns.

The proposed deal, in which Disney would acquire all or nearly all of 21st Century Fox's assets on the film and television side, would bring Fox's Marvel properties over to join the rest of the library at Disney-owned Marvel Studios.

The deal would include Fox's Nat Geo, Star, regional sports networks, movie studios and stakes in Sky and Hulu, among other properties.

Google missed out on China. Can it flourish in India?
Citing NPCI data, Sengupta said that in October-November period, Tez accounted for 70 per cent of transactions on BHIM UPI. Google at its annual event in India, "Google for India" announced that its play store is among the nation's favourite.

As part of the deal, the Fox cable news channels, the main Fox sports channel, and the FOX broadcast network would be spun off into a new company, to be controlled by the Rupert Murdoch family.

Disney will be buying Twenty-First Century Fox, the TV and movie studio. Fox bought the film rights to both back before Marvel was purchased by Disney and has been loathe to let the rights revert back to Marvel.

Enterprise value for Fox assets seen more than $60 billion: Sources from CNBC. But, with Disney possibly purchasing Fox as soon as next week, team-ups that we've come to take for granted in the comic book realm may soon be made reality. The decision is the result of the company's leadership coming to the realization that it is simply not large enough as media entity to compete with giants like Disney and the rapidly growing digital presences of Netflix and Amazon.

The New York Times reports that a deal could be announced as early as next week as talks seem to be moving at a fast pace.

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