Disney Might Purchase X-Men and Deadpool Owner Fox Tomorrow

'When a set of assets like 21st Century Fox's becomes available, it's our responsibility to evaluate if there's a strategic fit that could benefit our company and our shareholders, ' the Philadelphia-based company said in a statement. The cost of this deal could be up to $60 billion dollars.

Bloomberg reports that Walt Disney Co. will likely announce their acquisition of 21st Century Fox Inc's movie and TV studios later this week, with Variety later reporting it would happen on Thursday.

The deal will mark a return by Murdoch to focus on the news business, his lifelong passion. Australian-born Murdoch inherited his father's newspaper business in 1952 and transformed it over many years, acquiring premiere properties such as the Wall Street Journal, the London Times and the 20th Century Fox movie studio.

Murdoch's shift to selling assets rather than buying them has come as a surprise to many who expected him to hand over the businesses to his sons, James and Lachlan. With once-mighty TV properties such as ESPN in decline, Disney is looking to subscription streaming services for growth: ESPN+ will launch in the first half of next year, while an entertainment service drawing from its Disney, Marvel, Lucasfilm and Pixar brands will roll out in 2019. Praising this a attractive syndication of resources, Ives commends the Disney streaming machine's deal and all of its resultant momentum.

Disney already plans to pull its content from Netflix as it differentiates its streaming service looks to strengthen itself against competition from Netflix, Amazon, Apple and Google.

Wolfenstein II: The New Colossus DLC 'The Adventures of Gunslinger Joe' trailer
Well, you're in luck, as the game's first full DLC episode, entitled The Adventures of Gunslinger Joe , hits today. According to Bethesda, Episodes 1-3 will release starting next month and finish up in March 2018.

In addition to Comcast, Verizon Communications Inc. and Sony Corp. have also explored the idea of acquiring the holdings.

Sources suggest that Fox still thinks the Sky TV deal will go through, with or without Disney, despite how long the process has taken. Fox shares rose 1.1 percent to $33.66 at the close in NY.

Neither studio would comment on the status of the deal.

US President Donald Trump's administration has been tightening regulation on such deals, having recently blocked AT&T's US$85.4bn acquisition of Time Warner unless it sells off some of its broadcast networks.

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