Comcast Now in the Hunt for Fox’s Assets

Posted by at 6:48 am on November 17, 2017

Comcast is reported looking to acquire some of 21st Century Fox’s assets reports CNBC, taking the place of Disney Pictures which was reportedly in talks for the same assets earlier this month.

Like that previous negotiation, the Comcast deal would be for 21st Century Fox and the Fox Television Production companies, and would NOT include Fox News, Fox Sports or the FOX channel. Talks are ongoing.

Like Disney, Comcast is under rules and can only own one broadcast network so FOX and FOX News are off the table to steer clear of antitrust laws. The site also reports that though Disney and Fox are not currently in talks, the deal is not dead on their end. Also Verizon Communications is said to be interested in acquiring parts of Fox.

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