Talks Between Disney and Fox are Back On Regarding Asset Sales Worth $50B

It was a big but quick surprise last month when word came out that 21st Century Fox, the multimedia corporation founded by Rupert Murdoch which has film studio 20th Century Fox, Fox TV and Fox News under its umbrella, had opened discussions with Disney towards acquiring some of these same branches alongside several broadcasting assets.

The deal apparently went dead after a few days with even a quotation of a possible price, although the news made Fox and Disney shares jump up for a while. Now all of a sudden the talks between the two media giants have apparently resumed.

According to Financial Times, The Walt Disney Company and 21st Century Fox have returned to the table with regards to a possible sale of the Fox Entertainment Group and their stake in the Sky pan-European broadcaster to the House of Mouse.

Fox currently has a market value of roughly $60 billion, and Disney is apparently going to be coughing up around $50 billion to acquire the Fox entertainment assets, the Sky share and also India’s Star TV network. Insider information on the talks would have it that said acquisition will now not include the Fox Broadcasting Company, Fox News and its sports broadcast rights.

In addition to Disney, other major media names like Verizon and NBCUniversal’s Comcast have expressed interest in Fox’s entertainment group. The rationale behind the Murdoch-owned company’s talks with buyers has been their resignation at not being able to keep up with the rise of rival businesses with global digital streaming arms like Amazon or Netflix.

Disney is already making plans to launch its own streaming platforms, one for sports from its ESPN network, and the other for entertainment with its own film library and that of Pixar, LucasFilm and Marvel Studios. One major after-effect of the Fox-Disney deal being realized is that certain Fox film franchises such as Marvel’s X-Men and Fantastic Four will fall under Disney’s hands and that of their Marvel subsidiaries.

What remains now apparently is to make sure the acquisition does not ring too many alarm bells when it comes to government regulations. Already the Justice Department is clamping down on the planned $85 billion deal by AT&T to acquire Time Warner Inc., citing negative effects on the consumer base with the merger of a TV distributor and content producer.

‘Avengers: Infinity War’ First Trailer Now ‘Most-Watched in 24 Hours’ Video

If anybody thought that the latest trailer for the next Marvel Cinematic Universe film Black Panther, due to premiere in February of next year, had generated a significant amount of positive buzz, they probably didn’t pay attention to the movie release schedule. Next up for release is the third Avengers film subtitled Infinity War, set for May, just three months after Black Panther.

If there’s been any doubt about how intensely the Disney-Marvel crowd has been waiting for the big showdown promised since the first ever Avengers film back in 2012, then the reception for the first trailer for Avengers: Infinity War has cleared those away completely. Here’s the trailer in question.

In only 24 hours after it first appeared online, the trailer video has already racked up an astonishing 230 million views. To compare, within a similar 24-hour time-frame the first Black Panther trailer garnered just 89 million views online, plus 19 million more from when said trailer was aired during the NBA Finals 2017 Game 4.

Outside of the MCU, the top 24-hour trailer views before Avengers: Infinity War has been the IT trailer with 197 million views. Said trailer for the 2017 Stephen King horror film remake took the title from the Fate of the Furious trailer (139 million) which first came out in 2016.

Marvel Studios was of course very proud of how well the trailer for the upcoming epic MCU climax has been doing, taking to social media to thank the fans who watched.

Infinity War finally brings to the fore the universal and existential threat of the titan Thanos (Josh Brolin) who featured in the first Avengers mid-credits scene and in the first Guardians of the Galaxy movie.

Aside from the Avengers actors (Robert Downey Jr., Chris Hemsworth, Chris Evans, Mark Ruffalo, Scarlett Johansson, Jeremy Renner, Samuel L. Jackson), the humongous cast includes solo heroes Paul Rudd (Ant-Man), Benedict Cumberbatch (Doctor Strange), Tom Holland (Spider-Man) and Chadwick Boseman (Black Panther). The other MCU team the Guardians of the Galaxy (Chris Pratt, Zoe Saldana, Dave Bautista, Bradley Cooper and Vin Diesel) will also figure.

Find out how the Cinematic Universe version of Marvel’s superhero community takes on one of the most powerful comic-book villains ever conceived when Avengers: Infinity War hits cinemas May 4, 2018.