The Walt Disney Co. has resumed talks with Twenty-First Century Fox about buying at least part of the company, as Fox weighs whether to shrink its empire, two people briefed on the matter said Saturday. Fox is still in talks with Comcast about a potential deal, added these people, who were not authorized to speak publicly about the negotiations. Disney and Comcast have been most interested in only part of the constellation of Fox businesses, notably the 20th Century Fox movie studio; cable channels like FX; Sky, the British broadcaster; and Star, an Indian broadcaster. Fox would be left with several highly profitable businesses, including Fox News, its broadcast network and its sports pay-TV channel. Representatives for Fox, Disney and Comcast declined to comment, or did not immediately respond to requests for comment, on the state of the talks.

Source: thestar December 03, 2017 00:00 UTC