The Walt Disney Company is nearing a deal to acquire the entertainment holdings of 21st Century Fox, according to a report this morning on CNBC. The deal could be closed as early as next week.
News of the negotiations were first made public in early November. If the deal were to happen, it would represent one of the biggest entertainment media consolidations in recent memory, reducing the number of major entertainment producers in the United States from five companies to four.
Disney is looking to purchase only Fox’s entertainment assets, not its news or sports assets. This would have major implications for the animation industry, potentially giving ownership of Blue Sky Studios and tv shows like The Simpsons and Family Guy to Disney. We earlier ran down some of the film and tv production/distribution assets that Disney is looking to acquire: