A deal between The Walt Disney Company and 21st Century Fox could happen by next week, according to CNBC.
Reports of Disney acquiring Fox’s studio and television production assets first surfaced in November.
The rumoured deal would see Rupert Murdoch and sons James and Lachlan sell Fox’s film and television operations under the 20th Century Fox division, the FX Networks and National Geographic cable units, and international channels including a stake in British broadcaster Sky. Fox would keep its sports and news operations.
CNBC report that the enterprise value of the Fox assets is above $60 billion.
Back in November The Wall Street Journal said the talks first fell down because Fox weren’t happy with the terms proposed.
According to the report, Fox is also in negotiations with Comcast.