Disney and Fox reportedly closing in on a deal

Disney is reportedly closing in on a deal to purchase 21st Century Fox's movie and television production operations.

In September the media secretary, Karen Bradley, asked the regulator to examine whether Murdoch had a genuine commitment to broadcasting standards following concerns about the running of his U.S. Fox News network. His father and brother will remain at Fox to focus on news and sports assets.

As early as next week, Disney may announce the acquisition of key assets of the Rupert Murdoch-controlled Twenty-First Century Fox. Now the deal that looked like it would take months to complete could be done as soon as next week.

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May said "a lot of progress has been made, but on a couple of issues some differences do remain which require further negotiation".

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Broker Liberum told the Evening Standard that Disney/Fox talks throw a "curveball into the [Sky] deal", but added: "We still see a successful conclusion of the bid as most likely".

According to CNBC, much of the deal remains the same. Comcast, global telecommunications conglomerate and owner of NBC and Universal Pictures, is also bidding to acquire Fox's assets. This of course includes Fox-owned Marvel properties like X-Men and Fantastic Four and the rights to James Cameron's Avatar sequels. That means the X-Men and Deadpool could show up in an Avengers movie. However, Fox's talks with Disney are said to have gone "deeper and further". It's possible Disney simply had more money on the table. There is also the fact that if the studios do merge, it would limit the field of studios that directors and filmmakers make their pitches to.

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