In animation, Fox also has the Ice Age franchise.
Marvel Studios recently made a deal with Sony to be able to use Spider-Man in their movies, so bringing in the FOX Studios characters would basically reunite all of Marvel under Disney. For now, it looks like this deal is more about selling off the production assets and back catalog right now. That £11.7bn ($15.41bn) deal has run afoul of regulators' concerns about media plurality in the United Kingdom and the Murdochs' commitment to broadcasting standards.
At this point, nothing is official regarding the potential deal between Disney and Fox, but now that word is getting around, there's a good chance we'll hear more about it in the near future. Since a company can't own two broadcast networks, Fox would remain under the 21st Century Fox control/umbrella, as would the Fox sports programming as Disney believes joining forces between ESPN and Fox Sports could be seen as anti-competitive from an antitrust standpoint.
This would give Disney a more extensive catalog of movies and TV shows at a time they are looking at going direct-to-consumers to compete with Netflix in 2019.
Fox stock trading was halted when the news first broke.
Fox has some advantages there next to Disney, as so much of their sports involves the broadcast network rather than cable, but the overall impact of sports rights fees and revenues would be under a bigger microscope under this structure. So it would definitely be interesting to see how a more-focused-on sports Fox would do, and how investors would react.
Shares of Twenty-First Century Fox rose some 7 percent to $26.80 in afternoon trade while Disney was up almost 2 percent to $100.30. Currently, Disney owns the Marvel, Pixar, and Star Wars catalogs.