Comcast Is Reportedly Considering Outbidding Disney For Fox’s Film And Television Rights

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It was only just December when it was announced that Disney had made a deal with Fox to purchase their film and television rights, including the X-Men and Fantastic Four. While the acquisition is still being worked on until around 2019 many had taken this to be a done deal with the X-Men and Fantastic Four finally returning to Marvel. However, recent reports suggest that Comcast is planning to outbid Disney for Fox’s film and television rights.

According to a new report from CNBC, Comcast could potentially outbid Disney’s offer for Fox’s assets. Ultimately the fate of the Disney/Fox deal comes down to the potential AT&T and Time Warner merger. This deal was blocked by the Justice Department last year when the Trump administration began to scrutinize the $85 billion deal. If the AT&T and Time Warner go through it would essentially pave the way for huge corporations like Verizon and Comcast to purchase media companies such as Fox or Disney.

And with Comcast considering topping Disney’s offer to Fox, Disney has already begun prepping a response to the potential bid which would be favored by Fox. The only reason that Fox took Disney’s deal was that it has a better chance of going through. But if the AT&T and Time Warner deal goes through this would pave the way for Comcast to purchase the Fox assets.

Comcast has already purchased NBC Universal, so adding Fox would definitely boost their portfolio with the many entertainment assets they would acquire. For now, there are many variables including will Comcast attempt to outbid Disney, will Fox choose Comcast over Disney, and will Disney attempt to raise their own offer. For now, though we will have to wait and see how the court determines what to do with the AT&T and Time Warner deal.

So sadly we may need to dial back our hopes for the X-Men and Fantastic Four joining the MCU as the deal may not be as sure as we once thought.

How do you feel about Comcast acquiring Fox? Let us know at SuperBroMovies on Twitter what you think! – Jacob Campbell

Source: CNBC


1 comments on “Comcast Is Reportedly Considering Outbidding Disney For Fox’s Film And Television Rights”

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