You are here: Home » Reuters » News
Business Standard

Fox prefers Disney as buyer for studio, media assets: Bloomberg

Reuters 

(Reuters) - Twenty-First Century , the media company controlled by the Murdoch family, favours selling some assets to Walt Co as it is better strategic fit and presents fewer regulatory hurdles, reported on Monday, citing people familiar with the matter.

The company is in talks with and Comcast Corp to combine certain assets with the potential buyers, and the Murdoch family aims to make decision by the end of the year, according to

had reported last month that apart from Disney, both Comcast and Verizon Communications Inc had also expressed interest in acquiring significant part of Fox's assets.

The assets that buyers have expressed interest in include Fox's movie and TV production studios, cable networks FX and National Geographic, and international assets such as the Star network in India, and the European pay TV provider Sky Plc .

declined to comment, while and Comcast were not immediately available to comment.

(Reporting by Arjun Panchadar in Bengaluru; Editing by Anil D'Silva)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Tue, December 05 2017. 03:29 IST
RECOMMENDED FOR YOU