Disney-Fox Deal

Discussions about a name change are underway, but no consensus has emerged, according to a source close to the situation.

The name change means consumers won't mistakenly connect the Disney-owned studio with Rupert Murdoch's polarising Fox News

The Commission extended its deadline for reviewing the deal to November 6 from October 19

Disney is locked in a three-way battle to divvy up the assets of 87-year-old media mogul Rupert Murdoch

The Fox movie franchises and TV shows have been the subject of a bidding war between Disney and Comcast, both of which want to expand their own entertainment businesses

Star India reaches 700 million customers a month, with 60 channels in nine different languages

US cable operator planning a major bid for parts of 21st Century Fox, setting up a battle with Disney

Buying Fox's movie studio will give Disney the rights to make movies based on the X-Men comic books

The deal will catapult Disney, currently a small player known for kids' channels and Hollywood film distribution, as India's largest media & entertainment broadcaster

The deal, expected to be announced Thursday, would value the assets Disney is acquiring at $60 billion, including debt.

The deal also could allow Disney to boost its film business in India, where the vast majority of movies are local Bollywood releases

Under the terms of the talks, Disney would buy big parts of Fox's empire in an all-stock transaction, including its movie and television studios

If Fox decides to pursue sales negotiations, it would represent a potential unwinding of a media kingdom that the Murdoch family has assembled for decades

The two companies reportedly held talks in recent weeks about a potential sale of Fox's FX and National Geographic channels