Disney have resumed discussions with 21st Century Fox about acquiring a portion of the company's assets, according to a report by The Wall Street Journal (via Variety).
In addition to selling off its TV and film studio, Fox is looking to unload the FX family of networks, National Geographic TV, their 30 percent stake in Hulu, and some of its international TV networks, including Star India and its 39 percent interest in Sky. The estimated cost of the entire package comes in at around $48.5 billion while the movie and TV departments are valued at about $15 billion.
In early November, Disney expressed interest in acquiring the assets that Fox was looking to parts ways with, but initial talks broke down over valuation disputes, among other reasons. In the meantime, Fox has remained in contact with Comcast and NBCUniversal who are "being very serious” about looking into the company's assets.
By the end of the year, the Murdoch family is hoping to come to a decision as to whether or not they want to go forward with selling off a large portion of their properties.
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