Comcast Confirms Plans To Counter Disney's Fox Bid

Cable giant Comcast - the owner of NBC Universal - corroborate its plans to strain and outbid Disney ’s offer for the assets of twenty-first Century Fox . Back in December of last year , a huge media mass that had been rumored as in the works for a while was eventually made official : Disney was place to buy Fox , or at least a material part of it . While a deal that huge takes years to fully complete , it also obviously would n’t have been publicly announce if both party regard were n’t intending to proceed .

Disney was n’t the only monumental corporation that wanted to get a piece of Fox ’s considerable assets though . Around the same time the House of Mouse was talk terms with Fox , so was Comcast . Comcast has of line long been one of the largest cable company in the U.S. , and became a full - on media monolith in and of itself when it acquired NBC Universal in 2011 . As giving a actor as Disney is , Comcast is just as big .

Related:Disney & Fox Deal May Be Finalized By Summer 2019

As we all know now though , Comcast did n’t win the bid warfare , finally bowing out when it became clear that Fox had prefer to deal to Disney . However , there have been muttering in the last few months thatComcast was cook to try and once again outbid Disney , in a last minute attack to take Fox . Sure enough , Deadlinereports that Comcast has affirm its plans to do just that .

The deal that Disney and Fox finally settled on was one worth about $ 52 billion , a sizeable lump of alteration , even to most giant corporations . Comcast reportedly plans to offer Fox an offer in the $ 60 billion range , and what ’s more , this offer is an " all - cash " go , while Disney ’s is " all - fund . " While fully excuse why one is better than the other would involve cut into into the minutiae of collective mergers and buyout and is probably best left to fiscal expert , do it to say that all - cash is generally come across as being more attractive than all - stock , for various reasons .

That enounce , just because Comcast has fall with a beefed up , all - cash go , does n’t mean that Fox will be any more unforced to sell to them than they were before . For grounds , one needs only call back thatComcast actually outbid Disney last meter , making an all - blood fling worth well more than Disney ’s all - stock offering . Yet , Fox still go with Disney . presumptively , the reasons it did that might still be valid , and no amount of increase money will change Fox ’s mind .

Ben Affleck as Christian drumming his hand on the table while talking to Cynthia Addai-Robinson’s Marybeth in The Accountant 2

If Comcast did end up winning the twenty-four hours though , and buying Fox ’s picture show and television studio apartment assets , one wonders what that would intend for the vista of Fox ’s Marvel character being able to join Disney ’s MCU . There is a widely hold belief online that the moving-picture show and TV rights to characters such as the Adam - Men and Fantastic Four would regress to Marvel - and thus Disney - regardless of who Fox sells to , as the rights are non - transferable . However , this has in no way been confirmed by either Marvel or Fox , and aboveboard might be more desirous thinking by fans than anything .