Comcast Takes First Steps Towards Making Another Bid For Fox

Disney may have already impress a sight , but Comcast is n’t stopping its quest to buy Fox . The Hollywood system is going to receive a major reorganization in the next year or so . When reports come out that twenty-first Century Fox was look to sell its picture and TV assets , namely 20th Century Fox , it quickly became clean-cut that Disney was the front - runner for the skill . written report even state thatFox preferred to betray to Disneyover other companies .

The Mouse House showed interest as architectural plan they want to gather admittance to Fox ’s huge program library , which would help bolster their upcoming streaming service as well as satiate fans ' interest in having the cristal - Men and Fantastic Four join the Marvel Cinematic Universe . While Disney seemed like a certain bet , Comcast was still trying to outbid them . Ever since the deal closed , Comcast has see for a style to acquire some of Fox ’s assets . They ’ve reportedlyconsidered up their Fox bidaltogether . While that has yet to happen , it ’s still in the cards if another major studio deal goes through .

Related:Disney/Fox Deal Could Be Impacted by Comcast Buying Sky

CNBCreports that Comcast is preparing to make another bid for Fox , but with a few wrench . First of all , they are meeting with banker to potentially get enough backup where they can make an all - cash crack to Fox . Comcast is depend to grow the majority stake of Sky ( an outside television group which Fox owns 39 % of ) , and they ’re also hoping to finance $ 60 billion to make a bidding for Fox . Even if Comcastdoesreceive the backing it postulate , that still does n’t guarantee an fling will be made .

The vainglorious variable with Comcast ’s possible offering come withAT&T ’s quest to develop Time Warner . In that illustration , AT&T agreed to pay $ 80 billion to buy Time Warner near the end of 2016 . Just like any deal that Fox could concord too , the AT&T / Time Warner amalgamation is being to a great extent examined by the U.S. Department of Justice . The concerns come with such a deal breaking antitrust laws . Comcast is go along a close eye on this case and will officially submit another offer if it is approved , which would , then , alleviate any fear Fox has with selling to Comcast .

If AT&T is successful in acquiring Time Warner ( which includes Warner Bros. , DC Entertainment , HBO , and more ) , then there should n’t be a problem for Comcast to likewise get approved to buy Fox . The difficultness here come with what Fox wants to do . They ’re already six month into the cognitive process of getting the Disney deal finalized . Going back to square one with a good deal with Comcast would obviously typeset any kind of merger back another class or more . Fox has continued to develop projectsin the lag , just in case the Disney deal takes longer or if one falls through completely , but also because neither studio apartment can jump the gun and move forward on project together as if the deal had already been approved ; that could lead to further regulatory exit and even fines .

Comic book art: 1990s X-Men, with Cyclops front and center, surrounded by characters including Storm, Gambit, and more.

Unfortunately , for Comcast , all of this hassle could be for naught . Comcast ’s initial offer to buy Fox was higher than Disney ’s , and Fox still did n’t opt them . regulative care were part of the reasonableness why , as well as Disney agreeing to devote a $ 2.5 billion " breakup " fee if the deal did n’t happen . Comcast would n’t offer such assurances initially and its unclear if that posture has switch . As long as Comcast insists on keeping this sales event interesting , its too other to completely lock in the Disney - Fox flock . We ’ll keep you updated on Comcast ’s by-line to grease one’s palms Fox .