Disney and Fox reportedly closing in on a deal

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Disney intends to buy all media production (television and studio) assets for a reported $60 billion or more, while Fox will retain most sports and all news assets, according to CNBC.

The Murdoch family, which controls Fox, prefers a deal with Disney because it would rather be paid in Disney than Comcast stock, and expects a potential deal with Disney to be cleared by US antitrust regulators more easily, one of the sources said. "Fox is also talking with CNBC parent company Comcast, but the talks with Disney have progressed more significantly".

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21st Century Fox declined to comment on the report to Fortune; Disney didn't immediately return a request for comment.

But it seems likely that-in the event of a deal-Murdoch would get a senior executive role at Disney no matter what. This new detail contradicts an earlier report, which suggested that Fox Sports properties would not be included.

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The news has us salivating at the possibilities of an X-men/Avengers crossover and having mutants in the Marvel tv shows would be pretty damn cool. The Fantastic Four could finally get done the right way; Captain America could hang out with Professor X. Iron Man could trade insults with Wolverine (if Hugh Jackman comes out of retirement). This means the new Star Wars films could include the iconic John Williams scores.

There is some worry that if Disney does acquire Fox, everything that Fox had and now owns would be Disneyfied, meaning it would be watered down. I'm sure more details of the deal will come out as soon as the deal is done.

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