Comcast Reportedly Considering Out-Bidding Disney For Fox Acquisition

Disney Fox Fantastic Four X-Men Avengers ComcastFans around the world rejoiced when Disney announced their plans to acquire a large chunk of 21st Century Fox studios. While rumors of the discussions were making waves online for weeks, the confirmation heralded an unprecedented status quo in Hollywood, with Disney becoming the most powerful studio in the world. For fans, it meant that every crossover they had ever dreamt of would finally be possible, as this new acquisition meant that Marvel properties like the X-Men, Fantastic Four and Deadpool will finally belong under the same roof. it also meant that Fox would relinquish its share of Star Wars: Episode IV – A New Hope and that the Avatar franchise would now belong to Disney.

It was the culmination of many fans’ dreams and hopes, even though it would be a long time before those dreams came true, as the deal had to be vetted and approved by regulators to ensure that the practice would not break any anti-trust laws.

Now, while fans eagerly await approval of the sale, the deal has been dealt an interesting twist. CNBC is reporting that Comcast may have its eyes on Fox as well and may make a sudden bid on the studio, since Disney doesn’t legally own it yet. Given the current regulatory environment in the United States, this could still be a move that could jeopardize the Disney/Fox deal.

Comcast, which owns NBC Universal, is also a leading broadband provider, and given that almost every major studio is attempting to move all its content to the digital space, it makes sense for Comcast to try and create a library of titles for its own platform as they are also interested in Fox’s international assets, with the belief that the domestic market will not be able to sustain their business interests.

If Comcast does make a bid on Fox, and the Fox board chooses to vote against Rupert Murdoch to accept it, here’s hoping Disney still believes in the merger and ups their bid, as it would be a devastating blow to fans if their dreams of mega-shared Marvel Cinematic Universe is quashed.

Source: CNBC