Disney and 21st Century Fox Deal is Coming Within Days

James Murdoch said likely to be offered position at Disney.

Now that Comcast Corp. is no longer in the running, Walt Disney Co. may announce a deal as soon as this week to obtain a large piece of 21st Century Fox Inc. Disney would gain Fox’s movie and TV stuido, networks including FX and National Geographic, and international assets, such as Star India’s TV channels and a 39 percent stake in European satellite provider Sky Plc. Rupert Murdoch and his family would end up with a small stake in Disney through the transaction thanks to a trust in their name. Disney would also get Fox’s stake in the streaming service Hulu. But 21st Century would keep Fox News, the Fox broadcast network and Fox Sports 1, and will remain independent initially. The deal has not yet been finalized.

The InsideHook Newsletter.

News, advice and insights for the most interesting person in the room.