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The Disney and Fox deal isn’t dead yet, apparently

Earlier in the week, everyone got insanely excited about the prospect of The Walt Disney Company buying 20th Century Fox, thereby possibly bringing the X-Men and Fantastic Four franchises into the Marvel Cinematic Universe.

Then that excitement got deflated when it was reported that the talks between the two companies has halted, but don’t abandon hope just yet.

CNBC‘s David Faber has said that “pencils aren’t down” on the deal, and although they’ve not been talking since the news broke, “it does appear at the very least that they have not abandoned the idea of that combination.”

The site also reports that shares have risen seven percent for Disney and 18 percent for Fox at least in the week since the revelation.

If the deal goes ahead, it would see Disney acquire all of Fox’s entertainment properties, leaving the latter company to focus on their news and sports.

Fans are obviously excited at the prospects of more superhero team ups, but the buyout could also mean shows like The Simpsons, Family Guy and Futurama would join Marvel and Star Wars on Disney’s streaming service.

The House of Mouse could also gain control of Fox’s stake in Sky TV. Basically, the whole thing is huge.

Related: Here’s why Star Wars without the Skywalkers is a massive risk

Disney previously bought Lucasfilm, gaining distribution of the Star Wars movies from Fox, and they purchased Fox Kids (and all their shows like Power Rangers and Digimon) in the 2000s to build their Jetix/Disney XD brand.

It all comes as the studio has announced that it’ll be launching a new streaming service to house all its output, due to arrive in 2019.

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Source: http://www.digitalspy.com/movies/news/a842819/disney-buying-20th-century-fox-deal-isnt-dead-yet/

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