Disney reportedly has been in talks to buy most of 21st Century Fox, including its movie studio and networks like FX and National Geographic. Sean Aune, editor-in-chief of Techno Buffalo, joined Cheddar to explain what each company would get out of the deal. Aune says Disney is interested in Fox's TV production to leverage its new streaming platform, due out next year. Disney will not gain control over Fox network or its affiliates, nor would it touch sports. And while Aune considers that running on news and sports is a risky deal, Fox can take on the challenge. In addition, a potential deal can give Disney control over Fox's Marvel properties, including rights to Star Wars, which would be huge win for the company. So if this deal does go through, what would it mean for streaming services like Netflix? Aune believes that by the time the Disney streaming service is available, Netflix will be mostly original content, a sector the company has been heavily investing in.

Share:
More In Business
The Day Ahead: Earnings, Key Economic Data, National Wine Day
Cheddar News checks in to see what to look out for on The Day Ahead as earnings continue with reports from Gap, Best Buy, Costco Wholesale and Ulta Beauty while key economic data is also due to be released. It's also National Wine Day on Thursday.
Iconic Movie Props Up for Auction
Over 1,400 props from classic movies like Star Wars, Shawshank Redemption and Gladiator will be up for auction next month in what experts say will be one of the largest memorabilia auctions in the world.
EU, Google to Develop Voluntary A.I. Pact
The European Union and Google are looking to develop a voluntary artificial intelligence pact with European and non-European companies ahead of rules to govern the technology.
FTC Investigating Baby Formula Makers
The Federal Trade Commission is investigating whether baby formula makers colluded in bidding on state contracts, according to documents posted on the agency's website.
Load More