CNBC first broke the news that 21st Century Fox had held talks with Disney about selling off major portions of their company. Disney would not buy all of Fox -- it would leave its sports programming alone, so as not to create a sports monopoly with ESPN, which they already own. It would also not purchase Fox News or the company's local broadcasting affiliates. It would mean, however, that Disney would own another movie studio -- and on the TV side have tons of content for a streaming service.
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At winter press tour, lots of Disney/Fox questions, but few answers TV critics and reporters are gathered in Pasadena for several days of presentations from cable and broadcast networks. Everyone wants to know what the Fox broadcast network will look like following its purchase by Disney, but at the moment, execs don't have the answers.
What Disney's acquisition of most of Fox means for TV The $52.4 billion deal was announced last week and has huge implications in the film world, but also in television as well. The move is largely seen as a way for Disney to get more content directly to consumers, and part of that means bulking up a forthcoming streaming service.