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Disney approached 21st Century Fox on potential deal: Sources


Bob Iger, chief executive officer of Walt Disney Co.

Qilai Shen | Bloomberg | Getty Images

Bob Iger, chief executive officer of Walt Disney Co.

The media landscape has changed considerably in recent years as audiences shift to content on Facebook, Alphabet’s Google, Amazon and Netflix. Competing effectively requires scale, something Disney has, but 21st Century Fox does not. A deal could include Fox’s movie studios and television production outlets, leaving behind a news and sports-focused business.

Disney would be making the move as it establishes a direct-to-consumer entertainment streaming offering.

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