Last year, The Walt Disney Company announced that they had reached a deal to buy the 21st Century Fox‘s entertainment assets. Fox was to keep their news and sports properties while Disney acquired their movie and television assets. It was a big move for the studio who already has Pixar, Marvel Studios, and Lucasfilm. It also, of course, finally brought the X-Men and Fantastic Four properties back home to Marvel.
But as that initially appeared to be a done deal, Comcast, the company who owns Universal Pictures, made their own interest in making a bid to acquire Fox known. Now Comcast has made an offer to acquire Fox’s entertainment assets for $65 billion, which is significantly higher than Disney’s $52 billion deal. More on the story below.
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