Comcast and Verizon have both expressed interested in acquiring 21st Century Fox’s assets, two people familiar with the situation told Reuters. Earlier this month, Disney has also reportedly been in talks with the media company.
The companies have expressed interest in Fox’s movie and TV production studios, cable networks FX and National Geographic, and international assets such as the Star network in India and the European pay TV provider Sky.
Comcast is the largest Cable TV operator in the United States. The company owns NBCUniversal, which acquired in 2011. Buying the Fox assets would give Comcast an international distribution footprint through ownership of Sky and Star in India, the Reuters report said.
In turn, Verizon is U.S. largest wireless phone carrier. A deal could give the company ownership of movies and TV shows to stream to its mobile subscribers. – Nextv News