Robert A. Iger

Disney considered buying 21st Century Fox entertainment assets to compete with tech giants

Disney considered buying 21st Century Fox entertainment assets to compete with tech giants

Walt Disney Co. has held talks to buy significant parts of Rupert Murdoch’s 21st Century Fox media company, including its movie and television production studios and a handful of TV channels, according to two people with knowledge of the discussions who were not authorized to speak publicly.

The talks — which were first reported by business news channel CNBC — have stalled, these people said. However, the courtship of two longtime rivals underscores stiff challenges facing traditional media companies as they navigate an increasingly fraught landscape.

Fox shares, which have been swooning for much of the year, jumped nearly 10% Monday following...

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