Report: 21st Century Fox in talks to sell most assets to Disney

Why it matters: According to CNBC, Fox has been reevaluating its size and scale in the current media landscape, which has changed dramatically in the last few years with tech giants like Facebook, Google, and Netflix dominating a massive portion of digital video content and its distribution. Fox reportedly recognizes that competing in that space requires a scale that that Disney has, but Fox doesn’t.

According to CNBC, Fox has been reevaluating its size and scale in the current media landscape.

Source: Report: 21st Century Fox in talks to sell most assets to Disney

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