Interestingly enough, the deal is expected to be finalized as soon as next week.
Disney purchasing Fox's many assets could be as expensive as over $60 billion according to a new report that surfaced earlier today. His father and brother will remain at Fox to focus on news and sports assets.
But it seems likely that-in the event of a deal-Murdoch would get a senior executive role at Disney no matter what.
The news has us salivating at the possibilities of an X-men/Avengers crossover and having mutants in the Marvel tv shows would be pretty damn cool. What this means for films like Deadpool 2, New Mutants, X-Men: Dark Phoenix and the Doctor Doom standalone film, all of which are in development or in production, is unclear.
"There's nothing to add to that other than the nothing we've said so far", 21st Century Fox CEO James Murdoch said at Tuesday morning's UBS Global Media and Communications Conference. There is also the fact that if the studios do merge, it would limit the field of studios that directors and filmmakers make their pitches to.
Close BJP-Cong fight likely in 1st phase of Gujarat polls
The emergence of caste leaders on Gujarat's political firmament may somewhat dent the the Hindu support base of the saffron party. On the other hand, the Congress , who is said to be giving the BJP sleepless nights, was expected to win 63-73 to seats.