Reports: News Corp. In Talks to Sell Sports Network Fuel TV To Viacom SportsBusiness Journal, THR

News Corp. is in talks to sell its action sports network Fuel TV to Viacom.

The story was first reported by the SportsBusiness Journal.

However, a follow-up report by The Hollywood Reporter says News Corp. and Viacom aren’t close to completing a deal, as the SportsBusiness Journal article suggested.

THR says that according to its sources, the two sides haven’t yet progressed to settling on a price. The companies declined to comment to THR.

--Elizabeth Jensen