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Variety

Another Major Media Company Circles 21st Century Fox

Nov 17, 2017  •  Post A Comment

Still another media company appears to be interested in owning a piece of 21st Century Fox, with Variety reporting that Sony Pictures Entertainment has thrown its hat in the ring.

The news follows word that Comcast and Verizon have been making overtures. Fox suddenly became an acquisition target after news broke earlier this month that Disney had held talks with the company about purchasing key assets including the film and TV production studios along with international TV platforms and the FX and Nat Geo cable assets.

As with the other suitors, Sony is thought to be focused on a select set of assets rather than the entire company, according to Variety. Reps for Fox and Sony weren’t commenting.

“The hive of activity around Fox is fueling a new round of M&A speculation for other media assets, including Viacom’s Paramount Pictures and its cable networks,” Variety notes.

3 Comments

  1. Media monopoly here we come!! What could go wrong?

    • Eventually people will stop watching their product? Eventually consumers will realize they’re being fed the same stuff over and over through retreads of the same ideas, and they come to the ultimate realization that originality in the entertainment industry has died.

      One can hope.

  2. One of these companies is going to get Fox News and change the pro Trump orientation of that network.

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