Shares of 21st Century Fox (FOX) jumped 10% after two news outlets reported Fox has been in talks to sell a sizable part of the company to Walt Disney. Disney (DIS) shares rose 2% on the reports.
According to the reports, Fox would give up its movie studio, 20th Century Fox, and TV production assets including the National Geographic and FX cable channels. It would not sell its news or sports properties, including Fox News and Fox Business Network, to Disney, nor would it give up its local broadcast affiliates.
This means Fantastic Four and the Xmen would go to the Marvel Cinematic Movie and TV Universe.
Fear of Netflix and Amazon could be the big motivator for Disney if it does move forward with a splashy acquisition like buying most of Fox’s assets.
Blah blah ..business… Simpsons TV, Family Guy, X-files for Disney streaming service.
Finally we could see the Fantastic Four handled properly in movies.
We could adaptations of the Hickmen run in movies.
We could see a proper Doctor Doom versus Iron Man.
Dr Doom teamup with Dr Strange.
Dr Doom versus Black Panther.
Fox has about a $50 billion valuation and Disney has about $150 billion. This deal would be about $40 billion.
Disney would get the material for another 30 years of solid movies which would be worth $2-5 billion per year.
Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.