Disney, Fox Close to $60 Billion Merger Deal (Report)

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Disney and 21st Century Fox closing in on $60 billion deal: Sources from CNBC.

Disney and 21st Century Fox are close to a $60 billion merger deal, according to David Faber. That dollar sum is an approximate enterprise value of the assets involved in the potential agreement, per the CNBC reporter.

If this goes through, Disney would get Fox’s studio, its cable networks like FX and Nat Geo, the company’s regional sports networks, India’s Star, Fox’s Sky and Hulu holdings, as well as Endemol Shine Group, among other pieces. The Mouse House would not get Fox’s broadcast network, Fox Sports or Fox News.

Watch Faber discuss his news via the video above. He says the deal could be announced as early as next week.

Faber says Fox is still in talks with Comcast, but the conversation with Disney has gone “far deeper and further.”

Disney and Fox did not immediately respond to TheWrap‘s request for comment on the latest news from their ongoing discussions.