21st Century Fox is up for grabs, and it has a pair of high-powered suitors: Disney and Comcast.
Fox isn’t going to be absorbed into either company entirely: its news and sports networks will be folded into a new company called New Fox, while its larger entertainment portfolio of films and television — and critically, its share of Hulu — would end up at one of the two companies.
The saga started in November 2017, but Fox’s fate is far from certain: there’s been a real back-and-forth as both Disney and Comcast vie to outbid each other.
Read more about the implications of the acquisition here.