That elusive Fox-Disney deal that everyone has been talking about in the past few weeks made some huge strides this past couple of days when 2 big reports dropped regarding its status. One dropped last weekend, stating that the House of Mouse has re-entered talks to purchase several of the companies media assets after reports surfaced that the deal was off. Another dropped last night, stating that Fox has the hots for Disney more than any of the other companies interested in purchasing them, given how they’re a more “strategic fit” and how they present “less regulatory hurdles”. And just now, CNBC dropped a bombshell to top it all off: Disney and Fox are actually closing in on a deal and an announcement may be made next week.

Walt Disney Co. and 21st Century Fox are closing in on a deal and it could come as soon as next week, according to sources familiar with the matter.

So holy shit. This might actually happen after all. We didn’t think this would be possible in a billion years but here we are, closing in on what could be the biggest entertainment corporation deal in history. The trajectory of this whole Fox-Disney fiasco is a classic Hollywood play: Disney enters lukewarm talks with Fox but it goes nowhere. Fox makes the deal public by letting everyone know what was happening. A bunch of other companies quickly fall in line to negotiate. Suddenly, Disney realizes how important the deal is. Now we’re here. 2017 is going to end on a Fantastic note.

Source: CNBC