Comcast in hunt for considerable stake in 21st Century Fox

Telecom conglomerate Comcast has approached Fox, expressing substantial interest in the media company and select properties.

Comcast looks to expand its conglomerate and content offerings in talks with 21st Century Fox

Comcast's interest follows news that Walt Disney looked into acquiring rights to various channels. 21st Century Fox had also been on the radar of both Verizon and Sony Corporation.

According to the Wall Street Journal, the assets considered up for grabs are: 21st Century Fox's movie studio, some US cable networks, and various international networks. The acquisition of Fox News, as well as its sports channels, has not been discussed.

These discussions take place as AT&T and Time Warner's potential merger remains under government review by the Department of Justice. Large deals by Charter Communications, Comcast, and AT&T have shaken up the media landscape, creating a smaller, competition-limiting playing field that the FCC has further paved way for.

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