Disney close to snaring $60bn Fox in mass media consolidation

Disney is poised to swoop on the assets of Rupert Murdoch’s 21st Century Fox in a landmark $60bn takeover which is set to usher in a new wave of consolidation in the mass media market.
Included in its haul would be Fox assets such as Sky and satellite broadcaster Star, handing Disney a readymade market spanning the UK, Europe and Asia.
Disney is the last suitor left standing following the withdrawal of Comcast on Monday, sparking fevered talks between both parties as they scramble to dot t