Media: Will the"Mouse" swallow "Fox" ?

-WSJ

Walt Disney held talks in recent weeks to purchase a large chunk of 21st Century Fox’sentertainment businesses, signaling that Disney is serious about bolstering its laggard TV operations and that media mogul Rupert Murdoch is open to a surprising restructuring of his empire. Disney approached Fox about buying its cable TV networks such as FX and National Geographic Channel, the Twentieth Century Fox studio and international-distribution operations, which would have left 21st Century Fox focused on sports, news and broadcast TV. The talks reached an impasse over price and have cooled substantially, though they could be restarted. A deal with Disney would throw into question Mr. Murdoch’s succession plans for his two sons: James, chief executive of 21st Century Fox, and Lachlan, executive co-chairman at Fox.