Disney may buy most of Fox? Hoo boy!

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Walt Disney Co. has had talks to buy most of 21st Century Fox, including the 20th Century Fox movie studio, CNBC reported, citing people it didn’t identify.

Here’s an excerpt:

21st Century Fox has been holding talks to sell most of the company to Walt Disney Co., leaving behind a media company tightly focused on news and sports, according to people familiar with the situation.

The talks have taken place over the last few weeks and there is no certainty they will lead to a deal. The two sides are not currently talking at this very moment, but given the on again, off again nature of the talks, they could be revisited.

According to the CNBC story, 21st Century Fox leader Rupert Murdoch would hold onto news and sports networks and sell off entertainment businesses.

While the situation is in flux, here are some potential effects:

–20th Century Fox currently has the contract to handle home video releases of James Bond movies.

–20th Century Fox has been among the studios sniffing around for a deal to distribute Bond 25.

–The Fox movie studio controls the rights to some Marvel characters, including the X-Men. Disney owns Marvel but Fox’s control of such key characters is a notable gap for Disney/Marvel.

Questions:

—Would a Fox acquisition by Disney affect not only the Bond 25 distribution issue, but also home video? And, if a deal took place, would Disney get into the Bond 25 distribution hunt?

—Would a Disney acquisition of most of Fox finally bring Disney full control of all (or almost all) Marvel characters in the movies?

Stayed tuned, as the saying goes.