21st Century Fox

21st Century Fox is an American media conglomerate based in New York City. It is currently the third-largest media conglomerate in the United States, after The Walt Disney Company and Comcast. 21st Century Fox was established in 2013 as a successor to News Corporation.

On December 14, 2017, The Walt Disney Company announced its intentions to acquire 21st Century Fox and most of that company's entertainment assets and intellectual properties. The deal is pending approval from the United States Department of Justice Antitrust Division.

Merger with The Walt Disney Company
In November 2017, 21st Century Fox reportedly offered its filmed entertainment assets up for sale, with Comcast, Verizon, Sony, and The Walt Disney Company engaged in a bidding war. By December, only Comcast and Disney remained in talks with Fox, with Comcast dropping their bid on December 11. On December 14, The Walt Disney Company and 21st Century Fox jointly announced that the latter company would be acquired by the former in a $54.2 billion deal. If approved, included in the deal are divisions such as 20th Century Fox and FX Networks, intellectual properties such as The Simpsons, distribution rights to the Star Wars original and prequel trilogies, and film rights to Marvel Comics characters such as the X-Men and Fantastic Four. The deal does not include Fox Broadcasting Company or Fox News Channel, which will be spun off into a new company.