21st Century Fox Inc. favors Walt Disney Co. over other parties as a potential buyer of some of its assets, Bloomberg News reported Dec. 4, citing sources familiar with the details.
The assets in question include the 20th Century Fox film and TV studio and Fox's stake in Sky plc.
While Fox is also engaged in talks with cable operator Comcast Corp., the programmer expects Disney to be a better strategic fit and to present fewer regulatory hurdles. If the talks materialize into a transaction, Disney could also become the majority stakeholder in streaming video service Hulu LLC.
Fox is reportedly expected to make a decision about the sale by the end of 2017, the sources said.
