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Report: 21st Century Fox consider making play for Paramount stake

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Report: 21st Century Fox consider making play for Paramount stake

21st CenturyFox Inc. is considering making a play for a minority in 's Paramount Pictures unit,the New York Post reported March 29,citing sources familiar with the details.

21st Century Fox could pursue a deal to invest in the studio— estimated to be worth $5 billion to $6 billion — if it could providesynergies to the movie studio, sources said.

The two companies, however, have yet to engage in talks.Viacom has reportedly hired the services of PJT Partners to find a potentialbuyer for the Paramount stake.