Could James Murdoch step into Iger's shoes at Disney?

Credit John Romita Jr

Of course, the size of those companies, despite their valuable intellectual properties, is nothing compared to the size of a corporation like 21st Century Fox.

The Murdoch family, which controls Fox, prefers a deal with Disney because it would rather be paid in Disney than Comcast stock, and expects a potential deal with Disney to be cleared by U.S. antitrust regulators more easily, one of the sources said.

Enterprise value for Fox assets seen more than $60 billion: Sources from CNBC. But, with Disney possibly purchasing Fox as soon as next week, team-ups that we've come to take for granted in the comic book realm may soon be made reality.

Sources confirmed this week the companies were close to finalizing terms of the deal.

While the long-rumored deal has moviegoers salivating about the thought of an Avengers/X-Men crossover movie, the transaction would have local ramifications as well. They also own the publishing giant News Corporation, parent of The Times, the Sun, The Wall Street Journal and HarperCollins.

Murdoch, the scion of Fox chairman Rupert Murdoch, could end up being the successor to current Disney CEO Bob Iger when Iger retires in 2019, according to a Wednesday report in the Financial Times.

21st Century Fox has risen 32.2% over the last month as various reports about a potential sale have circulated.

Fox shares were up 0.57 per cent in late afternoon trading, while Disney was down 2.45 per cent. Comcast shares were down 1.56 per cent.

Cahall was sure to hedge his valuations of the company by saying the deal still has to be announced, then approved by regulators.

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