Disney could be prepared to give up its plan to acquire Sky in order to push through its acquisition of 21st Century Fox’s assets.
According to the Hollywood Reporter, which quotes an unnamed source, Disney would be willing to let Comcast buy Sky in order to stop it “messing up” the deal.
It says Sky is coveted by Disney boss Bob Iger, but not at the expense of the whole deal.
If Comcast were to acquire Sky, Disney would assume about $12 billion less in debt when it takes over Fox in the partial merger.
Meanwhile, in a call with investors Iger spoke about the proposed Disney/Fox deal: “We are still deep in the regulatory process so I can’t share any more information or engage in further speculation about the deal,” he said, “except to say that we strongly believe in the value of those assets.”