Disney and Fox were in negotiations that would have sent all of Fox’s library of TV shows and movies to Disney.

This would have left Fox with the following:
1) News networks
2) Sports networks
3) Local broadcast networks

Disney needs content for its upcoming battle with Netflix.

Something fun! ‘The Simpsons’ Predicted Disney Would Buy 21st Century Fox Back in 1998

More on this topic:
1) Cord-cutting Is Leading Disney, Fox and Others to Take Drastic Measures

2) A Fox and Disney deal makes all kinds of sense

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