21st Century Fox could sell most of company to Disney: report

21st Century Fox could sell most of company to Disney: report
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21st Century Fox has been engaged in internal discussions over the possibility of selling most of the company to Disney, CNBC reported on Monday.

The move is seen as an opportunity for 21st Century Fox to focus on its news and sports operations, while jettisoning its movie studios and television programming.

The two companies are not currently discussing a deal, according to CNBC.

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The move would give Disney control over two of the five highest-grossing film studios in the country.

The entertainment giant would also add television networks like FX and National Geographic, according to the report, while Fox would keep its namesake sports and news networks.