Comcast talking to Fox about a deal, source says

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The Twentieth Century Fox movie studio reportedly is in play, with no mention of the Blue Sky Studios animation shop based in Greenwich that is readying to release "Ferdinand" in mid-December, its animated feature film treatment of the classic children's storybook.

The conversations are at a very early stage, and there's no guarantee that a deal would be finalized, this person said Thursday.

CNBC notes (warning: annoying autoplay video) that Comcast has approached 21st Century Fox about potentially buying some of the company's assets.

Comcast is most interested in Fox's stake in satellite TV broadcaster Sky and Star India, say some reports.

Activists in Britain have staged protests against the Murdoch-controlled 21st Century Fox bid for full control of pan European satellite TV giant Sky

"Either Disney or Comcast would be a good fit, but its always about price and neither has to be a strategic buyer, only opportunistic", said JBL Advisors analyst Jeffrey Logsdon.

The suitors are Comcast, America's largest cable company, Verizon, its biggest mobile network operator, and Sony, a big player in the American television, film and music businesses.

Fox's other assets include Fox television network, Fox News Channel and Fox Entertainment Group, which owns the popular movies studio 20th Century Fox.

The company may have realized it has a "better edge" in sports and news, he said, and that the investment needed to build out a streaming service, like Disney is doing, may be too much for Fox.

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It is unclear whether Fox's broadcast assets are part of any of the conversations.

Murdoch and Fox have been seeking to gain control of Sky, already holding a 39 percent stake, amid a lengthy investigation by United Kingdom regulators. A person close to the matter, who wouldn't speak publicly, said Verizon is not in active discussions with Fox, but that Verizon might be interested in some parts of Fox's business.

News of the approaches came the same day the U.S. Federal Communications Commission voted to end a 42-year-old restriction on ownership of multiple TV stations in a major market, removing a major roadblock to media company mergers.

Comcast owns NBCUniversal, and regulatory conditions placed on that deal expire in 2018.

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