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Photo: Jason Reed, Pool / AP

"Talks with Disney over sale of key TV and movie assets could signal end of an era for the media moguls," per the Financial Times,

Why it matters: "The Murdochs have started a process that could lead to the dismantling of a company that took decades to assemble."

The juice:

  • "Rupert Murdoch is not used to hoisting the white flag of surrender. Yet his willingness to explore a break-up of 21st Century Fox and discuss the sale of prime film and television assets to Walt Disney suggests that, at the age of 86, the media mogul may have lost his appetite for a fight."
  • "The talks were initiated by Disney and its chief executive, Bob Iger."
  • "[B]y even entertaining the discussions, Mr Murdoch and his sons, Lachlan and James, have effectively put Fox on the block, a target for content-hungry companies such as Verizon, the telecoms group, and the John Malone-backed Charter Communications."
  • "The media landscape is already in a period of profound structural change. ... Still, the prospect of Mr Murdoch and his sons contemplating a sale of Fox's prized movie studio, cable channels and international investments — such as Sky — has stunned investors."

Go deeper

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Health: CDC director defends agency's response to pandemic — CDC warns highly transmissible coronavirus variant could become dominant in U.S. in March.
  2. Politics: Biden readies massive shifts in policy for his first days in office.
  3. Vaccine: Fauci: 100 million doses in 100 days is "absolutely" doable.
  4. Economy: Unemployment filings explode again.
  5. Tech: Kids' screen time sees a big increase.
  6. World: WHO team arrives in China to investigate pandemic origins.
Dave Lawler, author of World
3 hours ago - World

Alexey Navalny detained after landing back in Moscow

Navalny and his wife shortly before he was detained. Photo: Kirill Kudryavtsev/AFP via Getty

Russian opposition leader Alexey Navalny was detained upon his return to Moscow on Sunday, which came five months after he was poisoned with the nerve agent Novichok. He returned despite being warned that he would be arrested.

The latest: Navalny was stopped at a customs checkpoint and led away alone by officers. He appeared to hug his wife goodbye, and his spokesman reports that his lawyer was not allowed to accompany him.

Mike Allen, author of AM
5 hours ago - Politics & Policy

Biden's "overwhelming force" doctrine

President-elect Biden arrives to introduce his science team in Wilmington yesterday. Photo: Kevin Lamarque/Reuters

President-elect Biden has ordered up a shock-and-awe campaign for his first days in office to signal, as dramatically as possible, the radical shift coming to America and global affairs, his advisers tell us. 

The plan, Part 1 ... Biden, as detailed in a "First Ten Days" memo from incoming chief of staff Ron Klain, plans to unleash executive orders, federal powers and speeches to shift to a stark, national plan for "100 million shots" in three months.

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