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Netflix is sliding following report Disney has been in talks to acquire parts of 21st Century Fox (DIS, NFLX, FOXA)

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Jerrod Fenton
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Disney has reportedly been in talks to acquire parts of 21st Century Fox.

Netflix shares are slipping after the news.

Disney is set to pull its content from Netflix to start its own streaming service in 2019.

Shares of Netflix are sliding, down 0.67% at $198.67, after a CNBC's David Faber reported that Disney has been in talks to acquire certain entertainment parts of 21st Century Fox.

The potential deal would not include Fox's broadcast network, as Disney wouldn't be able to own two broadcast networks, the report says.

The talks have been about the studio divisions of Fox's business, along with National Geographic, FX Networks and the UK's BSkyB.

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Jerrod Fenton
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