Justice Department Approves Disney’s Merger With Fox as Comcast Mulls Next Move

Disney will divest Fox’s 22 regional sports networks

One week ago, Disney upped its Fox bid to $71.3 billion in a cash-and-stock deal, well ahead of Comcast’s $65 billion offer. Getty Images, 21st Century Fox, The Walt Disney Company

The Walt Disney Company just received its biggest boost yet in its quest to beat out Comcast for the right to purchase 21st Century Fox: the Justice Department has conditionally approved Disney’s deal for Fox.

@jasonlynch jason.lynch@adweek.com Jason Lynch is TV Editor at Adweek, overseeing trends, technology, personalities and programming across broadcast, cable and streaming video.