So much has happened!
Comcast has dropped out of bidding on Fox assets, so it's looking like Disney will be the winner.
I say "looking like" because the government is having second thoughts on the ATT/Time Warner merger. Although it was approved by a judge, the current Administration sees it as a too big a monopoly, and is attempting to override it. That will take some time to adjudicate. The idea of Disney buying Fox assets was seen as a gimme because of the ATT/Time Warner merger approval. But with that potentially in peril.... And this isn't a "Trump thing", because Administrations on both sides are wary of monopolies. It's a pendulum I've seen many times over my 51 years. Companies keep merging until some Administration says "enough!".
Comcast is not completely out of the picture - they have made it clear that they want to buy 60% of Sky News (I mentioned that earlier). It was pretty clear that Comcast didn't have the finds to purchase Fox AND Sky News. This acquisition has a good possibility of happening. Recall my prior comments on it:
Comcast is bidding for 60% of Sky against Fox
Fox already owns 40% of Sky News
Fox is being bought by Disney, so Disney will own 40% of Sky News
Fox cannot just up its bid because it is adding debit to the Disney deal - it is not straightforward
Disney can't bid on Sky News for the same reason Comcast couldn't buy both - way too much money and probably would be a monopoly.
The UK is opposed to Fox buying Sky News
So we could very well end up in situation where Comcast owns 60% of Sky while Disney owns 40%, and Disney owns 100% of Fox.
I have been personally rooting for Comcast, mainly because I do not like Disney's practices, but also because I wonder how Disney ownership will affect IP in Universal parks. It seems to me that Fox has been adamant that they don't want to be bought by Comcast, so the deal seemed to be doomed from the get go. The higher price Disney was forced to offer will put the brakes on Disney growth a bit - which I think was Comcast's plan. Gin up the price, and make Disney pay.
That Disney closes the deal with substantial debit will definitely have an effect for the next few years. Don't think you will be seeing massive Fox-based projects at the Disney parks soon.
That's all my opinion, of course.