Disney has held talks to buy out most of 21st Century Fox, according to US media reports.
CNBC reports the deal would not include Fox's sports programming assets (Disney already owns ESPN), Fox News, Fox's broadcast network or local broadcasting affiliates.
But what is up for grabs are some of the biggest film properties (like X-Men) and cable TV shows (The Americans and Fargo) owned by Fox.
And while the talks are reportedly stalled at the moment, the deal would bring a whopping number of entertainment properties under the roof of the House of Mouse if it goes ahead.
Neither a Fox nor a Disney spokesperson commented publicly on the deal, but let's take a look at how it could shake out.
Here's what the deal is said to include
Fox is interested in offloading its movie and TV production studios.
It also reportedly wants to sell cable networks FX and National Geographic, as well as its international assets like Star and B Sky B.
The deal reflects the view among Fox executives that it couldn't compete with Amazon and Netflix, according to CNBC.
Fox's shares jumped 7.1 per cent to $26.76 in afternoon trading in response.
Disney shares climbed 1.7 per cent to $100.33.
The world's biggest movies could get bigger
There's almost zero chance you've missed out on some kind of exposure to the Marvel Cinematic Universe (MCU).
It's raked in more than $12 billion worldwide as of July 2017 and this week became the first film franchise to make $5 billion in the US.
But before the rivers of gold began flowing for Marvel, the company was selling its intellectual property far and wide to make ends meet.
That meant that some of the company's biggest superheros couldn't appear side-by-side on screen.
Fox owns the rights to the X-Men and the Fantastic Four and it's had mixed success with both.
But should the Disney buyout go ahead, Marvel (which is owned by Disney) would gain back the rights to two of its biggest properties from the comic books.
Understandably, the prospect of Iron Man and Captain America teaming up with Wolverine in the MCU has fans excited.
It's not just superheroes Disney is after with the deal
Netflix might be king when it comes to streaming services, but Disney announced it was after the crown when it showed off plans to launch its own streaming service in 2019 early this year.
That means all of Disney's animated movies (new films like Frozen and Moana as well as classics like The Lion King), all of Pixar's movies, all of Marvel's movies and all the Star Wars movies will slowly begin to disappear from Netflix.
If Disney is able to buy out 21st Century Fox, it'll gain access to programs broadcast on FX.
We're talking It's Always Sunny in Philadelphia, Sons of Anarchy, Archer, American Horror Story, The Americans and Fargo.
With a solid library of cable hits to back up its beefy film catalogue, Disney could have the pieces to launch a serious challenge to Netflix.
Oh … and Star Wars can finally start the right way again
The new movies are great and all, but they were lacking a key part of the experience from the originals — specifically the 21st Century Fox fanfare.