The acquisition would not include some key Fox assets, including Fox News Channel, Fox Business Network and the Fox Broadcasting Company. CNBC notes that, while Comcast plans to outbid Disney, Fox's owners may ultimately side with the latter, due to an offer for a tax-free spin off of the company. Disney's bid arrived as the company is planning its own streaming services to compete with the likes of Netflix and Hulu — the latter of which all three companies currently own a partial stake in.