Walt Disney Co. headquarters in Burbank.

Walt Disney Co. headquarters in Burbank.

Walt Disney Co. has held discussions in recent weeks to acquire most of the assets of 21st Century Fox, according to a CNBC report.

The talks have reportedly taken place in recent weeks, though the two sides are not currently talking. The talks, according to the report, result from a belief among senior management at Fox that the company must focus on sports and news coverage in order to compete in an entertainment marketplace with consumers increasingly consuming media digitally.