CNBC.com:

Disney and Twenty-First Century Fox are closing in on a deal, and it could come as soon as next week, according to sources familiar with the matter.

CNBC has been reporting that Disney has held talks with the Rupert Murdoch-controlled media company to acquire its studio and television production assets, leaving Fox with its news and sports assets. Fox is also talking with CNBC parent company Comcast, but the talks with Disney have progressed more significantly.

The deal contemplates the sale of Fox’s Nat Geo, Star, regional sports networks, movie studios and stakes in Sky and Hulu, among other properties. What would remain at Fox includes its news and business news divisions, broadcast network and Fox sports.

This could be absolutely insane.

Fans have been frothing at this idea for some time - mostly over the idea that the Marvel Universe could be mostly made whole again, with additions of X-Men and Fantastic Four to the Marvel Cinematic Universe, and perhaps the return of the Fantastic Family to Marvel Comics proper, but there are some bigger ideas at stake.

From my conversations with friends today:

• Does this make it easier to release the original Star Wars trilogy?
• Alien or Predator themed rides at Disneyland?
• Does Disney just make Hulu their streaming service, as 60% owner?
• Can Muppet Babies get a proper DVD release?
• How often will this be referenced in Deadpool 2?
• How weird will it be that Disney owns both The Simpsons and Family Guy?

What say you, Internet?