Despite indication that Disney's potential acquisition of 21st Century Fox's movie assets was thought to be dead, a new report notes that "pencils aren't down," meaning, the deal could still very well happen.

According to CNBC, Disney and Fox "haven't given up" on the idea to house their film divisions under one corporation at Disney. This should undoubtedly please fans hoping for the Fantastic Four and X-Men's film rights under the same roof as characters in the Marvel Cinematic Universe.

The deal between Disney and Sony to have Spider-Man be a part of the MCU went through a similar news cycle, with reports of the rights being handed over, before other reports speculated the deal was dead. Of course, it eventually happened, and we got Spider-Man's appearance in Captain America: Civil War, and subsequently Spider-Man: Homecoming, which featured appearances from the MCU's Iron Man and Captain America.

RELATED: REPORT: Disney In Talks To Acquire 21st Century Fox

After a deal was made between Sony and Marvel Studios to share Spider-Man, fans hoped Marvel and Fox could work out a similar deal to allow for the X-Men and Fantastic Four to join the Avengers on the big screen. Marvel Studios head Kevin Feige has repeatedly reaffirmed that while fans should never say never, the chances of it happening seemed -- and continue to be -- slim. Or, are they?

Notably, Disney's acquisition of 21st Century Fox's assets doesn't include the FOX broadcast network, as a company cannot legally own two broadcast networks, and Disney already owns ABC.

Marvel Studios recently celebrated $5 billion at the domestic office after Thor: Ragnarok earned an astounding $121 million from its opening weekend stateside. Up next for the entertainment giant is Black Panther.