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Disney And Foxs Merger Is Officially Complete
Back in November 2017 the first news leaked revealed the Walt Disney Company had been in talks with Fox to purchase the company's film and cable television divisions. It was massive news from both a business and entertainment standpoint. Over the next few weeks, the potential merger seemed to become more and more likely. It was only a month later that the two sides came to agreement. A year after the deal was struck, the respective shareholders of the two companies approved the merger. Now it's official. 21st Century Fox is part of the Walt Disney Company. Nothing will ever be the same again.
Officially, the ownership transition will happen at 12:02 a.m. eastern time on March 20th, but for all intents and purposes, the deal is done, according to a press release from 21st Century Fox.
There's really no understating just how big a deal this is in the entertainment industry. A company that used to be one of the major film studios in the world, one of the "big six," is now a subsidiary of another. Whatever your thoughts on Fox or Disney, there's now less competition among the remaining film studios. That's not necessarily a good thing. If nothing else, it's a major change to the industry landscape that will surely have repercussions, some we may not even be able to predict.
On the content side, there certainly are some potentially good things on the horizon. Fox had the rights to make and distribute films about Marvel's X-Men and Fantastic Four as part of a deal the company had made before being acquired by Disney. This deal will bring the rights back to Disney, setting up the opportunity to see all the characters become part of the popular Marvel Cinematic Universe franchise, which certainly has the potential to add new and interesting stories.
Fox also had a number of rights attached to the original Star Wars movie, which will now also revert to Disney, who acquired Lucasfilm back in 2012.
While the merger may be done expect for the ink drying, it will likely still be some time before we really begin to see it have an impact on the industry. Fox has numerous films in various states of production that will almost certainly continue forward and be released just as they would if 21st Century Fox was still an independent entity.
Of course, it's also possible Disney could hit the ground running. We will likely see some changes to the release calendar, if only to see Fox and Disney films moved around the schedule so that they don't compete with each other too much. There's also the question of the two oft-delayed X-Men franchise films, Dark Phoenix and The New Mutants, it's been suggested that one or both movies could end up being moved to a streaming service like Disney+ or Hulu. If something like that is in the cards, those announcements could come as early as tomorrow.
Tomorrow, everything changes. It's the end of an era, as a company that's been around since 1935 becomes part of the Disney machine.
May 24, 2016 · And what we came up with was our movie franchise power list, or the 25 Most Powerful Franchises in Hollywood. Read: more on why movie stars don't matter and movie franchises do. 1.
No, Dave Bautista Wasn't Going To Quit Guardians 3 To Do The
When Harry Met Sally Meg Ryan, Billy Crystal."It is a proven fact that men and women can never be just friends. When Harry Met Sally - Boy meets girl, Girl drives cross country with boy and part in nyc, years later boy sees girl at airport with new boy, ahhh, you get it. boy and girl finally marry.
15 Facts About When Harry Met Sally | Mental Floss
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The Rock Cast His Own Puppy In Hobbs And Shaw And Yes It's Adorable Home 2019 February 8 The Rock Cast His Own Puppy In Hobbs And Shaw And Yes It's Adorable feel free to call us +646-389-3981 info@mmnofa.com
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With Henry Cavill rumored to be departing the DCEU, Michael B. Jordan is one of the rumored possible replacements. Subscribe To What Michael B. Jordan Could Look Like As DC's Superman Updates close
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Get ready for Aladdin, Booksmart and Brightburn. Just remember, I'm not reviewing these movies, but rather predicting where they'll end up on the Tomatometer . Let's take a look at This Rotten Week has to offer.
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The recently released teaser trailer for new Disney fantasy film The Nutcracker and the Four Realms, initially came over eleven months before the film is set to hit cinemas in November of this year, creating early hype for Disney's newest live action fairytale film.
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That means layoffs. When two companies the size of Disney and 20th Century Fox come together, that's a lot of employees, and that means a lot of potential layoffs. Specifically, 7,500 people are expected to end up unemployed as a result of the merger.
Looks Like The Fox And Disney Merger Will Cause A Ton Of
celebvida.com/looks-like-the-fox-and-disney-merger-will-cause-a-ton-of-layoffs/
THR says that the massive merger between AT&T and Time Warner won't result in nearly as many lost jobs. While there are some undeniably cool things that a Disney/Fox merger may create on the content side of things, it can't be overstated that this merger is changing the media landscape forever.
TV Series News - Looks Like The Fox And Disney Merger Will
The Mission: Impossible series remains one of the most successful and criminally underrated film franchises to date. The latest entry in the series, Mission: Im Christopher McQuarrie will return to direct the next two Mission: Impossible films back to back, with release dates in the summer of 2021 and 2022.
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People with access to the early tracking data, as well as individuals at Sony Pictures, are both pegging F. Gary Gray's Men in Black International to open at $40 million, according to The Hollywood Reporter.
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