As of Thursday morning, the Walt Disney Co. is set to own a large part of the Murdoch family's 21st Century Fox in a $52.4 billion deal. With this merger, the number of major studios in Hollywood will go from six to five, and the combined Disney and Fox assets would have a 39% theatrical market share, according to Variety.
The deal, which some have said will raise red flags among antitrust officials, is still awaiting regulatory approval, which could take anywhere from 12 to 18 months, according to Variety.
This deal is sort of the opposite of the Paramount Case of 1948, when RKO Pictures shuttered, divorcing movie theaters from the ownership of the studios that created the films those theaters were screening.
A merger is a wish your boardroom makes, and all that.
(In other news, the FCC is expected to repeal net neutrality Thursday, so...more great news for big corporations.)
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Most of the chatter around this deal has centered around two things: one is that Disney is becoming a monopoly. Disney already owns Pixar, Marvel and The Studio Formerly Known As Lucasfilm. Disney’s acquiring of Fox isn’t just another merger deal — it’s one of the biggest deals to go down in Hollywood history.
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The other talking point is that, well, hey, now that Disney owns Fox properties, that means that a majority of the Marvel properties are now in Disney’s hands.
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This means — as many have pointed out on Twitter — that the X-Men can now theoretically be in "Avengers: Infinity War" and other Marvel films. Ditto Deadpool and the Fantastic Four.
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But there’s some other properties that Disney has now acquired that don’t really fit the House of Mouse’s squeaky clean image. Read on to see some of what might be coming to a theater near you under a new Disney banner.
The Simpsons - 1998 pic.twitter.com/Aft6d7rFpg— Rhett Bartlett (@dialmformovies) December 14, 2017]]