The $66 billion Disney and 21st Century Fox deal is extremely beneficial for Marvel. However, it is surprising to find out what Star Wars gains from this deal.
Disney has already made some films after they bought Lucasfilm in 2012 for 4 billion dollars. While they nearly got everything that Star Wars had to offer, it didn’t include the original theatrical versions of the first Star Wars movies, which were owned by 20th Century Fox. Disney had the ownership of the digitally remastered versions, but, not the original editions.
Now that this deal is official, those rights will also be owned by Disney which will allow them to have absolute ownership of all Star Wars properties. It can’t be disputed that Disney would be aware of that and it will go on to re-release those movies sometime in future.
Apart from that, if you wish to check what else was a part of the mega-deal, you can have a look at the image above. The official announcement had the Walt Disney chairman and CEO Robert A. Iger state his elation at the opportunities provided by this deal.
“The acquisition of this stellar collection of businesses from 21st Century Fox reflects the increasing consumer demand for a rich diversity of entertainment experiences that are more compelling, accessible and convenient than ever before,” Iger said. “We’re honored and grateful that Rupert Murdoch has entrusted us with the future of businesses he spent a lifetime building, and we’re excited about this extraordinary opportunity to significantly increase our portfolio of well-loved franchises and branded content to enhance our growing direct-to-consumer offerings greatly. The deal will also substantially expand our international reach, allowing us to offer world-class storytelling and innovative distribution platforms to more consumers in key markets around the world.”
Star Wars: The Last Jedi released in theaters today.