As per a new report, Disney’s much-anticipated takeover of 20th Century Fox is still a possibility. The rumors have been going on for years now about Disney/Marvel striking some deal with 20th Century Fox to let them introduce X-Men and Fantastic Four into the MCU. The Spider-Man: Homecoming was extremely successful, and it proved that such a thing was a possibility. However, Fox succeeded with Deadpool and Logan, and it made people wonder what would Fox get out of such a partnership. Things took a whole new turn earlier this week when we came to know that Disney has been contemplating a purchase of Fox.
It is true that as soon as the news came out, we also heard that the deal didn’t materialize. However, that didn’t deter fans and the industry from speculating. Deadpool maker Rob Liefeld wishes that the deal doesn’t happen. However, other fans see it as a chance to get all Marvel Universe characters under one roof. The fresh news indicated that the deal is not yet off the table.
CNBC had revealed the original story, and they are still claiming that the deal between Disney and 20th Century Fox is possible. Although, they say that source reveal about talks not happening currently, but, they also claim that “it does appear at the very least that they have not abandoned the idea of that combination.”
Deal or no deal, the news has brought in a windfall for both the companies. Their stocks have been going up after the news broke and as of now Disney has gained 7% whereas Fox has seen a massive jump of 18% in last few days.
The proposed deal doesn’t include Fox’s broadcast, news or sports divisions and would let them focus on those areas. While Disney would get the movie and TV rights that will allow them to own X-Men, The Simpsons, Avatar and a lot of other content. The deal would also put Disney in a better position against Netflix, and that might be the reason behind the discussions. However, this is not the first time we hear of such a possibility, though.
Sometime back, we had heard about Disney aiming to buy Sony’s sinking entertainment division. The deal was for Spider-Man, and it was the company’s email hack that unleashed the talks during falling revenues. Those discussions have ended, and Sony is once again looking up after Spider-Man: Homecoming did well. Ultimately, 20th Century Fox’s hit ventures might not be sufficient for them to hold onto them. Fans are concerned, but, Disney would surely benefit from the deal.
Jan 21, 2018 0