I guess if you can’t beat them you join them or in Disney’s case, try to buy them. Turns out that Walt Disney Co. has been holding meetings to buy 21st Century Fox. The deal is currently dead but there’s hope it’ll be resurrected down the line.
According to CNBC, 21st Century Fox has been talking to Walt Disney Co. to sell most of its entertainment section as the studio moves towards becoming a company that’s more focused on sports and news. These talks have been happening for a few weeks now. However, currently, the deal is said to be dead.
I took my time before I decided to write about this. I’ve been having fun reading various fan reactions. Of course, everyone is wondering what’ll happen to the X-Men and Fantastic Four movie rights if Disney indeed buys 21st Century Fox.
Will Disney reboot the X-Men film series and introduce mutants in the MCU? Will there be no more R-rated superhero films? Can the world appreciate a PG-13 Deadpool film?
If this is true, I wonder how the fudge it would affect Deadpool? https://t.co/66RNUDU80S
— Ryan Reynolds (@VancityReynolds) November 6, 2017
As far as I’m concerned, I’m willing to not get more R-rated X-Men films in return for the funding and exposure Disney will bring to the franchise. With Black Panther nearing release, Dinsey might end up giving us a Storm solo-film considering how iconic she is as an African-American superhero. We will finally get a new X-Men animated series and a whole lot of merchandise and even new comic books! Also, the Fantastic Four will be able to get a live-action adaptation they deserve.
I guess Disney can experiment with R-rated superhero content through Netflix or its own streaming service. Furthermore, Disney’s ownership of 21st Century Fox will also give Disney access to family-friendly franchises such as Home Alone, Night at the Museum, etc. It’ll also enable Disney to consolidate Star Wars, Avatar, and a few others. Check out the video by Beyond the Trailer’s Grace to know more.
Coming to the more business side of things, Fox willing to sell a part of it to Dinsey also indicates the changes occurring in media. It seems Fox realizes it doesn’t have the resources to continue competing with others, especially with the debut of famous streaming services. According to reports, Fox wants to tighten its focus on its more successful news and sports divisions.
Let’s see if Disney will be able to buy 21st Century Fox in the near future. Also, the family-friendly company is currently facing some trouble after blacklisting the LA Times due to “biased” reporting. This move has been well-received by other media outlets who, in simpler terms, are calling out Disney for being a bully and preventing free speech.
I guess when you have as much money as Disney, you can do whatever you want.
Feel free to share your thoughts with us.
Farid has a Double Masters in Psychology and Biotechnology as well as an M.Phil in Molecular Genetics. He is the author of numerous books including Missing in Somerville, and The Game Master of Somerville. He gives us insight into comics, books, TV shows, anime/manga, video games, and movies.
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