Disney has acquired 21st Century Fox’s film and TV studios

X-Men and Fantastic 4 are now the property of Disney

Disney has acquired 21st Century Fox’s film and TV studios

Disney has acquired 21st Century Fox’s film and TV studios in a deal worth a staggering $52 billion dollars.

The acquisition covers the movie studio 20th Century Fox, the TV production arm 20th Century Fox Television, the Fox-owned cable networks (including National Geographic and FX) as well as the company’s stakes in networks Star TV and Sky.

It was previously reported that Fox was hoping to drop the entertainment divisions of their company to instead focus on the news and sports elements, which are far more profitable. Given this, it is unsurprising that the company is retaining Fox broadcast network, Fox Sports and Fox Business.

The deal will also see Disney acquire Fox’s large catalogue of intellectual property. Fox owned the film rights of X-Men and Fantastic Four, and this purchase will now open the doors to integrating them into the Marvel Cinematic Universe. Disney will also be taking the reins of Avatar, the original Star Wars film, and possibly entertainment juggernauts like The Simpsons and Futurama.

Disney’s acquisition of 21st Century Fox also provides the company with an even larger back-catalogue of content to add to the streaming service the company is looking to launch to take on the likes of Netflix and Amazon Prime. It is already reportedly going to be priced much cheaper than Netflix, and with Disney pulling all their content from Netflix in 2019, it could soon be the case that this service will be the only place to watch the vast array of content.

Disney’s last huge acquisition was of LucasFilm in 2012, which pales in comparison by costing just $4.06bn.

Author

Tom Inniss

Tom Inniss Voice Team

Tom is the Editor of Voice. He is a politics graduate and holds a masters in journalism, with particular interest in youth political engagement and technology. He is also a mentor to our Voice Contributors, and champions our festivals programme, including the reporter team at the Edinburgh Festival Fringe..

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2 Comments

  • Bhavesh Jadva

    On 14 December 2017, 19:21 Bhavesh Jadva Voice Team commented:

    Control yourself, Fox.

  • Joanna Bailey

    On 19 December 2017, 18:44 Joanna Bailey Local Reporter commented:

    What doesn't Disney own nowadays?

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