The Walt Disney Company have been in the Fox bid for a while now, and after paying $71.3 billion the merge has finally been completed. This means that Disney will now own Fox, as well as all its sister channels, films, shows, and even characters.
So, yes, this means that X-Men, Deadpool, and the Fantastic Four will all join the Avengers as Disney stars. This might mean an increase in the parks’ superhero presence, and some believe that it means that there may be a crossover between the heroes in new films.
The acquisition of 21st Century Fox’s iconic collection of businesses and franchises will allow Disney to provide more appealing high-quality content and entertainment options to meet growing consumer demand. It allows them to increase its international footprint, and expand its direct-to-consumer offerings, which include ESPN+, the highly-anticipated Disney+ streaming video-on-demand service launching in late 2019, and Disney and 21st Century Fox’s combined ownership stake in Hulu.
“This is an extraordinary and historic moment for us—one that will create significant long-term value for our company and our shareholders,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company.
“Combining Disney’s and 21st Century Fox’s wealth of creative content and proven talent creates the preeminent global entertainment company, well positioned to lead in an incredibly dynamic and transformative era.”
Fox currently has five movies going into production – Fear Street, Free Guy, Mouse Guard, and remakes of West Side Story and Death on the Nile – but after this, Disney will have full power over what does and doesn’t go out.