The Disney/Fox Acquisition is Supposedly Back On & “Progressing Speedily”

Image copyright Marvel Comics

Last month, news was circling around the internet about a potential acquisition of most of Fox‘s studios by the Walt Disney Co.

Those talks fizzled out, and no such agreement could be met by either party.

However, according to Deadline, the talks are back on, and, according to Mike Fleming, “Disney is ‘progressing speedily’ towards an acquisition of Fox.”

Again, this acquisition would mean that Disney would own the full rights to all Marvel properties currently owned by Fox, including the X-Men and the Fantastic Four as well as all relevant characters tied to both properties.

Fleming, speaking to Deadline, said of the matter,

“I just want to start with a juicy rumour that is fast gaining steam in town today, that Disney is progressing speedily toward that rumoured acquisition of Fox. 

The version I heard has the Murdoch clan keeping possession of sports and news properties, and the rest of TV and the film studio going to Disney.”

 

Fleming added how he believes that, should a deal be made, Disney‘s deal would be much like the deal with Lucasfilm – namely, under a cone of silence until everything was ironed out.

Of course, this means that, regardless of if the deal pans out or not, we likely won’t hear anything one way or another until it’s been met – which isn’t too bad, it does curb all the rumours and runaround that we’ve had the past few weeks.

Since the original talks and these more recent talks, Fox had entertained meetings with Sony Entertainment – rather than Sony Pictures, interestingly enough – as well as Comcast and Verizon.

Several people in the industry have warned that a mega-acquisition like this would be bad for business, and several Hollywood bigwigs are worried about it going through, however great it would be for fans.

-James, 02/12/2017

 

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