Recently, the New York Times (USA) officially published information about the merger between Walt Disney and 20th Century Fox, specifically Disney spent 52.4 billion USD to buy off the entertainment company of rupert Murdoch - 20th Century Fox.
Thus, Disney will officially take over Fox's film studio, Nat Geo channel, Sky, Hulu, Fx Networks, National Geographic, Star TV, Fox will only keep Fox News news channel and some sports channels.
In addition to spending $22.4 billion, Disney will also be responsible for paying Fox's previous debts, with an estimated $66 billion spent on this century's acquisition. However, that may not be a guarantee as Disney will hold a series of movie rights worth billions of dollars. Currently, this agreement has been conducted and is waiting for opinions from the state management agency, however, it is only a matter of time.
"We are honored to be trusted by Rupert Murdoch and give us the power to run the business that he has built his whole life."
According to NYT, this is the largest buy-sell deal in the media industry. By holding Fox, Disney will not only stop at the film industry but also the online field. This makes Walt Disney a formidable competitor in the online video space of previous "big guys" such as Apple, Amazon, Facebook and Google.
Previously, Marvel - a subsidiary of Disney was successful with superhero series, but they could not exploit characters such as X-men, Deadpool... because they were copyrighted by Fox. Therefore, this consolidated information will make Marvel fans around the world happy when superheroes have gathered "in one house".
However, some opinions also expressed concern because Disney is a cartoon studio, so superhero films like Deadpool or The Wolverine are unlikely to survive with violent scenes or 16+ labels.
