Monday, November 6, 2017

News:: Disney considered buying 21st Century Fox

In deeply unsettling news on Monday, CNBC reported that 21st Century Fox was previously in talks to sell all of its movie rights to Disney. The move is rumored to be behind Fox's attempt to pivot to a news and sports-centric company, which they feel works better in the social media age. While sources have stated that talks are dead and the deal is seemingly not going to happen a move like this could have serious ramifications for the entire movie industry.

Some may see this as a good thing because 21st Century Fox is the gatekeeper for all of the X-Men movies which would mean that the Marvel Cinematic Universe would be finally united but without competition in the rapidly changing film climate, Disney taking out another huge competitor could be highly detrimental.

Disney considered buying 21st Century Fox screenshot

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