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The Simpsons were right! Disney and 21st Century Fox Alliance

Courtesy of quartz.com

Courtesy of quartz.com

Lismery Luna, Staff Writer

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It’s official: Disney now owns 21st Century Fox. So, what can consumers expect from the merger?

Well, there are some anticipated movies, like “Dark Phoenix” and “Avengers: Endgame” coming out this spring and others like “Gambit,” “The Silver Surfer,” “The Fantastic Four,” “Dr. Doom” and “Kitty Pryde,” which will either be released next year or in other formats before the merger became a reality.

The merger became official on March 12 at midnight. Disney company proposed the merger with Fox in July 2018, detailing some of the conditions of the agreement. However, 21st Century Fox is no longer a public company.

Disney will now have a 60 percent majority stake and potentially acquire another 10 percent.

Disney was set to buy $71.3 billion in a purchase that gave the company a bulk of Fox’s media empire, according to Deadline.com

The merger was a historic transition in film and TV because two major and respected media companies decided that together they could make better content with their respective properties than apart.

Movies like “Avatar” and TV shows such as “The Simpsons” are now owned by Disney. The company will own networks like FX and National Geographic as part of the amendment as well.

Disney now owns 50 percent cash and 50 percent stock of the company, while what is left of Fox is that it controls broadcasts, sports channels, and local TV stations.

There are some new players in the merger, like CEO Bob Iger and top-level corporate officers Peter Rice, John Landgraf, Dana Walden, and Gary Knell. Despite the new players, the Murdoch family will be the largest shareholders at the new company.

The largest outcome, however, is that Disney will have a stake in the streaming service movement, with ownership of both Hulu and Starz. Hulu’s content is for more of an edgier and older audience, but management by a preponderance (Hulu) could open an important re-direct to consumers for Disney, according to Deadline.com

This ownership indicates Disney’s awareness of the implications streaming has for the average viewer and consensus. The merger’s effect on the market share in film and TV is that Disney now owns 35 percent of the U.S. box office.

Others are concerned with Fox’s other branches, both in the United States, Europe, and South America. According to Deadline. com, “In terms of outside of the United States, Brazil had agreed to divest Fox Sports and certain other spots. In Europe, they will sell off factual channels under the A&E joint venture.”

That stake opens up questions as to what Disney will do with the other projects Fox has in the works and other projects that are already completed. Now that Disney has control of Fox, it has control of the Marvel Cinematic Universe.

Some of the more anticipated projects since the merger was finalized are “The Dark Phoenix,”  “Deadpool 3,” “X-Force,” “Avengers v. X-Men” and “The New Mutants,” according to syfy.com

It’s safe to assume that Disney now rules the known universe. But for now, people should sit back and relax because Disney has things under lock and key.

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The Simpsons were right! Disney and 21st Century Fox Alliance