Disney-Fox Deal Moves Further Forward.February 27, 2019
The Disney accusation of 20th Century Fox has been an ongoing process. Many people stated that the government shouldn't ok the deal between the two because that will make Walt Disney Studios far too powerful and almost hold total control or dominate control over a few markets that includes movies and more. Many people stated this feeling because Walt Disney already own a few very powerful companies and their properties.
These companies include more so Lucasfilm, which through this company Disney owns titanic series like Star Wars and Indiana Jones, and Marvel Studios, which Disney owns the Marvel Universe and all its content. People believe if Disney gets Fox holdings and everything besides its news portion, they will be too powerful.
However, the deal was approved in the US and now there has been another approved move for the studio to purchase most of Fox's movie, television and more properties.
Deadline has reported that Brazilian regulators have officially approved the Disney-Fox deal after Disney had agreed to sell the local Fox Sports channels and related sports rights soon as the deal of accusation is completed. The condition of this deal sounds like the initial deal between Fox and Disney. Disney only get the intellectual properties, movie, television and more itself of the news portion of the company and more. Mexico is expected to sign off on the deal with the same stipulation. According to Deadline, these approvals will push the deal into a 10-day final review period that will allow the Disney-Fox deal to officially close in the middle of March.
The moment this deal is finalized, Walt Disney will own many properties that include Aliens, Predator and the rest of 21st Century Fox's catalog. They will also, be getting Deadpool, Fantastic Four, X-Men and other properties they can re-read back to Marvel Studios.
There isn't any information on how the properties will be handled under Disney officially. However, you can expect there will be more updates on the subject as more information is released.
Reporting: Sarah Williams
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