Sat. Aug 24th, 2019

Disney is drastically changing Fox’s future after a number of flops

Source: https://www.theverge.com/2019/8/8/20791381/disney-fox-streaming-marvel-xmen-dark-phoenix-movies

Disney is drastically changing Fox’s future after a number of flops
Image: 20th Century Fox

21st Century Fox’s current film strategy is actively hurting Disney’s revenue, but the House of Mouse has a plan: nuke basically everything and start from scratch.

The decision essentially scraps everything that isn’t a major tentpole franchise — including Avatar and Planet of the Apes — and indie projects from Fox’s prestigious Searchlight division. Fox’s lineup of Marvel movies, including the X-Men, Fantastic Four, and Deadpool franchises, will now exist under Disney Studios. It’s considered a major redirection for Fox, and it comes after the studio reported a $170 million operating loss in Disney’s last quarter. It marked the first full quarter that Disney owned 21st Century Fox following the acquisition.

“One of the biggest issues…

Continue reading…

Source: https://www.theverge.com/2019/8/8/20791381/disney-fox-streaming-marvel-xmen-dark-phoenix-movies

Leave a Reply

Your email address will not be published. Required fields are marked *