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…