The deal between Disney and 21st Century Fox has finally come to a close and today Disney now owns some of Fox’s big films including the Die Hard franchise and James Cameron’s Avatar.
Under the terms of the deal, Fox will retain the Fox News Channel, Fox Broadcasting (which runs the FOX network), and the FS1 and FS2 sports channels. In addition to the 21st Century Fox film and TV studios, Disney is also purchasing Fox’s 30% stake in Hulu, multiple regional sports networks, and a share in the Sky family of networks over in Europe. The deal cost Disney a whopping $52.4 billion purchasing the assets.
Along with Die Hard and Avatar, Disney now owns Alien, Predator, Fantastic Four but not the distribution rights because they are owned by Constantin Films. However, it is possible that Disney will still get the distribution options. Kingsman is another film now under Disney, with The Martian, Artemis, Planet of the Apes, Red Sparrow, X-Men, Alvin & The Chipmunks, Doctor Dolittle, Home Alone, Ice Age, The Chronicles of Narnia, Star Wars and many more.
Now, yes, Disney purchased Star Wars from Lucasfilm, but distribution rights were owned by Fox. We can expect Disney to return distribution rights back to Lucasfilm in the near future.
So, yea, it finally happened and I am curious about what will happen with these Marvel movies and how this deal will affect other movies not usually catered for Disney’s audiences. This deal could be bittersweet.