Disney Buys Fox

Disney has bought 20th Century Fox for 52.4 billion dollars on Dec. 14, 2017, leaving only five major film studios left.

For Star Wars fans, new hope is encouraged as this purchase may lead to even more material that could happen in the near future. With the purchase of Fox, Disney now has the rights to “A New Hope” which is one of the original films created by George Lucas.

According to senior Justin Banks, buying Fox was a good move for Disney because Disney has the opportunity to fill in some of the gaps that have been created with all of the movies.

“They can go back and pick up storylines that could connect the stories a lot better and would intertwine the whole series and make sense of it in places where it’s confusing,” Banks said.

A lot of new material is being added to Disney, and with this, others are speculating if Disney will revamp old favorites. According to Banks, he does not approve.

“Overall I think it’s a great idea as long as they don’t try to remake the old ones because I feel it would be disrespectful to the classics,” Banks said.

Along with Star Wars, Marvel fans will also receive exciting news. The Marvel Universe will almost all be owned by Disney when the deal goes through. Fantastic Four, X-Men and Deadpool will be produced through Disney now. According to junior Joe Martin, new crossovers could be great with Disney leading the movies.

“I think it would come out great because you could now finally have themes like X-Men coming into the Avengers,” Martin said. “There are crossovers like that in the comics and they couldn’t do that before because certain companies wouldn’t mash up together to do these things. So, now that they are all under one house, it’s a possibility that can happen.”

According to BBC News, the deal will not be completed for an estimated 12 to 18 months. Their also may be a possibility that some US regulators may not let the deal happen which Disney has already agreed to pay Fox a 2.5 billion dollar break-up fee if this problem does occur.