Disney Buys Fox, Expanding Their Empire

Jonathon Eaton, Staff Writer

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Back in December of last year, one of the biggest deals was made involving two major multi-billion dollar companies. On December 14, 2017, Disney bought out 21st Century Fox, thereby acquiring most of their film and television studios.

Fox was known for their many involvements in the pop culture world with their major TV shows, lots of blockbuster movies and also their broadcast news stations.

In 2011, George Lucas was in the procces of writing the next series of Star Wars films such as The Force Awakens and The Last Jedi. Lucas did not have any movie studios that would be willing to distribute his new movies for the future of the Star Wars saga. It wasn’t until Fox bought the rights to all the movies (prior to that, Disney bought LucasFilm for the first 6 movies) until they announced they were selling Fox to Disney–letting them complete the puzzle for the missing new Star Wars movies.

What Fox gets to keep in this deal is very limited, they only get to keep their news broadcast channels , 28 owned-and-operated local TV stations, and their parking lot. With the purchase of 21st Century Fox, what does this mean for the future for the upcoming movies for the Disney Marvel Universe?  This new future for these franchises should be very interesting.

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Disney Buys Fox, Expanding Their Empire