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Why Disney And Fox Haven't Announced Their Plans For The Merger
Ever since rumblings first surfaced that Disney had talks about buying 21st Century Fox's film and television assets back in November, everyone has wondered what the future of each company would look like after one of the biggest entertainment mergers in history. Half a year and a bidding war later, shareholders for Disney and Fox voted to approve the merger of the two companies in July. Even though that crucial hurdle has now been cleared, Disney and Fox haven't announced their plans and vision for the merger. 21st Century Fox CEO, James Murdoch explained the reasoning for this, saying:
We haven't been, and we won't be, getting into any gun-jumping around trying to guess what comes next. We're trying to operate the business on an as-is basis as effectively as we can.
Speaking on a conference call with Wall Street analysts, as reported by Deadline, James Murdoch seems to not want to put the cart before the horse, and announce any grand plans before all the t's are crossed and the i's dotted. Fox will be essentially conducting 'business as usual' and operating the company as it normally would if there weren't a $71.3 billion merger in the offing. One imagines that there probably are plans in the making for the merger, but they won't be announced just yet.
This conservative approach is likely so both studios could cover their bases, at least until steps move forward for the merger. The shareholders of both companies have approved the deal and it has been approved by the Department of Justice, with conditions like requiring Disney to divest of Fox's regional sports networks. Those were the two biggest hurdles to clear, but the deal still needs the approval of a few more regulatory agencies around the world before it is finalized. James Murdoch stated that Fox does not expect the Disney deal to close before the first half of 2019.
It was previously suspected that James Murdoch could be in line to replace Bob Iger, but it now looks like he will be leaving the company to go into venture capital. Regardless, the impact of this deal on the companies and the industry will be significant, and beyond just what it means for our favorite film properties and how it impacts streaming services. People's jobs will also be affected, but it looks like we will have to wait a bit to find out exactly how.
Although many film fans are excited and curious about what this deal portends, I wouldn't expect to hear about Fantastic Four or the X-Men in Phase 4 of the MCU until the ink dries on this deal sometime next year. We'll keep you updated on this deal as it rounds the bases towards home. Keep it locked to CinemaBlend for all your movie news and check out our premiere guide for all the biggest movies still to come this year.
Netflix is offering a cornucopia of new streaming options for subscribers to enjoy in the comfort of their homes or on their mobile device of choice this June. From original shows to top-notch
Netflix New Releases: Movies And TV Shows Coming To Netflix
The Child's Play Remake may have found its first cast member. Liv Tyler, star of The Incredible Hulk and Armageddon, is reportedly being eyed as one of the lead roles in the horror flick, which is
Liv Tyler reportedly offered the female lead in Child's Play
Elton John very much lived a rock and roll life and as such has many of those darker elements in his past. For John Furnish, Elton John's husband, it was especially difficult for him to be on set when the new movie Rocketman was filming some of those rough moments, as he saw the man he loved going through a very tough time.
Watching Rocketman Makes Elton John’s Husband Want To â
peoplenetv.com/watching-rocketman-makes-elton-johnaes-husband-want-to-ae˜give-him-a-hugae/
Elton John very much lived a rock and roll life and as such has many of those darker elements in his past. For John Furnish, Elton John's husband, it was especially difficult for him to be on set when the new movie Rocketman was filming some of those rough moments, as he saw the man he loved going through a very tough time. According to
Elton John and Bernie Taupin on How 'Rocketman' Captures an R
Chadwick Boseman gets emotional while discussing impact of Black Panther to the black American community. Listen to the full interview and more:
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Until now, this Star Wars spinoff's primary talking point has been the firing of co-directors Phil Lord and Chris Miller — who were replaced by Ron Howard with just three weeks left to the
Actor, director and co-writer of A Quiet Place, John Krasinski was trying to keep this hush, hush. Subscribe To Turns Out John Krasinski Had A Second Role In A Quiet Place Updates close
Turns Out John Krasinski Had A Second Role In A Quiet Place
The site's critical consensus reads, "Twisty, twisted, and above all simply fun, A Simple Favor casts a stylish mommy noir spell strengthened by potent performances from Anna Kendrick and Blake Lively." On Metacritic, the film has a weighted average score of 67 out of 100, based on 40 critics, indicating "generally favorable reviews".
A Simple Favor (2018) - Rotten Tomatoes
Dwayne Johnson took to Instagram on Wednesday to give fans their first sneak peek at his Fast and Furious spinoff, Hobbs and Shaw. The shared photo showed The Rock facing off against his co-star
Dwayne johnson recruiting talent for fast and furious spinoff
He actually lost a lot of weight during the course of the past year, not so much from the tumor, but from the side effects on his bowels, etc. during (a very rough) treatment, didn't eat a whole lot. His weight actually dropped to a much healthier 210, and it has stayed there for the past 3 months.
One of the biggest theories to come out of the pre-release scrum of Avengers: Endgame press was the usage of time travel. With leaked set photos showing, in the most telling case, Steve Rogers in his Captain America costume from 2012's The Avengers , there was a lot of speculation that to save the future our heroes would have to go back in time.
Avengers: Endgame Rumors That Turned Out To Be True
The film will also open two weeks after The Secret Life of Pets 2, which could cause Toy Story 4 to have a deflated opening if the Illumination sequel is well-received. Comparatively, this opening projection is fairly in line with Toy Story 3, which grossed $110 million opening weekend.
How Much Toy Story 4 Could Make Opening Weekend - acroschools.com
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