Something of a hotly debated topic recently in the entertainment industry is the prospect of a Disney-Fox merger which could see the mouse-house acquiring franchises such as the X-Men, but why does it matter, what does it mean for the future of Disney owned properties such as Marvel's Cinematic Universe? Let us explain.
Although the merger between Disney and Fox would finally unite the Marvel properties (we're hoping for an Avengers/X-Men crossover, come on Kevin! Please!)– it hasn't been easy to get the ball rolling since the move was first announced in December last year. Not only does the merger have to be approved by the US government, there's also the small matter of Comcast, owner of NBCUniversal, which wants a chunk of that 21st Century Fox pie.
Comcast, the current opponent to Disney has offered an impressive $65 billion – in cash – for the company's entertainment assets. As of 21st June 2018, Disney has bumped up its earlier bid to buy 21st Century Fox from $52 billion to a huge $71.3 billion.
Disney boss Robert Iger has said that, if its bid is successful, the Disney-Fox merger will "bring significant financial value to the shareholders of both companies. We believe that we have a much better opportunity, both in terms of approval and the timing of that approval, than Comcast does" Iger continued to say, according to The Wall Street Journal.
"We remain convinced that the combination of 21 Century Fox‘s iconic assets, brands and franchises with Disney‘s will create one of the greatest, most innovative companies in the world."
But do you agree with Bob Iger? Would you prefer a merger between 21CF and Comcast? Or do you just want that Deadpool cameo in Avengers 5? Let us know below! :)
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