Today is officially the BEST DAY EVER! Disney and Fox have reached a $54 Billion Dollar deal, granting Disney the rights to the X-Men, Fantastic Four, Deadpool, and other television properties like the X-Files, and gain a majority stake in Hulu.
Today, Rupert Murdoch—Fox’s executive chairman—expressed his confidencein the acquisition’s potential to strengthen both companies:
“We are extremely proud of all that we have built at 21st Century Fox, and I firmly believe that this combination with Disney will unlock even more value for shareholders as the new Disney continues to set the pace in what is an exciting and dynamic industry.”
News of the deal comes after early reports that Fox proper was looking to unload 21st Century Fox in favor of focusing more on news and sports, its two other largest business endeavors. For Fox, this deal means a rather hefty payday but for Marvel, it’s more of a long-overdue homecoming.
For years now, some of Marvel Entertainment’s most iconic characters that first put the comics publisher on the map back in the 70s have been locked out of the MCU because of deals made during the 90s in which Marvel sold off the film rights to properties like the X-Men, the Fantastic Four, and Deadpool. Now, Marvel can get to work on changing that, but it doesn’t mean that it will or even should happen anytime soon. Properties like Avatar, The Simpsons, FX Networks and National Geographic will also fold into Disney’s portfolio according to the official release.
While Fox’s X-Men and Fantastic Four movies weren’t always particularly good, the studio was finally in the process of beginning to carve out a rather distinctive and honestly refreshing voice in the superhero movie space with films like Logan, Deadpool, and The New Mutants. The sequels to the latter two movies are still due to be released on schedule (no word on the X-23-focused Logan followup) but there’s no telling what Marvel plans to do with its new toys now that it has them.
Side note, the true shade is the merger did not include Fox News. Clearly Disney has no time for the bullshit! #NoAlternativeFactsHere. Now transitioning on to better news, this means Storm and Black Panther will be an item, we may get that Avengers vs. X-Men movie, and above all else all of our favorite Marvel heroes get screen time together. We are just wondering how the two universes will merge. Maybe the Reality Stone, one of the Infinity Stones will play a part in making this happen? This a good look and an amazing business move Disney move! You have fanboys everywhere bowing in thanks!