After covering the Shazam purchase by Apple, another big acquisition has been making headlines on the other side of town. One of the biggest mergers too, according to the Wall Street Journal, “end the era of the big six” will take place in the next few days.
As with Shazam, the Twentieth Century Fox acquisition had a few heavy bidders. One being Comcast, who just retracted it’s offer no longer being a contender for the movie giant.
With the merger in sight, here’s why Disney and Twentieth Century Fox coming together makes sense.
Hulu vs Netflix
According to Bloomberg, “Disney would also get Fox’s stake in U.S. streaming-video provider Hulu, doubling its ownership to 60 percent.”.
Disney has long been trying to acquire assets that will allow Disney to compete in the online streaming space. More specifically, Netflix. The Disney CEO, Bob Iger, mentioned the streaming service being “cheaper than Netflix” in a investor’s call.
The acquisition will give Disney 60% ownership of the streaming service.
Expanding Disney’s International Reach
Forecasters predict that with the Twentieth Century Fox deal, it will give provide access to Sky stake which would give Disney 22.5 million customers in five countries in Europe, with leading advertising technology, and Disney would be likely to seek full control of the satellite provider.
Access to Additional Intellectual Property
Fox’s studio would give Disney the rights to popular characters such as the X-Men and the Simpsons.
That being said, it has been long awaited by MCU fans to see an Avengers / X-Men crossover.
If you’re a reader of Marvel comics, not having the freedom to see Marvel characters interact with one another as they normally would like the cartoons or the comics are hard to get used to.
However, Marvel fan’s dreams may come true sooner than they realized.
The merger will allow Disney to use such properties such as X-Men, Deadpool, Clock & Dagger, Fantastic Four, Silver Surfer and Galactus.
Here at Meta-Human Entertainment, we could not be more happy about the merger. Having an Avengers and X-Men crossover would truly make the Marvel Cinematic Universe complete.