Post updated March 20th, 2019 at 01:54 pm
It’s done! After months, nay, years of reports and speculations, Disney has officially acquired Fox for a whopping $US 71.3 billion. The Disney-Fox acquisition will be effective from 20th March 2019 at 12:02 pm MYT. Yes, it means that within the next couple of hours or so, the likes of Deadpool, X-Men and the Fantastic Four will all be back home where they belong.
In a statement (via Variety) here’s what Disney CEO Bob Iger had to say:
“This is an extraordinary and historic moment for us — one that will create significant long-term value for our company and our shareholders. Combining Disney’s and 21st Century Fox’s wealth of creative content and proven talent creates the preeminent global entertainment company, well positioned to lead in an incredibly dynamic and transformative era.”
This deal means that Disney will now own the following Fox assets: Twentieth Century Fox, Fox Searchlight Pictures, Fox 2000 Pictures, Fox Family, and Fox Animation; Fox’s television creative units, Twentieth Century Fox Television, FX Productions, and Fox21; FX Networks; National Geographic Partners; Fox Networks Group International; Star India; and Fox’s interests in Hulu, Tata Sky, and Endemol Shine Group. The deal does not include the likes of Fox Sports and Fox News.
And of course, Deadpool had something to say about it. Ryan Reynolds took to Twitter and posted a picture of himself as Deadpool wearing Mickey Mouse ears on a school bus which reads ‘Disney’.
Feels like the first day of ‘Pool. pic.twitter.com/QVy8fCxgqr
— Ryan Reynolds (@VancityReynolds) March 19, 2019