Disney-Fox Deal Clears Final Obstacle, Will Soon Become One Entity

The Disney-Fox deal, a multi-billion dollar entertainment industry merger that would seal Disney’s dominance in the movie-making industry and make it a privatised information superpower, has finally completed its last major hurdle. The Disney Fox merger would bring about the emergence of the mutant superheroes and the Fantastic Four in the world’s most profitable franchise – the MCU and start a cinematic revolution.

Disney-Fox Deal

So we are happy to hear that the deal is now in its final stages. All thanks to the internet, we now know that is soon going to be an actual reality. Presenting – Disney-Fox Deal clears final obstacle, will soon become one entity!!

Disney-Fox Deal

On its way to being finalized and the merger being made permanent, the Disney-Fox accord has cleared the hurdle posed by Brazilian government’s CADE. Standing for The Administrative Council for Economic Defence, Brazils’ CADE was in from opposition of the economic implications that the Disney-Fox deal would bring and therefore was unwilling to give the get go to the accord.

Disney-Fox Deal

That all changed last day when CADE agreed to concede its reservations! Brazil and Mexico have decided to sign off the deal and let go of all concerned assets regarding the merger. This means that the Disney-Fox deal would now enter into its final developmental 10 day period for review and progress monitoring before it is finalised for good as reported by Deadline Magazine.

Disney-Fox Deal

Disney had to pull a lot of strings to ensure the South American nations agreed to this deal. South Americans are avid fans of football and the Disney-Fox deal could have posed a potential threat to the football broadcasting rights that would have hampered the local channels ability to bring those to the people. Fox Sports and ESPN are one of the largest broadcasters of sports events in the nation. There were also a busload of divestitures involved but Disney and Fox somehow managed to deal with them all.

Disney-Fox Deal

Fox’s regional broadcasting network is now up for sale and will be bought by potentially interested buyers. This frees up assets that were keeping the deal from being rolled over. Thus now, Disney is now in the final stages of the deal with Fox for the merger.

Disney-Fox Deal

What is of particular concern is the fact that although Disney owns the rights to Star Wars, there are some portions of those copyright agreements that falls under Fox jurisdiction. This must change, according to Walt Disney Chairman Bob Iger. He claims there will not be two Marvels after the deal but just one singular governing entity. He states and we quote:

Disney-Fox Deal

“I think it only makes sense. I want to be careful here because of what’s been communicated to the Fox folks, but I think they know. It only makes sense for Marvel to be supervised by one entity. There shouldn’t be two Marvels.”

Disney-Fox Deal

Kevin Feige, President of Marvel Studios and one of the reasons that led to the creation of the Marvel Cinematic Universe, has also supported Iger’s statement:

“The truth is, I’m excited for all of them. I’m excited, and it’s not just the marquee names you know — there are hundreds of names on those documents, on those agreements,” said Feige. “And the fact that Marvel is as close as we may ever get now to having access to all of the characters, is something I’ve been dreaming about for my almost 20 years at Marvel. And it’s very exciting.”

Disney-Fox Deal

Avengers: Endgame will be released on April 26, 2019. The last Avengers movie to be released under the MCU banner was Avengers: Infinity War. The official film synopsis for the movie reads:

Iron Man, Thor, the Hulk and the rest of the Avengers unite to battle their most powerful enemy yet — the evil Thanos. On a mission to collect all six Infinity Stones, Thanos plans to use the artefacts to inflict his twisted will on reality. The fate of the planet and existence itself has never been more uncertain as everything the Avengers have fought for has led up to this moment.

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