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Once Disney takes over 21st Century Fox next year, it seems movies in production or in the can will still see the light of day. Beyond that, things get a bit iffy.
According to a new report from The Wall Street Journal, things are starting to solidify around Disney’s plans for Fox. With the shareholder vote out of the way, the Department of Justice saying it has no objections, essentially we’re down to the nitty-gritty of this merger. Amongst those questions is: What happens to unreleased movies?
This revelation problaby comes now due to a maelstrom of rumors surrounding X-Men: Dark Phoenix and The New Mutants. Apparently Disney’s plan is that any movie completed or in production by the time it takes ownership will be released. They aren’t guaranteeing theatrical – or at least it wasn’t called out as such – but that means we’ll see everything in some way. Anything just in development at the time of the takeover will be examined.
The Fox brand may go away. That is still be determined. It looks, however, as though Fox Searchlight and FOX 2000 will remain intact.
This is going to be an odd time in the film industry. There has never been a merger of this magnitude and it is probably going to be years, if not even a decade, before the full impact is known.
Source: The Wall Street Journal .