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Disney is on It’s Way to Get Rights Back from 20th Century Fox
November 13, 2017 By Holly Clarkson
News hit last week that Disney and 20th Century Fox are in talks about Disney taking over the rights to the movie and TV properties Fox have had for years.
Talk between the companies had apparently calmed down and no further news was reported but apparently CNBC’s David Faber has heard from a source that the deal is still underway but the pencils aren’t drawn out yet. He is also quoted saying that ‘It does appear at the very least that they have not abandoned the idea of that combination.” Which would be for Disney to take the rights such as Deadpool and the X-Men franchises while leaving Fox to focus on news and sports. Similar to the deal they made with Sony opening up the MCU giving us Spider-Man in the Avengers and his own movies by Disney.
We knew a Disney take over would only be sometime after they bought out the rights for Lucas Film, with the recent news breaking both companies stocks have gone up, FOX by 18% and Disney by 7%.