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On the TV side, 21st Century Fox spun out all the assets that Disney didn’t or couldn’t acquire - the Fox broadcast network, owned and operated Fox affiliate news stations, the Fox News group (including Fox Business), and the Fox Sports group - into a new stand-alone company called the Fox Corporation (aka “New Fox”).īut the way the TV industry works, production studios regularly make shows that air on other networks, so Fox-produced shows could still appear on channels that Disney didn’t own. Note that in the film segment, the deal includes Fox’s moviemaking apparatus as well as its distribution business. But an acquisition like this also involves tons of film and television properties, ranging from billion-dollar franchises to things you’ve never heard of. Over the decades, Fox has produced dozens of box office hits and long-running TV shows - and now, Disney owns them all, adding to its acquisitions of Marvel Entertainment in 2009 and Lucasfilm in 2012.ĭisney and Fox confirm major acquisition dealĬomics fans have focused on the deal allowing Disney to bring a few leftover Marvel characters and Star Wars: Episode IV - A New Hope (including the 20th Century Fox fanfare) into the fold. The film studio was founded in 1935 as 20th Century-Fox Film Corporation the company spun up a TV division called TCF Television Productions in 1949. The most obvious one is that Disney has taken control of the biggest back catalogs in entertainment: 20th Century Fox’s film archive, and 20th Century Fox Television’s well of TV shows.Īs one of the “Big Six” Hollywood studios, Fox has been around for a long, long time. The massive deal, in which Disney acquired most of Fox’s film and television production and distribution businesses for $71.3 billion in cash and stock, will have countless, far-reaching implications for the media and entertainment industries. After more than a year of deliberation, The Walt Disney Co.’s acquisition of 21st Century Fox is official as of 12:02 a.m.