Disney’s Acquisition of 20th Century Fox is Official

After months of back and forth and potential competition from Comcast, the merger between Disney and 20th Century Fox has been approved by shareholders.

At the end of last week, it became official, Disney is set to acquire 20th Century Fox for $71.3 billion and will see the movie rights for franchises such as X-Men and Fantastic Four, among others, fall into the hands of Disney. The news broke as the majority of Fox’s shareholders agreed to the merger.

According to Deadline, the decision was made pretty quickly too, with 99 percent of shareholders co-signing the agreement within 10 minutes. There was only a single objection saying that Disney was spending too much money. Originally, the deal was set to go down for $54 billion, however, the bid from Comcast had Disney stumping up more cash.

What this means for the future of some of Marvel’s IPs, however, is that they’ll all finally be under one roof and we could finally see properties like X-Men – such as Deadpool – becoming a part of the Marvel Cinematic Universe. Hell, maybe we’ll finally get a decent Fantastic Four movie.

Disney’s Acquisition of 20th Century Fox is Official - n3rdabl3

The merger also means that Fox’s game focused division, FoxNext also falls into the hands of Disney. FoxNext launched in January 2017 and has already acquired a number of businesses including Cold Iron Studios and former Kabam studios.

The division has currently released a single title, Marvel Strike Force, which launched on mobile earlier this year and is currently working on a title based on the Alien franchise.

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