What does this merger mean for the entertainment industry?
Once the regulatory review is complete and all the paperwork is signed off on, the merger should be complete within 12-18 months, and that leaves many entertainment fans waiting anxiously to see what happens next, especially considering what happened after Disney purchased Lucasfilm and launched a new trilogy and solo films that have taken the world by storm.
So what does Disney control if the merger is approved?
Superheroes get a major boost!
And that is where it begins to get interesting when you think about it, considering the success that Marvel Studios has had on the big screen as well as what Marvel TV has accomplished on streaming and cable networks. We could see any number of crossovers across Netflix, Hulu (which Disney will now own the lion's share of) if Disney chooses to focus on the small screen for the majority of the characters, considering that there are currently three major shows about the X-Men in production (Gifted, The Runaways & Legion) along with a few feature films in the works (The New Mutants, Logan sequel, Deadpool 2, Gambit, X-Force & X-Men: Dark Phoenix,
Disney gains control over several other franchises.
Although some of the franchises haven't been met with the acclaim that they once had, if we've learned anything from when Disney purchased Lucasfilm in 2012, it is that the House of Mouse has a way of taking something and making it incredible again. After the disappointment with the prequel trilogy of Star Wars films, many fans thought that Star Wars would never again appear on screen. Then Disney announced a slew of six new films, and the first two of the new trilogy have garnered millions of dollars in revenue. It's easy to imagine that the same could be done with any one of the franchises that Fox previously held.
Ultimately, there is still so little known about what the future will hold for the new behemoth in the entertainment industry, but it's safe to say that there is nearly no boundary that can't be crossed now. Perhaps we'll see Firefly rebooted, with Deadpool as the primary villain who is guided by a vision of Emperor Palpatine. The sky is the limit for the House of Mouse.