Disney's acquisition of Fox is still underway and will likely be completed by early 2019, perhaps even as soon as January 1.
Maybe it's just us, but in many ways, Disney doesn't feel as if it has that big an influence on our lives as it did 20 to 30 years ago. Perhaps that's just because when most people think of Disney, they think about animated movies. Bambi, Snow White, Peter Pan, the timeless classics that all of us watched as children.
The truth is that really is just the tip of the iceberg when it comes to Disney's reach in the present day. Not only does it own an almost endless amount of movies akin to the classics we mentioned above, but it has also been buying out other companies and franchises left and right. Disney owns Star Wars, it owns Marvel Studios, and now it is closing a deal that will see Fox join its empire.
This acquisition may very well be the biggest one so far by Disney, and the deal could be done very soon. A report by Variety this week revealed that Fox executives believe the deal may be done as early as the first quarter of 2019. What's more, New Fox, which will incorporate all of the assets not being bought up by Disney, could start operating as soon as January 1, 2019.
So what does this mean for some of the franchises currently under the Fox banner? Well, the most exciting prospect is the Marvel property that Disney will acquire. The X-Men franchise, which includes Deadpool, will soon be owned by the same company that dictates the actions of the rest of the MCU. That could mean we start to see the likes of Wolverine and Storm fight against or alongside Spider-Man and Black Panther.
As touched upon above, Disney won't be getting everything Fox-related. Entities such as Fox News and Fox Sports will remain under the New Fox banner come 2019. That presumably means WWE SmackDown Live, which will start airing on Fox in September 2019, will not become the property of Disney. However, The Simpsons, Family Guy, and even Avatar are about to become members of the ever-increasing Disney family.