Disney Reveals Plans For Fox Properties & Studios

1 min

Disney Reveals Plans For Fox Properties & Studios

During its third quarter 2018 financial result conference call, Walt Disney Studios revealed its plans for the assets it recently acquired from 20th Century Fox.

20th Century Fox gives Disney “opportunity” like “Avatar, Marvel‘s X-Men, Fantastic Four, Deadpool, Kingsman, Planet of the Apes,” and many other franchises CEO Bob Iger said on the call. He also noted that the studio will explore possibilities for these properties with both big and small screen endeavors as Disney’s streaming service becomes a major focus.

More details regarding those plans were promised for future conference calls. However, Iger said the following:

“The assets we’re buying fit perfectly with our plan to substantially grow our portfolio. “FX is renowned for great high quality television. Our plan is to provide even more resources to further FX’s existing business.”

Iger mentioned other networks the studio will acquire with the deal, noting that Disney is looking to expand and provide resources to the networks:

“National Geographic is another tremendous brand built on quality, one that has global reach and cross generational appeal,”

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Iger stated that Fox Searchlight will run as normal:

“With 20 Oscar nominations last year, along with the Academy Award for best picture, our strategy is to allow to continue to allow the studio to do what it does best.”

Iger pointed out that the Disney/Fox deal will give the company more storytelling opportunities for the streaming service — particularly with Marvel Comics-inspired programming.

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