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RUMOUR: Disney-Fox Merger Deal Close Date Revealed

Disney and Fox Deal Close Date Revealed 1

Fox-Disney merger will be the biggest one entertainment industry has ever seen.

And now, a report from Variety states that Fox President Peter Rice has told all employees that Fox’s acquisition by Disney will close by January 1st next year. As reported, the news was announced by Rice during a town-hall staff meeting. The meeting also had Fox’s set-to-become COO John Nallen.

With previous reports also hinting at the finalisation of the deal, this update comes as a surprise. We have seen many hurdles in the way but seems like nothing has and will stop this deal.

This will have a massive impact on the pop-culture, as Fox’s owned Marvel Characters like X-Men, Deadpool and Fantastic Four will join the MCU.

“Not until we’re given the word,” Marvel Studios president Kevin Feige explained earlier this year of plans with the Fox characters. “I have vague dreams and vague ideas. But right now, bringing to life the 10,000-plus characters that Marvel fully controls is what the gameplan is.”

“That whole Disney buying Fox deal is- none of us saw that coming, and we’re amazed and excited because we always dreamed of having the X-Men and Fantastic Four in the MCU, but nothing’s actually been decided or announced,” Marvel Studios Visual Design Supervisor Andy Park told “So, I have nothing to spill, ’cause I don’t even know what the future is. The only thing I’ve read … these things are going to take at least 12 months to 18 months for something to even happen.”

However, combining the two slates together, it seems like Kevin Feige will continue being in charge of Marvel Studios.

“I think it only makes sense,” Disney president Bob Iger said in a recent interview. “I want to be careful here because of what’s been communicated to the Fox folks, but I think they know. It only makes sense for Marvel to be supervised by one entity. There shouldn’t be two Marvels.”

Written by Reilly Johnson

Reilly Johnson is a businessman, journalist, and a staple in the online entertainment community contributing to some of the largest entertainment pages in the world. Currently, Reilly is the Editor-In-Chief of FandomWire, a subsidiary of Johnson Concepts.

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