Fox President Says Pending Disney Deal Will Close January 2019

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Twentieth Century Fox president Peter Rice told his employees on Wednesday the pending Disney deal is set to close on January 1st of next year.

It was announced last December Disney and Fox would be merging and a little over a year later, the deal may finally be closing according to Variety. Rice broke the news to his employees at a town-hall meeting in Los Angeles on Wednesday.

This means Disney will be obtaining the studio they purchased for $52.4 billion in stock a bit sooner than expected, which means Kevin Feige and Marvel Studios will start to oversee the X-Men and Fantastic Four properties in 2019. However, the studio is still set to release what’s left of their X-Men films with Dark Phoenix and New Mutants in 2019.

We’ll be sure to keep you updated on all news regarding the Disney-Fox merger as more information becomes available. What are your thoughts on the merger? How would you like to see the X-Men and the Fantastic Four join the MCU? Let us know your thoughts in the comments below!

Source: Variety

Ryden Scarnato

Ryden Scarnato

Ryden's affection for all things DC, Marvel, and Star Wars has led him to entertainment journalism at Heroic Hollywood as a News Editor.