Disney’s Fox Purchase is a Terrible Deal for Hollywood

By CCN Markets: The Walt Disney Company’s merger with 21st Century Fox was hailed in the entertainment industry as a great deal for both companies. There’s a lot of truth to that, particularly for Disney, as far as revenue is concerned. Disney obtained the rights to numerous franchises under the Fox banner, including Avatar, Men In Black, Alien, Die Hard, Home Alone, Maze Runner, Night at the Museum, Planet of the Apes, and X-Men. This, however, has not been such a good thing from the standpoint of creativity, originality, or economics for Disney or Hollywood. Welcome to the Disney Oligopoly With the

The post Disney’s Fox Purchase is a Terrible Deal for Hollywood appeared first on CCN Markets

Source: https://www.ccn.com/op-ed/disneyfox-merger-is-bad-for-movies/2019/06/16/

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