The Largest Entertainment Conglomerate Just Got Bigger

More at the NYT – LOS ANGELES — In a move that will reverberate from Hollywood and Silicon Valley to TVs and smartphones around the world, the Walt Disney Company said Thursday that it had reached a deal to buy most of 21st Century Fox, the empire controlled by Rupert Murdoch, in an all-stock transaction valued at roughly $52.4 billion.

While the agreement is subject to the approval of antitrust regulators — and the Justice Department recently a big media company, moved to block AT&T, from becoming even bigger — Disney is acknowledging that the future of television and movie viewing is online. The acquisition, which would make Disney a colossus unlike anything Hollywood has ever seen, is the biggest counterattack from a traditional media company against the tech giants that have aggressively moved into the entertainment business.

So what happens to BlueSky?

So the big Studios now are:

  • Disney / Fox
  • Warner Brothers
  • Universal
  • Paramount
  • Sony

Walt Disney Co. has announced its plans to acquire 20th Century Fox, as part of buying all of 21st Century Fox’s entertainment assets for $52.4 billion.

The deal will mean that Disney will be acquiring film assets including the original Star Wars trilogy, Avatar, X-Men and Deadpool, Ice Age, Rio and new release Ferdinand.

Disney has confirmed that Deadpool will stay R Rated.

In terms of TV, Disney will own TV channel FX, and animated series including The Simpsons, Family Guy and Archer.

There is currently no news yet on what this means for Blue Sky Studios, the feature animation studio owned by 21st Century Fox. Disney of course already has Walt Disney Animation Studios and Pixar as part of its animation roster.

According to Hollywood Reporter, an insider said “‘They are nervous,’ one source in the tight-knit animation community confides, although he cautions it’s ‘too early to tell’ how the Disney-Fox merger could play out.”