The regulatory process for Disney‘s acquisition of 21st Century Fox‘s film and television divisions could take about “12 to 18 months,” Variety reports.
The deal, announced Thursday, will see Disney acquire 21st Century Fox’s film and television studios, as well as multiple regional sports networks, a share of Europe’s Sky family of networks, and Fox’s 30% stake in Hulu — giving Disney a controlling interest in the streaming service.
Disney will gain the rights to utilize the Fantastic Four, Deadpool and X-Men franchises in the shared Marvel Cinematic Universe, a result confirmed by Disney CEO Bob Iger. Disney will also acquire popular entertainment properties such as James Cameron’s Avatar saga, the long running The Simpsons, FX Networks and National Geographic.
Fox will retain its Fox News Channel, FOX network operator Fox Broadcasting, and the FS1 and FS2 sports channels.
The acquisition “complements and enhances The Walt Disney Company’s ability to provide consumers around…
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