{"id":115900,"date":"2019-03-23T18:15:30","date_gmt":"2019-03-23T18:15:30","guid":{"rendered":"https:\/\/www.bnreport.com\/disney-acquires-21st-century-fox-good-or-bad-for-consumers-cnet\/"},"modified":"2019-03-23T18:15:30","modified_gmt":"2019-03-23T18:15:30","slug":"disney-acquires-21st-century-fox-good-or-bad-for-consumers-cnet","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/disney-acquires-21st-century-fox-good-or-bad-for-consumers-cnet\/","title":{"rendered":"Disney acquires 21st Century Fox: good or bad for consumers?     \u2013 CNET"},"content":{"rendered":"<p>The world&#039;s largest media conglomerate just got bigger. Late Tuesday night, <a href=\"https:\/\/www.cnet.com\/tags\/disney\/\" rel=\"noreferrer\" target=\"_blank\">Disney&#039;s<\/a> acquisition of <a href=\"https:\/\/www.cnet.com\/tags\/21st-century-fox\/\" rel=\"noreferrer\" target=\"_blank\">21st Century Fox<\/a> was completed. The $71.3 billion dollar deal is one of the largest media mergers ever, and comes with <a href=\"https:\/\/www.cnet.com\/news\/disney-closes-fox-takeover-forging-a-hollywood-monster-to-take-on-netflix\/\" rel=\"noreferrer\" target=\"_blank\">a huge haul of properties<\/a> such as movies, a movie studio, TV shows, TV networks and even a controlling stake in the TV streaming service <a href=\"https:\/\/www.cnet.com\/tags\/hulu\/\" rel=\"noreferrer\" target=\"_blank\">Hulu<\/a>. This is in addition to brands that Disney already owns such as Pixar, <a href=\"https:\/\/www.gamespot.com\/topic\/marvel\/\" rel=\"noreferrer\" target=\"_blank\">Marvel<\/a>, and <a href=\"https:\/\/www.cnet.com\/tags\/star-wars\/\" rel=\"noreferrer\" target=\"_blank\">Star Wars<\/a>, just to name a few.<\/p>\n<p>Disney&#039;s own video streaming service, <a href=\"https:\/\/www.cnet.com\/news\/disney-disneyplus-streaming-service-name-release-date-shows-movies-to-expect-fox\/\" rel=\"noreferrer\" target=\"_blank\">Disney+<\/a>, is supposed to launch some time this year, meaning this acquisition primes them to have an immediate impact in the video streaming service landscape. Some argue this acquisition is a positive thing, as we will be getting better quality content and competition among the streaming services. That, and franchises such as the Fantastic Four and X-Men can once again be rebooted or become part of the <a href=\"https:\/\/www.cnet.com\/news\/every-upcoming-marvel-mcu-movie-and-tv-show-confirmed-rumored-infinity-saga\/\" rel=\"noreferrer\" target=\"_blank\">Marvel Cinematic Universe<\/a>. Take a look a some of the positive reactions around the Twittersphere:<\/p>\n<figure>\n<blockquote><p>\nOnce the Disney\/Fox deal closes next week, it&#039;s gonna be interesting seeing what Disney is gonna be doing with the new stuff they acquired. I&#039;m hoping they can make the animation studios they&#039;re gonna get just as amazing as what they have with Disney Animation and Pixar.<\/p>\n<p>\u2014 Animated Antic (@Animated_Antic) <a href=\"https:\/\/twitter.com\/Animated_Antic\/status\/1105541193801187328?ref_src=twsrc%5Etfw\" rel=\"noreferrer\" target=\"_blank\">March 12, 2019<\/a><\/p>\n<\/blockquote>\n<\/figure>\n<figure>\n<blockquote><p>\nDisney\/Fox merger is officially done. Welcome back home X-Men, Fantastic 4, Deadpool, &amp; moooooooore!<\/p>\n<p>\u2014 JR AQUINO (@JRAquino) <a href=\"https:\/\/twitter.com\/JRAquino\/status\/1108013605612511240?ref_src=twsrc%5Etfw\" rel=\"noreferrer\" target=\"_blank\">March 19, 2019<\/a><\/p>\n<\/blockquote>\n<\/figure>\n<p>Others argue this is is a bad thing for consumers. These people feel Disney essentially has a monopoly on the entertainment industry, and many believe they are now capable of driving up prices on their massive services, as well as having too much power in the box office. There are also concerns that Disney can pretty much decide what we see in the media. Here are some negative reactions to the news:<\/p>\n<figure>\n<blockquote><p>\nThe filmed entertainment world is now essentially a three-way fight. With theatrical distribution, it&#039;s Disney\/Fox versus Universal\/Comcast versus Warner Media And with streaming it&#039;s Disney versus Netflix versus Amazon. Everyone else will be on a different playing field.<\/p>\n<p>\u2014 Scott Mendelson (@ScottMendelson) <a href=\"https:\/\/twitter.com\/ScottMendelson\/status\/1108894335192301568?ref_src=twsrc%5Etfw\" rel=\"noreferrer\" target=\"_blank\">March 22, 2019<\/a><\/p>\n<\/blockquote>\n<\/figure>\n<figure>\n<blockquote><p>\nThis sucks. All three of those films are prime examples of the kinds of movies Disney would *not* make, thus why Fox as an independent studio was valuable. A different, separate studio willing to take a gamble on important and teen-centric stories, now gone. <a href=\"https:\/\/t.co\/pNv3NZR2Fl\" rel=\"noreferrer\" target=\"_blank\">https:\/\/t.co\/pNv3NZR2Fl<\/a><\/p>\n<p>\u2014 Adam Chitwood (@adamchitwood) <a href=\"https:\/\/twitter.com\/adamchitwood\/status\/1108839037098430474?ref_src=___[contf]_[contfnew]_        &lt;img src=\" rel=\"noreferrer\" target=\"_blank\"><\/a><\/p>\n<h5><a href=\"https:\/\/www.cnet.com\/\" rel=\"noreferrer\" target=\"_blank\">cnet<\/a><\/h5>\n<p>[contfnewc]<br \/>\n[contfnewc]\n<\/p><\/blockquote>\n<\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The world&#039;s largest media conglomerate just got bigger. Late Tuesday night, Disney&#039;s acqui..<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"class_list":["post-115900","post","type-post","status-publish","format-standard","hentry","category-science"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Disney acquires 21st Century Fox: good or bad for consumers?   \u2013 CNET - Business News Report<\/title>\n<meta name=\"description\" content=\"The world&#039;s largest media conglomerate just got bigger. 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