The European Commission Approves Disney and Fox Merger

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The European Commission has officially cleared the deal between Disney and Fox, making this just another step forward in the acquisition. Although the European Commission did approve the deal, there were some adjustments, as reported by The Hollywood Reporter:

“To address the Commission’s competition concerns, Disney committed to divest its interest in all factual channels it controls in the European Economic Area (EEA), namely: History, H2, Crime & Investigation, Blaze and Lifetime channels,” said a statement from the European Commission. “These channels are currently controlled by A+E Television Networks, which is a joint venture between Disney and Hearst. The commitments fully remove the overlap between Disney’s and Fox’s activities in the wholesale supply of factual channels in the EEA…

“Therefore, the Commission concluded that the proposed transaction, as modified by the commitments, would no longer raise competition concerns. The Commission’s decision is conditional upon full compliance with the commitments.”

Fans should know that this agreement also stated that Disney must sell off the 22 regional sports networks that are owned by Fox.

Fans are eager to see how this deal affects everything. While we all want to see Marvel characters interact with each other and hate the fact that the X-Men and Avengers can’t be within the same film, people are also skeptical as to what this means for the future of certain movies that we’re supposed to see. For instance, Josh Brolin signed up for about four Deadpool centered movies, but will this happen now that the merger is a guarantee? Disney already gotten rid of talent that doesn’t align with their family-friendly motto, so do characters like Wade Wilson have a place in their future?

The deal is set to be finalized in 2019.

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