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Industry & Fans Buzz React To Disney-Fox Deal, The Writers Guild Of America West Slams Buyout

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Industry & Fans Buzz React To Disney-Fox Deal, The Writers Guild Of America West Slams Buyout

The Disney-Fox buyout is complete as Walt Disney Company has officially acquired the entertainment wing of 21st  Century Fox at a whopping $52.4 billion. While actors, industry experts and fans are excited about the deal, the Writers Guild of America West has slammed the buyout by issuing a rather harsh statement opposing the deal.

The deal between Disney-Fox has at last officially gone through, after much speculation and rumors. With this, the House of Mouse has ownership of characters like the Fantastic Four, X-Men, and Deadpool. The deal will also give Disney the rights to the original Star Wars versions, which in turn will open up the possibility for an official release of the pre-Special Edition versions of the films.

The Trump administration has congratulated Disney Company for the big transaction. At today’s news briefing, White House Press Secretary Sarah Huckabee Sanders said, “I know that the president spoke with Rupert Murdoch earlier today, congratulated him on the deal.” She added that the deal, according to President Trump could be “a great thing” for jobs.

While the world is at large happy with the acquisition, and the possibility of seeing Captain America standing alongside Wolverine sometime in future, the Writers Guild of America West, which represents more than 10,000 writers in the industry is not at all pleased with the buyout. According to them, this tie-up will worsen the struggles that creatives continue to face in the industry. The guild’s official statement reads as follows:

“In the relentless drive to eliminate competition, big business has an insatiable appetite for consolidation. Disney and Fox have spent decades profiting from the oligopolistic control that the six major media conglomerates have exercised over the entertainment industry, often at the expense of the creators who power their television and film operations. Now, this proposed merger of direct competitors will make matters even worse by substantially increasing the market power of a combined Disney-Fox corporation. The antitrust concerns raised by this deal are obvious and significant. The Writers Guild of America West strongly opposes this merger and will work to ensure our nation’s antitrust laws are enforced.”

While time will only tell whether the Disney-Fox tie-up will benefit the industry or not, check out the reactions of the Disney-Fox collaboration by actors, fans, and industry experts below:

Source: Collider




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