Disney To Stop 20th Century Fox Film Development and Focus More On Key Franchise Acquisitions
  |  @   |  

When Disney acquired 20th Century Fox earlier this year, it really changed the entertainment climate. The Mouse House has become a giant media conglomerate. They own various studios, TV networks, and will soon be launching a streaming service. However, there appears to be somewhat of a downside to all of this, at least when you look at it from a stockholder’s point of view.

Disney chief financial officer Christine McCarthy revealed Fox films were at an operating loss of $170 million for the quarter. With these films performing lower than expected, it is forcing Disney to stop production for various 20th Century Fox titles and redirect their focus to key franchises like the newly acquired Marvel properties and Avatar. More on the report below.

...continue reading »
2022  ·   2021  ·   2020  ·   2019  ·   2018  ·   2017  ·   2016  ·   2015  ·   2014  ·   2013  ·   2012  ·   2011  ·   2010  ·   2009  ·   2008  ·   2007  ·   2006  ·   2005
Geeks of Doom is proudly powered by WordPress.

Students of the Unusual™ comic cover used with permission of 3BoysProductions
The Mercuri Bros.™ comic cover used with permission of Prodigal Son Press

Geeks of Doom is designed and maintained by our geeky webmaster
All original content copyright ©2005-2022 Geeks of Doom
All external content copyright of its respective owner, except where noted

This website is licensed under
a Creative Commons License.
About | Privacy Policy | Contact