By now, you’ve likely read about the agreement Disney and Fox have reached for the former to swallow up a big portion of the latter – specifically, Disney is paying $52.4 billion for most of 21st Century Fox.
It’s a move Disney is hoping will pay off on the streaming front, as it plans to launch two streaming services by 2019 and, thanks to the deal, will now have a much wider array of content to offer on those platforms, giving them the muscle they need to compete with the likes of Netflix and Amazon. The deal also includes Hulu, casting an even wider net on Disney’s streaming reach.
But what does the deal mean for the legacy of 20th Century Fox, which has been a major Hollywood film studio for decades? It has been responsible for movies like ‘The Sound of Music,’ ‘Avatar,’ and ‘Star Wars: A New Hope,’ so what does this mean for the ‘studio era’ of Hollywood? What will become of the 53 acre Fox movie lot in Century City? What did you find unique about Fox films?
Jonathan Kuntz, film historian and lecturer at the UCLA School of Theater, Film, and Television
Lael Loewenstein, KPCC film critic