The number of major Hollywood studios will dwindle from six to five, as Disney is set to acquire 21st Century Fox in an industry-shaking deal, according to The Hollywood Reporter. Never before has a major studio bought another, but all that will change unless the SEC blocks the merger on anti-trust grounds. The most significant acquisitions for Disney include the 20th Century film and TV studios, as well as a majority stake in Hulu. Disney will now control the Avatar franchise, as well as a bundle of new Marvel properties to add to their vast collection: X-Men, Deadpool, and Fantastic Four. The ramifications for 20th Century Fox TV as well as a host of Fox executives are particularly unclear. The merger will take place over the next 12 to 18 months.
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