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Disney Is In Early Talks To Buyout Fox

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Walt Disney Company is trying to continue their dominance in film and television with their latest power move. CNBC is reporting that Disney is early talks to buy a portion of Fox. The two companies have been in talks for several weeks.

Fox would change its growth strategy and focus on news and sports, according to people familiar with the situation. The talks have taken place over the last few weeks and there is no certainty they will lead to a deal. The two sides are not currently talking at this very moment, but given the on again, off again nature of the talks, they could be revisited.

Disney already owns a large portion of the biggest media companies, Lucasfilm, Marvel Studios, ABC, ESPN, and they even own 47% of Amazon. Disney is interested in 21st Century Fox, which includes FX, Nat Geo, and the 20th Century Fox movie studio. The company has also announced plans to launch their own digital service to compete with Netflix and Hulu.

The potential deal would not include the Fox broadcast network.“Fox’s sports programming assets in the belief that combining them with ESPN could be seen as anti-competitive from an antitrust standpoint,” and the sale would not include Fox News or Fox’s business channel.

For comic book fans, this can be the beginning of a new era with Disney taking back the rights to many of Marvel’s characters. The Avengers movies could refer to mutants, Wolverine could become an Avenger, and Deadpool could team up with Spider Man. Ok. Maybe not the last one, but you get the point.

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VIA: CNBC

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Lebron James Producing ‘Friday The 13th’ Reboot

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Lebron James is rebooting another cult classic.

James SpringHill Entertainment company and Vertigo Entertainment, the latter of which produced It, are producing a remake of Friday The 13th.

The success of the Halloween and It are key factors to trying to reboot the horror franchise featuring Jason. The franchise also has been on hold due to lawsuits from the original screenwriter Victor Miller. Miller won his case in court retaining the rights to his screenplay.

The plaintiffs, which include producer and director Sean Cunningham, could still appeal, and one item not on the table at the trial was who controls the rights to the character of Jason Vorhees, who dies as a young boy in the first movie but becomes the unstoppable hockey mask-wearing killer the franchise would become known for.

Settlements or future legal battles could still occur. Another foil is that the legal decision seems to indicate that Miller will control the rights in the U.S. The producers and Warner Bros., which last made a movie through New Line, control certain international territories.

According to THR, no writers have been signed on yet.

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Wonder Woman 1984 Pushed Back To Summer 2020

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Wonder Woman is moving to a summer release.

The sequel to Wonder Woman was originally set for Nov. 1, 2019, now Wonder Woman 1984 is delayed to June 5, 2020.

Gal Gadot tweeted out the news on Monday. “Super excited to announce that, thanks to the changing landscape, we are able to put Wonder Woman back to its rightful home. June 5, 2020. Be there or be square!!!” wrote the action star.

According to THR,  Warners president of domestic distribution said in a statement shortly after Gadot’s tweet that, “We had tremendous success releasing the first Wonder Woman film during the summer so when we saw an opportunity to take advantage of the changing competitive landscape, we did. This move lands the film exactly where it belongs.”

This is a big move for Warner Bros. The movie is set to be released weeks before Top Gun: Maverick, Dwayne and Johnson’s Red Notice. The movie will also follow up the Disney sequel to Maleficent 2 and Godzilla vs King Kong.

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Netflix Cancels Luke Cage Series

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It looks like Luke Cage is the latest Marvel Hero to get canceled.

Netflix announced they would be canceling the series just a week after canceling Iron Fist. “Unfortunately, Marvel’s Luke Cage will not return for a third season,” Marvel and the streaming service said on Friday. “Everyone at Marvel Television and Netflix is grateful to the dedicated showrunner, writers, cast and crew who brought Harlem’s Hero to life for the past two seasons, and to all the fans who have supported the series.”

The second season had Luke Cage embracing his fame after the events of Defenders until Bushmaster played by Mustafia Shakir shows up to claim Harlem. Bushmaster wanted control of Harlem’s gangs, something that not only puts him on Luke’s to-punch list, but also in the crosshairs of Mariah (Alfre Woodard,) who has consolidated her control of Harlem and isn’t interested in interlopers. Fortunately, Luke isn’t without backup, as Misty Knight (Simone Missick) has a bright shiny new robot arm to beat up goons with.

Luke Cage was one of the best shows on Netflix, its sad day that creative difference between the higher-ups means no show for the fans.

VIA: Deadline

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