The Walt Disney Co. will acquire most of 21st Century Fox in a historic $52.4 billion deal
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The Walt Disney Co. will acquire most of 21st Century Fox in a historic $52.4 billion deal

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Disney acquiring 21st Century Fox

It’s official: The Walt Disney Company and 21st Century Fox announced this morning that they have entered into a definitive agreement for Disney to acquire the vast majority of Fox, including the 20th Century Fox film and television studios, for a whopping $52.4 billion in stock.

“The acquisition of this stellar collection of businesses from 21st Century Fox reflects the increasing consumer demand for a rich diversity of entertainment experiences that are more compelling, accessible and convenient than ever before,” Disney chairman and CEO Bob Iger said in a statement on Thursday. Iger has also extended his contract with the company through the end of 2021 to help oversee the acquisition process.

“When considering this strategic acquisition, it was important to the Board that Bob remain as Chairman and CEO through 2021 to provide the vision and proven leadership required to successfully complete and integrate such a massive, complex undertaking,” said Orin C. Smith, lead independent director of the Disney board.

Iger says Disney is “honored and grateful that Rupert Murdoch has entrusted us with the future of businesses he spent a lifetime building, and we’re excited about this extraordinary opportunity to significantly increase our portfolio of well-loved franchises and branded content to greatly enhance our growing direct-to-consumer offerings.”

The newly announced deal will place the X-Men, Fantastic Four, and Deadpool under Marvel control, meaning that they are bound to show up in the Marvel Cinematic Universe in one way or another over the course of the next few Marvel films. Disney claims the control of these properties will allow them to “create richer, more complex worlds of inter-related characters and stories that audiences have shown they love.”

In addition, Disney will also now have control over Fox Searchlight, 20th Century Fox’s sister company specializing in the financing and distribution of independent, art-house, and foreign films. The studio has introduced audiences to films such as Little Miss Sunshine and 12 Years a Slave over the years and is already having an exceptional awards season with The Shape of Water and Three Billboards Outside Ebbing, Missouri. Though, as Disney continues to integrate the assets it has acquired into its company, the future of Fox Searchlight will remain uncertain.

“We are extremely proud of all that we have built at 21st Century Fox, and I firmly believe that this combination with Disney will unlock even more value for shareholders as the new Disney continues to set the pace in what is an exciting and dynamic industry,” Murdoch said.

He continued, “I’m convinced that this combination, under Bob Iger’s leadership, will be one of the greatest companies in the world. I’m grateful and encouraged that Bob has agreed to stay on, and is committed to succeeding with a combined team that is second to none.”

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The ‘Uncharted’ movie is probably just one of those things that’s never actually going to get made

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Uncharted
NAUGHTY DOG/SONY INTERACTIVE

Between Spider-Man parting ways with the Marvel Cinematic Universe and now this new development regarding the long-in-the-works film adaptation of Uncharted, it’s been a pretty eventful and rather unfortunate week for Tom Holland.

Dan Trachtenberg, the fifth director to be attached to Uncharted, has reportedly exited the project for unspecified reasons, though it’s likely it had to do with creative differences or whatever bullshit excuse it is that these studios manage to pull out of their asses whenever a director leaves a high-profile project.

Again, Trachtenberg was not the first, second, third, or fourth director to be attached to be Uncharted, but the FIFTH. David O. Russell, Neil Burger, Seth Gordon, and Shawn Levy were all attached to the project at one point or another but ended up leaving for various different reasons.

On the bright side (?), however, Sony is already looking to lock down a replacement for Trachtenberg and a new director should be in place soon in anticipation of the film’s early 2020 production start.

But, like, let’s be real here for a second; what are the chances of the Uncharted movie actually happening at this point? This is a truly cursed production and if it does actually ever get made, I vow to release my tax returns.

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Adam Driver and Annette Bening work to expose the CIA’s torture program in ‘The Report’ trailer

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The Report
AMAZON STUDIOS

Another day, another trailer for a movie starring Adam Driver; a few days after Netflix blessed us with two teasers trailers for Noah Baumbach’s Marriage Story, Amazon Studios has released the first trailer Scott Z. Burns’ The Report.

Driver stars here as idealistic staffer Daniel J. Jones, who is tasked by his boss Senator Dianne Feinstein (Annette Bening) to lead an investigation of the CIA’s inhumane Detention and Interrogation Program, which was formed in the wake of 9/11 and used “enhanced interrogation techniques” — that’s government codeword for torture.

“Jones’ relentless pursuit of the truth leads to explosive findings that uncover the lengths to which the nation’s top intelligence agency went to destroy evidence, subvert the law, and hide a brutal secret from the American public,” reads the synopsis.

In addition to Driver and Bening, The Report features one hell of an impressive ensemble cast that includes the likes of Jon Hamm, Sarah Goldberg, Michael C. Hall, Douglas Hodge, Fajer Kaisi, Ted Levine, Jennifer Morrison, Tim Blake Nelson, Linda Powell, Matthew Rhys, T. Ryder Smith, Corey Stoll, and Maura Tierney.

The film premiered at and was purchased out of the Sundance Film Festival in January and currently boasts a 94% approval rating on Rotten Tomatoes, so it sounds like we’re going to be in for quite a treat when The Report hits theaters on November 15 and Prime Video on November 29.

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Charlize Theron, Nicole Kidman & Margot Robbie glare intensely at each other in the ‘Bombshell’ trailer

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Bombshell
LIONSGATE

Despite taking place entirely in a hot, stuffy elevator and featuring little to no dialogue, the first trailer for Jay Roach’s Fox News drama Bombshell about the downfall of Roger Ailes does a pretty damn good job of showcasing what is likely to be a serious contender this awards season.

Written by Charles Randolph, Bombshell chronicles the inevitable collapse of Ailes’ reign at Fox News, where he served as chairman and CEO up until his resignation in 2016 amid dozens of sexual harassment and abuse allegations from several female employees at the conservative media empire.

Among the many women who accused Ailes of misconduct were former Fox News hosts Megyn Kelly and Gretchen Carlson, who are played here by Charlize Theron and Nicole Kidman, respectively, while Margot Robbie plays as a fictional associate producer named Kayla Pospisil.

As if those three stars weren’t enough, the film’s ensemble cast also includes the likes of John Lithgow (who plays Ailes), Allison Janney, Kate McKinnon, Malcolm McDowell, Mark Duplass, Rob Delaney, and Stephen Root.

I don’t know about you, but I dig everything about this trailer (I could literally watch Nicole Kidman, Charlize Theron, and Margot Robbie glaring at each other in an elevator all day) and I’m actually pretty excited to see how Bombshell turns out when it drops in December.

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