Why Disney's Fox Acquisition Might Mean Happier Fans
*By Max Godnick*
Disney may have won the bidding war for 21st Century Fox's prized assets, but if the deal goes through, fans may be the real victors.
"If you're a fan of Marvel, you're going to get the X-Men and the Fantastic 4 back with the Avengers," said Tim Baysinger, a TV reporter for The Wrap, in an interview with Cheddar on Friday. "How can you not be excited about that?"
Comcast, which announced this week it would not pursue its bid for Fox, cleared a path for Disney to complete its $71 billion acquisition of the company's movie studio and various cable channels. That means Marvel Studios, which Disney acquired for $4 billion in 2009, will also re-absorb rights to the "X-Men" and "Fantastic 4" movies, which had been controlled by Fox.
And if Disney's deal closes by next summer, Baysinger said Marvel could be poised to deliver some earth-shattering news at 2019's Comic-Con, an event the studio skipped this year.
"I would not be surprised if, a year from now, \[Marvel Studios President\] Kevin Feige is standing in front of Hall H announcing a Phase 4 slate that could very well include the 'X-Men' and the 'Fantastic 4,'" Baysinger said.
Next spring's follow-up to "Avengers: Infinity War" marks the end of Marvel's third phase in its theatrical release strategy. The studio has been quiet about plans beyond that, but a Fox deal may crystallize things.
It's an exciting prospect, given that critics [panned](https://www.rottentomatoes.com/m/fantastic_four_2015/) the latest installments of Fox's "X-Men" and "Fantastic 4" franchises, but have been [much kinder](https://www.rottentomatoes.com/m/avengers_infinity_war) to Disney's superhero fare.
"Marvel knows how to do their characters better than anyone else," Baysinger said.
For the full segment, [click here.](https://cheddar.com/videos/what-the-disney-fox-deal-means-for-fans)
Uncertainty continues to pummel the banking industry, despite assurances from financial regulators and bankers such as Jamie Dimon this week that the worst of the recent crisis is over and the health of the banking system remains strong.
Apple is leading Wall Street toward its biggest rally in nearly four months Friday after the market's most influential company reported a better profit than feared.
Apple once again posted an, until now, rare revenue decline in its latest fiscal quarter, but said its overall business improved from the December quarter and sales of its iPhones were solid.
America’s employers added a healthy 253,000 jobs in April, evidence of a labor market that still shows surprising strength despite rising interest rates, chronically high inflation and a banking crisis that could weaken the economy.
Danny Taing, founder and CEO of Bokksu, joined Cheddar News to discuss his path on how he became an entrepreneur to launch a company that delivers artisanal Japanese snacks. "When I moved back from Japan to New York, I had this bit of reverse culture shock ... a lot of people had somewhat of a one-dimensional view of Japan ... they saw this country where people ate sushi every day ... none of that is true," he said.
Will Rhind, CEO of GraniteShares, joined Cheddar News to discuss Thursday's trading session amid renewed fears over the regional banking crisis as well as concerns over the debt ceiling debate.
The United Food and Commercial Workers union, one of the country's largest, opposed the planned merger between grocery chains Kroger and Albertson's, according to The Wall Street Journal, citing concerns about lack of information and the potential viability of stores upon closing.
