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)
The labor market continues to defy the Federal Reserve’s attempts at loosening it, with U.S. applications for unemployment benefits down again last week and remaining at historically low levels.
General Motors (GM) announced that it will stop production on the current sixth generation of the iconic Chevrolet Camaro. Production at the Lansing Grand River Assembly Plant in Michigan is expected to end in January 2024.
Web browser Mozilla is investing $30 million into launching a startup, called Mozilla.ai, focused on building a "trustworthy, independent, and open-source AI ecosystem."
The Federal Aviation Administration (FAA) is launching a new plan to avoid flight delays in New York City and Washington, D.C. this summer. The plan will lower requirements for airlines to obtain take off and landing rights to help avoid congestion.
Lawmakers grilled TikTok CEO Shou Zi Chew on Thursday in a high-stakes hearing on the future of the popular, Chinese-owned video sharing platform in the U.S.
Actress Lindsay Lohan appears at the Christian Siriano Fall/Winter 2023 fashion show in New York, Feb. 9, 2023. The Securities and Exchange Commission said Wednesday, March 22, that Lohan, rapper Akon and several other celebrities have agreed to pay tens of thousands of dollars to settle claims that they promoted crypto investments to their millions of social media followers without disclosing they were being paid to do so.
Cheddar News breaks down what to look for on The Day Ahead, as TikTok CEO is scheduled to testify before Congress on Thursday while earnings from General Mills and Darden Restaurants are on tap. Residential sales data for February is also scheduled to be released.
Virgin Orbit is reportedly in talks for a $200 million rescue plan and the company said in a regulatory filing that it plans to resume operations on Thursday.
