After months of talks and negotiations, the Disney and Fox merger was finalized at 12:02 a.m. EST on Wednesday, March 20.

With the completion of the $71 billion USD deal, Disney’s empire has expanded exponentially having now acquired the rights to The Simpsons, Deadpool, X-Men, Family Guy and much, much more. The new merger will also see both the X-Men and Fantastic Four franchises reverting back to Disney and Marvel Studios after spending two decades at Fox.

Disney CEO Bob Iger called this a historic moment for the corporation, citing:

“This is an extraordinary and historic moment for us — one that will create significant long-term value for our company and our shareholders. Combining Disney’s and 21st Century Fox’s wealth of creative content and proven talent creates the preeminent global entertainment company, well positioned to lead in an incredibly dynamic and transformative era.”

However with this big news comes varying reactions from fans, ranging from both positive to negative. Check out a few of the reactions below which also includes a post from Deadpool star Ryan Reynolds.

And for more insight, take a look at our feature: “See What Disney Will Acquire in the Fox Merger.”

Click here to view full gallery at HYPEBEAST





Source link