Despite promises to the contrary, massive changes to Fox Studios after the Disney merger are already happening. Fox 2000, the studio behind films like The Devil Wear Prada, has been shuttered, putting approximately 5,000 people out of work. Additionally, it’s being reported that Fox, as a studio, will only put out four theatrical films a year, and four streaming films a year, with a more precise focus on what does and doesn’t get made.
Disney CEO Alan Horn is now responsible for green-lighting films, with Ryan Reynolds’ Free Guy said to be a tentpole film for the studio, and Ridley Scott now attached to a Merlin film. Additionally, projects that were previously shut down, such as Noah Hawley’s Alien TV series are being revived, after Fox film boss Stacey Snider, who was voraciously against film franchises being brought to life on the silver screen, was let go.
It’s only been two days, and the entire slate of films at Fox Studios has been completely shaken up. Expect to hear more as time goes on, and Disney’s presence becomes more and more of a focus.
What felt like one of the craziest rumors in Hollywood just a short year ago has now come to pass, as Disney has announced its acquisition of 21st Century Fox, and all its properties and holdings. The companies have finalized and issued cash and outstanding shares, and the deal will become effective at 12:02 a.m. Eastern Time tomorrow, March 20th.
While it’s still unclear how this affects the future of the Marvel Cinematic Universe and Fox’s numerous franchise’s, Disney has already revealed it will continue to release movies under the 20th Century Fox, and Fox Searchlight banners.
Beloved game studio, Telltale Games, creator of many of the best narrative-based video games such as Batman: The Enemy Within, The Walking Dead, and Guardians of the Galaxy, has announced that effectively immediately, its doors are now closed. The closure has forced over 250 workers out of employment with no severance packages of any kind, while a small crew has been retaining to finish Minecraft: Story Mode, for Netflix. All future projects have been cancelled, with The Walking Dead: The Final Season Episode 2 to hit tomorrow.
Telltale Games was also working on a new Stranger Things game for Netflix as well, but it seems that project will no longer come to fruition. In a statement with Variety, Netflix has revealed that they are looking for other ways to bring the Stranger Things universe to life in the world of video games.
We are saddened by the news about Telltale Games – they developed many great games in the past and left an indelible mark in the industry. Minecraft: Story Mode is still moving forward as planned. We are in the process of evaluating other options for bringing the Stranger Things universe to life in an interactive medium.