The Disney-owned Fox is to significantly reduce its cinema output.
Well, here’s some, sigh, cheery news. There was a deep suspicion that when Disney bought up Fox and the 20th Century Fox film studio, that it’d mean savage cuts somewhere along the line. It’s little secret that Disney bought Fox with an eye on generating material for its Disney+ streaming service, but it now appears that the cull to theatrical releases is more than feared.
Fox had been making a dozen or so movies a year at least, but once already in production titles have been released, Disney has now reportedly mandated that Fox will make just four films for cinemas each year. That the rest of its output is for Disney+.
It comes as 20th Century Fox changes its name to 20th Century Studios and goes to the fears many had when the megamoney takeover was first announced. That the clickbait was around X-Men joining the Marvel Cinematic Universe, but the hard truth was always going to be thousands of lost jobs and a deep reduction in movies.
If 20th Century Studios follows the Disney path, those four releases will focus on existing franchises, but there’s the small matter of the numerous Avatar sequels to get through before we know that for certain.
More as we hear it.
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