https://www.hollywoodreporter.com/news/disney-buy-21st-century-fox-assets-including-film-studio-bob-iger-extends-2021-1065347?utm_source=twitter
So for those who haven't heard, for a while now Disney was in talks in buying assets for 21st century fox, in particular the entirety of 20th century fox studios (essentially everything but cable news). Which would mean productions such as Simpsons, Star Wars (distribution rights), Avatar, X men and Fantastic Four (although Constantine still has the rights it'll be unlikely they end up being financed for another F4 movie). The value of said purchase was predicted to be around 80 billion. Today the deal is official and the purchase was about 52.4 billion ( I guess Disney picked it up during a steam sale).
Personal thoughts on of the largest concern I've came across on the net:
Disney will end up becoming a monopoly/ too powerful.
For starters no, even with this deal Disney will not end up becoming monopoly, since; WB, Universal, Sony and another one are still in the game and despite Disney's efforts this year WB managed to match Disney's Box Office numbers in November, although will end up be overtaken with the upcoming Last Jedi.
What particularity annoys me about this argument is that those who make this argument end up being the same people that complain about how major studios also want to start their own streaming services and would rather prefer to use only one, which mind you such a business model would be so unsustainable I would be legally obligated to anyone who thinks this is a good idea, throw them out of a building onto the pavement in wall street and call it a legal suicide.
Even if in the event Disney somehow purchased all the studios became a monopoly of the box office and end up killing the movie industry, guess what in the long run all of that will be fine. Industries ebb and flow, more often than not when an industry comes back from the dead it'll be more stronger than its previous incarnation (death of atari gave us nintendo, the dying of cable gave us streaming, the dying of the dinosaurs gave well us and that was pretty much a down grade, making this entire paragraph pointless).
So do I think Disney is perfect, no. Do I think there's only good in this deal, no. For it has been estimated about 3000 people will end up losing their jobs, I guess one could pass it off as just business but you know what else was a business, the international slave trade.