6 votes

Anxiety, AWOL executives and "bloodshed": How Disney is making 21st Century Fox disappear

1 comment

  1. alyaza
    Link
    media of all forms are becoming increasingly consolidated, and this deal is going to add to that considerably. among other things, this would likely leave disney in a position where a full third...

    media of all forms are becoming increasingly consolidated, and this deal is going to add to that considerably. among other things, this would likely leave disney in a position where a full third of all movie tickets sold are for disney-owned movies:

    Disney's domination at the box office has grown exponentially in recent years — it commanded 26 percent of all tickets sold in North America in 2018 — and once the Fox nuptials are complete, Disney could easily account for more than a third of market share.

    an earlier article from last year by THR also notes that this deal would leave disney, which already controls about 30% of the market share at the box office, in a position where it controls something more like 40% (fox has about 9% market share):

    Disney's domination has surged in the past several years. It currently commands an unprecedented 30 percent of market share at the domestic box office, which will only grow upon the Fox merger. Fox's market share is roughly 9 percent; if Disney and Fox were already under one roof, that would equal 40 percent of the marketplace.

    fun stuff!

    2 votes