X-Men coming home next week as Disney successfully acquires 20th Century FOX3 min read

After about 15 months of scrutiny and formalities, Disney has fixed 20th March 2019 as the closing deal date for the acquisition of the majority of 20th Century FOX’s shares. That includes some of the finest franchises the studio has acquired over its 83 years run. While the news might come as a nightmare for some in the industry with analysts referring Disney attempting to lay off about 5000 employees from both sides, this is a welcome rain for comic book fans. Let’s rewind the clock a bit as to why?

In the late 1980s and 1990s MARVEL acquired many smaller or bigger companies. Despite Marvel’s humongous successes in the early 1980s, it lost ground to rival DC in the latter half of the decade as many former Marvel stars defected to the competitor. It suffered a blow in early 1992, when seven of its most prized artists — Todd McFarlane (known for his work on Spider-Man), Jim Lee (X-Men), Rob Liefeld (X-Force), Marc Silvestri (Wolverine), Erik Larsen (The Amazing Spider-Man), Jim Valentino(Guardians of the Galaxy), and Whilce Portacio(Uncanny X-Men) — left to form Image Comics in a deal brokered by Malibu Comics’ owner Scott Mitchell Rosenberg.

As the industry’s other major publishers made exclusive distribution deals with other companies, the ripple effect resulted in the survival of only one other major distributor in North America, Diamond Comic Distributors Inc. Then, by the middle of the decade, the industry had slumped, Almost overnight comics went from millions in sales to only a few hundred thousand and in December 1996 MARVEL filed for Chapter 11 bankruptcy protection.

In early 1997, when Marvel’s Heroes World endeavor failed, Diamond also forged an exclusive deal with Marvel—giving the company its own section of its comics catalog Previews.MARVEL didn’t have a studio backing, like DC had WB, and also with no history of success in moving their properties into the film arena. So MARVEL sold many of its characters to different studios. Among one of them were the X-Men which Marvel sold to FOX. Read the article from 1996 here.

After about 23 years of the deal and 10 years after Disney acquired Marvel Entertainment, the X-Men are finally returning home. While it might take a few years to fully incorporate the mutants in the Marvel Cinematic Universe after Disney decides what to do with the current run of X-Men, it is a monumental event for all Marvel fans. How will they be incorporated? Marvel aficionado Kevin Feige says he has a ton of idea on how to do it. We previously discussed one possibility of how can the mutant gene be brought up in the MCU, you can further discuss it as well as other possibilities in your mind, in the forums or the comment section below.

“When two aggressive species share the same environment , evolution demands adaptation or dominance.”

The Knight

A superhero enthusiast who has a sweet tooth for classical film-making. Thus The Dark Knight and Logan remains his all time favorite CBMs. Also tries to write content which is not only good in its own respect but also brings out the best in his readers.

You may also like...

Leave a comment

Please Login to comment
Notify of
Left Menu Icon