Hollywood endured a big setback this month, and it had nothing to do with the Oscars. A major studio, 20th Century Fox, officially disappeared into the mist, instantly transforming a once robustly competitive industry into a Disney oligopoly. The ultimate cost in jobs could range as high as 10,000, but the real cost will be in opportunity and competitive zeal.
I took the demise of Fox personally because it was the second studio loss I had witnessed. Years ago I had been a production chief at MGM when Kirk Kerkorian decided to pull the plug. Ironically, he and Rupert Murdoch had been trading offers for years for Fox and MGM, with Kerkorian foolishly snubbing him (MGM continued to stagger along for some years without serious funding commitments).
Fox’s history, like MGM’s, has wallowed in melodramatic triumphs and scandals –the corporate intrigues of Warner Bros and its corporate parents (At&T...
I took the demise of Fox personally because it was the second studio loss I had witnessed. Years ago I had been a production chief at MGM when Kirk Kerkorian decided to pull the plug. Ironically, he and Rupert Murdoch had been trading offers for years for Fox and MGM, with Kerkorian foolishly snubbing him (MGM continued to stagger along for some years without serious funding commitments).
Fox’s history, like MGM’s, has wallowed in melodramatic triumphs and scandals –the corporate intrigues of Warner Bros and its corporate parents (At&T...
- 2/22/2019
- by Peter Bart
- Deadline Film + TV
Similar News
Rebel Moon—Part Two: The Scargiver review: Zack Snyder's improved follow up is a messy but daring star war
- 4/19/2024
- by Jarrod Jones
- avclub.com
Star Wars: The Bad Batch Season 3 Episode 13 Calls Back To Hitchcock Thrillers And Classic Cinema
- 4/17/2024
- by Bryan Young
- Slash Film
It’s Time to Move on From The Darth Maul’s Fight; Anakin vs Obi-Wan Duel is the Best Lightsaber Fight in Star Wars
- 4/17/2024
- by Nishanth A
- FandomWire
Abigail review: A frequently funny dance of death
- 4/19/2024
- by Luke Y. Thompson
- avclub.com
‘Abigail’ Star Alisha Weir Talks Terrifying Vampire Transformation
- 4/19/2024
- by Hollywood Outbreak
- HollywoodOutbreak.com
The Fall Guy Stuntacular Coming to Universal Studios Hollywood
- 4/19/2024
- by Mirko Parlevliet
- Vital Thrills
“It forces you to get creative”: X-Men ‘97 Director Turned the Table on a Major Constraint for Episode 6 and Zack Snyder Needs to Take Notes
- 4/19/2024
- by Anuraag Chatterjee
- FandomWire
James Gunn Told Zack Snyder Dceu Villain Actor to “Let it go”: Star from James Cameron’s ‘Avatar’ Can Take His Spot
- 4/19/2024
- by Laxmi Rajput
- FandomWire
“I was like, ‘Oh, Tom already told me’”: Tom Cruise Gave a Surprise Call to Zack Snyder for Another Movie Before Their Watchmen Collaboration That Never Happened
- 4/19/2024
- by Nishanth A
- FandomWire
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.