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Disney Dumps Fox 2000 Label as Studio Restructuring Begins

It's the end of the media world as we know it and nobody should feel fine. That may sound dramatic but with the Disney / Fox merger complete and the ramifications now coming to light, it's clear this isn't going to be sunshine and rainbows. Case in point, it's been revealed that Disney is shutting down the Fox 2000 label, a label responsible for making mid-budget movies that are already having a tough time finding a home in the marketplace these days.

According to a new report, Fox 2000, which has been run quite successfully by executive Elizabeth Gabler, is getting the ax as Disney starts their layoffs and restructuring. It's expected that 4,000 employees will be laid off as the now massive media empire tries to do away with redundancies within their corporate structure. Disney now owns 11 different studio labels and at some point, that may qualify as redundant. As such, Fox 2000 will soon be no more.

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