After posting a $170 million dollar operating loss, Disney CEO Bob Iger made a statement to Wall Street analysts on Tuesday during Disney’s quarterly earnings call that all Marvel characters under the Fox brand would move under Kevin Fiege’s authority. Additionally it was stated that a majority of the Fox movie slate under development would be canceled and re-evaluated. Iger was quoted that future Fox projects would move “in a new direction, with an all new development slate that will focus on a select group of properties.”
This of course casts doubt projects like Alien and Alita due to their poor to lackluster box office results. However, it was revealed that projects like Avatar and Planet of the Apes would continue moving forward as a brand with the latter an indirect announcement of a sequel in development. Iger stated that, “It will probably take a solid year, maybe two years, before we can have an impact on the films in production. We’re all confident we’re going to turn around the results of Fox live action.” It seems that only films past 2020 will be affected as Steven Spielberg’s take on “West Side Story,” the Amy Adams thriller “Woman in the Window” and Brad Pitt’s astronaut drama “Ad Astra” take dates up to that point.
Additionally this news makes statements by Deadpool 2 director David Leitch stated Deadpool 3 may be PG-13 as expected. Just a few days ago this may have come as a surprise, considering that Bob Iger stated there was room for R rated Marvel movies, after hearing that Kevin Fiege is taking control of the character it seems to be expected. In an interview with Yahoo UK David Leitch stated “It's [Deadpool] rated R so that's not necessarily the [MCU] brand but he doesn't necessarily need to be R and [Disney] don't necessarily need to only make PG-13 movies.” Leitch also expressed to Yahoo Movies UK. “I think we'll find a happy ground.”
Happy ground will remain to be seen as a huge fan base has grown under Ryan Reynolds’ crude portrayal of the “merc with a mouth". Taking away what caused audiences to fall in love with the character may backfire right in Disney’s face.
What’s your opinion of this news? Pessimism? Optimism? Just wait and see?