Yeah, the famous free and unbiased market
Comment on Was Disney's Fox purchase a huge waste of money?
deweydecibel@lemmy.world 10 months ago
It wasn’t a waste of money to prevent another studio buying them up and using those properties against them.
That’s why consolidation like this really needs more anti-trust scrutiny. If Fox was going to be sold, it should never have been Disney that was allowed to buy it. They eliminated a major competitor and took all its resources away from everyone else. That’s not a healthy market.
HenriVolney@sh.itjust.works 10 months ago
chickenwing@lemmy.film 10 months ago
Perhaps but there has always been the Big 5 major studios. Right now there is Universal Pictures, Paramount Pictures, Warner Bros., Walt Disney Studios, and Sony Pictures. Used to Sony wouldn’t be counted or they would say big 6 but there has normally been 5 major studios. One dies another takes it’s place.
RKO and MGM used to be part of the big 5 back in the day now gone but replaced. I think the same will happen here. Someone will fill the gap. Apple is spending big money for Scorsese and Ridley Scott. Amazon and Netflix are also trying to be players. I don’t think Disney made the dent in competition that they thought they were going to make.