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- The Disney-Fox merger is expected to close early this year, at which point Disney will own Fox's film studio and many of its television assets.
- Disney bought Fox last year for $71.3 billion.
- We looked at the key players post-merger, including Peter Rice and Dana Walden on the TV side, and Alan Horn and Emma Watts on the film side.
Disney ruled 2018 with blockbusters like "Avengers: Infinity War," "Black Panther," and "Incredibles 2," the three biggest movies in the world of the year. In 2019, it's likely to repeat its dominance and could even surpass its record 2018 with expected hits like "Avengers: Endgame," "The Lion King," and "Star Wars: Episode IX."
But beyond the box office, Disney's biggest test yet could lie ahead in 2019.
Disney bought Fox's film studio and many of its television assets last year in an industry-shaking deal worth $71.3 billion. It raised its offer from $52.4 billion after Comcast swooped in with its own $65 billion offer. After a brief bidding war, Comcast ended its bid in July, and shareholders quickly greenlit Disney's purchase of the assets.
Disney CEO Bob Iger said in an earnings call in November that the merger will close in early 2019 (it had previously been expected to close by January 1). At that point, Disney will officially own the Fox assets, including popular film franchises like "Avatar" and Marvel's "X-Men."
Now the biggest challenge facing Disney is how to integrate Fox leadership and assets into the company, as the Mouse House also prepares to launch its streaming service, Disney+, which is expected later this year. But some longtime Fox executives have already been positioned in key roles throughout Disney.
They include 21st Century Fox president Peter Rice, who has been named chairman of Walt Disney Television and will be in charge of the companies' combined television assets, as well as finding content for Disney+ to compete in the streaming war; and Dana Walden, a Fox veteran who will transition from Fox TV Group chairman into her new role as chairman of Disney TV Studios and ABC Entertainment.
But as with any company shakeup, there will be casualties.
Among the high-profile executives leaving: 20th Century Fox Film chairman Stacey Snider was not asked to join Disney; Ben Sherwood, Disney
Fox executives reportedly make 20% more in salary than those at Disney, and are not expected to take pay cuts once they join Disney, according to Deadline (we'll see whether this forces salary bumps for current Disney execs staying with the company).
We rounded up the key players in the Disney-Fox deal, who will lead Disney post-merger and be tasked with overseeing some of the most lucrative properties in Hollywood and the world.
Below are Business Insider's power players of the Disney-Fox merger: