20th Century Fox Takes Final Bow at CineAsia

  • Variety
If it is possible to feel sympathy for the demise of a competitor, such feelings were on display Wednesday evening at the CineAsia distributors and exhibitors’ convention in Hong Kong.

20th Century Fox made what was expected to be its final product presentation at the event as an independent studio. The mega-acquisition of Fox by Disney is scheduled to be completed in the first half of next year, a move that reduces the number of Hollywood “majors” from six to five. Job losses and other consolidation is expected.

Corridor talk for the past two days at the Hong Kong Convention and Exhibition Centre has been as much about when and where the Disney ax might fall as it has been on the U.S.-China trade war and theatrical technology. There is a certainty of disruption and an anticipation of pain as a result of the Disney-Fox deal, even in the growing Asia-Pacific region.
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