In a move that insiders reportedly characterized as “rather inevitable,” The Walt Disney Company has decided to drop the “Fox” branding from its 21st Century Fox properties, 20th Century Fox and Fox Searchlight Pictures studios.
The Walt Disney Company acquired the 21st Century Fox properties, including 20th Century Fox and Fox Searchlight Pictures, for $71.3 billion in March 2019. While Disney acquired the Fox movie and television studios, the Fox broadcast network (Fox News) has remained part of the corporation headed by CEO Lachlan Murdoch.
This announcement comes at the end of a week that began with the announcement that three Fox and Fox Searchlight Pictures properties and releases, Jojo Rabbit, Breakthrough and Ford v Ferrari, have garnered Disney several 2020 Academy Award nominations.
20th Century Fox will now be known as 20th Century Studios, and Fox Searchlight Pictures will become Searchlight Pictures. There is no word on a decision regarding a change of name for the television studios.
20th Century Fox originally came about in 1935 as a result of a merger between Fox Film Corporation and Twentieth Century Pictures.