The harmful effects of this are far-reaching, with damage done to competition, wages, business formation, innovation, and more. economy is in the midst of a “ concentration crisis” in which industry after industry is being dominated by one company or a small handful of companies that control markets, and Hollywood is no different. Even if you consider yourself a dedicated Disney fan, this should concern you. Within the next couple of years, there is a good chance that the majority of all money made from wide-release movies will go into the pockets of the Walt Disney Company. And the 21st Century Fox deal gives Disney post-theatrical distribution rights for hundreds of major films, from Fight Club to Titanic. This isn’t lost on the increasingly franchise-focused company, as Disney is already planning for four more Avatar films. As a result, Disney now stands to profit from franchises like Avatar, Deadpool, Fantastic Four, Ice Age, Kingsman, Independence Day, X-Men, and more. This year, the Walt Disney Company finalized its purchase of most of 21st Century Fox’s assets, including the Fox film studio and Fox’s distribution deal with Regency Enterprises. Since then, Marvel Studios and Lucasfilm have been behind another 14 movies for Disney, earning hundreds of billions of dollars in ticket sales and countless billions more in merchandise and property tie-ins. By the end of 2015, Disney had surpassed its 1990s peak thanks to the release of ten wildly successful Marvel films and two Lucasfilm movies, including the start of its lucrative new Star Wars trilogy.
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