Disney Drops 'Fox' From Twentieth Century Movie Studio Name
January 17 2020 - 3:16PM
Dow Jones News
By R.T. Watson
Walt Disney Co. renamed the Twentieth Century Fox movie studio,
which it acquired last year, dropping the "Fox" to make it
Twentieth Century Studios, according to a Disney spokesman.
Disney also changed the name of Fox Searchlight Pictures, a
sister studio traditionally known for lower-budget, artier films --
to simply Searchlight Pictures.
The change is already apparent in marketing materials for at
least two coming films: Twentieth Century Studios' "Call of the
Wild," starring Harrison Ford, and Searchlight Pictures'
"Downhill," with Will Ferrell and Julia Louis-Dreyfus.
Television ads for both movies include Fox-free studio
logos.
When Disney completed its $71.3 billion purchase of 21st Century
Fox's major entertainment assets last March, it added the two
companies to its empire, making it the world's largest movie
studio. For decades, both Twentieth Century Fox and Fox Searchlight
ranked among Hollywood's premiere destinations for filmmakers.
One impetus for the change, according to a person familiar with
the matter, was potential confusion that could arise over the word
" Fox," since the 21st Century Fox assets Disney didn't acquire --
including the Fox broadcast network and Fox News -- are now part of
a company called Fox Corp.
Disney didn't alter the names of Pixar Animation Studios, Marvel
Entertainment or Lucasfilm Ltd. after it acquired them.
The past year was a troubled period at the box office for
Twentieth Century Fox, hampered in par t by layoffs and attrition
in the company's marketing and publicity departments. The X-Men
movie "Dark Phoenix" flopped while the well-reviewed
science-fiction film "Ad Astra," starring Brad Pitt, failed to
connect with audiences and delivered lackluster results.
Searchlight's "Jojo Rabbit" has garnered seven Oscar
nominations, including one for best picture. Another best-picture
nominee, "Ford v Ferrari," originally developed by Twentieth
Century Fox, is nominated for four Academy Awards after grossing a
robust $111.7 million domestically.
The Twentieth Century Fox name had been in use since 1935, after
a merger between the Fox Film Corporation and Twentieth Century
Pictures. Fox Searchlight was created in 1994.
The Disney-Fox deal also included television assets such as the
FX cable network and National Geographic properties.
(END) Dow Jones Newswires
January 17, 2020 15:01 ET (20:01 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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