The network is going to lose the studio that provides most of its programming as a corporate sibling.
The 2018 Television Critics Association winter press tour is unfolding in an era of gigantic headlines, many of which rocked Hollywood throughout 2017 and will continue to do so well into this new year.
From the ongoing revelations of sexual misconduct on the part of some of Hollywood’s best-known names to the continued entry of tech companies into the world of movies and TV, the entertainment industry is changing rapidly, in ways that have brought old secrets to light and destabilized ancient ways of doing business.
But few stories will continue to have the impact of Disney’s purchase of most of the assets of 20th Century Fox, including Fox’s film and TV assets, even though the Fox Broadcasting network will remain with 20th Century Fox. (FCC regulations say Disney, which already owns ABC, can’t own more than one broadcast network.)
Because the Fox Broadcasting network was the first one to appear before reporters at the press tour, it seemed like TV journalists would get an early look at how the proposed merger will affect the network once it’s finalized, somewhere between 12 and 18 months from now.
There’s a lot on the line — especially at a time when the best way to make money with a broadcast network is to program as many shows from corporate cousins as you possibly can, something Fox will no longer be able to do with its TV production arm owned by Disney.