Disney has finally announced to rename 20th Century Fox to set afar itself from its legendary film studio from the assets of media tycoon Rupert Murdoch, as reported by US media.
The entertainment organisation acquired most of the assets of 21st Century Fox group last year last year, while former owner Murdoch and his shareholders kept several TV channels, including ‘Fox News.‘
It was also reported by Variety Magazine that the entertainment giant decided to rename its subsidiary to remove all links with Fox due to the ultra-conservative image of Murdoch and his Fox News channel.
Disney’s decision is a symbolic step for one of Hollywood’s founding studios, which began production in 1914 and merged with 20th Century Pictures in 1935.
The Fox Searchlight studio, 20th Century Fox’s younger sibling, will also be rebranded as Searchlight Pictures.
Disney has yet to decide on the fate of television studios 20th Century Fox Television and Fox 21 Television, according to Variety.
Disney did not respond to AFP’s request for comment.