Sony gives literary film division, axed by Disney, a second life - News Summed Up

Sony gives literary film division, axed by Disney, a second life


Gabler, 63, was previously president of Fox 2000, a division of 20th Century Fox, which Disney absorbed in March as part of a $71.3 billion deal with Rupert Murdoch. In addition to “Life of Pi” and “The Devil Wears Prada,” Fox 2000 hits include “The Fault in Our Stars,” “Hidden Figures,” “Marley & Me” and the “Diary of a Wimpy Kid” series. To the surprise of many in Hollywood — Gabler in particular — Disney immediately pulled the plug on Fox 2000; Disney had signalled for months that it intended to keep it running. “The Hate U Give” was one recent Fox 2000 disappointment, costing roughly $50 million to make and market and collecting $35 million worldwide last year, about half of which went to theatre owners. “This re-establishes us as a big buyer,” Gabler said, referring to her all-female Fox 2000 team, which she will take with her to the new division.


Source: bd News24 July 16, 2019 05:26 UTC



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