TCA 2018: Fox TV Execs Say ‘Business as Usual’ Until Disney Deal Closes

TV Group heads Walden and Newman quiet on their plans for the future
Author:
Updated:
Original:
FoxTCA-WaldenNewman-4x3.jpg

Read More: MCN's Complete Coverage of #TCA18

Pasadena, Calif. — Fox execs were quick to address the “mouse” in the room Thursday, during the network’s 2018 TCA winter press tour session.

“Over the next 12 to 18 months it’s really business as usual,” said Dana Walden, chair and CEO, Fox Television Group, referring to the time period it is expected to take for Disney’s acquisition of Fox assets, including the television studio, to close.

In December, Disney announced plans to acquire 20th Century Fox’s movie and television studios along with channels FX, FXX, and National Geographic and Fox’s 22 regional sports networks.

Related: Iger: Says Fox Will Help Accelerate Direct-to-Consumer Plans

Fox News Channel, Fox Business Network, Fox Sports and Fox O&Os will all be spun off into what Newman called “New Fox.”

“I would be lying if I didn’t say there wasn’t anxiety that week the deal was announced,” said Gary Newman, chair and CEO of Fox Television Group. “All of us talked with many of our producers about it, and I think that we assured them that this is going to be business as usual.”

“I think the future bodes extremely well for the creators who are working for 20th, whether their shows are at Fox or otherwise,” Newman added. “We think the studio is going to remain very robust and the future will be bright for our creative partners.”

After that 12-18 months, though, Newman said they don’t know what will happen.

“I certainly did not mean to give any hints as to what the future might be,” said Newman. “The truth is we really don’t know. But I will tell you that we remain super committed to the network and studio.”

Walden echoed Newman’s sentiment, adding: “I think there’s so much to be done. We are incredibly committed to our team.”

Read more at broadcastingcable.com.

Related