Following last year’s Disney buyout, 20th Century Fox was officially dissolved this month, as Peter Bart reports for Deadline. While Marilyn’s feelings for her home studio were mixed at best, it’s a bittersweet moment in movie history.
“Hollywood endured a big setback this month, and it had nothing to do with the Oscars. A major studio, 20th Century Fox, officially disappeared into the mist, instantly transforming a once robustly competitive industry into a Disney oligopoly. The ultimate cost in jobs could range as high as 10,000, but the real cost will be in opportunity and competitive zeal.
Fox’s history, like MGM’s, has wallowed in melodramatic triumphs and scandals –the corporate intrigues of Warner Bros and its corporate parents (AT&T) or Universal (now a child of Comcast) seem pedestrian compared with Fox’s operatic struggles: Marilyn Monroe’s mysterious demise in the middle of Something’s Got to Give; Elizabeth Taylor’s over-the-top theatrics in Cleopatra; Darryl F. Zanuck’s eight-hour stockholder speeches and stormy battles with his son and successor, Richard (fired in 1971); the eleventh-hour brink-of-disaster deal for Star Wars; the fierce tug of war over Titanic and its overages [overspend].
Given its history, it’s fitting that this is the only studio immortalized in a rock ‘n’ roll classic (‘Twentieth Century Fox’), performed with drugged-out vigor by Jim Morrison and The Doors.
Even Fox’s beginnings are cloudy: It may, or may not, date back to 1915 with the birth of Fox films, but also to 1935 when the mysterious Spyros Skouras orchestrated the first of several mergers. Darryl Zanuck, who felt he was a bigger star than his actors, gave sizzle to the studio with signings of Tyrone Power, Henry Fonda, Alice Faye and Betty Grable but also gave it gravitas with such well-intentioned movies as Gentleman’s Agreement, The Razor’s Edge and Wilson. Production of The Longest Day in 1962 was the ultimate Zanuck epic — a long, lugubrious account of the D-Day Invasion with just about every star in the world popping up in bit roles (John Wayne and Kirk Douglas among them).
True to studio tradition, it remains unclear how much of the Fox identity may emerge following Disney’s $71.3 billion seizure … If Fox filmmakers feel angst, it is understandable. Disney accounted for 26% of the box office last year and that could rise to 40% this year … Darryl Zanuck is no longer around to bark, and no one seems to be mounting a new Cleopatra, but somewhere on the emptying Fox lot fragments of history still reside.”