VIDEO : Disney Now Owns 27 Percent of the Film Industry

Walt Disney Studios is officially purchasing 21st Century Fox?s film and TV assets for an approximate $52.4 billion in stock, giving Disney a massive share of the entire film industry. The corporate giants finalized and announced the deal on Thursday, which will grant the Disney access to a vast library of content, including franchises such as Alien, Avatar, The Simpsons, and of course, the X-Men and Fantastic Four.