Genting reaches settlement with Fox and Disney

PETALING JAYA: Genting Malaysia Bhd (GenM) has reached a settlement with Fox, Twenty First Century Fox (21CF) and The Walt Disney Company over their disputes related to the Fox-branded theme park in Genting Highlands.

The group has entered into a settlement agreement with Fox Entertainment Group LLC, Twentieth Century Fox Film Corp, Foxnext LLC, 21CF and Disney, which will see them granting GenM a licence to use certain Fox intellectual properties.