What if Disney merged 20th Century Fox and Touchstone Pictures?

On March 20th, 2019, the Walt Disney Company completed its acquisition of 21st Century Fox, Inc., half a day after the Fox Corporation's spinoff. On January 17th, 2020, the Walt Disney Company phased out the Fox name from the recenlty-renamed 20th Century Studios and Searchlight Pictures. What if Disney decided to instead merge 20th and Touchstone Pictures into a new movie label called 20th Century Touchstone in addition to phasing out the Fox name from Searchlight?

Changes

 * If Disney would have merged 20th Century Fox and Touchstone Pictures into the new 20th Century Touchstone label, then that new label would focus on general entertainment and adult-oriented movies; and sequels and prequels to and remakes of 20th's family-friendly movies would have been released under the Disney label instead of 20th's. Also, Disney would have merged 20th Century Fox Television and Fox 21 Television Studios into ABC Studios and ABC Signature, respectively.