CelticsStrong
Other Discussions => Off Topic => Entertainment => Topic started by: Moranis on December 13, 2017, 01:11:29 PM
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http://money.cnn.com/2017/12/13/media/21st-century-fox-disney-possible-deal/index.html?iid=hp-toplead-intl
So it looks like before the end of the year Disney will be buying a large portion of Fox, including the movie and television studios, the FX networks, National Geographic, the regional Fox Sports channels, and Fox's stake in Sky and Hulu (Disney would own 2/3 of Hulu after the sale).
After the sale, Fox will basically just be the Fox, FS1, FS2, Fox News and Fox Business. Though many speculate that the Murdoch family would merge the remaining Fox properties with NewsCorp (the Wall Street Journal, NY Post, HarperCollins, etc.), which had split off from 20th Century Fox a few years ago.
Fox is keeping FS1 and FS2, but by selling its regional sports channels (along with Sky Sports and Star Sports) to Disney, ESPN will only take up an even larger portion of the sports viewing landscape.
Disney will also add a significant movie portfolio to its already massive collection (all those mutants in Marvel movies could actually be called mutants since Fox owned that name with the X-Men franchise).
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Right in time for the possible end of net neutrality too
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I’m excited about the movie aspect. X-men, Fantastic Four and Deadpool rejoining the Marvel universe.
I’m less enthusiastic about ESPN taking on even more prominence.
Unsure about television such as FX, or Disney having a majority share in Hulu if that happens.
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http://money.cnn.com/2017/12/13/media/21st-century-fox-disney-possible-deal/index.html?iid=hp-toplead-intl
So it looks like before the end of the year Disney will be buying a large portion of Fox, including the movie and television studios, the FX networks, National Geographic, the regional Fox Sports channels, and Fox's stake in Sky and Hulu (Disney would own 2/3 of Hulu after the sale).
After the sale, Fox will basically just be the Fox, FS1, FS2, Fox News and Fox Business. Though many speculate that the Murdoch family would merge the remaining Fox properties with NewsCorp (the Wall Street Journal, NY Post, HarperCollins, etc.), which had split off from 20th Century Fox a few years ago.
Fox is keeping FS1 and FS2, but by selling its regional sports channels (along with Sky Sports and Star Sports) to Disney, ESPN will only take up an even larger portion of the sports viewing landscape.
Disney will also add a significant movie portfolio to its already massive collection (all those mutants in Marvel movies could actually be called mutants since Fox owned that name with the X-Men franchise).
This is the first time I think I have ever seen Star Sports. It looks like maybe that does Cricket?
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http://money.cnn.com/2017/12/13/media/21st-century-fox-disney-possible-deal/index.html?iid=hp-toplead-intl
So it looks like before the end of the year Disney will be buying a large portion of Fox, including the movie and television studios, the FX networks, National Geographic, the regional Fox Sports channels, and Fox's stake in Sky and Hulu (Disney would own 2/3 of Hulu after the sale).
After the sale, Fox will basically just be the Fox, FS1, FS2, Fox News and Fox Business. Though many speculate that the Murdoch family would merge the remaining Fox properties with NewsCorp (the Wall Street Journal, NY Post, HarperCollins, etc.), which had split off from 20th Century Fox a few years ago.
Fox is keeping FS1 and FS2, but by selling its regional sports channels (along with Sky Sports and Star Sports) to Disney, ESPN will only take up an even larger portion of the sports viewing landscape.
Disney will also add a significant movie portfolio to its already massive collection (all those mutants in Marvel movies could actually be called mutants since Fox owned that name with the X-Men franchise).
This is the first time I think I have ever seen Star Sports. It looks like maybe that does Cricket?
It is an Indian channel (well actually it is a network of channels), so yeah Cricket is a big part of what they do, but they do play soccer, tennis, the Olympics, formula one, and a few other things.
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An X-Men reboot tying the characters into the current Marvel story and timeline would be awesome.
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I thought ESPN was struggling, and those major layoffs were an indicator of that. Was I wrong though? Or is Disney carrying most of the weight?
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I thought ESPN was struggling, and those major layoffs were an indicator of that. Was I wrong though? Or is Disney carrying most of the weight?
It's Disney making the deal. The ESPN part is only one component of this deal. It's much larger than just sports.
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I thought ESPN was struggling, and those major layoffs were an indicator of that. Was I wrong though? Or is Disney carrying most of the weight?
It's Disney making the deal. The ESPN part is only one component of this deal. It's much larger than just sports.
Yeah I think the part of this deal that is most important is the purchase of the movie collection, studio and brand rights, the FX networks and the streaming service. The couple of sports cable channels that are limited in scope, ratings and revenue are a throw in.
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I thought ESPN was struggling, and those major layoffs were an indicator of that. Was I wrong though? Or is Disney carrying most of the weight?
ESPN isn't really struggling, they just aren't making as much money as they used to make (they are still making money though).
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Right in time for the possible end of net neutrality too
This was my thought.
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I’m excited about the movie aspect. X-men, Fantastic Four and Deadpool rejoining the Marvel universe.
I’m less enthusiastic about ESPN taking on even more prominence.
Unsure about television such as FX, or Disney having a majority share in Hulu if that happens.
Depends on what they do with Hulu. Disney wanted Fox for it's entertainment library as much to get the FF and Xmen rights back for their streaming service. They may just revamp Hulu and turn it into their streaming service since the ground work is already layed out. And that means DareDevil,Punisher,Jessica Jones,Etc will be on Hulu instead of Netflix, which really makes NetFlix a bit expendable since out side of that I really only watch Stranger Things.
But phase 4 for MArvel could be really good. Use the reality stone in Avengers Infinity War to bring in Xmen and FF, and then you can start with Secret Invasion and lead into Galactic like they did with Thanos.
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I really hope this doesn't mean The Punisher will be moving from Netflix to Hulu. I'll be seriously irate if that happens.
I'm almost through watching season 1 and it's friggen awesome. John Bernthal was such a perfect choice for the role of Frank Castle.
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I’m excited about the movie aspect. X-men, Fantastic Four and Deadpool rejoining the Marvel universe.
I’m less enthusiastic about ESPN taking on even more prominence.
Unsure about television such as FX, or Disney having a majority share in Hulu if that happens.
Definitely would love to see all Marvel properties restored to Marvel Studios.
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I’m excited about the movie aspect. X-men, Fantastic Four and Deadpool rejoining the Marvel universe.
I’m less enthusiastic about ESPN taking on even more prominence.
Unsure about television such as FX, or Disney having a majority share in Hulu if that happens.
Definitely would love to see all Marvel properties restored to Marvel Studios.
wished this was done a couple years ago so at least the Xmen makes it to Civil War, while i really enjoyed Captain America Civil War, it felt more like a street fight than a "war"
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So it looks like they reached a deal. 54.1 billion in stock and 13.7 billion in debt for a total price of 66.1 billion.
One of the interesting wrinkles, I hadn't thought about was that Fox sold its television studios (all 28 of them), but is keeping the broadcast network, which means Fox is going to have to buy all of its programming from other studios. There is some speculation that Fox is going to go away from scripted shows entirely and just air unscripted reality type shows, talk shows, news, sports, and things of that nature that don't require an actual studio to create.
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This might be the first step toward a new most dominant online streaming service for movies. Between Disney and Fox, you've got an incredibly diverse, and deep bench of movies and they can start streaming whenever they want.
And this is why Netflix was smart to start making as much original content as possible starting a few years ago because as more and more content creators develop their own services, Netflix is going to lose the rights to a lot of the big movies that people pay for Netflix to watch. I've seen some people mention The Punisher and Daredevil and the like but I think those are produced by Netflix so I don't think those would go anywhere else (although it's possible that production of future seasons could wind up elsewhere depending on how those deals are structured).
This could wind up being really interesting.
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Still seems to be in limbo as Comcast is trying to raise the capital to outbid Disney.
http://money.cnn.com/2018/05/08/technology/pacific-newsletter/index.html
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Still seems to be in limbo as Comcast is trying to raise the capital to outbid Disney.
http://money.cnn.com/2018/05/08/technology/pacific-newsletter/index.html
Wow, I thought it was a done deal. Sounds like it could go on for a while now.
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once there were around 50 major news outlets
now everything has emerged down wn to around FIVE ...
thats just not enough diveristy for me
All the chaneels for news sound the same ......one or two hate trashing talking about each other and their ideas.
so corp members sit on he boards of these five major news outlets , they sell their coorate agenda is pushed out as fact and there spin .....to cover political scandals, government corruption, products that are not in the publics best interests. Health spins , everything to control the population to suit them
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We have a bidding war. Comcast offered 65 billion today for the same assets that Disney offered 52.4 billion to acquire.
http://money.cnn.com/2018/06/13/media/comcast-fox-bid/index.html
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We have a bidding war. Comcast offered 65 billion today for the same assets that Disney offered 52.4 billion to acquire.
http://money.cnn.com/2018/06/13/media/comcast-fox-bid/index.html
Yeah, Comcast was waiting for the result of the AT&T-Time Warner suit. This was not surprising — the question is whether Disney will counter.
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We have a bidding war. Comcast offered 65 billion today for the same assets that Disney offered 52.4 billion to acquire.
http://money.cnn.com/2018/06/13/media/comcast-fox-bid/index.html
Yeah, Comcast was waiting for the result of the AT&T-Time Warner suit. This was not surprising — the question is whether Disney will counter.
I would think it's in their best interest to counter...especially with putting their own streaming service out there in the future, the Fox library would be a huge asset for them.
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We have a bidding war. Comcast offered 65 billion today for the same assets that Disney offered 52.4 billion to acquire.
http://money.cnn.com/2018/06/13/media/comcast-fox-bid/index.html
Yeah, Comcast was waiting for the result of the AT&T-Time Warner suit. This was not surprising — the question is whether Disney will counter.
I would think it's in their best interest to counter...especially with putting their own streaming service out there in the future, the Fox library would be a huge asset for them.
I think it would be better to invest in new content. With the resources Disney has, they shouldn’t be getting beat out by NetFlix and Hulu for the top new content.
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So Disney upped their bid to 71 billion and was able to get the government's approval by agreeing to sell the 22 Regional Sports channels i.e. the local foxsports channels. So ESPN won't quite have the full reach after the sale, but overall the network improved its sports programming.
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Pretty soon we're gonna have two mega-media companies (Comcast and Disney) owning literally everything. Not good for consumers.
These are strange times.
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So Disney upped their bid to 71 billion and was able to get the government's approval by agreeing to sell the 22 Regional Sports channels i.e. the local foxsports channels. So ESPN won't quite have the full reach after the sale, but overall the network improved its sports programming.
I wonder who will buy the RSN’s. A major content distributor in the sports field, like CBS or Turner, or teams that are in those markets, like the Suns or Diamondbacks for Fox Sports Arizona?
Now that this deal already has DOJ approval, Comcast will have to pay a huge premium to outbid Disney, so I can’t see the bidding war continuing.