It's a Done Deal: Disney purchases Fox
$52 Billion plus Fox's $14 Billion of debt.
It’s now official – Walt Disney Company has purchased key parts of 21st Century Fox including the 20th Century Fox movie studio and the 20th Century Fox Television production company, along with media assets like Fox Searchlight, Fox 2000, FX Networks, FX Productions, National Geographic Partners, Fox21, Fox Regional Sports Networks, and Fox’s stake in Hulu, Star India, Endemol Shine Group and Sky. Not included in the deal due to anti-trust restrictions are Fox News, the FOX broadcast network, or Fox Sports, which all remain a part of the Fox empire – as will the Fox studio lot in Century City. Those will be separated and maintained either under a newly listed company that will be spun off to its shareholders, or merge with News Corp. itself. Disney now has its hands on Fox’s key franchises including “X-Men,” “Alien,” “Predator,” “Avatar,” “Die Hard,” “Planet of the Apes,” “Kingsman” and “Fantastic Four” (which is listed in the press release). Disney now also controls the full rights to all “Star Wars” films with the previously Fox-owned 1977 original likely to go back to Disney’s Lucasfilm – meaning theatrical re-releases and a potential home video version of the original theatrical cut. Disney’s upcoming streaming service will also benefit with the addition of a ton of Fox content. The entire deal was done for approximately $52.4 billion in stock along with Disney also assuming approximately $13.7 billion of net debt for a total transaction value of approximately $66.1 billion. At the request of both 21st Century Fox and the Disney Board of Directors, Mr. Iger has agreed to continue as Chairman and Chief Executive Officer of The Walt Disney Company through the end of calendar year 2021. The Boards of Directors of Disney and 21st Century Fox have approved the transaction, which is subject to shareholder approval by 21st Century Fox and Disney shareholders, clearance under the Hart-Scott-Rodino Antitrust Improvements Act, a number of other non-United States merger and other regulatory reviews, and other customary closing conditions. It’s expected it will take 12-18 months to gain the necessary approvals to fuse the companies. |
The Simpsons now brought to you by Disney?!?!
The world will never be the same. The biggest differences I've noticed is now when you go to Disneyland there is more Star Wars and Marvel merchandise than Disney merchandise. |
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Good now get Wolverine into Infinity Wars
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The Hulu aspect is interesting. I wondering of they are going to use it as their platform for Disney content?
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Good. Now, RELEASE THE UNALTERED VERSIONS OF STAR WARS, EMPIRE STRIKES BACK AND RETURN OF THE JEDI.
IMMEDIATELY. :cuss: |
https://www.hollywoodreporter.com/he...merger-1067651
fans are worried that Deadpool will be neutered and be family friendly. Ryan Reynolds and company should be cool with going to Touchstone to continue the franchise. |
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If Wolverine appears, it'll be a different actor for sure. Regarding this news, I am not really sure how I feel about it. Disney seems to know what they are doing I guess but does this mean no more R rated films/franchises? :hmmm: (FTR, I am a HUGE fan of the films Logan & Deadpool . It looks like those types of films will no longer be made. Now we are set up for "safe" PG & PG 13 films ....oh well) :deevee: |
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Every Star Wars movie after ROTJ has been horrible. |
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Xmen and F4 Reboots
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Is Hugh just too old/ doesn’t want to train at the level necessary for Logan anymore? Would be awesome to go out in infinity :(
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That's probably a long shot. |
So Disney is gearing up to compete with Netflix and Amazon in the streaming content space?
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Disney will be offering a service in 2019 that will cost less than Netflix or Amazon, which will give subscribers access to all of the Disney Catalog: TV series, Feature Films (Disney, Lucasfilm, Pixar and Marvel included). They're creating some content, one of which will be a Live Action Star Wars series but they're not going to create content, at this point anyway, in huge quantities like Netflix or Amazon, nor are they going to license content from other networks. Strictly Disney properties. |
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Wonder what this will mean for the Alien franchise.
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But when will Disney show Gus-the Field Goal Kicking Mule or The Worlds Strongest Man again???
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3, 4, Prometheus and Covenant. |
You think it will get past the feds????
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Disney isn't purchasing Fox Broadcasting (The Simpsons, etc.) Fox News, Fox Sports FS1 or FS and a few other assets. Fox will still broadcast the NFL, MLB and all of its original programming. The deal was made to avoid any issues with the government. |
What I had read was Fox news was the only thing left behind do I guess it's FOX TV?
https://scontent-atl3-1.xx.fbcdn.net...b3&oe=5AC81322 |
So Disney owns ABC and Fox now? Damn.
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But I have a feeling they are extremely dated and stale if I watched them today. When will Disney rerelease 'Song of the South' ? |
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1st = one is a simple stripped down classics 2nd = Pumped up but still works 3rd = Watchable but a little wisjudged Everything after is a convoluted mess. |
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getting past FTC and FTC in any other adm. would be rejected.....
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Next move - AT&T buy the remaining parts of FOX.
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They’re also getting FX, FXX and National Geogrpahic and all of its channels. The only divisions staying at Fox are Fox News, Fox Sports and the Fox Over-The-Air network. So basically, Disney is purchasing 20th Century Fox movie and television studio and cable networks, plus international TV holdings and Fox’s interest in Hulu. Murdoch retains control of Fox News Channel and the Fox broadcast network, which will be spun off into a separate company. |
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Unlike AT&T purchasing Warner Brothers, the studio, soundstages and recording studios and all of its assets are going to Disney. All that's left is Fox News, Fox Broadcasting and Fox Sports 1 & 2. That's just not very appealing. |
Ahh, didn't realize they were getting the sport stations, and didn't realize FX was still around!
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I bet it does not get through FTC And FCC.
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The deal was structured to pass any legal challenges. |
I had so much optimism about this until I remembered how far Marvel comix fell and how ****ing horrid Last Jedi was...
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This is kind of weird for me. I remember when FOX popped up as a TV station and I wondered at the time if they could make it work. And now it looks like FOX is only going to be a TV station. The Disney streaming service just got more interesting though.
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I want to know how Disney gets around owning 2 tv stations I thought the law says a company can't own more than one broadcasting station at once.
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Also makes you wonder if Disney will keep the fox shows going
What happens with The simpsons, Bobs burgers movie that just got green lighted,The gifted,Legion,Always sunny,Archer ? |
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I thought Disney Owns ABC won't they own Fox broadcasting now ? |
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Disney will acquire most of 21st Century Fox in a blockbuster deal worth $52 billion, the two companies announced today. Disney will get Fox's TV and film studios, its cable TV networks (FX and National Geographic), and its stake in Hulu, which gives the Mouse House a controlling stake in the streaming So I still don't understand. |
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Disney is not acquiring the Fox Broadcasting Network. |
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WTF is fox gonna play on the station ? |
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says otherwise. |
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20th Century Fox owns the rights and makes the shows. They then sell said tv shows to their sister company Fox Broadcasting. That relationship can continue. |
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especially legion and the gifted |
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Seth talking to his new bosses is gonna be hysterical |
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Make it stop. |
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Disney owns Family Guy and The Simpsons. So by that logic doesn't fox broadcasting have to renegotiate on all the shows ? |
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Just ****ing STOP. |
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Oh this thread exists.
I’m going to be trying to find a job in the next 12-18 months before they drop our department at Fox (international creative advertising). They say they’ll take care of us, not sure if they think that gives anyone confidence. |
When Disney executives no longer have to pay taxes, can violate net neutrality by throttling the Simpsons, and can force The Orville to include minor Star Wars characters into their storyline, you know the world has gone to hell.
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Oh yeah, I guess this isn't DC is it. Well, surely people can take that post as the joke it was meant to be anyway. I took the last part out to reduce the political-ness.
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What is your deal? You run around in every forum, posting like a moron that just shart himself, screaming and waving your hands around asking for attention while having zero information about the topic at hand. There's a difference between a Broadcasting Network and a Production Company. The Fox Broadcasting Company BROADCASTS programming. The programming does NOT need to be owned by the broadcaster. For example, Modern Family is produced by 21 Century Fox but the program airs on ABC. ER and Friends were produced by Warner Brothers but aired on NBC. Producing and owning a program has no bearing on where it's actually broadcast. Now, in the case of The Simpsons, 21st Century Fox owns the program. Whether or not Disney keeps the deal in place for it to air on Fox has probably not been decided but seeing as this deal isn't going to fully close until 12-18 months, the program will continue to air on Fox for the foreseeable future. Further to that, Original Airings of The Simpsons on Fox are a drop in the bucket compared to the 20+ years of syndication rights. |
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They're also planning a Stand Alone ESPN App, which will allow access to all ESPN content, as well as their new acquired 18 Fox Sports regional channels which will be rebranded with ESPN names (ESPN Kansas City, for example). To date, I haven't heard anything about Fox produced TV shows and film. My gut tells me that they'll likely create a Stand Alone App for Fox produced content for $3.99-4.99 per month and maybe a bundled deal for both Fox and Disney at $8.99-$9.99 a month. I'm not well versed on Fox's licensing deals with Netflix, Hulu or Amazon so it might be some time before Disney is able to offer a Stand Alone App for that content. I would expect new 21st Century Fox content to be available on the Disney App (the new Avatar sequels, for instance, especially since there's a new tie-in at the Disney parks) but back catalog may have long term deals in place. |
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Dane, any insight into what this could mean for an Original Trilogy release?
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