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-   -   Disney set to buy 21st Century Fox [Update: Deal completed] (https://www.thisisbigbrother.com/forums/showthread.php?t=332034)

James 14-12-2017 03:40 AM

thread deleted 60bn [Update: Deal completed]
 
Deal would mean Disney owning 20th Century Fox film studio, Sky (39%) and 50% of Endemol.

Fox News, Fox Sports and local Fox TV stations in US wouldn't be included because of US government anti-monopoly rules.

Quote:

Disney set to seal $60bn 21st Century Fox takeover
By Chris Johnston

13 December 2017


Walt Disney is close to confirming a deal to buy 21st Century Fox's entertainment assets for about $60bn, reports say.

The sale would include the 20th Century Fox film studio and the Sky and Star satellite broadcasters in the UK, Europe and Asia.

Disney was left as the front runner after Comcast, the NBC owner, dropped out of the race on Monday.

The Financial Times said talks about the price were continuing on Tuesday.

CNBC reported that Fox and Disney were on a "glide path" for an announcement on Thursday, according to people familiar with the negotiations.

The Murdoch family was said to favour a deal with Disney because it would rather be paid in the entertainment giant's shares than Comcast stock.

A deal with Disney could also face fewer US regulatory hurdles, although it is extremely unlikely to be waved through.


Also in question is what will happen to 21st Century Fox's bid to buy the 61% of Sky that it does not already own.

The deal is already under scrutiny by the UK Competition and Markets Authority (CMA), which is expected to publish its provisional findings in January.

It is not clear whether Disney will continue with the takeover if it buys the 39% stake from 21st Century Fox as part of the wider transaction.

Matthew Horsman, analyst at Mediatique, told Variety magazine that the CMA is likely to continue probing the deal. "They've done all the work. I'm pretty sure they're going to announce a decision," he said.


The assets being sold by Fox include its FX and National Geographic cable channels, 22 regional US sports networks and the company's stake in the Hulu streaming platform in the US.

It would also add to Disney's extensive film and television library, with movies such as Avatar and Deadpool, as well as small screen hits including The Simpsons and Modern Family.

The Fox broadcast network, Fox News and Fox Sports would remain under the Murdochs' control.

As well as its film studio, Disney also owns the ESPN sports network and cable channels.

Mr Murdoch's decision to sell most of Fox has surprised many commentators given his desire to continually expand his media empire over the past five decades.

Talks were understood to have been held between the two companies in November but did not result in an agreement.

Negotiations then restarted earlier this month.

Shares in Disney rose 0.5% in New York on Tuesday, valuing the company at $162bn, while 21st Century Fox added 1%, valuing it at $62.6bn.

Fox shares have jumped by close to a third over the past three months.
http://www.bbc.co.uk/news/business-42333452

http://img.youtube.com/vi/0pp6MA0eMOA/mqdefault.jpg

Scarlett. 14-12-2017 07:36 AM

Disney pls fix the Simpsons

Wizard. 14-12-2017 09:19 AM

American Horror Story: Cinderella’s Slipper?

user104658 14-12-2017 09:20 AM

Most important part of this story:

Fox owns the rights to X-Men, Fantastic Four, Deadpool etc... so if Disney buy them out, any or all of these characters are available to the MCU :omgno:.

https://i.kinja-img.com/gawker-media...0488317254.png

Tom4784 14-12-2017 09:50 AM

Quote:

Originally Posted by Toy Santa (Post 9738457)
Most important part of this story:

Fox owns the rights to X-Men, Fantastic Four, Deadpool etc... so if Disney buy them out, any or all of these characters are available to the MCU :omgno:.

https://i.kinja-img.com/gawker-media...0488317254.png

It could mean bad things for properties like Deadpool though unless they keep Fox around as another Touchstone to release the more adult orientated Superhero films.

user104658 14-12-2017 09:58 AM

Quote:

Originally Posted by Dezzy (Post 9738491)
It could mean bad things for properties like Deadpool though unless they keep Fox around as another Touchstone to release the more adult orientated Superhero films.

That's a point I guess. I also have reservations about what will happen with the Netflix Marvel shows once Disney starts its own streaming thing... which I imagine is another big motivation for the purchase. I can see there being a fair bit of X-men etc. content on Disney's streaming services.

Smithy 14-12-2017 10:05 AM

This is where they turn Hulu into their own Netflix, with simpsons, family guy, Star Wars etc etc

Tom4784 14-12-2017 10:20 AM

Quote:

Originally Posted by Toy Santa (Post 9738507)
That's a point I guess. I also have reservations about what will happen with the Netflix Marvel shows once Disney starts its own streaming thing... which I imagine is another big motivation for the purchase. I can see there being a fair bit of X-men etc. content on Disney's streaming services.

They may make an exception for the Netflix shows since I could imagine taking the rights back if Netflix was involved in the production and not just the distribution would be very tricky indeed.

user104658 14-12-2017 11:26 AM

Quote:

Originally Posted by Dezzy (Post 9738530)
They may make an exception for the Netflix shows since I could imagine taking the rights back if Netflix was involved in the production and not just the distribution would be very tricky indeed.

From what I've read, the Netflix deal still has a good couple of years left in it but once that expires the rights to the shows and characters themselves are squarely with Disney... and also I've read that Disney's eventual goal is to have ALL Disney content, both TV and Movies (and especially Marvel / Star Wars), be exclusive to their own streaming service. It makes a lot of sense, really, as they have a lot of content that people will pay a monthly sub for already, plus the possibility of funding X Men and Star Wars shows. I mean I have to be honest and say that I'm highly likely to get it if the content is up to scratch :shrug:.

But I don't know what that means in terms of how the Netflix shows are made... like how they're actually filmed, who the actors are contracted to, etc.

Which means there's a chance that, if they can't easily port the existing format over to their own streaming service, they'll just let the current Netflix shows end when the deal ends in a couple of years and concentrate on their own new shows. In terms of characters, I think there's a decent chance they would try to bring DD over as he's the best known of the bunch and also the most "traditionally superhero-y" of The Defenders... fits best with the rest of the MCU basically. I can see the other Defenders being left out in the cold :worry:.

Tom4784 14-12-2017 11:39 AM

Quote:

Originally Posted by Toy Santa (Post 9738625)
From what I've read, the Netflix deal still has a good couple of years left in it but once that expires the rights to the shows and characters themselves are squarely with Disney... and also I've read that Disney's eventual goal is to have ALL Disney content, both TV and Movies (and especially Marvel / Star Wars), be exclusive to their own streaming service. It makes a lot of sense, really, as they have a lot of content that people will pay a monthly sub for already, plus the possibility of funding X Men and Star Wars shows. I mean I have to be honest and say that I'm highly likely to get it if the content is up to scratch :shrug:.

But I don't know what that means in terms of how the Netflix shows are made... like how they're actually filmed, who the actors are contracted to, etc.

Which means there's a chance that, if they can't easily port the existing format over to their own streaming service, they'll just let the current Netflix shows end when the deal ends in a couple of years and concentrate on their own new shows. In terms of characters, I think there's a decent chance they would try to bring DD over as he's the best known of the bunch and also the most "traditionally superhero-y" of The Defenders... fits best with the rest of the MCU basically. I can see the other Defenders being left out in the cold :worry:.

Then again, considering that Disney doesn't like anything that's rated higher than a 12A under the Disney label, they might leave the Netflix universe as is and treat it like another Touchstone situation.

bots 14-12-2017 11:58 AM

how does this affect the proposed buy out of Sky by fox? Does it mean we will now get a fluffy Sky News :dance:

arista 14-12-2017 12:16 PM

21st Century has agreed the deal

Ref: Business Update SkyNewsHD. and FoxNewsHD online live

$52 Billion.

Disney Vs Netflix

arista 14-12-2017 12:18 PM

Quote:

Originally Posted by bitontheslide (Post 9738674)
how does this affect the proposed buy out of Sky by fox? Does it mean we will now get a fluffy Sky News :dance:


It means the shares will change to Disney
may help the takeover speed UP


SkyNewsHD
and Ch4HD news are the best


That Glass Box
Very UnAmerican

Tom4784 14-12-2017 12:28 PM

I imagine X-Men will get rebooted after Dark Phoenix to be apart of the MCU, as will Fantastic Four.

bots 14-12-2017 12:44 PM

Quote:

Originally Posted by arista (Post 9738688)
It means the shares will change to Disney
may help the takeover speed UP


SkyNewsHD
and Ch4HD news are the best


That Glass Box
Very UnAmerican

if anything, it will likely slow it down more as it will be going to an even bigger organisation

user104658 14-12-2017 12:44 PM

Quote:

Originally Posted by Dezzy (Post 9738689)
I imagine X-Men will get rebooted after Dark Phoenix to be apart of the MCU, as will Fantastic Four.

Will they really have another punt at Fantastic Four? I think Fox have officially killed it :joker:. Even though it would be reverting to Disney, and have nothing to do with previous Fox efforts, the brand is pretty badly tainted... I dunno if even the MCU connection could revive it.

X-Men is ready to reboot tbh. It's kind of trash without Wolverine, and Jackman's Wolverine arc is complete IMO. Time for a proper modern-day reboot with a full new cast. I can even see them fudging the story a bit to make it so that Scarlet Witch is indeed Magneto's daughter and a mutant... like the twins were adopted out, and were infact (unknown to them) mutants already and their powers were only brought out by Hydra. In fact giving it thought - have they left the door open to that intentionally? The story about their house getting bombed and how they had to lie totally still next to a Stark Industries bomb that hadn't detonated. Possible "in" there by suggesting that Scarlet Witch was actually subconsciously using her powers to stop the bomb from detonating :think:.


...sorry, I forgot for a second that this isn't a movies forum thread :joker:.

arista 14-12-2017 12:58 PM

Quote:

Originally Posted by bitontheslide (Post 9738690)
if anything, it will likely slow it down more as it will be going to an even bigger organisation

Maybe
but they will not have all the shares
only 39%

Ref: CNN HD Money.

Tom4784 14-12-2017 01:07 PM

Quote:

Originally Posted by Toy Santa (Post 9738691)
Will they really have another punt at Fantastic Four? I think Fox have officially killed it :joker:. Even though it would be reverting to Disney, and have nothing to do with previous Fox efforts, the brand is pretty badly tainted... I dunno if even the MCU connection could revive it.

X-Men is ready to reboot tbh. It's kind of trash without Wolverine, and Jackman's Wolverine arc is complete IMO. Time for a proper modern-day reboot with a full new cast. I can even see them fudging the story a bit to make it so that Scarlet Witch is indeed Magneto's daughter and a mutant... like the twins were adopted out, and were infact (unknown to them) mutants already and their powers were only brought out by Hydra. In fact giving it thought - have they left the door open to that intentionally? The story about their house getting bombed and how they had to lie totally still next to a Stark Industries bomb that hadn't detonated. Possible "in" there by suggesting that Scarlet Witch was actually subconsciously using her powers to stop the bomb from detonating :think:.


...sorry, I forgot for a second that this isn't a movies forum thread :joker:.

I think they'll introduce them in an Avengers film, it's looking like there will be a few vacancies after Civil War. They might not have their own film for a while but I can see Marvel putting the individual members in other films first to build them up before they get their own team film. I don't think Marvel's fought so hard to get the rights to the Fantastic Four back just to let them languish once they have them.

I loved Logan but I don't think the X-universe suffers without his presence, I thought First Class was one of the best X-men films and he was only in it for one scene. With Dark Phoenix pretty much bridging the gap between the past and the start of the modern X-Men films, I can see them ending the old continuity and just going forth with a new X-team so they don't have to rely on the Inhumans any more. I think films like Deadpool and the New Mutants will just be slotted into the new continuity as they are.

Mitchell 14-12-2017 01:45 PM

Worth pointing out that Disney have now acquired Endemol Shine, who created Big Brother UK

Nicky91 14-12-2017 01:48 PM

Quote:

Originally Posted by Prue Wreath (Post 9738737)
Worth pointing out that Disney have now acquired Endemol Shine, who created Big Brother UK

:clap2:

BBUK Disney Style

user104658 14-12-2017 02:00 PM

Quote:

Originally Posted by Prue Wreath (Post 9738737)
Worth pointing out that Disney have now acquired Endemol Shine, who created Big Brother UK

So what you're saying is... we can have Marvelebrity BB with only Marvel characters as housemates? :omgno: I'd watch every second of it.

Nicky91 14-12-2017 02:03 PM

Quote:

Originally Posted by Toy Santa (Post 9738748)
So what you're saying is... we can have Marvelebrity BB with only Marvel characters as housemates? :omgno: I'd watch every second of it.

so Professor X & Phil Coulson bb Alliance :flutter:

Mitchell 14-12-2017 05:28 PM

Quote:

Originally Posted by Toy Santa (Post 9738748)
So what you're saying is... we can have Marvelebrity BB with only Marvel characters as housemates? :omgno: I'd watch every second of it.

Nope, what I’m saying is Brenda Song should be forced to do CBB

Marsh. 14-12-2017 05:37 PM

Quote:

Originally Posted by Mariah Christmas (Post 9738455)
American Horror Story: Cinderella’s Slipper?

Well the original story had the ugly sisters cutting their own toes off to try and fit into the slipper so it would be perfect. :amazed:

arista 14-12-2017 05:40 PM

Rupert was on SkyNewsHD Business with Ian King
he is having 25% of Disney
and is a good friend of the Disney CEO B.Igor.

James 14-12-2017 06:39 PM

Quote:

Originally Posted by bitontheslide (Post 9738674)
how does this affect the proposed buy out of Sky by fox? Does it mean we will now get a fluffy Sky News :dance:

Quote:

Originally Posted by arista (Post 9738688)
It means the shares will change to Disney
may help the takeover speed UP


SkyNewsHD
and Ch4HD news are the best


That Glass Box
Very UnAmerican

Quote:

Originally Posted by bitontheslide (Post 9738690)
if anything, it will likely slow it down more as it will be going to an even bigger organisation

From http://www.bbc.co.uk/news/business-42353545

Quote:

What does it mean for Sky?

In the UK, Fox is in the midst of a bid to buy the part of the broadcaster Sky that it doesn't already own. That bid is being investigated by the Competition and Markets Authority (CMA), which is due to publish provisional findings in January.

The BBC understands that the Disney deal will not alter that CMA investigation.

If the Sky purchase is approved, that deal would probably go through before the Disney purchase of Fox assets. So the whole of Sky would then be likely to transfer to Disney's ownership.

If not, then just the 39% of Sky currently in Fox's stable passes to Disney.

Rupert Murdoch said: "If things go wrong, the existing [Sky] shares go to Disney. It will be up to them to decide what to do."

Either way Sky's future will lie primarily in Disney's hands.
I read before that this deal might put Sky News future in doubt because (I think) it loses money, and Disney are not really in the news business - aside from ABC in America.

bots 14-12-2017 06:58 PM

Quote:

Originally Posted by James (Post 9739019)
From http://www.bbc.co.uk/news/business-42353545



I read before that this deal might put Sky News future in doubt because (I think) it loses money, and Disney are not really in the news business - aside from ABC in America.

Disney are incredibly image conscience, so i'm not sure things like Sky Atlantic or Sky News will be a good fit in its portfolio

Tom4784 14-12-2017 07:06 PM

Quote:

Originally Posted by bitontheslide (Post 9739053)
Disney are incredibly image conscience, so i'm not sure things like Sky Atlantic or Sky News will be a good fit in its portfolio

It's only when it comes to the Disney Brand itself, you could technically call the Kill Bill films Disney films as they were released by Miramax when Disney owned them.

You'll never see anything rated higher than a 12A released on the Disney Brand but they do own other studios that release less Disney friendly content. I don't think ownership of Sky Atlantic or Sky News would hurt them.

michael21 14-12-2017 09:27 PM

Quote:

Originally Posted by James (Post 9739019)
From http://www.bbc.co.uk/news/business-42353545



I read before that this deal might put Sky News future in doubt because (I think) it loses money, and Disney are not really in the news business - aside from ABC in America.

Yes sky news could close but we still have sky sports news :amazed:

arista 15-12-2017 09:55 AM

[Disney are not really in the news business - aside from ABC in America]

No James
The Disney CEO Bob
has confirmed SkyNewsHD is staying.


Ref : SkyNewsHD Business news and CNN HD Money 2PM and 5PM, yesterday.

abc news is used alot on BBC news and BBC prime.


The 85 year old Rupert full interview , yesterday on the Ian king's business show,
https://news.sky.com/video/watch-rup...-full-11170849


please note sad virgin media does not have cnn in hd

Tom4784 15-12-2017 12:14 PM

Apparently they want to keep Deadpool as is, I've heard that the heads of Marvel and Disney are looking into creating an specific branding for the R-Rated superhero films.

Rob! 15-12-2017 01:10 PM

Rylan to be replaced by Goofy?

user104658 15-12-2017 02:03 PM

Quote:

Originally Posted by Dezzy (Post 9739936)
Apparently they want to keep Deadpool as is, I've heard that the heads of Marvel and Disney are looking into creating an specific branding for the R-Rated superhero films.

I'm not surprised really, in fact the Disney purchase of Fox could be seen as an indication that they're branching out in terms of the content they want to make and that may even be a part of their motivation for buying. There was at one point (the 2000's mainly) an idea that the best way to maximise movie revenue was to make absolutely everything PG-13 at most to maximise potential audience but it's kind of been proven not to be the case in recent years. For example, Terminators 1 and 2 having a massive following but everything since being trash - but now they're bringing back Cameron / Arnie / Linda Hamilton to semi-reboot (hitting rewind up until the end of T2) to make a "proper" R-rated sequel.

I think basically, similar to gaming, the "blockbuster loving generations" now contain a lot of adults who are keen to see films made FOR adults in the cinema... it's seen as a marketing tool in many cases rather than how it was being viewed at one point (as an audience barrier).

Disney have been slowly edging this way for a while really, it's definitely not all animated bunnies even at this point, it makes sense as the next step in evolving into having all sorts of media and target audiences catered to.

user104658 15-12-2017 02:03 PM

Quote:

Originally Posted by Rob! (Post 9739967)
Rylan to be replaced by Goofy?

Goofy to be replaced by Rylan :omgno:

https://www.imageupload.co.uk/images.../15/ryoofy.jpg

James 16-12-2017 01:07 AM

The R rating (in the US) does reduce box office though, like with Blade Runner 2049 this year. Generally the budgets given to them are lower, because the audience that can see them is more limited. A lot of adults don't have time to go to the cinema, unless it is to take their children to a family-friendly film, hence children's animations being such a big deal now for film-companies.

Sometimes you get a breakout horror film that does well, and also R-rated comedies can do well.

Rob! 16-12-2017 01:45 AM

Quote:

Originally Posted by Toy Santa (Post 9740008)
Goofy to be replaced by Rylan :omgno:

https://www.imageupload.co.uk/images.../15/ryoofy.jpg

:joker:

user104658 17-12-2017 09:27 PM

Quote:

Originally Posted by James (Post 9741007)
The R rating (in the US) does reduce box office though, like with Blade Runner 2049 this year. Generally the budgets given to them are lower, because the audience that can see them is more limited. A lot of adults don't have time to go to the cinema, unless it is to take their children to a family-friendly film, hence children's animations being such a big deal now for film-companies.

Sometimes you get a breakout horror film that does well, and also R-rated comedies can do well.

Yes, but that thinking lead them to start making PG-13 sequels / remakes of classic R-rated properties thinking that it was a recipe for success... but the vast majority of the time, the films (deservedly) get panned by audiences and critics. I think they've started to accept that if you want to make a critically acclaimed sequel to a classic R-rated franchise... you have to make it for adults.

Glenn-C 18-12-2017 04:18 PM

Quote:

Originally Posted by Prue Wreath (Post 9738737)
Worth pointing out that Disney have now acquired Endemol Shine, who created Big Brother UK

So what you're saying is Nikki Grahame is a Disney princess?
https://upload.wikimedia.org/wikiped...cess_Nikki.jpg

Mitchell 18-12-2017 11:31 PM

Princess Nikki to kiss the frog?

arista 27-02-2018 01:14 PM

Comcast challenges 21st Century Fox with £22.1bn Sky interest
 
https://news.sky.com/story/comcast-c...y-bid-11269412

Now a 2nd bid, after Disney , is in for BSkyB
Sky Shares have gone up , of course


[Comcast said its possible all-cash offer
of £12.50 per Sky share represented
a premium of 16% on the current Fox terms,
which value Sky at £18.5bn.]


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