1. Welcome to the Inside Universal Forums! Make sure to sign up and join the community! It's fast, free, and easy! DO IT!

Disney/FOX Acquisition Thread

Discussion in 'Games, Movies & Sports' started by AlexanderMBush, Nov 6, 2017.

  1. AlexanderMBush

    AlexanderMBush Legendary Member

    Joined:
    Nov 23, 2013
    Messages:
    16,300
    Likes Received:
    20,269
    Location:
    Arizona
    The lawsuit, in summary..

    • Disney, has been pushing them moving out due to Genting Malaysia being a place of gambling
    • GENM is suggesting that Disney wants to terminate the contract currently in place, and present road blocks to delay the project further.
    Keep in mind, the contract was put in place in 2013, and in the article; Genting has expressed that they had plans to begin softs in the Spring.
     
    Mad Dog likes this.
  2. quinnmac000

    quinnmac000 Veteran Member

    Joined:
    May 14, 2014
    Messages:
    5,157
    Likes Received:
    5,265
    Location:
    Seoul, Korea
    Warner Bros is interested in selling off their 10% of Hulu...it could go to Comcast or Disney who knows...

    In other acquisitions, based on job openings and specifically the wording of the job posts, Comcast actively and thoroughly looking to buy Japanese and Korean content creators/studios as it boosts their revenue significantly. Take that as you will.
     
  3. AlexanderMBush

    AlexanderMBush Legendary Member

    Joined:
    Nov 23, 2013
    Messages:
    16,300
    Likes Received:
    20,269
    Location:
    Arizona
  4. AlexanderMBush

    AlexanderMBush Legendary Member

    Joined:
    Nov 23, 2013
    Messages:
    16,300
    Likes Received:
    20,269
    Location:
    Arizona
  5. Nick

    Nick Staff Member Moderator

    Joined:
    Sep 22, 2011
    Messages:
    17,334
    Likes Received:
    24,229
    Location:
    Orlando
  6. Nick

    Nick Staff Member Moderator

    Joined:
    Sep 22, 2011
    Messages:
    17,334
    Likes Received:
    24,229
    Location:
    Orlando
  7. AlexanderMBush

    AlexanderMBush Legendary Member

    Joined:
    Nov 23, 2013
    Messages:
    16,300
    Likes Received:
    20,269
    Location:
    Arizona
  8. Nick

    Nick Staff Member Moderator

    Joined:
    Sep 22, 2011
    Messages:
    17,334
    Likes Received:
    24,229
    Location:
    Orlando
    June is a long way from the originally projected dated of January.
     
  9. HereWeGo

    HereWeGo Member

    Joined:
    Mar 29, 2015
    Messages:
    830
    Likes Received:
    830
    I think January was just internet rumors. Last official statement I saw from Disney said the second quarter of the year (which June is).
     
  10. AlexanderMBush

    AlexanderMBush Legendary Member

    Joined:
    Nov 23, 2013
    Messages:
    16,300
    Likes Received:
    20,269
    Location:
    Arizona
  11. quinnmac000

    quinnmac000 Veteran Member

    Joined:
    May 14, 2014
    Messages:
    5,157
    Likes Received:
    5,265
    Location:
    Seoul, Korea
    Fox Rocked by $179M 'Bones' Ruling: Lying, Cheating and "Reprehensible" Studio Fraud | Hollywood Reporter

    How does this effect the Disney deal?

    The producers of Bones (including the stars, David Boreanaz and Emily Deschanel) were screwed out of streaming royalties by Fox execs and backhanded dealings amongst Fox subsidiaries, including Hulu (which they own a stake in). They used some creative accounting to claim that the show was a money-loser when it was actually profitable, and if the show lost money then the producers wouldn't get the royalties, that money instead staying with Fox.

    Actually the bigger deal is that two of the named parties who falsified testimony are supposed to stay on when the Disney/Fox merger is complete.

    Additionally other Fox television producers may have been limited their royalties payments as well.
     
    tankart150 likes this.
  12. zg44

    zg44 Member

    Joined:
    Jun 5, 2017
    Messages:
    943
    Likes Received:
    1,684
    Ultimately Disney will likely inherit that fight and possibly have to pay out those claims if the claimants are successful.


    I think the biggest impact though on the purchase of Fox assets has been the divestiture requirements in the US, Brazil, and Mexico.

    Those sports assets are probably worth somewhere in the range of $30-35 billion. If you're getting a price under $20 billion for all of those, then all of a sudden, Disney is paying considerably more for the remainder of the Fox assets than they thought. Though they booked a tidy profit from accepting Comcast's Sky bid, they'll absolutely need Disney+ and Hulu to hit every conceivable benchmark to justify the rich prices paid for the remainder of the assets, especially the TV/Movie studio.
     
    tankart150 and JoeCamel like this.
  13. AlexanderMBush

    AlexanderMBush Legendary Member

    Joined:
    Nov 23, 2013
    Messages:
    16,300
    Likes Received:
    20,269
    Location:
    Arizona
    Yeah, I'd suspect that Disney & Fox won't need to worry much about that, until after the Merger completes.

    It is outstanding the events that have unfolded for the sake of the deal's future. All I can do now, is wishing for Disney/21CF/Searchlight/BlueSky/NatGEO to handle the transition without much in losses (it's gonna happen, but I'm hoping it's minimal).
     
    tankart150 likes this.
  14. Doug A.

    Doug A. Member

    Joined:
    Mar 24, 2013
    Messages:
    679
    Likes Received:
    766
    Location:
    Buffalo, NY
    In the event that they do have to cut them out would they be more inclined to divest them to the highest bidder or just close up shop/fold into other parts?
     
  15. quinnmac000

    quinnmac000 Veteran Member

    Joined:
    May 14, 2014
    Messages:
    5,157
    Likes Received:
    5,265
    Location:
    Seoul, Korea
    tankart150 likes this.
  16. Scott W.

    Scott W. Premium Member

    Joined:
    Feb 26, 2014
    Messages:
    10,999
    Likes Received:
    22,371
    Location:
    Glasgow
  17. quinnmac000

    quinnmac000 Veteran Member

    Joined:
    May 14, 2014
    Messages:
    5,157
    Likes Received:
    5,265
    Location:
    Seoul, Korea
  18. zg44

    zg44 Member

    Joined:
    Jun 5, 2017
    Messages:
    943
    Likes Received:
    1,684
    That's a huge win for Comcast in particular as Sky can immediately begin to market their OTT in other markets with the studio deals that they have in place. That should give them a head start at least for OTT in the markets they haven't gone to yet such as France and other big markets in Europe.

    It's natural that Disney/Warner would agree to this as well since they plan to release worldwide streaming services of their own as well.
     
    Mad Dog likes this.
  19. Mad Dog

    Mad Dog Premium Member

    Joined:
    Jan 30, 2013
    Messages:
    16,669
    Likes Received:
    25,863
    Location:
    Pittsburgh area
    Yes, and it makes the financial price for the acquisition much less burdensome.
     
    tankart150 likes this.
  20. Nick

    Nick Staff Member Moderator

    Joined:
    Sep 22, 2011
    Messages:
    17,334
    Likes Received:
    24,229
    Location:
    Orlando

Share This Page