Disney/FOX Acquisition Thread

[Viator]

Fox Animation & Fox Family will remain..

TWDC Announces Studios Structure for 21st Century Fox Acquisition

 

[Parkscope Joe]

Last 48 hours for China to approve the merger...if China does not approve this can cause major issues.

Will China Try to Block the Disney-Fox Deal? | Hollywood Reporter
Investors cautious on Disney/Fox amid China tension - The Walt Disney Company (NYSEIS) | Seeking Alpha

Wondering if China doesn’t approve as part of the trade war.

 

[quinnmac000]

Wondering if China doesn’t approve as part of the trade war.

If they do not approve or deny, then Disney/Fox merged company won't be able to do business in China until approval is granted

 

[Viator]

wouldn't that then mean, that Shanghai Disneyland would be FORCED to close?

 

[Nick]

wouldn't that then mean, that Shanghai Disneyland would be FORCED to close?

Doubt it because China owns a majority of SHDL.

 

[Viator]

Doubt it because China owns a majority of SHDL.

hmm, so Disney is the..Minority, in the case of SDL (Even though they are rights holders)?

__

I think what's good to see, is how things are seemingly being wanted to be kept on-course, and to keep people who are along the position of power at 21CF & the minor companies along with it. What I'm curious of, is NatGeo.

 

[Mad Dog]

De

hmm, so Disney is the..Minority, in the case of SDL (Even though they are rights holders)?

__

I think what's good to see, is how things are seemingly being wanted to be kept on-course, and to keep people who are along the position of power at 21CF & the minor companies along with it. What I'm curious of, is NatGeo.

Depends how long they keep them on. Companies are notorious using these Execs. as place makers for transitions, and then they mysteriously disappear within a year or so. Disney has a really bad rep in film & tv industry of being very difficult to work for. I wouldn't put too much stock into them keeping these people on for now. They'll probably use them only as long as they need to, and then, poof, they're gone.

 

[Nick]

hmm, so Disney is the..Minority, in the case of SDL (Even though they are rights holders)?

__

I think what's good to see, is how things are seemingly being wanted to be kept on-course, and to keep people who are along the position of power at 21CF & the minor companies along with it. What I'm curious of, is NatGeo.

Intellectual Property doesn’t have much protections in China.

 

[Ridgepole]

Zero. My son's company won't do business there. As big as the carrot is.

 

[quinnmac000]

China has a little under 12 hours....

 

[Modok]

I think they were getting the China date confused with the original EU one which was on October 19th

 

[quinnmac000]

EU approved with it having to sell off some assets in the EEA markets....additionally Disney called off sale of Endemol Shine and will continue co-ownership.
European Commission Approves Disney’s $71 Billion Acquisition Of Fox | Deadline
According to Bloomberg, Comcast is done with European M&A since they have acquired Sky.
Bloomberg: Comcast done with Europe M&A after Sky - Comcast Corporation (NASDAQ:CMCSA) | Seeking Alpha

 

[zg44]

EU approved with it having to sell off some assets in the EEA markets....additionally Disney called off sale of Endemol Shine and will continue co-ownership.
European Commission Approves Disney’s $71 Billion Acquisition Of Fox | Deadline
According to Bloomberg, Comcast is done with European M&A since they have acquired Sky.
Bloomberg: Comcast done with Europe M&A after Sky - Comcast Corporation (NASDAQ:CMCSA) | Seeking Alpha

'“Our plate is full; we know what we are doing; we’re pausing the share buyback and focusing on the balance sheet," CEO Brian Roberts says about continental expansion.'

I think that means a temporary 3-5 year pause to lower debt load by $20-30 billion. I'd be surprised if it meant any sort of longer pause than that; Sky is strong in the UK but needs further asset purchases (read: cable units) in Germany, Austria, Italy, and Spain to stabilize their continental operations.

 

[Mad Dog]

'“Our plate is full; we know what we are doing; we’re pausing the share buyback and focusing on the balance sheet," CEO Brian Roberts says about continental expansion.'

I think that means a temporary 3-5 year pause to lower debt load by $20-30 billion. I'd be surprised if it meant any sort of longer pause than that; Sky is strong in the UK but needs further asset purchases (read: cable units) in Germany, Austria, Italy, and Spain to stabilize their continental operations.

Wise move on Comcast part. Consolidate, learn the market inside & out, & get Sky where they want it to be....and then, if the situation warrants, pursue whatever looks right for the market.

 

[Viator]

 

[HereWeGo]

I’m not sure why anyone would think this would not happen but just in case you thought differently, here ya go. It’s done.

Disney Gets China Approval for Fox Acquisition | Hollywood Reporter

 

[zg44]

I’m not sure why anyone would think this would not happen but just in case you thought differently, here ya go. It’s done.

Disney Gets China Approval for Fox Acquisition | Hollywood Reporter

It's a credit to Iger and his personal relationships that it got through.

There's serious bad-blood between the US and China right now on trade related issues, and China's slow-playing US corporate mergers that require Chinese approval; some are going to probably end up cancelled if China is as aggressive in other sectors as they've been in slowing semiconductor mergers.

 

[HereWeGo]

It's a credit to Iger and his personal relationships that it got through.

Oh it totally comes down to Iger and his abilities. I never doubted that he would make it happen. Plus, it seems that Disney has always had a pretty good relationship with China in general.

 

[Viator]

Fox, Disney Hit With $1.75 Billion Suit for Backing Away from Malaysian Theme Park | Hollywood Reporter

 

[Mad Dog]

Fox, Disney Hit With $1.75 Billion Suit for Backing Away from Malaysian Theme Park | Hollywood Reporter

It won't connect. Any details that you can recall?