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News Disney and Fox come to terms -- announcement soon; huge IP acquisition
- Thread starter ohioguy
- Start date
CTFN is a paid for subscription website for people with corporate connections so unless there are any contributors who are don't expect the full content of the article to make it's way in here.
bartholomr4
Well-Known Member
More of what we have seen from Mexico/Brazil
https://www.cbr.com/disney-fox-merger-under-threat-in-mexico/
The 21st Century Fox and Disney merger has hit one major snag due to strict regulations in Mexico. Per analysts, the deal must undergo regulations in Mexico to ensure it affects "pay television companies" and their 30 million subscribers.
According to El Universal, sources close to both Fox and Disney, who continue to operate separately for the time being, have reassured that there will be an increase of 20% in prices by year's end. This increase is expected to mainly affect subscribers of "restricted television," with the expectation being both companies will "transfer most of the costs directly to their customers."
The merger, which has (thus far) moved ahead as expected in most markets, will see the duo essentially monopolize sports television in Mexico as Statista reports the companies will go on to own 27.9% of the content distribution industry. That's more than Warner Bros., which owns 15.2%, Sony and Columbia with 12.10%, and Universal Pictures' 11.45%. As it stands, the forthcoming merger is currently awaiting approval in multiple Latin American countries, including Brazil and Mexico.
https://www.cbr.com/disney-fox-merger-under-threat-in-mexico/
The 21st Century Fox and Disney merger has hit one major snag due to strict regulations in Mexico. Per analysts, the deal must undergo regulations in Mexico to ensure it affects "pay television companies" and their 30 million subscribers.
According to El Universal, sources close to both Fox and Disney, who continue to operate separately for the time being, have reassured that there will be an increase of 20% in prices by year's end. This increase is expected to mainly affect subscribers of "restricted television," with the expectation being both companies will "transfer most of the costs directly to their customers."
The merger, which has (thus far) moved ahead as expected in most markets, will see the duo essentially monopolize sports television in Mexico as Statista reports the companies will go on to own 27.9% of the content distribution industry. That's more than Warner Bros., which owns 15.2%, Sony and Columbia with 12.10%, and Universal Pictures' 11.45%. As it stands, the forthcoming merger is currently awaiting approval in multiple Latin American countries, including Brazil and Mexico.
This is all about sports and the biggest reason Disney is making a great deal buying Fox. In the US everyone is looking at the movies and IP rights but many are overlooking the amount of television coverage Fox owned in Central and South America. In fact when the total Fox audience is added in those areas as well as India it will clearly show how big the new Disney Fox will be. Mexico and Brazil will approve the merger with small adjustment required for sports programming. Minor considering the amount of consumers Disney will reach.
bartholomr4
Well-Known Member
I agree they will approve.... Just wondering if these approvals will come in the next 2 weeks, 2 months, or next summer. It seams like the political nature of the merger crossing so many countries is a slow train coming.
Lafayettecalboy
Member
Just like with the Brazilian authorities, hopefully, Disney can work with Mexican authorities to resolve concerns they have and then Mexico can approve the deal.
brodie999
Active Member
Agreed. Hopefully, if it doesn't take months as expected, then the deal might be completed by January, making Peter Rice's prediction come true. Disney probably knows we're all expecting the merger to be completed at that time.
Lafayettecalboy
Member
I agree and in fact, some people think that Disney does not need Brazil and Mexico and they can just withdraw from the market when they are really growing markets for entertainment. Brazil and Mexico love Marvel movies, and for Mexico Coco which is a Disney/Pixar movie it is the highest grossing movie in Mexico, so there is no way that Disney would back away from Mexico and Brazil, and although some people are fearing about Latin America, they should not worry because if Disney is able to deal with Comcast in their fight for Fox, they are able to work productively with the Mexican and Brazilian governments.
Twilight_Roxas
Well-Known Member
If they try to prevent the merge they won't feel so good with a lot of angry Marvel fans, and the Infinity Gauntlet targeting both Brazil, and Mexico.
Lafayettecalboy
Member
As a Marvel fan, it's tough for me to not release my anger and wanting to boycott both Brazil and Mexico, but I have to realize that this is a huge merger between two large entertainment companies, and they have rights to be concerned especially with cable sports. I just have to leave the fanboy side out of me and realize this merger is not about Marvel rights, but about entertainment.
bartholomr4
Well-Known Member
https://nypost.com/2018/12/17/mlb-eyes-giving-teams-streaming-rights-challenging-pay-tv-mode
Article about MLB giving streaming rights (in-market) to the teams, which could hurt the value of the 22 RSN's
Baseball may be big on tradition — but that could change. Major League Baseball is discovering the upside of streaming and moving away from a pay-TV-focused model, according to some league insiders. The prospect for change is happening because MLB’s current contract with 22 Fox regional sports networks expires at year-end. As part of that deal, each RSN pays the league $2 million for those streaming rights.
Disney is in the process of selling the 22 RSNs as a condition of its $71 billion deal to buy the majority of Twenty-First Century Fox entertainment assets. Now, though, the individual teams want in on the action, The Post has learned, which could mean the name of the game for baseball fans would be cutting cords and beefing up their broadband. MLB favors a plan to transfer in-market streaming rights from the league to individual teams, three sources close to the talks said.
Many of the teams, especially the Yankees, have been pushing to get in-market streaming rights for about five years. That’s the prediction from the insiders who say MLB is quietly handing over the internet streaming rights for in-market games to the individual team franchises themselves, The Post has learned. This streaming model plan would really hurt the cable companies, a sports investment banker told The Post.
Article about MLB giving streaming rights (in-market) to the teams, which could hurt the value of the 22 RSN's
Baseball may be big on tradition — but that could change. Major League Baseball is discovering the upside of streaming and moving away from a pay-TV-focused model, according to some league insiders. The prospect for change is happening because MLB’s current contract with 22 Fox regional sports networks expires at year-end. As part of that deal, each RSN pays the league $2 million for those streaming rights.
Disney is in the process of selling the 22 RSNs as a condition of its $71 billion deal to buy the majority of Twenty-First Century Fox entertainment assets. Now, though, the individual teams want in on the action, The Post has learned, which could mean the name of the game for baseball fans would be cutting cords and beefing up their broadband. MLB favors a plan to transfer in-market streaming rights from the league to individual teams, three sources close to the talks said.
Many of the teams, especially the Yankees, have been pushing to get in-market streaming rights for about five years. That’s the prediction from the insiders who say MLB is quietly handing over the internet streaming rights for in-market games to the individual team franchises themselves, The Post has learned. This streaming model plan would really hurt the cable companies, a sports investment banker told The Post.
There's a bigger picture. I honestly don't think these regulators are concerned one bit about entitled nerds overreacting.
Twilight_Roxas
Well-Known Member
Guess you didn't see the Marvel fans lashing out at Comcast when they try to steal Fox.
No, and I seriously doubt what was probably a bit of social media activity had any bearing on the final outcome.
Comcast reportedly conceded defeat on the grounds that some shareholders wouldn't support Roberts in the pursuit due to concerns of the debt it would bring. Once again a bigger picture, nothing to do with Marvel fan reaction.
bartholomr4
Well-Known Member
Disney Executive Says Deal With 21CF is Almost Done
https://heroichollywood.com/disney-executive-fox-deal-almost-done/
During an interview with The Hollywood Reporter, Disney executive Kevin Mayer provided an update on the company’s deal with 21st Century Fox.
Disney’s acquisition of 21st Century Fox’s key nearly hit a roadblock when Comcast made a competing offer in June 2018 and while Disney ultimately won the bidding war, the deal still has international regularly hurdles to clear. However, Walt Disney direct-to-consumer and international offers chairman Kevin Mayer noted that the deal is nearly closed and expressed his excitement about the future:
“The deal closing keeps me up at night, but it is almost done and closed. I’m eager to execute. I’m eager to get these services out in the public’s hands. That is an excitement more than it is a nervousness.”
To date, the acquisition has already been approved by European antitrust regulators, though this go-ahead required Disney to sell its stakes in Europe in such networks including Lifetime and History. China approved of the deal without any conditions. The deal would bring together Fox franchises including X-Men, Fantastic Four, Avatar, and The Simpsons with Disney’s Star Wars, Marvel, and Pixar properties.
https://heroichollywood.com/disney-executive-fox-deal-almost-done/
During an interview with The Hollywood Reporter, Disney executive Kevin Mayer provided an update on the company’s deal with 21st Century Fox.
Disney’s acquisition of 21st Century Fox’s key nearly hit a roadblock when Comcast made a competing offer in June 2018 and while Disney ultimately won the bidding war, the deal still has international regularly hurdles to clear. However, Walt Disney direct-to-consumer and international offers chairman Kevin Mayer noted that the deal is nearly closed and expressed his excitement about the future:
“The deal closing keeps me up at night, but it is almost done and closed. I’m eager to execute. I’m eager to get these services out in the public’s hands. That is an excitement more than it is a nervousness.”
To date, the acquisition has already been approved by European antitrust regulators, though this go-ahead required Disney to sell its stakes in Europe in such networks including Lifetime and History. China approved of the deal without any conditions. The deal would bring together Fox franchises including X-Men, Fantastic Four, Avatar, and The Simpsons with Disney’s Star Wars, Marvel, and Pixar properties.
bartholomr4
Well-Known Member
From EPICSTREAM: http://epicstream.com/news/TinyDiap...r-Expected-To-Come-To-A-Completion-Next-Month
Despite major hurdles from regulatory boards in Mexico and Brazil, it looks like Disney’s acquisition of 21st Century Fox and its film and television assets is finally moving to a close next month.
A new report from NBC News says that industry insiders and executives are all expecting the Mickey Mouse House’s deal with Fox to come to a close during the last week of January next year, bringing together both companies in a major media merger.
This is major news for those following the merger between Disney and Fox. While there are those wary of the power the Mickey Mouse House might wield after obtaining Fox’s various assets, Marvel fans are looking forward to the acquisition knowing that the merger would bring with it the arrival of the X-Men, Fantastic Four, and all of the studio’s other mutants, in the Marvel Cinematic Universe.
The past few months there have been rumors that Fox’s Marvel characters might pop up in Marvel Studio’s upcoming 2019 offerings like Captain Marvel, Spider-Man: Far From Home, and Avengers: Endgame. Unfortunately, these rumors seem highly unlikely. After all, production on these films has long since been finalized months before the completion of the merger between Fox and Disney.
Still, with the acquisition coming to a completion, the arrival of Fox’s Marvel properties into the MCU draws closer and closer, allowing the possibility of seeing the mutants play around with fan-favorite characters like Iron Man (Robert Downey Jr.), Star-Lord (Chris Pratt), Rocket Racoon (Bradley Cooper) and so many others.
Despite major hurdles from regulatory boards in Mexico and Brazil, it looks like Disney’s acquisition of 21st Century Fox and its film and television assets is finally moving to a close next month.
A new report from NBC News says that industry insiders and executives are all expecting the Mickey Mouse House’s deal with Fox to come to a close during the last week of January next year, bringing together both companies in a major media merger.
This is major news for those following the merger between Disney and Fox. While there are those wary of the power the Mickey Mouse House might wield after obtaining Fox’s various assets, Marvel fans are looking forward to the acquisition knowing that the merger would bring with it the arrival of the X-Men, Fantastic Four, and all of the studio’s other mutants, in the Marvel Cinematic Universe.
The past few months there have been rumors that Fox’s Marvel characters might pop up in Marvel Studio’s upcoming 2019 offerings like Captain Marvel, Spider-Man: Far From Home, and Avengers: Endgame. Unfortunately, these rumors seem highly unlikely. After all, production on these films has long since been finalized months before the completion of the merger between Fox and Disney.
Still, with the acquisition coming to a completion, the arrival of Fox’s Marvel properties into the MCU draws closer and closer, allowing the possibility of seeing the mutants play around with fan-favorite characters like Iron Man (Robert Downey Jr.), Star-Lord (Chris Pratt), Rocket Racoon (Bradley Cooper) and so many others.
brodie999
Active Member
This brings the deal one step to becoming a done deal!! Hopefully, if things go more smoothly with Brazil and Mexico, then it might close sooner than expected. Disney is known to react with speed, so hopefully, they'll be able to convince those countries to give the acquisition the green light.
brodie999
Active Member
Breaking News: Marvel may start introducing the Fantastic Four and X-Men into the MCU sooner than expected.
The highly-anticipated Disney/Fox deal is reportedly set to close next month and with it, Marvel Studios will suddenly have hundreds of additional characters they'll be able to use in live-action properties. According to Marvel Studios boss Kevin Feige, properties based on the characters acquired in the Fox may enter development within the next six months.
Speaking on Variety's Playback podcast, Feige says X-Men and Fantastic Four-based properties could enter development in the earlier part of next year.
"No," Feige said when asked if he's been working with Fox-owned characters. "But we've been told it's looking very, very good and could happen in the first six months of next year."
It should be noted that the deal has hit a few snags in markets like Brazil and Mexico, even though it's expected to be a relatively easy deal to close. In addition to the X-Men and Fantastic Four franchise, Disney is purchasing a slew of other assets including blockbuster franchises like James Cameron's Avatar and Ridley Scott's Alien universe. Walt Disney Co. also ends up purchasing a handful of channels including FX, FXX, and FXM.
In addition to new franchises and channels, Disney will also acquire Fox's ownership of Hulu, giving the House of Mouse a majority stake (60%) in the streaming platform.
The highly-anticipated Disney/Fox deal is reportedly set to close next month and with it, Marvel Studios will suddenly have hundreds of additional characters they'll be able to use in live-action properties. According to Marvel Studios boss Kevin Feige, properties based on the characters acquired in the Fox may enter development within the next six months.
Speaking on Variety's Playback podcast, Feige says X-Men and Fantastic Four-based properties could enter development in the earlier part of next year.
"No," Feige said when asked if he's been working with Fox-owned characters. "But we've been told it's looking very, very good and could happen in the first six months of next year."
It should be noted that the deal has hit a few snags in markets like Brazil and Mexico, even though it's expected to be a relatively easy deal to close. In addition to the X-Men and Fantastic Four franchise, Disney is purchasing a slew of other assets including blockbuster franchises like James Cameron's Avatar and Ridley Scott's Alien universe. Walt Disney Co. also ends up purchasing a handful of channels including FX, FXX, and FXM.
In addition to new franchises and channels, Disney will also acquire Fox's ownership of Hulu, giving the House of Mouse a majority stake (60%) in the streaming platform.
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Twilight_Roxas
Well-Known Member
I wonder if Disney will add Somewhere in my memory from Home Alone in future nighttime Holiday shows like World of Color Season of Light, and any other nighttime holiday show?