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  1. bartholomr4

    Sony & MARVEL are friends again; Spider-Man is back in the MCU

    Will be interesting to hear what else is in the deal.... The release only talks about one more Spider-man movie and a MCU Marvel movie Spidey will be in... Wonder if this includes any of the other Spider-verse characters and their movies..... I love Kevin Feige's comment about "you don't know...
  2. bartholomr4

    Ex-Disney accountant alleges major accounting fraud in parks and resorts division

    If he or his client owned Disney shares, they can probably demonstrate standing
  3. bartholomr4

    Ex-Disney accountant alleges major accounting fraud in parks and resorts division

    Sure is.... Doesn't mean anything happened. Former Attorney General's can't file "Criminal Charges". They can file civil charges, and they have the burden of proof....
  4. bartholomr4

    Ex-Disney accountant alleges major accounting fraud in parks and resorts division

    The key words here is "Former" Louisiana Attorney General..... This is ambulance chasing at best..... Every time there is an issue with a company, lawyers in droves come out and announce investigations looking to represent a class action representing shareholders only to hold the company...
  5. bartholomr4

    News Disney and Fox come to terms -- announcement soon; huge IP acquisition

    Disney Announced the tender was oversubscribed and increased the amount of debt they are re-purchasing by $2.25 billion. There is a mixture of Disney and 21CF debt being reduced as a result of the repurchase by $4.2 billion. Disney is performing an early closing today on these bonds. The...
  6. bartholomr4

    Sony & MARVEL are friends again; Spider-Man is back in the MCU

    https:///2019/09/oped-thanks-to-apple-disney-might-have-checkmate-on-sony-tm1/?utm_content=bufferabe8f&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer @AnotherDayAnotherDollar You may be interested in this! From the OpEd.... "NOW, Yahoo Finance reported that...
  7. bartholomr4

    Sony & MARVEL are friends again; Spider-Man is back in the MCU

    It's reeallly unlikely, just being realistic. From what we know of the contract and how the two companies are playing it off. I believe the contract negotiations are about what Disney/Marvel get in the form of additional control of the Spiderverse for moving from 50/50 to 70/30. Your point is...
  8. bartholomr4

    Fox Properties at Disney parks

    https://www.insideuniversal.net/2019/03/lets-talk-about-the-simpsons-rights-at-universal-parks/ Some helpful info about the Simpsons and Universal
  9. bartholomr4

    Sony & MARVEL are friends again; Spider-Man is back in the MCU

    Ya, one of the items in the 2015 agreement is Disney gets 100% of the “Classic” consumer products royalties and Sony and Marvel split the revenue for any movie related consumer product royalties where the movie includes Spider-man for (something like)90 days before release and while the movie is...
  10. bartholomr4

    Sony & MARVEL are friends again; Spider-Man is back in the MCU

    They have to make one movie every three years, or three within 8 years (I.e. two movies could be more than 3 years apart). Every time they make a new movie the calendar resets. If Sony does not meet this criteria, the rights fall back to Marvel. Any movie within the Spiderverse qualifies to...
  11. bartholomr4

    News Disney and Fox come to terms -- announcement soon; huge IP acquisition

    Per a posting yesterday and today on SEC.gov, Disney went to the bond market and borrowed about $7 billion in debt and made an offer to repurchase (pay-off) any and all outstanding 21CF debt. This appears to be a swap of low interest rate notes for higher interest rate notes and may or may not...
  12. bartholomr4

    News Disney and Fox come to terms -- announcement soon; huge IP acquisition

    Disney filed a report today with the SEC, related to the sale of the Fox Networks. The YES Network sale closed today. In the report Disney detailed a total receipt of 11.7 billion in cash for the sale of all of the Fox Networks, and the transfer of 4.4 Billion in debt, with the net sale value...
  13. bartholomr4

    News Disney and Fox come to terms -- announcement soon; huge IP acquisition

    I agree. With the expanding investment in Hulu, total debt will not drop to the level it would have. It may be semantics, but Comcast can continue to fund its portion of the debt to maintain their equity position. They also can choose not to, but if they don't, Disney's % ownership in Hulu...
  14. bartholomr4

    News D23 Expo 2019

    My impression is Disney promised us the world at the last couple of D23’s. And they couldn’t deliver it all, and had to take some of it back ( probably for financial reasons, and granted we may not like the fact they pulled them back) like Galaxy’s Edges 3rd ride and cut back on experiences...
  15. bartholomr4

    News Disney and Fox come to terms -- announcement soon; huge IP acquisition

    From a regulatory legal perspective, that is all that remains.
  16. bartholomr4

    News Disney and Fox come to terms -- announcement soon; huge IP acquisition

    Yes, that is what I tried to say somewhat clumsily.... The $6 billion dollar loss would result in a tax benefit of their Federal Tax Rate time $6 Billion or somewhere between $1.3 to $1.8 billion (I am not sure of their tax rate) in reduction in taxes they wouldn’t have to pay, which would get...
  17. bartholomr4

    News Disney and Fox come to terms -- announcement soon; huge IP acquisition

    Yes, It appears they acquired about 22.1 Billion in long-term debt from 21CF as of the Merger date (from the SEC). Old Disney had about $24 Billion at the time of the merger, for a total then of roughly $46 Billion. At the last earnings report, that total had fallen to $36.3 Billion. I...
  18. bartholomr4

    News Disney and Fox come to terms -- announcement soon; huge IP acquisition

    Actually, I suspect they will retire a bunch of 21CF debt, they acquired with the purchase as it is high cost debt vs today's interest rates.
  19. bartholomr4

    News Disney and Fox come to terms -- announcement soon; huge IP acquisition

    The Yes network sale also will close by the end of the month. To understand the total impact to Disney you have to add the $9.6 from the Fox Regional Sports, plus almost $4 billion from the Yes Network plus the debt that each of these entities have (which transfers from Disney to Sinclair) for...
  20. bartholomr4

    News Disney and Fox come to terms -- announcement soon; huge IP acquisition

    Sinclair completes purchase of divested Fox Regional Sports Networks ReutersAugust 23, 2019 WASHINGTON (Reuters) - Sinclair Broadcast Group Inc <SBGI.O> on Friday completed a $9.6 billion deal to acquire Fox's 22 regional sports networks after the U.S. Justice Department gave its consent. The...
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