Movielover
Well-Known Member
I guess this will finally prove right to all those people who swear that Anastasia is a Disney movie!
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News Disney and Fox come to terms -- announcement soon; huge IP acquisition
- Thread starter ohioguy
- Start date
I guess this will finally prove right to all those people who swear that Anastasia is a Disney movie!
Twilight_Roxas
Well-Known Member
Plus both Anastasia & Epic could also be the first Fox animated films to be in Kingdom Hearts after III.
the.dreamfinder
Well-Known Member
Indy_UK
Well-Known Member
Despite still making more money overall, U.K. online streaming services has now overtaken PayTV. Do Disney really want to get into something like SKY?
https://www.engadget.com/2018/07/18/uk-streaming-subscribers-topple-pay-tv/
https://www.engadget.com/2018/07/18/uk-streaming-subscribers-topple-pay-tv/
AnotherDayAnotherDollar
Well-Known Member
This article suggests that Disney will try to compete for Sky and it'll be beneficial for them to do so. If that's the case, then any possible asset swap is gone. As I explained before Sky is considerably more valuable than any Marvel rights Comcast owns and Hulu put together. Disney will not even entertain the idea of swapping the rights if they win that bid as well.
the.dreamfinder
Well-Known Member
I have to again repeat my wish that Disney get Fox and Sky and rather than sell the Fox RSNs they spin them off to shareholders as a separate company. That said, the article does a great job of explaining the issues and advantages and disadvantages of getting it all or splitting it with Comcast.
As a themepark fan and knowing the values of Sky, Hulu and movie and themepark rights to Marvel characters and the use of Marvel name, I want a deal. Comcast really wants Sky because they feel they need to expand abroad. Disney can grow easily with the rest of the Fox assets. Therefore if a deal can be worked out that resolves the Marvel naming rights in the US and gives Disney all movie rights back then I would like a deal for Comcast to get Sky and Disney to get the 30% of Hulu and around $10 billion dollars. The 39% of Sky is worth $13.26 based on Comcast's offer less 2.4 billion for Hulu and the difference for the Marvel name back for US parks and all movie rights for Marvel characters Universal has. Otherwise Disney should up their bid for Sky until Comcast has to pay over $40 billion for Sky. Remember Disney already has Fox's 39% so they only have to buy 61%.
Um no it’s always been about content. Disney wants to compete with Netflix with its streaming service.THE
BrianLo
Well-Known Member
NOPE.
That's ancillary and completely not in line with every statement they've made about this merger. The Fox deal is about International TV to Comcast. Iger is an IP man first and foremost, every move he's ever made is suggestive of that. There's no real conspiracy for once.
the.dreamfinder
Well-Known Member
So Bob Iger lies, a lot.NOPE.
That's ancillary and completely not in line with every statement they've made about this merger. The Fox deal is about International TV to Comcast. Iger is an IP man first and foremost, every move he's ever made is suggestive of that. There's no real conspiracy for once.
The values speak for themselves. The Fox Film and TV Studio is estimated to be around $10 Billion. The bulk of the purchase price is for the TV assets like FX Networks, NatGeo, the 39% of Sky, Star and other international tv assets. (RSNs too, but they’ll be sold off so I’m not counting them)
This is an international TV deal with a content creation component.
BrianLo
Well-Known Member
I understand the values. I'm arguing motivation, if the motivation was purely international TV distributor they would not so willingly put themselves into a situation where they let that component go.
It's not an international TV deal if they don't acquire Sky. Which their guidance has been clear and upfront about as a distinct possibility. FX/NatGeo/Star are still largely content creators. Sky is not, it's a TV distribution service. It stands distinctly apart from the rest of the package.
If they lose Sky they still are left with everything they've always publicly said this deal is about anyways.
Rodan75
Well-Known Member
International Distribution is more than just linear television / SKY. This acquisition is about Content and Distribution. Fox with or without SKY fills some gaps for Disney internationally, Star India, cable channels and Studio distribution. They also get more mature content from Fox to fill out their content offerings.
This feels like a chocolate in my peanut butter type argument.
DocMcHulk
Well-Known Member
IT'S HAPPENING!
Comcast dropping out of Twenty-First Century Fox bidding war
Comcast dropping out of Twenty-First Century Fox bidding war
I don't get CNBC. It is almost like they have no idea what is going on in the UK and their merger rules. On July 27th, the same day as the Fox vote, the UK will rule on Comcasts Sky bid and if they have to offer to buy the 39% of Sky that Fox owns. Expect them to rule that the £14.75 bid is more than the minimum they would set based on their prior offer for Fox but that in order to protect all UK stockholders they have to offer Fox/Disney the same £14.75 a share. CNBC just doesn't get that. Anyway, the Sky deal is still not final and in the extremely unlike event that the UK does not rule that Comcast has to buy out Fox you can count on Disney bidding much more than £14.75 a share.
AnotherDayAnotherDollar
Well-Known Member
Something definitely happened in ID. Roberts and Iger (and Murdoch?) met. Which also makes me wonder if other Marvel rights that CMCSA owns were discussed. And if CMCSA is successful in its Sky acquisition an asset swap involving 39% of Sky, 30% of Hulu, Marvel rights, and cash can and probably will happen. If Disney buys Sky, forget about it. No swap.
I agree with most of your post but there is no way they had a meeting about this in ID. That would have illegal.
smile
Well-Known Member
smart
Rodan75
Well-Known Member
Agreed. The communication has been happening in filings, press releases and news leaks. Fox filed that it may or not up its bid for SKY and that Disney had to support the next move. That signaled that Fox/Disney may be willing to give up SKY. Comcast shortly after let slip that they may or may not bid for Fox and focus on SKY. Comcast reinforced that today with Roberts giving a congratulatory message to Iger and Murdoch, which I view as a request for Fox/Disney to let SKY go.
I respect what Roberts did today, but he didn't have a lot of room to maneuver here, Iger and the US Gov blocked his options. The big question is if after next week, Fox/Disney decide to bid up SKY.
And no way does Disney give up SKY or get Comcast's Hulu share without some agreement on Marvel rights. This is the only real chance Iger has to get them back. If it doesn't happen now, everyone can forget any chance of it happening in the future.
bartholomr4
Well-Known Member
Sky owns (much like Netflix this year) the distribution rights to the "old Disney" broadcast rights. I suspect with the Murdoch relationship they (Sky)also have a great deal of 21CF distribution rights. I would add these to the pot of items to be negotiated, as I suspect Disney will want to get them back and/or modify the contractual rights Sky has for those movies, so they can include them in the European version of the new Disney Streaming network. Because of this, I also agree the likelihood of a Sky counter-offer by Disney is very low, as a counter offer would definitely poison the well further....
There is alot both companies can trade, which would enhance the deal further for sure.