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

[WondersOfLife]

Iger and Murdoch will be toasting in Club 33.

This is why I'm not even bothering with voting.

 

[mab7689]

I am on the live stream of the Disney vote now. It's an audio stream.

 

[mab7689]

Disney shareholders have approved the transaction. 99% in favour.

 

[Rodan75]

Wasn't @seascape planning to attend one of these sessions in person?

 

[mab7689]

Fox shareholders have also voted in favour. John Nallen, the CFO of 21st Century Fox, said that the merger is expected to be completed in the first half of 2019.

 

[Rodan75]

Ehhh... "20th Century" isn't exactly a good brand name in the 21st century. Even the parent company of 20CF changed its name to 21st Century Fox.

Something like "New Century Studios", or more explicitly leveraging Disney's brand: "Disney New Century Studios."

Yeah, that is my thought as well. When you step back, while 20CF is iconic, it is out of date and the FOX branding has become more synonymous with Murdoch.

I suspect that the Disney name will be kept off of any updated fanfare. I think Fox Searchlight could likely just become Searchlight Pictures.

It will be interesting to see how this evolves and how quickly it evolves. AT&T wasted no time changing the outdated name of Time Warner.

 

[Rodan75]

Fox shareholders have also voted in favour. John Nallen, the CFO of 21st Century Fox, said that the merger is expected to be completed in the first half of 2019.

That seems so far away for a merger that has already been approved in the US.

 

[mab7689]

That seems so far away for a merger that has already been approved in the US.

Still awaiting international regulatory clearances.

 

[Rodan75]

Still awaiting international regulatory clearances.

I know...but that is still a long time. lol

 

[Doc Peters]

In regards to Dark Phoenix and New Mutants, there are rumors floating around the internet that they will both be scrapped. Check out this article for more details https://www.comicbookmovie.com/x-me...hat-and-dark-phoenix-will-be-scrapped-a162479

 

[mab7689]

I know...but that is still a long time. lol

Just depends how many there are and how efficient each of those governments is. It's really difficult to find information on that though.

 

[AnotherDayAnotherDollar]

Ehhh... "20th Century" isn't exactly a good brand name in the 21st century. Even the parent company of 20CF changed its name to 21st Century Fox.

Something like "New Century Studios", or more explicitly leveraging Disney's brand: "Disney New Century Studios."

21st Century Studios then. Or whatever. The subsidiary will presumably still release R rated movies though. I highly doubt it'll have the Disney name on it.

That seems so far away for a merger that has already been approved in the US.

That's playing it safe with the timeline and guidance given in Dec 2017. The deal probably closes by Xmas IMO.

 

[the.dreamfinder]

In regards to Dark Phoenix and New Mutants, there are rumors floating around the internet that they will both be scrapped. Check out this article for more details https://www.comicbookmovie.com/x-me...hat-and-dark-phoenix-will-be-scrapped-a162479

Can we scrap “Bohemian Rhapsody”, directed by alleged serial rapist Bryan Singer, too?

 

[MisterPenguin]

21st Century Studios then.

21st Century is Murdoch's parent company for right-wing news. I'll bet money Disney won't use it.

 

[bartholomr4]

21st Century Studios then. Or whatever. The subsidiary will presumably still release R rated movies though. I highly doubt it'll have the Disney name on it.



That's playing it safe with the timeline and guidance given in Dec 2017. The deal probably closes by Xmas IMO.

It's one of those things you don't want to comment on, because you don't want to say something that the regulators will react too by slowing things down!

 

[Rodan75]

So do we know how much, if any, horse trading is now allowed between Disney-Fox and Comcast? Can they have discussions about the 39% in Comcast vs the 30% in Hulu. It seems like Disney now has the upper hand to get whatever it wants in exchange for not bidding up SKY.

Or is it willing to settle for not getting anything from Comcast and will bid up SKY out of spite for driving up the Fox cost. I don't think Disney can win SKY away from Comcast at this point, but they can drive up the price. (I'm assuming Disney has limits for how much debt they really want to take on)

 

[Sped2424]

Can't wait to see what future projects this will suck the funding out of!

 

[Lensman]

t will be interesting to see how this evolves and how quickly it evolves. AT&T wasted no time changing the outdated name of Time Warner.

I wonder if that was because so many people confused Time Warner with Time Warner Cable? I remember reading an article in the WSJ about how CEO Jeff Bewkes received "an expletive laden email from a consumer" and how he called the "gentleman" back and informed him that he needed to contact "the other Time Warner".

I anticipate a quick change to 20th Century Studios or maybe even Century Studios.

 

[Indy_UK]

Doubt they will have any issues going forward now it’s been approved.

Now they can start looking through the ton of IP they are getting and how they can use them going forward.

 

[Rodan75]

I wonder if that was because so many people confused Time Warner with Time Warner Cable? I remember reading an article in the WSJ about how CEO Jeff Bewkes received "an expletive laden email from a consumer" and how he called the "gentleman" back and informed him that he needed to contact "the other Time Warner".

I anticipate a quick change to 20th Century Studios or maybe even Century Studios.

Yeah, that brand identification issue is why I think the Fox name will disappear from the Disney owned side of things quickly. I'm sure there will be lots of gnashing of teeth whatever they do.