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

[Indy_UK]

YES Network Sold For $3.5B To Yankees, Amazon, Sinclair, Private Equity: Reports

Multiple media reports say the YES Network has been sold for $3.5 billion to a group including Amazon and Sinclair Broadcast Group.

deadline.com

That's quite a chunk of $$$. That would maybe buy AT&Ts sure from Hulu if not Comcast. Or drive down the Fox debt.

 

[seascape]

That's quite a chunk of $$$. That would maybe buy AT&Ts sure from Hulu if not Comcast. Or drive down the Fox debt.

It is actually less than the 3.9 billion fox paid for their 80% of YES.

 

[MisterPenguin]

I would think that splitting up the regional sports networks makes ESPN's competitors less powerful than having a rival buy them all together.

 

[Rosso11]

It is actually less than the 3.9 billion fox paid for their 80% of YES.

I’m pretty sure the 3.9 billion was the value placed on YES when fox bought the 80% in 2014. Not what they paid.

 

[MisterPenguin]

Fox to acquire majority control of N.Y. Yankees' YES Network

Fox to acquire majority control of N.Y. Yankees' YES Network

articles.latimes.com

Fox to acquire majority control of N.Y. Yankees' YES Network​

January 24, 2014|By Meg James​

Fox increased its stake to 80% of the New York Yankees' YES regional… (Rob Carr / Elsa/Getty Images )​

Regional sports networks continue to be the hottest ticket in media.​

21st Century Fox said Friday that it was taking a majority stake in the New York Yankees Entertainment and Sports Network, known as the YES Network, a little more than a year after Fox first invested in the popular regional sports channel.​

Fox said it would increase its stake to 80%, up from the 49% interest it bought in December 2012.​

Fox declined to say how much it was paying for its increased interest. It paid $584 million for the 49% stake in 2012.​

 

[Darkprime]

LL Cool J on politics in sports and making a new sports TV network

"Sports are great but the way they’ve been presented hasn’t been as entertaining for me. The voice, the take and everything around it, doesn’t, I think, enhance sports as much as it could."

www.nbcnews.com

Ice cube and his team have secured funding to buy Disney's regional sports networks. I may have missed it but is it all 21 networks or just a few if them?

 

[Rodan75]

LL Cool J on politics in sports and making a new sports TV network

"Sports are great but the way they’ve been presented hasn’t been as entertaining for me. The voice, the take and everything around it, doesn’t, I think, enhance sports as much as it could."

www.nbcnews.com

Ice cube and his team have secured funding to buy Disney's regional sports networks. I may have missed it but is it all 21 networks or just a few if them?

Outside of YES I don’t believe Disney was going to sell them piecemeal. I think there are at least 3 serious bidders on them at this point. Hopefully this sale generates some profit.

 

[Darkprime]

Disney is well on their way to earning back that 71.3 billion dollars.

Box Office: ‘Captain Marvel’ Flies to Historic $153M in U.S., $455M Globally

'Captain Marvel,' starring Brie Larson, shattered the glass ceiling in its box office debut with $455 million in worldwide ticket sales, including $153 million in North America.

www.hollywoodreporter.com

 

[Lafayettecalboy]

Tomorrow IFT Mexico is making their decision which is most likely yes since Disney is going to divest Fox Sports.

 

[Twilight_Roxas]

Tomorrow IFT Mexico is making their decision which is most likely yes since Disney is going to divest Fox Sports.

I hope so.

 

[Darkprime]

Cant wait for Fantastic Four and X-Men to open to $150-200M domestic under Feige.

 

[Lafayettecalboy]

I hope so.

No worries since Brazil said they collaborated with fellow regulators in Mexico since they share similar concerns regarding cable sports.

 

[MisterPenguin]

Disney is well on their way to earning back that 71.3 billion dollars.

Box Office: ‘Captain Marvel’ Flies to Historic $153M in U.S., $455M Globally

'Captain Marvel,' starring Brie Larson, shattered the glass ceiling in its box office debut with $455 million in worldwide ticket sales, including $153 million in North America.

www.hollywoodreporter.com

Huh? Capt. Marvel wasn't Fox.

 

[Darkprime]

Huh? Capt. Marvel wasn't Fox.

No but all profits from Disneys subsidiaries over the next few years will likely go to paying off the 71 billion dollars.

 

[JoeCamel]

No but all profits from Disneys subsidiaries over the next few years will likely go to paying off the 71 billion dollars.

80 mil is a long way from 71B? If you are looking for this to pay off the purchase price you will have a very long wait. Box office does not equate to earnings.

 

[Twilight_Roxas]

No worries since Brazil said they collaborated with fellow regulators in Mexico since they share similar concerns regarding cable sports.

And if they rejected, and cause major backlash?

 

[JoeCamel]

And if they rejected, and cause major backlash?

Major backlash from whom?

 

[Darkprime]

Major backlash from whom?

Pretty sure that account is a troll. It keeps posting that same thing every now and then.

 

[CaptainAmerica]

No but all profits from Disneys subsidiaries over the next few years will likely go to paying off the 71 billion dollars.

That's not how this works.

 

[Twilight_Roxas]

Pretty sure that account is a troll. It keeps posting that same thing every now and then.

I’m not a troll account. If I was I wouldn’t be supporting members, but harass instead.