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

MisterPenguin

Rumormonger
Premium Member
The official Disney website updated showing a bunch of fox properties including avatar deadpool and Simpson's.
Got
  • LucasFilm
  • Fox Searchlight
  • Pixar
  • Fox Studios
  • Marvel
  • Fox TV
  • NatGeo
  • India's Star Sports
  • ABC News
  • Fox Marvel
  • Disney Animation
  • FX TV
  • Disney Animation
  • Fox Sports


So, two things:
  1. Fox Sports has to be sold off. Bye, Cardinals!
  2. Bite it, Disney (Live Action) Studios!! No spotlight for you! No plug for you, Dumbo, Aladdin, or Lion King!!!
 

Rodan75

Well-Known Member
I hope within the next couple of weeks they start to announce talent deals to keep some of these Fox creators in the fold. It would be a strong opening move to show they can keep the best of Fox’s more creator driven culture.
 

Musicman20

Well-Known Member
This will have definitely been covered prior, but what happens to the Simpsons area/ride at Universal? Does it stay for a certain amount of time?
 

CaptainAmerica

Premium Member
Got
  • LucasFilm
  • Fox Searchlight
  • Pixar
  • Fox Studios
  • Marvel
  • Fox TV
  • NatGeo
  • India's Star Sports
  • ABC News
  • Fox Marvel
  • Disney Animation
  • FX TV
  • Disney Animation
  • Fox Sports


So, two things:
  1. Fox Sports has to be sold off. Bye, Cardinals!
  2. Bite it, Disney (Live Action) Studios!! No spotlight for you! No plug for you, Dumbo, Aladdin, or Lion King!!!
That baseball image doesn't represent Fox Sports, it's ESPN.
 

seascape

Well-Known Member
Why would there be any change in the existing contract?
There is no change but when Disney purchased Marvel, the access to Universal's Orlando information was supposed to be kept solely with the Marvel subsidiary. Now that there is no Fox, Disney gets the numbers to both Hollywood and Orlando from owning the Simpson's. And since Universal just built the Hollywood Simpsons land there they will make more of the Simpson's in the US than they do off Marvel.
 

bartholomr4

Well-Known Member
Email from Bob Iger to All Employees this morning!



I’m proud to announce the acquisition is complete and 21st Century Fox is now part of The Walt Disney Company. I’d like to welcome our new colleagues, and thank employees on both sides of the deal for your patience and perseverance as we worked through the lengthy acquisition and regulatory process.

As you know, Disney has never been short on ambition. We’ve never been satisfied with the status quo, and our vision for this transformative era is our boldest yet. We are rapidly transforming our company to take full advantage of evolving consumer trends and emerging technology in order to thrive in this new and exciting time.

Our acquisition of 21st Century Fox was driven by our strong belief that the addition of these great businesses, brands, franchises and talent will allow us to move faster, reach farther and aim higher – especially when it comes to building direct connections with consumers.

I wish I could tell you that the hardest part is behind us; that closing the deal was the finish line, rather than just the next milestone. What lies ahead is the challenging work of uniting our businesses to create a dynamic, global entertainment company with the content, the platforms, and the reach to deliver industry-defining experiences that will engage consumers around the world for generations to come.

We’ve spent the last year exploring the new opportunities and synergies generated by bringing our two legendary companies together. Leaders across both organizations have worked closely together to understand how to best unlock this potential and unleash innovation and creativity to generate long-term growth. We’re confident in our integration strategy and in our ability to execute it effectively; and we’re inspired and energized by the new possibilities.

Our integration process will be an evolution, with some businesses impacted more than others. We’ve made many critical decisions already, but some areas still require further evaluation. We may not have answers to all of your questions at this moment, but we understand how vital information is, and we’re committed to moving as quickly as possible to provide clarity regarding how your role may be impacted.

Having been on both sides of numerous acquisitions during my career, I have a deep appreciation for how this one impacts everyone involved, on both a personal and professional level. I understand the challenges, and I ask for your continued patience in the days to come as we combine this collection of great assets to create the world’s premier entertainment company.
 

doctornick

Well-Known Member
It can stay for as long as Universal wants, just like their Marvel attractions.
does it? I'm not saying that's not possible, but it really depends on the contact specifics. The Marvel contract for IoA is in perpetuity but the Simpsons contract could very easily/likely have an end date or renewal specifications.
 

AnotherDayAnotherDollar

Well-Known Member
Got
  • LucasFilm
  • Fox Searchlight
  • Pixar
  • Fox Studios
  • Marvel
  • Fox TV
  • NatGeo
  • India's Star Sports
  • ABC News
  • Fox Marvel
  • Disney Animation
  • FX TV
  • Disney Animation
  • Fox Sports


So, two things:
  1. Fox Sports has to be sold off. Bye, Cardinals!
  2. Bite it, Disney (Live Action) Studios!! No spotlight for you! No plug for you, Dumbo, Aladdin, or Lion King!!!
Cardinals = ESPN.

It can stay for as long as Universal wants, just like their Marvel attractions.
I don't think that's true. While I have looked (and haven't found) the Simpsons contract, I have found the Harry Potter contract and that has an expiration date of 2029 (with Universal picking an extension option in 2019 and 2024). That might have been amended recently. I think that's more relevant because it's a contract with a big enterprise like 21CF was at the time (TW) and not a tiny one on the verge of bankruptcy like Marvel in the early 90s.

One of the things Disney gets owning the Simpson's is that they now have access to all Universal's attendance, revenue and spending numbers in both Orlando and Florida.
You mean Orlando and California. They already good access to data for the FL park because of Marvel, but yeah.

Email from Bob Iger to All Employees this morning!



I’m proud to announce the acquisition is complete and 21st Century Fox is now part of The Walt Disney Company. I’d like to welcome our new colleagues, and thank employees on both sides of the deal for your patience and perseverance as we worked through the lengthy acquisition and regulatory process.

As you know, Disney has never been short on ambition. We’ve never been satisfied with the status quo, and our vision for this transformative era is our boldest yet. We are rapidly transforming our company to take full advantage of evolving consumer trends and emerging technology in order to thrive in this new and exciting time.

Our acquisition of 21st Century Fox was driven by our strong belief that the addition of these great businesses, brands, franchises and talent will allow us to move faster, reach farther and aim higher – especially when it comes to building direct connections with consumers.

I wish I could tell you that the hardest part is behind us; that closing the deal was the finish line, rather than just the next milestone. What lies ahead is the challenging work of uniting our businesses to create a dynamic, global entertainment company with the content, the platforms, and the reach to deliver industry-defining experiences that will engage consumers around the world for generations to come.

We’ve spent the last year exploring the new opportunities and synergies generated by bringing our two legendary companies together. Leaders across both organizations have worked closely together to understand how to best unlock this potential and unleash innovation and creativity to generate long-term growth. We’re confident in our integration strategy and in our ability to execute it effectively; and we’re inspired and energized by the new possibilities.

Our integration process will be an evolution, with some businesses impacted more than others. We’ve made many critical decisions already, but some areas still require further evaluation. We may not have answers to all of your questions at this moment, but we understand how vital information is, and we’re committed to moving as quickly as possible to provide clarity regarding how your role may be impacted.

Having been on both sides of numerous acquisitions during my career, I have a deep appreciation for how this one impacts everyone involved, on both a personal and professional level. I understand the challenges, and I ask for your continued patience in the days to come as we combine this collection of great assets to create the world’s premier entertainment company.
I wonder what areas still require further evaluation.
 
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CaptainAmerica

Premium Member
does it? I'm not saying that's not possible, but it really depends on the contact specifics. The Marvel contract for IoA is in perpetuity but the Simpsons contract could very easily/likely have an end date or renewal specifications.
Cardinals = ESPN.



I don't think that's true. While I have looked (and haven't found) the Simpsons contract, I have found the Harry Potter contract and that has an expiration date of 2029 (with Universal picking an extension option in 2019 and 2024). That might have been amended recently. I think that's more relevant because it's a contract with a big enterprise like 21CF was at the time (TW) and not a tiny one on the verge of bankruptcy like Marvel in the early 90s.



You mean Orlando and California. They already good access to data for the FL park because of Marvel, but yeah.



I wonder what areas still require further evaluation.
Fair point re: Universal / Simpsons, but it would have been very unwise for them to negotiate theme park rights that can expire without an option to renew. It's not like movie rights. If movie rights expire, you just stop making movies. No big deal. If them park rights expire it's extremely expensive to rip out rides and attractions to retheme entire lands.
 
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