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News Disney and Fox come to terms -- announcement soon; huge IP acquisition
- Thread starter ohioguy
- Start date
bartholomr4
Well-Known Member
https://finance.yahoo.com/news/sinclair-announces-launch-regional-sports-113500660.html
Sinclair going to the market to raise debt to close the deal for the Regional Sports Networks.
Sinclair going to the market to raise debt to close the deal for the Regional Sports Networks.
I hope Sinclair is able to raise the money for this sale. And then goes bankrupt because of it. Good luck!
bartholomr4
Well-Known Member
It's interesting they are raising the money, but don't have regulatory approval yet. Based on timing the Regulatory approval isn't likely until the end of the year. They are being audited based on a failed merger and the regulators took on some water during that event.
New Fantastic Four and X-Men Movies Confirmed by Marvel
Kevin Feige says they're coming!
www.denofgeek.com
Crossfire
Active Member
Emma Watts is staying at Fox/Disney, also Kevin Feige has been given control of every Marvel Fox property, including Deadpool.
Wow thats big. Wonder what convinced her to stay? Either way great for Disney. Always good to keep talent. And yea not surprising to hear the Marvel stuff is now officially under Feige given the F4/Mutants announcements at comic-con.
I hope they announce Deadpool 3 at D23. I think Disney needs to show they are using the assets they spent 52 billion on.Emma Watts is staying at Fox/Disney, also Kevin Feige has been given control of every Marvel Fox property, including Deadpool.
It was 71, after they had to revise the deal to fend off Comcast. Gives them even more of a reason to utilise the acquired IP. As well as Fantastic Four, X-Men and Deadpool in the MCU, I want them to utilise the Star Wars Original Trilogy rights to release the theatrical cuts. That will win over some fans who turned on them during The Last Jedi.
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You forgot to subtract the Sky money they received from Comcast.
I wondered if that went to 21CF directly as it was before the deal closed?
No, it went to Disney as they had the agreement to buy Sky.
the.dreamfinder
Well-Known Member
the.dreamfinder
Well-Known Member
Theaters across the country won’t be able to book screenings of “The Sound of Music”, “Alien” or other Fox classics. This is a big deal because lots of chains like Landmark and mom and pop theaters also screen first run films; which Disney doesn’t tolerate under its rules which will now apply to Fox titles.
the.dreamfinder
Well-Known Member
No. Only certain kinds of movie theaters, which largely only exist in LA or NYC, can show these movies at all.
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bartholomr4
Well-Known Member
Comcast Earnings today. Reported 78 cents a share vs 69 cents a share last year, on lower revenue. If you remove adjustments due to the Hulu transaction (Comcast doesn't contribute to Hulu losses any more, and a $1 billion dollar value adjustment based on the guaranteed future value they will get from Disney )..... If your remove this adjustment, Comcast earned 68 cents a share this year vs 69 cents last year. Parks revenue was a bright spot for Comcast, up 7.5% year over year.
ABQ
Well-Known Member
Really need to see they have agreed on a contract extension soon. Of course, as Marvel is at critical mass and very much at risk of tipping over, changing the head would lead to a collapse. Feige seems to have a vision that will hopefully allow it to persist, certainly new character involvement will help.
the.dreamfinder
Well-Known Member
Looks like they might sell BlueSky.
www.hollywoodreporter.com
Fox Animation Co-President Andrea Miloro Stepping Down (Exclusive)
Andrea Miloro is exiting as co-president of Fox Animation, the division Disney inherited with its $71.3 billion acquisition of most of the assets of the former 21st Century Fox.
www.hollywoodreporter.com
Looks like they might sell BlueSky.
Fox Animation Co-President Andrea Miloro Stepping Down (Exclusive)
Andrea Miloro is exiting as co-president of Fox Animation, the division Disney inherited with its $71.3 billion acquisition of most of the assets of the former 21st Century Fox.
Blue Sky’s 2019 film, the Will Smith voiced Spies in Disguise, has had its release date pushed twice and seen its budget balloon.
That's the troubling part. Blue Sky films are profitable because they're made with almost half the budget of a Disney/Pixar animated flick. This will surely kill its profit margin, the only thing that makes Blue Sky worthwhile for a company.
Although... Disney still carries Disney Studios, which, after figuring in both the bombs and the blockbusters, only barely breaks even in the theatrical window.