Rodan75
Well-Known Member
I know, but hasn't it been reconfigured to produce less original content because it didn't quite hit the way they expected. Star India gives it far more opportunity.
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News Disney and Fox come to terms -- announcement soon; huge IP acquisition
- Thread starter ohioguy
- Start date
I know, but hasn't it been reconfigured to produce less original content because it didn't quite hit the way they expected. Star India gives it far more opportunity.
the.dreamfinder
Well-Known Member
They don’t have an active film studio, but they still have the premium TV channels.
Patience doesn’t seem to be in good supply at Disney. James spent 20+ years building Star.
EDIT: The following is incorrect.
Also, “Dangal” made more money in China ($190 Million) than all the Star Wars in China, combined.
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Not even close to being true. Rogue One and the Force Awakens by themselves made more than 190 million.
Princess Leia
Well-Known Member
As much as I want Disney to just have the rights for F4 and X-Men already, this is an obscene amount of money.
Stripes
Premium Member
Heard about a hit to the parks if this goes through? I wouldn't be surprised, but I'd hope their vision extends further than a short-term balance sheet.
zachrupertdsn
Well-Known Member
Yes.
the.dreamfinder
Well-Known Member
They could have cut a check for them without buying the studio.
the.dreamfinder
Well-Known Member
I was wrong. My mistake.
pdude81
Well-Known Member
So this is why we can't have nice things. I'll start clipping my child to the poles on the monorail so he doesn't fall out.
Indy_UK
Well-Known Member
That will be what's planned post what's already been announced. I doubt it will affect what's happening at WDW for the 50th or th expansion at Paris
pdude81
Well-Known Member
But then wouldn't the studio that's trying to find a bidder be worth less? It's dangerous to try to sell the tires before the rest of your sports car for a small (additional) profit
Don’t be too sure. Obviously I can’t go into specifics.
EPCOTCenterLover
Well-Known Member
Bummer.
tirian
Well-Known Member
I’ve heard the same.
the.dreamfinder
Well-Known Member
#ThanksFox
happycamperuni
Active Member
Fox delaying the July 10 vote also seems to indicate that they're going to entertain a bidding war. Either way, it's possible to see Disney ending up putting up even more billions in cash (and more shares to the Murdochs).
One other big wrinkle here, Murdochs will control even more Disney stock than before. The old offer would have featured the Murdochs with around 4.3% of the Disney shares post-merger.
The new offer means that the Murdochs will control around 6.2% of the Disney stock. New offer is around 111 million shares for the Murdochs (out of a total of 1.8 billion) instead of the old offer of around 85 million shares for the Murdochs (out of a total of 2 billion). There's less overall shares now because a half of the Fox shareholders will take cash (not the Murdochs).
So the Murdochs' share of Disney stock will be around 40-50% higher.
One other big wrinkle here, Murdochs will control even more Disney stock than before. The old offer would have featured the Murdochs with around 4.3% of the Disney shares post-merger.
The new offer means that the Murdochs will control around 6.2% of the Disney stock. New offer is around 111 million shares for the Murdochs (out of a total of 1.8 billion) instead of the old offer of around 85 million shares for the Murdochs (out of a total of 2 billion). There's less overall shares now because a half of the Fox shareholders will take cash (not the Murdochs).
So the Murdochs' share of Disney stock will be around 40-50% higher.
gmajew
Premium Member
I would think this is what we would blame for cuts that may already be happening anyways based on the track record lately.
Stripes
Premium Member
Let us know when you can.
This might be something you can't answer, but is this a certainty already? If not what would you say the odds are?
happycamperuni
Active Member
Probably need to see where this all leads; if this is the final bid, then it's probably going to be cash flow changes at the margins (i.e. several hundred million shifted from investment funding to debt payments over the next decade).
But if there's still another higher set of bids, then it could be a more dramatic change. Either way, an extra $35 billion in debt changes investment strategies for sure.