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

SirLink

Well-Known Member
I was thinking about how many of those here who are against this deal also constantly complain about everything Disney does but don't complain about Universal. In fact many loved Universals acquisition of Deamworks. They were right about that but are wrong about Fox. Yes, the trust the Murdoch's own will have about 5 percent of Disney stock but it also means they don't own 95 percent. They can't run the company unless the have half and with a market cap of 240 to 250 billion after the Fox merger and buying the rest of Sky their value would be 12 to 12.5 billion far below the 120 to 125 billion needed to run thge company.

Edit. Comcast dropped out of the Fox bidding according to Comcast owned CNBC.

However the Murdochs could state they want to be a board member or a veto on the next CEO.
 

britain

Well-Known Member
5 percent is enough to speak loudly and have influence, especially if you gang up with other shareholders. Wasn't it the California Teacher's Union that issued a vote of no confidence in Eisner (under the influence of Roy Disney) that got the ball rolling on his ouster? And I think they had only 3% ownership or something...

My memory of the whole Save Disney affair is foggy.
 

Captain Neo

Well-Known Member
I've been following this story since the news broke a few weeks ago about the deal being a No Go. This is extremely exciting news and will have huge ramifications if it goes through. I really hope it happens.
 

Ismael Flores

Well-Known Member
I've been following this story since the news broke a few weeks ago about the deal being a No Go. This is extremely exciting news and will have huge ramifications if it goes through. I really hope it happens.

So are you excited and want Disney to buy fox or not?
I got a little confused there because you say you are excited and really hope it goes thru but also say that it will have huge ramifications if it goes through.
Unless I got my word meanings wrong but doesn’t ramifications mean that it is a complex and Unwelcome event.

Seeing that you have been following the news about this what would you consider to be the ramifications of a purchase other than jobs that overlap being removed in upper management
 

Captain Neo

Well-Known Member
So are you excited and want Disney to buy fox or not?
I got a little confused there because you say you are excited and really hope it goes thru but also say that it will have huge ramifications if it goes through.
Unless I got my word meanings wrong but doesn’t ramifications mean that it is a complex and Unwelcome event.

Seeing that you have been following the news about this what would you consider to be the ramifications of a purchase other than jobs that overlap being removed in upper management

I am extremely excited and very much FOR this deal. As I said though there will be huge consequences in terms of less competition, job loss, etc. it will also cause a huge shift in the product pipeline for both the film division and the theme parks division (For example remember when Disney and Sony worked out a deal for Spider-Man Marvel had to completely reschedule its slate of films and the Inhumans film got deleted out right and ended up in the hands of the tv studio which completely destroyed that potential franchise in less than a season).
 

seascape

Well-Known Member
So are you excited and want Disney to buy fox or not?
I got a little confused there because you say you are excited and really hope it goes thru but also say that it will have huge ramifications if it goes through.
Unless I got my word meanings wrong but doesn’t ramifications mean that it is a complex and Unwelcome event.

Seeing that you have been following the news about this what would you consider to be the ramifications of a purchase other than jobs that overlap being removed in upper management
For Parks and Resorts the immediate ramifications are minimal. The merger adds the Simpson's so Universals will have to send Disney more money to two different subsidiaries. It also will allow Disney to create a Parks and Resorts subsidiary to manage the 2 Fox theme parks which are royalty based just like Six Flags foreign parks. This is an area I have a great deal of interest in because of all the possibilities Fox theme parks presents.

As for the movie studios, the market size Disney will have approximately 40 of North America, the Asian share will increase quite a bit. Just an extra 2 percent of the gross will yield about 50 million in profits not counting needing less workers and office space as they will only need one distribution company.

Broadcast will gain in Europe as they can add more of their stations on Sky and even combine their studios products to an internet based service.

Domestically their streaming service and Hulu will gain with more programming. Plus as long as their Marvel shows which are under contract to Netflix continue to draw a large audience Netflix will have to pay for those shows.

Sports wise, 22 regional networks with local team coverage are easy money makers. No cable or satilighr company in the N.Y. market can drop the Yes network and the BIG 10 networks is a requirement in Ohio, Michigan and Pennsylvania and other Big 10 states. Fans of those 3 big 10 teams will pay anything to watch their team.

There are so many good things that will come out of this merger regardless of the negativity of some posters. Over all through efficiencies in operations profits should be increased by several billion dollars a year and some of that money will make it into Parks and Resorts.
 

JoeCamel

Well-Known Member
For Parks and Resorts the immediate ramifications are minimal. The merger adds the Simpson's so Universals will have to send Disney more money to two different subsidiaries.

There are so many good things that will come out of this merger regardless of the negativity of some posters. Over all through efficiencies in operations profits should be increased by several billion dollars a year and some of that money will make it into Parks and Resorts.

I know you are squirming with glee over this but Universal will send the same check no matter who owns the IP. This does not change the contracts in the slightest.
 

HauntedMansionFLA

Well-Known Member
Fox was just the distributor of the movie, so it's likely they have at least some control over that specific movie, but I doubt they have any control over the Peanuts IP. It looks like Peanuts is currently controlled by DHX Media.
Cool thanks. I grew up loving Peanuts and still do. It would be nice to see them have their place in a theme park (wherever that might be)
 

Sirwalterraleigh

Premium Member
5 percent is enough to speak loudly and have influence, especially if you gang up with other shareholders. Wasn't it the California Teacher's Union that issued a vote of no confidence in Eisner (under the influence of Roy Disney) that got the ball rolling on his ouster? And I think they had only 3% ownership or something...

My memory of the whole Save Disney affair is foggy.

No...you got it pretty close. It started that way...and had risen to like 38% by the second year i believe
 

seascape

Well-Known Member
I think iger is going with the "too big to fail" mantra...

...the warning of aol/time warner seems to be forgotten
I would put this merger in the same category. AOL was an online service at the time which charged $6.00 an hour to use their service while paying $3.00 an hour to WorldCom for the wire service. If you look at those two companies you will see only one survived and that is at a small portion of its former self. AOL actually own little whereas both Fox and Disney have real assets and value.
 

Sirwalterraleigh

Premium Member
I would put this merger in the same category. AOL was an online service at the time which charged $6.00 an hour to use their service while paying $3.00 an hour to WorldCom for the wire service. If you look at those two companies you will see only one survived and that is at a small portion of its former self. AOL actually own little whereas both Fox and Disney have real assets and value.

It's not apple's to apple's...I agree...

But there is a danger to this kinda consolidation for sure...disney could lose what it covets most down the road: control.

And it's all really because espn is flaming poo...and iger just has no idea how to stop the profit bleeding for the stock and that affects his parachute.
 

Cmdr_Crimson

Well-Known Member
Maybe if they weren't known as the studio that keeps making Ice Age sequels then maybe they could be taken more seriously. I really enjoyed their film Robots and The Peanuts Movie.

Perhaps Blue Sky should take the helm of a Figment Based film.....Hmmmm???
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