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What are the terms of the Simpson contract with Fox.
- Thread starter seascape
- Start date
WDWBigEd
Well-Known Member
- In the Parks
- Yes
Disney is only looking to purchase the Movie Studio side of Fox. They already knew it would be a pain to buy another TV Station. This purchase will give them the rights to things like Xmen and fantastic four, and Avatar. Matt Groening owns the rights for Simpsons.
JoeCamel
Well-Known Member
The check still goes to the same place, your pixie dust needs to be wiped off your nose.
Sorcerer Mickey
Well-Known Member
Disney would own their TV properties too, except for news and sports. FX, NatGeo, etc. would all be included in the sale.
Disneyhead'71
Well-Known Member
My guess is Universal allows the contract to expire when the contract ends. And rethemes the lands.
I don't think Uni cares enough about The Simpson's to deal with it. And the ride system is dying.
I don't think Uni cares enough about The Simpson's to deal with it. And the ride system is dying.
champdisney
Well-Known Member
Whoa whoa whoa whoa... you mean to tell me that with the little interest Universal has with The Simpson’s, they went ahead and created Springfield to flesh out the area surrounding an attraction that hosts a dying system anyway? Whaaat, why?
JoeCamel
Well-Known Member
Never meant to live forever. It will time out and be replaced by something better.Whoa whoa whoa whoa... you mean to tell me that with the little interest Universal has with The Simpson’s, they went ahead and created Springfield to flesh out the area surrounding an attraction that hosts a dying system anyway? Whaaat, why?
I like Universal's detachment from long-time attractions. None of this keeping things past their prime because it destroys people's childhood or thinking that they're in the business of being a museum of attractions.
HauntedMansionFLA
Well-Known Member
When are they getting rid of ET??
JoeCamel
Well-Known Member
Soon as Steven says its OK.
champdisney
Well-Known Member
I don’t doubt that. But to say that Universal doesn’t care enough for The Simpson’s when they built Springfield 5 years after The Simpson’s Ride initially opened doesn’t appear to seem that way. Just saying.
I want Universal to keep them because they are in both USA parks and it gives full information on the Universal Parks to Disney. That information has value to go along with the money thery get paid every year. Universal is stuck with the contractual requirements of providing confidential information to its licensees. As a Disney stockholder I want both Universals payments and information and as those who are against the Disney Fox deal go, the evil Murdoch's make deals which only benefit them so the payments are higher than Marvel. However Marvel rights are only for Orlando.
JoeCamel
Well-Known Member
Steven is owed over a billion dollars if they boot him or if he decides to sever the relationship. Comcast will not be telling him anything
champdisney
Well-Known Member
... but another Indiana Jones!
JoeCamel
Well-Known Member
MCA head Sid Sheinberg did.
They needed his name and rights at the time. He gets 2% of the gate and a percentage of the merch and f&b sales in addition to consulting fees. There is a separation clause that is now worth over a billion dollars to Spielberg. Only fair as without him there would be no Universal Parks. He saved them.
Think of the attractions he inspired
Jaws
E.T.
Jurassic Park
Those are some world class rides.
New park in China that he gets a cut of and new park(s) in Orlando will only boost his income
The deal also gives Universal Pictures distribution rights to his output so they have earned a bunch -o- bucks over the years.
https://nypost.com/2015/07/24/how-steven-spielberg-is-saving-comcast/
http://www.orlandosentinel.com/business/tourism/os-cfb-tourism-column-02152016-20160212-story.html
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ImagineerToBeZB
Member
Official News on this topic: from Bob Iger
“
I am very pleased to tell you that we have entered an agreement to acquire a truly stellar collection of entertainment businesses and franchises from 21st Century Fox. The deal includes 20th Century Fox Film and Television, along with a broad collection of valuable cable properties including FX Networks, the National Geographic channels, Fox Sports Regional Networks, Fox Networks Group International and Star India, as well as Fox’s interests in Hulu, Sky plc, Tata Sky, and Endemol Shine Group.
This is an historic move forward for us, one that reflects a rapidly evolving media landscape that is increasingly defined by transformative technology and consumer trends and expectations. Empowered by new and exciting technology, today’s consumers want more access to entertainment and information…and they want their entertainment experiences to be more compelling, easier to find, and easier to use.
Bringing Disney and 21st Century Fox together will combine some of the world’s most iconic entertainment franchises along with great creative talent and a broad international presence to create a multi-faceted global entertainment company with the content, the platforms, and the reach to meet the growing demands of consumers around the world.
We are very pleased with the prospect of gaining 21st Century Fox’s extensive international properties, which allow us to substantially enhance our global footprint with world-class offerings in key regions. Star India alone reaches 720 million viewers a month and Fox Networks Group International includes 350 channels in 170 different countries. Fox also owns 39% of Sky – one of the most successful and innovative television companies in Europe. They hope to close their purchase of the rest of that company next summer, which would give us a direct relationship with the nearly 23 million households Sky reaches in that region.
Given 21st Century Fox’s collection of valuable content and its direct-to-consumer capabilities and experience in The Americas, Europe, and Asia, this acquisition will expand our direct-to-consumer offerings and significantly accelerate our strategy in that direction. It will also give us controlling interest in Hulu, which opens up even greater potential for us to grow and enhance that platform. As I’ve said before, creating a direct relationship with consumers is vital to the future of our media businesses. It’s one of our highest priorities as a company, and for me it’s one of the most interesting and exciting aspects of this deal.
The combination of Fox’s creative properties with Disney, Pixar, Marvel, Lucasfilm, ESPN, and ABC offers the opportunity for us to create even more compelling entertainment experiences and value propositions that appeal to a broad global audience.
On a personal note, I often say that leading this phenomenal company is the privilege of a lifetime, because I get to work with so many incredibly creative, dedicated, and inspiring people. The deal we announced today makes me even more optimistic and energized about our future, and I appreciate the opportunity to continue to lead you through this dynamic era of change and new possibilities. I remain completely awed by your collective talent and immensely grateful for your support as we write the next exciting chapter in Disney’s legendary story together.
Regards,
Bob”
So, here is also a statement listed after the above message:
“
Important Information About the Transaction and Where to Find It
In connection with the proposed transaction between The Walt Disney Company (“Disney”) and Twenty-First Century Fox, Inc. (“21CF”), Disney and 21CF will file with the Securities and Exchange Commission (the “SEC”) a registration statement on Form S-4 that will include a joint proxy statement of Disney and 21CF that also constitutes a prospectus of Disney. 21CF will file with the SEC a registration statement for a newly formed subsidiary (“SpinCo”), which is contemplated to own certain assets and businesses of 21CF not being acquired by Disney in connection with the proposed transaction. 21CF and Disney may also file other documents with the SEC regarding the proposed transaction. This document is not a substitute for the joint proxy statement/prospectus or registration statement or any other document which 21CF or Disney may file with the SEC. INVESTORS AND SECURITY HOLDERS OF 21CF AND DISNEY ARE URGED TO READ THE REGISTRATION STATEMENTS, THE JOINT PROXY STATEMENT/PROSPECTUS AND ALL OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND RELATED MATTERS.”
Now, Discuss!!
“
I am very pleased to tell you that we have entered an agreement to acquire a truly stellar collection of entertainment businesses and franchises from 21st Century Fox. The deal includes 20th Century Fox Film and Television, along with a broad collection of valuable cable properties including FX Networks, the National Geographic channels, Fox Sports Regional Networks, Fox Networks Group International and Star India, as well as Fox’s interests in Hulu, Sky plc, Tata Sky, and Endemol Shine Group.
This is an historic move forward for us, one that reflects a rapidly evolving media landscape that is increasingly defined by transformative technology and consumer trends and expectations. Empowered by new and exciting technology, today’s consumers want more access to entertainment and information…and they want their entertainment experiences to be more compelling, easier to find, and easier to use.
Bringing Disney and 21st Century Fox together will combine some of the world’s most iconic entertainment franchises along with great creative talent and a broad international presence to create a multi-faceted global entertainment company with the content, the platforms, and the reach to meet the growing demands of consumers around the world.
We are very pleased with the prospect of gaining 21st Century Fox’s extensive international properties, which allow us to substantially enhance our global footprint with world-class offerings in key regions. Star India alone reaches 720 million viewers a month and Fox Networks Group International includes 350 channels in 170 different countries. Fox also owns 39% of Sky – one of the most successful and innovative television companies in Europe. They hope to close their purchase of the rest of that company next summer, which would give us a direct relationship with the nearly 23 million households Sky reaches in that region.
Given 21st Century Fox’s collection of valuable content and its direct-to-consumer capabilities and experience in The Americas, Europe, and Asia, this acquisition will expand our direct-to-consumer offerings and significantly accelerate our strategy in that direction. It will also give us controlling interest in Hulu, which opens up even greater potential for us to grow and enhance that platform. As I’ve said before, creating a direct relationship with consumers is vital to the future of our media businesses. It’s one of our highest priorities as a company, and for me it’s one of the most interesting and exciting aspects of this deal.
The combination of Fox’s creative properties with Disney, Pixar, Marvel, Lucasfilm, ESPN, and ABC offers the opportunity for us to create even more compelling entertainment experiences and value propositions that appeal to a broad global audience.
On a personal note, I often say that leading this phenomenal company is the privilege of a lifetime, because I get to work with so many incredibly creative, dedicated, and inspiring people. The deal we announced today makes me even more optimistic and energized about our future, and I appreciate the opportunity to continue to lead you through this dynamic era of change and new possibilities. I remain completely awed by your collective talent and immensely grateful for your support as we write the next exciting chapter in Disney’s legendary story together.
Regards,
Bob”
So, here is also a statement listed after the above message:
“
Important Information About the Transaction and Where to Find It
In connection with the proposed transaction between The Walt Disney Company (“Disney”) and Twenty-First Century Fox, Inc. (“21CF”), Disney and 21CF will file with the Securities and Exchange Commission (the “SEC”) a registration statement on Form S-4 that will include a joint proxy statement of Disney and 21CF that also constitutes a prospectus of Disney. 21CF will file with the SEC a registration statement for a newly formed subsidiary (“SpinCo”), which is contemplated to own certain assets and businesses of 21CF not being acquired by Disney in connection with the proposed transaction. 21CF and Disney may also file other documents with the SEC regarding the proposed transaction. This document is not a substitute for the joint proxy statement/prospectus or registration statement or any other document which 21CF or Disney may file with the SEC. INVESTORS AND SECURITY HOLDERS OF 21CF AND DISNEY ARE URGED TO READ THE REGISTRATION STATEMENTS, THE JOINT PROXY STATEMENT/PROSPECTUS AND ALL OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND RELATED MATTERS.”
Now, Discuss!!
JoeCamel
Well-Known Member
Having Steven Spielberg onboard with your creative team is not a bad thing......
You're adorable.
You're also wrong, as per usual. But I wonder, why do so many people who are strictly Disney fans have this overwhelming need for them to constantly undermine or sabotage the competition? Are you that afraid of the competition that you think such meddling is necessary? Are you a fan of theme parks or of corporate espionage?
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