It's a Done Deal: Disney purchases Fox
 

$52 Billion plus Fox's $14 Billion of debt.

It’s now official – Walt Disney Company has purchased key parts of 21st Century Fox including the 20th Century Fox movie studio and the 20th Century Fox Television production company, along with media assets like Fox Searchlight, Fox 2000, FX Networks, FX Productions, National Geographic Partners, Fox21, Fox Regional Sports Networks, and Fox’s stake in Hulu, Star India, Endemol Shine Group and Sky.

Not included in the deal due to anti-trust restrictions are Fox News, the FOX broadcast network, or Fox Sports, which all remain a part of the Fox empire – as will the Fox studio lot in Century City. Those will be separated and maintained either under a newly listed company that will be spun off to its shareholders, or merge with News Corp. itself.

Disney now has its hands on Fox’s key franchises including “X-Men,” “Alien,” “Predator,” “Avatar,” “Die Hard,” “Planet of the Apes,” “Kingsman” and “Fantastic Four” (which is listed in the press release). Disney now also controls the full rights to all “Star Wars” films with the previously Fox-owned 1977 original likely to go back to Disney’s Lucasfilm – meaning theatrical re-releases and a potential home video version of the original theatrical cut.

Disney’s upcoming streaming service will also benefit with the addition of a ton of Fox content. The entire deal was done for approximately $52.4 billion in stock along with Disney also assuming approximately $13.7 billion of net debt for a total transaction value of approximately $66.1 billion.

At the request of both 21st Century Fox and the Disney Board of Directors, Mr. Iger has agreed to continue as Chairman and Chief Executive Officer of The Walt Disney Company through the end of calendar year 2021.

The Boards of Directors of Disney and 21st Century Fox have approved the transaction, which is subject to shareholder approval by 21st Century Fox and Disney shareholders, clearance under the Hart-Scott-Rodino Antitrust Improvements Act, a number of other non-United States merger and other regulatory reviews, and other customary closing conditions. It’s expected it will take 12-18 months to gain the necessary approvals to fuse the companies.

The Simpsons now brought to you by Disney?!?!

The world will never be the same.

The biggest differences I've noticed is now when you go to Disneyland there is more Star Wars and Marvel merchandise than Disney merchandise.

Yeah and wait until the new 14 acre Star Wars land opens in 2019.

Good now get Wolverine into Infinity Wars

The Hulu aspect is interesting. I wondering of they are going to use it as their platform for Disney content?

Good. Now, RELEASE THE UNALTERED VERSIONS OF STAR WARS, EMPIRE STRIKES BACK AND RETURN OF THE JEDI.

IMMEDIATELY.

:cuss:

https://www.hollywoodreporter.com/he...merger-1067651

fans are worried that Deadpool will be neutered and be family friendly.

Ryan Reynolds and company should be cool with going to Touchstone to continue the franchise.

I read an article the other day that Jackman has turned down any further roles for Wolverine in the Avenger films.

If Wolverine appears, it'll be a different actor for sure.

Regarding this news, I am not really sure how I feel about it. Disney seems to know what they are doing I guess but does this mean no more R rated films/franchises? :hmmm: (FTR, I am a HUGE fan of the films Logan & Deadpool . It looks like those types of films will no longer be made. Now we are set up for "safe" PG & PG 13 films ....oh well) :deevee:

Bob Iger stated that Deadpool will remain R-Rated

They won't do this….it would remind everyone how much these new Star Wars movies suck so much ass.

Every Star Wars movie after ROTJ has been horrible.

Xmen and F4 Reboots

from online chatter, that's a yes.

They better nail casting Doom.

Is Hugh just too old/ doesn’t want to train at the level necessary for Logan anymore? Would be awesome to go out in infinity :(

Disney would need to buy out NBC/Comcast's 30% share and WB's 10% share.

That's probably a long shot.

So Disney is gearing up to compete with Netflix and Amazon in the streaming content space?

yes

Just wait until they pull all of the Disney shit from Netflix.

That started happening months ago.

No

Disney will be offering a service in 2019 that will cost less than Netflix or Amazon, which will give subscribers access to all of the Disney Catalog: TV series, Feature Films (Disney, Lucasfilm, Pixar and Marvel included).

They're creating some content, one of which will be a Live Action Star Wars series but they're not going to create content, at this point anyway, in huge quantities like Netflix or Amazon, nor are they going to license content from other networks.

Strictly Disney properties.

All Disney affiliated content will be removed from Netflix sometime in 2019.

epic

Except for the content being created in partnership with Netflix, like the Marvel series.

I was thinking more along the lines of just using Hulu as the platform, and charging a separate fee for Disney content like Hulu already does with HBO, Showtime, and Cinemax.

Right. Those are produced by Netflix.

That defeats the purpose of a stand-alone app and would require people to subscribe to Hulu in order to watch Disney content for an additional price.

Wonder what this will mean for the Alien franchise.

Didn't James Cameron kill that franchise?

wut

But when will Disney show Gus-the Field Goal Kicking Mule or The Worlds Strongest Man again???

Opps Ridley Scott, my bad. The last two were bad.

Outside of the original and Aliens, which directed by Cameron, they’ve all been bad, IMO.

3, 4, Prometheus and Covenant.

You think it will get past the feds????

Yes.

Disney isn't purchasing Fox Broadcasting (The Simpsons, etc.) Fox News, Fox Sports FS1 or FS and a few other assets.

Fox will still broadcast the NFL, MLB and all of its original programming.

The deal was made to avoid any issues with the government.

What I had read was Fox news was the only thing left behind do I guess it's FOX TV?
https://scontent-atl3-1.xx.fbcdn.net...b3&oe=5AC81322

So Disney owns ABC and Fox now? Damn.

Heh. Used to love those old movies.

But I have a feeling they are extremely dated and stale if I watched them today.

When will Disney rerelease 'Song of the South' ?

3 is a little underrated IMO I've got time for Fincher. Funny the Alien franchise for me is almost a mirror image to the Terminator:

1st = one is a simple stripped down classics
2nd = Pumped up but still works
3rd = Watchable but a little wisjudged

Everything after is a convoluted mess.

I admittedly know nothing about these companies and how they are structured, but can those divisions you listed survive without the parent company? I'd hate for some of that to wither on the vine because there is some good programming on some of those.

getting past FTC and FTC in any other adm. would be rejected.....

Next move - AT&T buy the remaining parts of FOX.

They are only buying movie industry portions. I don't see that as an issue in any admin. The TV stuff (news / sports) is not going to Disney.

They’re purchasing all 18 of the Fox Regional Sports Networks, which will be folded into ESPN, so you’ll like see an ESPN Kansas City that carries Royals, Sporting KC amd other sports programming related to the region.

They’re also getting FX, FXX and National Geogrpahic and all of its channels.

The only divisions staying at Fox are Fox News, Fox Sports and the Fox Over-The-Air network.

So basically, Disney is purchasing 20th Century Fox movie and television studio and cable networks, plus international TV holdings and Fox’s interest in Hulu.

Murdoch retains control of Fox News Channel and the Fox broadcast network, which will be spun off into a separate company.

Nah, there's no real value there.

Unlike AT&T purchasing Warner Brothers, the studio, soundstages and recording studios and all of its assets are going to Disney.

All that's left is Fox News, Fox Broadcasting and Fox Sports 1 & 2.

That's just not very appealing.

Ahh, didn't realize they were getting the sport stations, and didn't realize FX was still around!

I bet it does not get through FTC And FCC.

I'll take that bet.

The deal was structured to pass any legal challenges.

I had so much optimism about this until I remembered how far Marvel comix fell and how ****ing horrid Last Jedi was...

This is kind of weird for me. I remember when FOX popped up as a TV station and I wondered at the time if they could make it work. And now it looks like FOX is only going to be a TV station. The Disney streaming service just got more interesting though.

I want to know how Disney gets around owning 2 tv stations I thought the law says a company can't own more than one broadcasting station at once.

Also makes you wonder if Disney will keep the fox shows going

What happens with The simpsons, Bobs burgers movie that just got green lighted,The gifted,Legion,Always sunny,Archer ?

The OTA station is not part of it. Since it owns ABC

Can you care to explain in layman terms on this.

I thought Disney Owns ABC won't they own Fox broadcasting now ?

Look back through the thread. Those guys do a far better job than I could.

This is wrong They do own all the fox Shows.

Disney will acquire most of 21st Century Fox in a blockbuster deal worth $52 billion, the two companies announced today. Disney will get Fox's TV and film studios, its cable TV networks (FX and National Geographic), and its stake in Hulu, which gives the Mouse House a controlling stake in the streaming

So I still don't understand.

It’s not wrong, you butt****.

Disney is not acquiring the Fox Broadcasting Network.

Then how the **** does Disney own the Rights to all of the fox TV shows.

WTF is fox gonna play on the station ?

JFC, they do not.

https://nerdist.com/disney-buys-fox-...sons-and-more/

says otherwise.

Dude, you are confusing Fox Broadcasting Company (FBC) with 20th Century Fox.

20th Century Fox owns the rights and makes the shows. They then sell said tv shows to their sister company Fox Broadcasting.

That relationship can continue.

but wouldn't fox have to pay Disney to run their shows on the Network now ?

Yes, they would pay Disney for the rights to broadcast those shows. After the takeover, the existing contracts would be paid to Disney, and they would have negotiate new ones when the old ones expire.

So it makes me wonder what is the fate of all the fox shows ?

especially legion and the gifted

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Seth talking to his new bosses is gonna be hysterical

Good ****ing God.

Make it stop.

Well come on mr know it all.

Disney owns Family Guy and The Simpsons.

So by that logic doesn't fox broadcasting have to renegotiate on all the shows ?

Good ****ing God, NOOOOO.

Just ****ing STOP.

I am only basing it off the bit I read in the OP but I'm assuming FBC would retain all contracts on current shows. In the future I guess it would potentially be more of a competition for FBC to get 20th Century Fox content but I have no idea how that stuff works in the first place with competition between selling shows to certain networks ect.

FBC is not a part of the acquisition

Oh this thread exists.

I’m going to be trying to find a job in the next 12-18 months before they drop our department at Fox (international creative advertising).

They say they’ll take care of us, not sure if they think that gives anyone confidence.

When Disney executives no longer have to pay taxes, can violate net neutrality by throttling the Simpsons, and can force The Orville to include minor Star Wars characters into their storyline, you know the world has gone to hell.

Reported

Oh yeah, I guess this isn't DC is it. Well, surely people can take that post as the joke it was meant to be anyway. I took the last part out to reduce the political-ness.

Good ****ing God.

What is your deal? You run around in every forum, posting like a moron that just shart himself, screaming and waving your hands around asking for attention while having zero information about the topic at hand.

There's a difference between a Broadcasting Network and a Production Company. The Fox Broadcasting Company BROADCASTS programming. The programming does NOT need to be owned by the broadcaster.

For example, Modern Family is produced by 21 Century Fox but the program airs on ABC. ER and Friends were produced by Warner Brothers but aired on NBC.

Producing and owning a program has no bearing on where it's actually broadcast.

Now, in the case of The Simpsons, 21st Century Fox owns the program. Whether or not Disney keeps the deal in place for it to air on Fox has probably not been decided but seeing as this deal isn't going to fully close until 12-18 months, the program will continue to air on Fox for the foreseeable future.

Further to that, Original Airings of The Simpsons on Fox are a drop in the bucket compared to the 20+ years of syndication rights.

Other than the fact that xenomorphs are now Disney princesses?

What does this do for various Fox or Disney films that are either out of print or have never made it to physical media above VHS or DVD?

Disney is launching its own service at some point in 2019, which prior to this purchase, would allow subscribers access to every Disney production ever created, from early Mickey Mouse to the Mickey Mouse Club, feature films and everything in between. Bog Iger stated that it would be significantly less than Netflix, so I expect it to come in around the $5.99 mark.

They're also planning a Stand Alone ESPN App, which will allow access to all ESPN content, as well as their new acquired 18 Fox Sports regional channels which will be rebranded with ESPN names (ESPN Kansas City, for example).

To date, I haven't heard anything about Fox produced TV shows and film. My gut tells me that they'll likely create a Stand Alone App for Fox produced content for $3.99-4.99 per month and maybe a bundled deal for both Fox and Disney at $8.99-$9.99 a month.

I'm not well versed on Fox's licensing deals with Netflix, Hulu or Amazon so it might be some time before Disney is able to offer a Stand Alone App for that content.

I would expect new 21st Century Fox content to be available on the Disney App (the new Avatar sequels, for instance, especially since there's a new tie-in at the Disney parks) but back catalog may have long term deals in place.

Disney isn't an ISP and therefore, has no ability to throttle any programming or streams.

Dane, any insight into what this could mean for an Original Trilogy release?