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Disney to Acquire Twenty-First Century Fox

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21–30 of 362 posts

Re: Disney to Acquire Twenty-First Century Fox

#21
post #3

It's mostly was they can control over the animated titles the Marvel franchises. Next is Sony studios.

I suspect that’s part of it but you don’t spend billions of dollars just to make a few X-men movies.

The X-Men franchise is the 7th highest grossing movie franchise of all time, bringing in almost 5 billion USD: https://en.wikipedia.org/wiki/List_of_highest-grossing_films. Add that to the 13.5 billion for the Marvel Cinematic Universe and you can see how valuable this can be.

Re: Disney to Acquire Twenty-First Century Fox

#22

Wow, Disney didn’t ask them to divest FX, which means they’re knowingly acquiring It’s Always Sunny in Philadelphia among other content they’d normally not find palatable. They even call out that they’re bringing in The Americans and Deadpool . That’s kind of strange for Disney, given that historically they’re careful about what they’re associated with. I really hope they leave their new portfolio alone, but that’s n…

You know Disney released Pulp Fiction and Scream right?

I do, yes. Disney took incredible heat and a number of shareholders bailed as a result of Miramax releasing Pulp Fiction, and Weinstein had to fight for it, if I recall my film history. Disney also refused to allow Miramax to release Dogma, which is history that is guiding my surprise. That studio is part of the reason they started being more careful, and they finally divested Miramax in 2010.

It’ll be interesting to see how they handle their portfolio going forward.

Re: Disney to Acquire Twenty-First Century Fox

#23
post #14

My knee jerk reaction here was "ugh, more consolidation of the media by US mega corporations." But then I noted that Fox is owned by News Corp, which owns the Wall Street Journal and New York Post.

Fox continues to own News and Sports. However rumors are that Murdoch may also be shopping other parts of what remains. Disney gets Movies including Avatar and XMen, etc, 300 other channels, production studios, controlling stake in Hulu and for some bizarre historical reason, now own the rights to Star Wars IV, A New Hope.

Re: Disney to Acquire Twenty-First Century Fox

#24
Sane antitrust regulations should kill this deal.

It is bad for everybody other than shareholders of those two companies. In particular bad for customers, other companies and employees: https://www.economist.com/news/finance-and-economics/2172555...

https://www.economist.com/news/briefing/21695385-profits-are...

Re: Disney to Acquire Twenty-First Century Fox

#25

Sane antitrust regulations should kill this deal. It is bad for everybody other than shareholders of those two companies. In particular bad for customers, other companies and employees: https://www.economist.com/news/finance-and-economics/2172555... https://www.economist.com/news/briefing/21695385-profits-are...

As long as Disney can take Star Wars: ANH and X-Men licensing rights away from Fox, then fine.

Re: Disney to Acquire Twenty-First Century Fox

#26
post #3

Earlier quoted context omitted.

I suspect that’s part of it but you don’t spend billions of dollars just to make a few X-men movies.

Yes you do. According to wired, [0] Disney paid Lucas Arts $4.5B, which half was cash. In 2016, [1] The Force Awakens made $1.54B globally. Maybe it's more now. Lets say that the last Jedi manages the same success? Well, they made their money back and the new rumored trilogy. That's profit. When you can put Spiderman and the X-men in the same universe as the Avengers and do the next 20 or 30 super hero movies where o…

But wait. $1.54B at the box office doesn't equal $1.54B in profit. Right?

Re: Disney to Acquire Twenty-First Century Fox

#27

Earlier quoted context omitted.

- Capitalism, errr, wait no....

Market freedom leads to competition, doncha know?

Market freedom leads to consolidation which leads to the exact opposite of competition.

This is why the United States, contrary to popular opinion, is not a purely capitalist nation; it is instead a hybrid between socialism and capitalism. Reasonable regulation protects the free market.

Re: Disney to Acquire Twenty-First Century Fox

#28
post #3

Earlier quoted context omitted.

I suspect that’s part of it but you don’t spend billions of dollars just to make a few X-men movies.

Yes you do. According to wired, [0] Disney paid Lucas Arts $4.5B, which half was cash. In 2016, [1] The Force Awakens made $1.54B globally. Maybe it's more now. Lets say that the last Jedi manages the same success? Well, they made their money back and the new rumored trilogy. That's profit. When you can put Spiderman and the X-men in the same universe as the Avengers and do the next 20 or 30 super hero movies where o…

Your math is impeccable. But I do wonder if someone is considering the possibility that people will get tired of superhero movies in the relatively near future and the whole concept will seem dated.

Re: Disney to Acquire Twenty-First Century Fox

#29
post #26

Earlier quoted context omitted.

Yes you do. According to wired, [0] Disney paid Lucas Arts $4.5B, which half was cash. In 2016, [1] The Force Awakens made $1.54B globally. Maybe it's more now. Lets say that the last Jedi manages the same success? Well, they made their money back and the new rumored trilogy. That's profit. When you can put Spiderman and the X-men in the same universe as the Avengers and do the next 20 or 30 super hero movies where o…

But wait. $1.54B at the box office doesn't equal $1.54B in profit. Right?

It’s indicative of how big a hit the movie is. They get a chunk of every toy, birthday hat, blanket, clothing item, etc that has Star Wars stamped on it.

Re: Disney to Acquire Twenty-First Century Fox

#30
post #26

Earlier quoted context omitted.

Yes you do. According to wired, [0] Disney paid Lucas Arts $4.5B, which half was cash. In 2016, [1] The Force Awakens made $1.54B globally. Maybe it's more now. Lets say that the last Jedi manages the same success? Well, they made their money back and the new rumored trilogy. That's profit. When you can put Spiderman and the X-men in the same universe as the Avengers and do the next 20 or 30 super hero movies where o…

But wait. $1.54B at the box office doesn't equal $1.54B in profit. Right?

Right, but a large majority of it is. The film cost $445 million to make, including actors' salaries and marketing. That's over a billion in profit.
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