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Disney to Acquire Twenty-First Century Fox

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Re: Disney to Acquire Twenty-First Century Fox

#91

Earlier quoted context omitted.

It's entertainment. Why should anything other than being good for shareholders matter? It's not an essential goods company like say food or medicine

It's culture. Why should a single entity have such overlarge control over the creative works that lead and inspire all of us?

This is the biggest problem I have. Disney already has plenty of money to lobby Congress, taking over another studio won’t change that - but we’ll be consolidating more and more IP’s that we love under a behemoth that can go wrong in so many ways.

Re: Disney to Acquire Twenty-First Century Fox

#92
post #45

Earlier quoted context omitted.

How is it that this is so much less anti-competitive than bundling an OS with a web browser?

Really makes that seem like a simpler time when the concern of the day was that your OS came with an integrated browser.

You make it sound like having a single proprietary browser as the standard for browsing the web is a minor concern. Can you imagine if nowadays anybody who's not using IE/Edge was a 2nd class citizen on the web, not able to access most content? Remember the days of flash? For one thing it would've hurt massively the development of non-MS smartphones.

Nowadays Chrome seems to be the new IE but at least they're a bit more open overall. I have absolutely no doubt that MS would've turn the web into their proprietary playground if given the chance.

Re: Disney to Acquire Twenty-First Century Fox

#93
post #49

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...

Disney is only interested in the creative/film assets; broadcast distribution and news/sports are being spun off.

broadcast distribution and news/sports are being spun off

Is that official? Disney has bet (and lost) a lot of money on sports broadcast over the past few years. I could see them trying to consolidate at least Fox sports into their current bet on sports.

Re: Disney to Acquire Twenty-First Century Fox

#94

Earlier quoted context omitted.

Disney having more money and power to lobby against sane copyright laws is a negative for every citizen and really the world

I don't think it's bad that Disney protects things like Mickey Mouse and all of their old IPs. It's not just shareholders, there's a lot of people whose jobs depend on Disney being able to make money from these historic IPs. And I think it's fine that they keep it, it doesn't really hurt anyone. The problem is the easiest way to protect this is by having Congress extend the copyright law duration on all copyrighted w…

Copyright is essentially a restriction on speech. You can't represent any figure or image bearing even a slight resemblance to Mickey Mouse unless The Walt Disney Co. approves of said representation.

It may not be directly life and death, but the negative ramifications of excessive copyright monopolies run deep, on both the culture and the market. The only people it's good for are the entrenched interests who are trying to milk the same good idea from 90 years ago, and want as much money as possible to crush upstart competitive threats, regardless of the value that the market ascribes to those competitors.

In tech alone copyright has killed a non-trivial number of good companies. One could argue that the internet is fundamentally anti-copyright, as in the words of Bruce Schneier, "trying to make digital bits non-copiable is like trying to make water not wet". The internet is based on rapid, exact duplication of information and its instantaneous worldwide transmission.

Copyright law as written has already been repeatedly and grievously misapplied to weaponize this detail of computer networks against People Who Can't Afford To Pay Munger Tolles & Olson One Thousand Dollars An Hour to Harass Competitors. Remember, these laws fundamentally benefit the large players who have the literal millions of dollars in spare cash resources to pick these fights, at the expense of those who don't.

It's ironic that we all act like net neutrality is the front lines for the fight for internet freedom, when it's really copyright and network access laws like the CFAA. Could this have anything to do with powerful VCs and popular media interests (yes, including online outlets like Google and Facebook) leaning heavily on outlandish copyright enforcement for their own competitive edge?

Re: Disney to Acquire Twenty-First Century Fox

#95
post #9

So along with Disney pulling all their titles from Netflix for their own streaming service, I guess the FX content will be next to go from Netflix.

Oh it's crazy how much stuff Disney can pull off Netflix, I don't know if they will, because it's in their interest to have some stuff accessible over more than one place, but they own ABC (Lost, Castle, Firefly, etc), ESPN, Marvel, LucasArts, now Fox and their assets, not to mention they distribute on behalf of many publishers (Dreamworks for example), they would probably clear more than half of Netflix's content if…

They will.

Re: Disney to Acquire Twenty-First Century Fox

#96
post #93
post #49

Earlier quoted context omitted.

Disney is only interested in the creative/film assets; broadcast distribution and news/sports are being spun off.

broadcast distribution and news/sports are being spun off Is that official? Disney has bet (and lost) a lot of money on sports broadcast over the past few years. I could see them trying to consolidate at least Fox sports into their current bet on sports.

In the press release they indicate FS1 / FS2 will stay with the broadcast news and broadcast networks. They will keep the regional sports networks.

Re: Disney to Acquire Twenty-First Century Fox

#97

Earlier quoted context omitted.

It's entertainment. Why should anything other than being good for shareholders matter? It's not an essential goods company like say food or medicine

It's culture. Why should a single entity have such overlarge control over the creative works that lead and inspire all of us?

Then there should be provisions in the copyright law to allow the govt to suspend copyright when entertainment becomes part of the culture, similar to how some patent protections are suspended in India when a medicine is determined to be essential

Re: Disney to Acquire Twenty-First Century Fox

#98
post #84

Earlier quoted context omitted.

I don't think it's bad that Disney protects things like Mickey Mouse and all of their old IPs. It's not just shareholders, there's a lot of people whose jobs depend on Disney being able to make money from these historic IPs. And I think it's fine that they keep it, it doesn't really hurt anyone. The problem is the easiest way to protect this is by having Congress extend the copyright law duration on all copyrighted w…

Letting only unused IP go to public domain is completely contrary to the stated goals of the constitution. To promote the progress of science and useful arts, by securing for limited times to authors and inventors the exclusive right to their respective writings and discoveries. Much of our creative works and culture are driven by building on top of what came before. The asinine length of copyright we have today mean…

[deleted]

Re: Disney to Acquire Twenty-First Century Fox

#99

Why not go all the way and merge all companies into 1 big one. Being born on the wrong side of the iron curtain I already saw economy based on monopolies. Communism failed because prices were centrally set. We knew how to build useful things (that don't break 1 day after warranty) but not which ones to build and how many. (wiki) A price signal is information conveyed to consumers and producers, via the price charged…

Relevant story from The Onion (almost 20 years ago): "Just Six Corporations Remain" https://www.theonion.com/just-six-corporations-remain-181956...

"Bill Clinton, chief executive of U.S. Government, a division of MCI-WorldCom, praised Monday's merger as 'an excellent move.'"

Re: Disney to Acquire Twenty-First Century Fox

#100
post #84

Earlier quoted context omitted.

I don't think it's bad that Disney protects things like Mickey Mouse and all of their old IPs. It's not just shareholders, there's a lot of people whose jobs depend on Disney being able to make money from these historic IPs. And I think it's fine that they keep it, it doesn't really hurt anyone. The problem is the easiest way to protect this is by having Congress extend the copyright law duration on all copyrighted w…

Letting only unused IP go to public domain is completely contrary to the stated goals of the constitution. To promote the progress of science and useful arts, by securing for limited times to authors and inventors the exclusive right to their respective writings and discoveries. Much of our creative works and culture are driven by building on top of what came before. The asinine length of copyright we have today mean…

Maybe we need a compromise.

Should we let companies keep some percentage of their IP out of the public domain?

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