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Old 11-06-2017, 12:00 PM   #1
Autbot_Benz
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21st Century Fox has been holding talks to sell most of the company to Disney

https://www.cnbc.com/2017/11/06/21st...y-sources.html

21st Century Fox has been holding talks to sell most of the company to Walt Disney Co., leaving behind a media company tightly focused on news and sports, according to people familiar with the situation.

The talks have taken place over the last few weeks and there is no certainty they will lead to a deal. The two sides are not currently talking at this very moment, but given the on again, off again nature of the talks, they could be revisited.

For Fox, the willingness to engage in sale talks with Disney stems from a growing belief among its senior management that scale in media is of immediate importance and that there is not a path to gain that scale in entertainment through acquisition. The company is said to believe that a more tightly focused group of properties around news and sports could compete more effectively in the current marketplace.

The media landscape has changed considerably in recent years with giants such as Facebook, Google (Alphabet), Amazon and Netflix changing the way people consume media and dominating the digital distribution of digital video content. Being able to compete in that changing landscape, many people believe, requires scale that a Disney has, but 21st Century Fox does not.

For Disney, the opportunity to take control of another movie studio and significant TV production assets as it readies a direct-to-consumer entertainment streaming offering is attractive as is Fox's significant exposure to international markets, such as the U.K., Germany and Italy both through its networks and 39 percent ownership of Sky. Disney recently announced it will pull all of its movies from the Netflix platform and will establish two direct-to-consumer offerings: one for sports and one including its key franchises such as "Star Wars" and Marvel.

Disney would not purchase all of Fox, according to people with knowledge of the talks.
Bob Iger (L), CEO of Walt Disney Co. and Rupert Murdoch, Chairman and CEO of News Corp.
Getty Images

The company could not own two broadcast networks and would therefore not buy the Fox broadcast network. It would not buy Fox's sports programming assets in the belief that combining them with ESPN could be seen as anti-competitive from an antitrust standpoint and it would not buy the Fox News or Business channel. Disney would also not purchase Fox's local broadcasting affiliates, according to people familiar with the negotiations.

In addition to the movie studio, TV production and international assets such as Star and Sky, Disney would also add entertainment networks such as FX and National Geographic.

The contemplated structure of the deal or the price that has been discussed could not be learned. Given it would involve the sale of many, but not all of Fox's properties, it's unclear how Fox would mitigate potential tax consequences of a deal.

Officials at Disney and Fox declined to comment.
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Old 11-06-2017, 12:02 PM   #2
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Well that's a nice way to get the X-men back in-house again.
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Old 11-06-2017, 12:03 PM   #3
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Well that's a nice way to get the X-men back in-house again.
X-men Fantastic Four Galactius Silver Surfer Deadpool etc
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Old 11-06-2017, 12:03 PM   #4
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Quite a shocker!

I don't think Disney should do it. It would basically just duplicate their existing assets and potentially bloat the company's movie studio.

But maybe they can at least bring back the iconic 20th Century Fox logo before the Star Wars movies!
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Old 11-06-2017, 12:04 PM   #5
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I can hear Marvel geeks rejoicing that don't know the market implications this will cause, not to mention less content all around. Horrible and it seems to be like it may happen.
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Old 11-06-2017, 12:04 PM   #6
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Well that's a nice way to get the X-men back in-house again.
That was the first thing to pop into my mind.

Not-so-quietly end the Singer-verse and freeze all plans for X-Force and the like. Make Deadpool 3 with him suddenly in the real MCU and treat it like it's no big deal. Introduce and integrate the X-Men into everything.

That would be wild.
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Old 11-06-2017, 12:09 PM   #7
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Old 11-06-2017, 12:10 PM   #8
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Quote:
Originally Posted by CyberCubed View Post
Well that's a nice way to get the X-men back in-house again.
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X-men Fantastic Four Galactius Silver Surfer Deadpool etc
this is a good thing for the X-men movie

i'm not so sure it'd be all that good for Deadpool though.

kiss your R-rating goodbye.
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Old 11-06-2017, 12:15 PM   #9
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Old 11-06-2017, 12:17 PM   #10
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I just want a good Fantastic Four Movie is that so much to ask. Please Disney/Marvel your my only hope
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Old 11-06-2017, 12:17 PM   #11
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this is a good thing for the X-men movie

i'm not so sure it'd be all that good for Deadpool though.

kiss your R-rating goodbye.
This.

Deadpool ain't getting rolled up into the MCU. Wolverine, Cyclops, Rogue, Xavier, Magneto, Polaris... sure. The Merc with an R-Rated Mouth? Please.
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Old 11-06-2017, 12:17 PM   #12
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Looks like our Disney overlords are growing even more powerful.

But hey, this could be good if they reacquire the X-Men and FF movie rights.
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Old 11-06-2017, 12:29 PM   #13
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So is this just a movie deal or is it TV shows too, because if it's TV shows as well does that mean The Simpsons are going to Disney.
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Old 11-06-2017, 12:33 PM   #14
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This is a very different type of acquisition than what Disney has done in the past. Looks like this article was circulated to get talks between the two parties back on track. I wonder which side slipped the details to the press.
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Old 11-06-2017, 12:34 PM   #15
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So is this just a movie deal or is it TV shows too, because if it's TV shows as well does that mean The Simpsons are going to Disney.
Simpsons will probably end at Season 30....hopefully anyway.
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Old 11-06-2017, 12:39 PM   #16
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Simpsons will probably end at Season 30....hopefully anyway.
Disney's Brand Spanking New Simpsons
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Old 11-06-2017, 12:45 PM   #17
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Looks like the deal has stalled ?

https://www.bloomberg.com/news/artic...dead-cnbc-says
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Old 11-06-2017, 12:48 PM   #18
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CNBC indicated the negotiations were on/off. This doesn't solidify anything.
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Old 11-06-2017, 12:49 PM   #19
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This news was put out there to get talks going again or to get other potential buyers involved.
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Old 11-06-2017, 12:58 PM   #20
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maybe this will give Fox enough time to squeeze out Deadpool 3.

that's the only property in all of this i really care about.
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