Has Disney been in talks to buy Fox?
Could the Walt Disney Company be buying Fox? The two companies have been talking about an acquisition, according to CNBC
According to the business network (which, ironically, is owned by rival NBCUniversal), the talks would have led to Disney acquiring Fox's film and television production studios as well as the cable networks FX and National Geographic. Disney also would pick up Fox's Star and B Sky B international networks. The deal would not have included the Fox broadcast network, network-owned affiliate stations, Fox News, or Fox's cable sports channels, which would remain the property of Twenty-First Century Fox.
Disney could not buy many of those properties due to anti-trust concerns. Disney already owns the ABC television network and, with ESPN, is Fox's biggest rival in the cable sports business.
CNBC reports that the talks are not ongoing, but that the companies have been talking in recent weeks.
Fox's biggest movie franchise at the moment is the Disney-owned X-Men franchise, which easily could fold into the Marvel Cinematic Universe should Disney buy Fox. The studio's next-highest-grossing franchise is Planet of the Apes. In animation, Fox also has the Ice Age franchise. In television, Fox controls American Horror Story, American Crime Story, X-Files, and Empire, among other properties.
At the very least, buying Fox's production studios would give Disney much more programming to include in its Netflix-style online streaming service that it is planning to offer in late 2019 or 2020. But those franchises also could be available to Disney for consideration in theme park attractions, too.
One Fox property that likely wouldn't be coming to a Disney park would be The Simpsons, whose theme parks rights are held by Universal. However, with Universal holding the Orlando-area rights to Disney's most widely-known Marvel characters, a Fox deal would mean another of Universal Orlando's top themed area would be licensed from its biggest entertainment industry rival.
Nah, I don't think it will happen. Rupert Murdoch knows that Content feeds the platform - Sky in the UK and Foxtel in australia rely on their sporting rights (Sky saw the challenge of Disney's ESPN and made Disney retreat back over the pond).
Fox owns distribution rights to the first Star Wars. Disney probably wants to gain control of X-Men. This acquisition is strategic since Disney will keep what it wants and sell the rest. I don't think Disney wants to maintain the Fox networks or branding.
I disagree with the second comment. I think Disney is interested in buying as much of Fox as they can and keeping it for themselves. With ESPN struggling, Disney wants to own as much of Hollywood as they possibly can to make sure Disney is still making a profit even if certain divisions are struggling. Owning most of Fox would mean Disney would own one the oldest and most successful names in Hollywood, one that until fairly recently had more prestige and trust than the Disney name. Fox is one of the surviving studios from the golden age of Hollywood. The back catalog of films alone would make it a good buy, which of course includes the first Star Wars and the famous Fox fanfare.
ESPN and Fox can be combined and spun off. Disney can reap the benefits as a minority owner without the risk. ESPN is already a drag on Disney's share prices. This is an opportunity to profit from an increasingly heavy ball and chain. Disney won't be allowed to keep the Fox broadcasting channel and Fox Sports due to anti-trust concerns.
Maybe Star Wars can get back the 20th Century Fox fanfare at the beginning of the films, it's not the same with the Walt Disney Pictures logo. Also maybe Disney can trade the Simpsons to Universal for the Marvel rights in Orlando. Hate to lose the Spiderman ride though.
The Walt Disney Company ‘cherry picking’ FOX assets shows the WDC has no equal.
If it went through, then Disney would gain the movie rights to the X-Men AND the Fantastic Four AND Deadpool. PLEASE LET THIS HAPPEN! LOVE THE MCU!
Would be big but not sure it happens. Still, idea of X-Men falling under the official Marvel banner would be a big deal.
Nope, nope, nope, nope. Disney's big enough.
If you thought Deadpool was good....please don't bring it into the Disney fold....they are just going to water it down and destroy everything that was good about it.
I'm also reading on Ars Technica, that control of the first 6 Star Wars movies are at stake in this merger. If you want an original restored copy of Star Wars, then this is the only way it is going to happen.
Disney has tended not to mess too much with the companies that they buy. The day-to-day operations of Marvel have been largely unaffected since being bought by Disney and I highly doubt Disney would treat anything they own as a result of buying Fox any differently. If anything they want to buy Fox in part so they can on all of the Star Wars rights, and most of the Marvel rights. Touchstone Pictures has largely been ignored by Disney in favor of Marvel and Lucasfilm. Disney would treat Fox the same way they did Touchstone in the 80s and 90s, a separate brand targeting an older audience than Disney does. Star Wars would return to the Fox banner, and Marvel would too. Touchstone was too small to make a long term dent in the film industry, Disney lost interest in it in recent years. Fox, on the other hand has been a major player in Hollywood for nearly 100 years. It would be an asset to Disney's bottom line. Disney knows not to wreck a successful formula. They've done it before, and possibly they will do it again.
I think Disney are most keen on Star Wars original, X-Men and Avatar properties.
It would allow the possibility of two very nerdy things to be more likely: 1) the original theatrical Star Wars and 2) the possibly of someone actually doing justice of the single best Marvel villain, and arguably the best comic villain of all time- Dr. Doom. Instead of Fox making him a stupid industrialist with a skin problem, he can actually be the evil genius overlord of a small European country bent on world domination with robots and black magic.
Reading into this in various places, it seems a large amount of this is related to Disney's upcoming streaming service. Whilst they have a large amount of content already, they have nowhere near as much as Netflix. Buying Fox Studios would increase the amount of content significantly. As such, I don't think they would be selling off much stuff, at least not in the short term.
It's shocking how uncreative The Walt Disney Company is. Expending your television footprint is building good content by attacking writers, directors and a cast. Sure there are risk but buying them and sucking them dry isn't the solution.
Although I can see Fox Sports/ESPN being an anti-trust issue, I don't think the Fox Network would be. CBS already owns a big chunk of The CW; precedence is already there.
Too bad Fox News wasn't on the table. Captain Hook, Cruella DeVil, and Maleficent could have gotten side jobs as journalists.
I think they are going for the X Men sale.
Just what America needs, an even more massive Disney monopoly, backed with more political muscle, designed to rip off the taxpayers of Anaheim & Florida, while relentlessly jacking up prices and cutting quality. "The bigger things get, the worse they get." - Gore Vidal.
What monopoly anon?
Disney does not have a monopoly, and would not have a monopoly if this happened. By definition a monopoly is one company having total control of a certain industry. Disney does not own every movie and TV studio, and would not even if this rumor became a reality. Disney would control more of the TV and film industry but would be far from a monopoly. They would still have to compete with TimeWarner, Comcast, Viacom, Sony/Columbia, and many other smaller production companies.
I'm with Chad on this one. What monopoly?
Keep your clean hands off my #$%@#$ movie franchise.
What about 20th Century Fox World in Malaysia....? Massive re-branding and re-skinning?
Ummmm, a monopoly does not mean "total control" of an industry. A monopoly means enough control to fix prices and exclude competitors within the relevant market. Which, as for the movie industry, I think they're getting close to being there since they own almost every major franchise that anyone cares about. Wait, who owns Aliens?
such a purchase would likely benefit fox shareholders and lower disney stock. Disney already has a ton of valuable IP, to make movies from. This would be a waste of $$$. If anything, disney needs a franchise that is not dependant on superheros. 10 or so years ago, superheros, was not nearly as popular. It could go out of favor again.
>>>>I think they're getting close to being there since they own almost every major franchise that anyone cares about.
>>>Hell. netflix and amazon started from nothing. it only takes money, and a new studio, can be created anytime.
I respect your opinion.... No, it does not even approach the outer edges of a monopolistic practice.
leastinteresting. monopoly is really a term of art. what people really mean when they say that is several companies controlling the market (typically up to 5), to fix prices and exclude competitors, as you say.
To site my previous statement "quantified and proofed" is the key term here. Let's break down the case being made here: What is implied above is the elasticity of demand which implies that Disney has no close competitors not in terms of geography but in scope or scale. We see more scale now and high quality choice now than 30 years ago, the same principle applies but the examples are completely different.
Did someone say "anti-competitive practices"?
Memo to people that label other people "Disney Apologists". You can't make something true by saying it over and over and over again. They have a have a word for that, fascism.
Anon 104, not trying to diss you but if Disney is a monopoly than they're all monopolies.
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