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Post by DC-Fan on May 23, 2018 16:57:32 GMT
Bad News For Marvel Fans, As Comcast Says It's Ready To Outbid Disney For 21st Century Fox's AssetsWe had heard that Comcast might be in a position to outbid Disney for the majority of Fox's assets, and it looks like that day has come. Obviously, this would be a major disappointment for Marvel fans... Comcast has now confirmed that it is in “advanced stages” of preparing an all-cash bid for the assets of 21st Century Fox, countering the $52.4 billion offer from Disney. The NBCUniversal owner and No. 1 U.S. cable distributor says that any offer for Fox would be at a “premium to the value of the current all-share offer from Disney,” and although no price has been specified yet, their bid is said to be in the $60 billion range. This is not set in stone yet, however, and under the terms of Disney’s proposed deal, Fox would have to pay a breakup fee of $1.52 billion if they decided to pull out of the pact for any reason not related to a regulatory body blocking the transaction. Could Disney still make a counter-offer? We'll just have to wait and see how things shake out, but as of right now, things don't look good for the legions of fans hoping to see the The X-Men and Fantastic Four back home with Marvel Studios.
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Post by spooner5020 on May 23, 2018 18:17:49 GMT
Not gonna happen. Also no one wants Comcast buying Fox either. Comcast wouldn’t know what the hell to do with them.
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Post by scabab on May 23, 2018 18:48:51 GMT
We'll have to see how it continues to play out but for Disney this is much more than getting a few extra heroes in a movie series so they're gonna put up a lot of money to get those rights.
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Post by Lord Death Man on May 23, 2018 20:18:47 GMT
Have you ever considered the staggering amount of federal income tax that would be levied on a $60 billion windfall? I'll bet the Murdochs have. And what about Disney's termination fee? Breaking up is hard to do. Will Comcast handle the extra $1.52 billion?
Comcast must suck as a communications company if they're this desperate and willing to bet the company on shifting their focus to media. Verizon is going to eat their 5G lunch.
Hee hee hee...
The postman always rings twice... And the truth is, you always hear him ring the second time, even if you're way out in the back yard. But that doesn't mean you have to answer.
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Post by spooner5020 on May 23, 2018 20:30:21 GMT
Also Fox turned down Comcast’s first offer because they felt safer going with Disney. Some people seemed to have forgotten that.
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Post by charzhino on May 23, 2018 20:46:52 GMT
Really hope it happens and keeps Xmen far away from Disney as possible.
N.b And its not marvel fans, its Disney-MCU fans that will be disappointed.
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Post by charzhino on May 23, 2018 20:50:31 GMT
Also Fox turned down Comcast’s first offer because they felt safer going with Disney. Some people seemed to have forgotten that. Thats why Comcast are preparing an increased revised cash up front deal to entice them, rather than the stock Disney is offering which may be profitable in the long run but cold hard cash straight into your bank account is hard to turn down.
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Post by spooner5020 on May 23, 2018 20:58:10 GMT
Really hope it happens and keeps Xmen far away from Disney as possible. N.b And its not marvel fans, its Disney-MCU fans that will be disappointed. It won’t happen. Fox will turn it down either way.
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Post by charzhino on May 23, 2018 21:02:04 GMT
Really hope it happens and keeps Xmen far away from Disney as possible. N.b And its not marvel fans, its Disney-MCU fans that will be disappointed. It won’t happen. Fox will turn it down either way. Then the government will intervene to find out why Fox is rejecting a fantastic offer in favour of Disney which could trigger anti-competitve investigations.
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Post by spooner5020 on May 23, 2018 21:09:58 GMT
It won’t happen. Fox will turn it down either way. Then the government will intervene to find out why Fox is rejecting a fantastic offer in favour of Disney which could trigger anti-competitve investigations. It’s fox’s choice. You just don’t like that Disney will win. Bye troll.
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Post by Lord Death Man on May 23, 2018 21:25:33 GMT
Really hope it happens and keeps Xmen far away from Disney as possible. N.b And its not marvel fans, its Disney-MCU fans that will be disappointed. It won’t happen. Fox will turn it down either way. Even if Fox excepts Comcast’s offer, that doesn’t spell the end for Marvel unification. Comcast didn’t exactly have $60 billion dollars cash laying around either. They borrowed to get that sum together — heavily. Those markers will be be called in sooner rather than later and selling the Marvel properties back to Disney might not be a bad way to manage their debts. Disney might have the opportunity to discreetly purchase what they want without having to purchase the entire bloated Fox catalog which is arguably full of dead or dying properties.
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Post by Hauntedknight87 on May 23, 2018 22:16:59 GMT
Unpopular opinion:
I just want this to be over with. I don't care who gets fox, just finish the sale.
I wish I had the money to buy fox just to cancel all the projects as a big fuck you to this annoying fanbase.
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Post by JudgeJuryDredd on May 23, 2018 22:19:09 GMT
Fox selling to Comcast would not be good in the long run compared to selling to Disney.
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Post by charzhino on May 23, 2018 22:26:06 GMT
Fox selling to Comcast would not be good in the long run compared to selling to Disney. Why is that.
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Post by JudgeJuryDredd on May 23, 2018 23:42:11 GMT
Fox selling to Comcast would not be good in the long run compared to selling to Disney. Why is that. A big reason why is because of where are now in the age of streaming services. Every year fewer people are going to see movies at the cineplex, fewer people are keeping cable and deciding to cut the cord, and physical media is pretty much on life support - many people are switching over to digital streaming services and other online entertainment platforms because they can get what they want when they want it and don't have to worry about missing anything of note for a movie or show, can stop at any time and continue whenever, don't have to worry about commercials, and can binge all they wish, they also don't have to worry about there being too much clutter in the house from DVD or Blu-Ray collections, either - The same can be said for gamers, some gamers prefer to buy and download new games from the online stores for their gaming consoles instead of going to the store and buying them. For Hollywood motion picture conglomerates they need to find ways to adapt to this, even if in the back of their minds they wish they don't - believe me, many studios out there would be very happy if things went back to the days when there was so much more to be made from home video sales, but that option is not on the table and if they want to survive they need to change with the times. Everybody and their mother is trying launching their own and trying to compete against Netflix, which is king right about now, and Amazon, which comes in at no. 2, but very few are looking to be holding their own for very long and will inevitably go under. Disney is launching their own streaming service next year where all their movie and television content will go and they will not have to deal with other parties trying to purchase the rights to said content for their own services for a period of time. Unlike most of those trying to play hard ball in the streaming service game Disney has the best shot as they have libraries within libraries of content new and old filled with fairly popular titles that will attract viewers young and old; we're talking shorts, cartoons, primetime dramas, Oscar winners, blockbuster franchises like Star Wars, etc. Fox on their own could create something similar, but they wouldn't last and would find themselves spending money they'll likely not get back. By selling to Disney they'd be part of a team that is guaranteed easy success as they can get some of that sweet profit and they don't have to worry about who or what gets this or that movie or TV series as they'll all be under one roof, permanently. NOT ONLY THAT but Fox already has a relationship with a Disney. Disney has produced theme park attractions based on Fox properties such as Avatar, they have the rights to the original Star Wars trilogy when Disney don't, and of course they have the film rights to other Marvel properties like the X-Men and the Fantastic Four both of which would thrive better in the long haul in the MCU than continue to operate alone - On their own, they can only do so much, just the same can be argued for the MCU, by having the F4 and X-Men back home the risk of the MCU becoming stale diminishes. Other properties Fox has under their roof could also be given a push by Disney and be given funding to produce projects they would like to do but lack the financial means to or are in complication with distribution deals. Selling to Disney the chances of, say, a Firefly revival or a Predator sequel starring Arnold are more likely than they would be before, and the thing is they could all premiere on Disney's streaming service.
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Post by spooner5020 on May 24, 2018 1:09:44 GMT
A big reason why is because of where are now in the age of streaming services. Every year fewer people are going to see movies at the cineplex, fewer people are keeping cable and deciding to cut the cord, and physical media is pretty much on life support - many people are switching over to digital streaming services and other online entertainment platforms because they can get what they want when they want it and don't have to worry about missing anything of note for a movie or show, can stop at any time and continue whenever, don't have to worry about commercials, and can binge all they wish, they also don't have to worry about there being too much clutter in the house from DVD or Blu-Ray collections, either - The same can be said for gamers, some gamers prefer to buy and download new games from the online stores for their gaming consoles instead of going to the store and buying them. For Hollywood motion picture conglomerates they need to find ways to adapt to this, even if in the back of their minds they wish they don't - believe me, many studios out there would be very happy if things went back to the days when there was so much more to be made from home video sales, but that option is not on the table and if they want to survive they need to change with the times. Everybody and their mother is trying launching their own and trying to compete against Netflix, which is king right about now, and Amazon, which comes in at no. 2, but very few are looking to be holding their own for very long and will inevitably go under. Disney is launching their own streaming service next year where all their movie and television content will go and they will not have to deal with other parties trying to purchase the rights to said content for their own services for a period of time. Unlike most of those trying to play hard ball in the streaming service game Disney has the best shot as they have libraries within libraries of content new and old filled with fairly popular titles that will attract viewers young and old; we're talking shorts, cartoons, primetime dramas, Oscar winners, blockbuster franchises like Star Wars, etc. Fox on their own could create something similar, but they wouldn't last and would find themselves spending money they'll likely not get back. By selling to Disney they'd be part of a team that is guaranteed easy success as they can get some of that sweet profit and they don't have to worry about who or what gets this or that movie or TV series as they'll all be under one roof, permanently. NOT ONLY THAT but Fox already has a relationship with a Disney. Disney has produced theme park attractions based on Fox properties such as Avatar, they have the rights to the original Star Wars trilogy when Disney don't, and of course they have the film rights to other Marvel properties like the X-Men and the Fantastic Four both of which would thrive better in the long haul in the MCU than continue to operate alone - On their own, they can only do so much, just the same can be argued for the MCU, by having the F4 and X-Men back home the risk of the MCU becoming stale diminishes. Other properties Fox has under their roof could also be given a push by Disney and be given funding to produce projects they would like to do but lack the financial means to or are in complication with distribution deals. Selling to Disney the chances of, say, a Firefly revival or a Predator sequel starring Arnold are more likely than they would be before, and the thing is they could all premiere on Disney's streaming service. I don’t agree with the physical releases. They’re still growing strong. Remember not everyone has internet or can afford to pay for it so why would Physical release ever go away?
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Post by Primemovermithrax Pejorative on May 24, 2018 1:30:19 GMT
Whether it is Comcast or Disney (albeit worse) it will hasten the demise of Hollywood, or transform it into a Big Brother type media provider (well on the way since the 90s anyway).
The more artistic decisions you put in the hands of corporate executives, the worse art you get.
It's like someone making a painting and having 50 bankers telling him what to paint.
The best films and books and paintings have always been where the decisions are in the hands of artists and very few people--and most important--where they are dependent on a receptive public for their financial survival.
The big corporations do not need to worry about public response at all-they have the money to keep going forever and they can make creative decisions entirely on what they-the owners want to make, the public can FO for all they care, especially if they end up being the only show in town, which is what Disney is after.
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Post by JudgeJuryDredd on May 24, 2018 1:33:07 GMT
A big reason why is because of where are now in the age of streaming services. Every year fewer people are going to see movies at the cineplex, fewer people are keeping cable and deciding to cut the cord, and physical media is pretty much on life support - many people are switching over to digital streaming services and other online entertainment platforms because they can get what they want when they want it and don't have to worry about missing anything of note for a movie or show, can stop at any time and continue whenever, don't have to worry about commercials, and can binge all they wish, they also don't have to worry about there being too much clutter in the house from DVD or Blu-Ray collections, either - The same can be said for gamers, some gamers prefer to buy and download new games from the online stores for their gaming consoles instead of going to the store and buying them. For Hollywood motion picture conglomerates they need to find ways to adapt to this, even if in the back of their minds they wish they don't - believe me, many studios out there would be very happy if things went back to the days when there was so much more to be made from home video sales, but that option is not on the table and if they want to survive they need to change with the times. Everybody and their mother is trying launching their own and trying to compete against Netflix, which is king right about now, and Amazon, which comes in at no. 2, but very few are looking to be holding their own for very long and will inevitably go under. Disney is launching their own streaming service next year where all their movie and television content will go and they will not have to deal with other parties trying to purchase the rights to said content for their own services for a period of time. Unlike most of those trying to play hard ball in the streaming service game Disney has the best shot as they have libraries within libraries of content new and old filled with fairly popular titles that will attract viewers young and old; we're talking shorts, cartoons, primetime dramas, Oscar winners, blockbuster franchises like Star Wars, etc. Fox on their own could create something similar, but they wouldn't last and would find themselves spending money they'll likely not get back. By selling to Disney they'd be part of a team that is guaranteed easy success as they can get some of that sweet profit and they don't have to worry about who or what gets this or that movie or TV series as they'll all be under one roof, permanently. NOT ONLY THAT but Fox already has a relationship with a Disney. Disney has produced theme park attractions based on Fox properties such as Avatar, they have the rights to the original Star Wars trilogy when Disney don't, and of course they have the film rights to other Marvel properties like the X-Men and the Fantastic Four both of which would thrive better in the long haul in the MCU than continue to operate alone - On their own, they can only do so much, just the same can be argued for the MCU, by having the F4 and X-Men back home the risk of the MCU becoming stale diminishes. Other properties Fox has under their roof could also be given a push by Disney and be given funding to produce projects they would like to do but lack the financial means to or are in complication with distribution deals. Selling to Disney the chances of, say, a Firefly revival or a Predator sequel starring Arnold are more likely than they would be before, and the thing is they could all premiere on Disney's streaming service. I don’t agree with the physical releases. They’re still growing strong. Remember not everyone has internet or can afford to pay for it so why would Physical release ever go away? They're not, but they're becoming more of a niche market every year and studios are putting less effort into them.
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Post by Grabthar's Hammer on May 24, 2018 7:31:49 GMT
Bad News For Marvel Fans, As Comcast Says It's Ready To Outbid Disney For 21st Century Fox's AssetsWe had heard that Comcast might be in a position to outbid Disney for the majority of Fox's assets, and it looks like that day has come. Obviously, this would be a major disappointment for Marvel fans... Comcast has now confirmed that it is in “advanced stages” of preparing an all-cash bid for the assets of 21st Century Fox, countering the $52.4 billion offer from Disney. The NBCUniversal owner and No. 1 U.S. cable distributor says that any offer for Fox would be at a “premium to the value of the current all-share offer from Disney,” and although no price has been specified yet, their bid is said to be in the $60 billion range. This is not set in stone yet, however, and under the terms of Disney’s proposed deal, Fox would have to pay a breakup fee of $1.52 billion if they decided to pull out of the pact for any reason not related to a regulatory body blocking the transaction. Could Disney still make a counter-offer? We'll just have to wait and see how things shake out, but as of right now, things don't look good for the legions of fans hoping to see the The X-Men and Fantastic Four back home with Marvel Studios. Honestly, that would be disappointing, but I do very much enjoy the FoX-Men universe as it is. I can't imagine Deadpool meshing well with the MCU especially since he can make so many more hilarious references to the MCU with Fox. But I feel like Fantastic Four is definitely an MCU jam.
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Post by charzhino on May 24, 2018 9:36:44 GMT
Fox on their own could create something similar, but they wouldn't last and would find themselves spending money they'll likely not get back. By selling to Disney they'd be part of a team that is guaranteed easy success as they can get some of that sweet profit and they don't have to worry about who or what gets this or that movie or TV series as they'll all be under one roof, permanently. Fox execs dont really care what happens to its entertainment wing after the sale, thats why theyre selling outright instead of merging or getting new ownership. Fox will focus on sports and news which they see as the future of their revenue streams. If a big cash settlement upfront entices them more than Disney stock which may or may not reach its potential, I wouldnt be surprised if they took it. And whilst Disney are releasing streaming service, it will still be at the very least Number 3 behind amazon and netflix for a few years since many original shows and popular boxsets are present on those 2 platforms. I dont really know anyone who has Netflix simply for films.
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