REVscene Automotive Forum - Disney Acquires Twenty-First Century Fox for $52.4 Billion in Stock

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Disney Acquires Twenty-First Century Fox for $52.4 Billion in Stock

https://www.businesswire.com/news/ho...st-Century-Fox

Quote:

-Acquisition complements and enhances The Walt Disney Company’s ability to provide consumers around the world with more appealing content and entertainment options

-Transaction to include 21st Century Fox’s film and television studios, cable entertainment networks and international TV businesses

-Popular entertainment properties including X-Men, Avatar, The Simpsons, FX Networks and National Geographic to join Disney’s portfolio

-Expands Disney’s direct-to-consumer offerings with addition of 21st Century Fox’s entertainment content, capabilities in the Americas, Europe and Asia; Hulu stake becomes a controlling interest

-Addition of extensive international properties, including Star in India and Fox’s 39% ownership of Sky across Europe, enhances Disney’s position as a truly global entertainment company with world-class offerings in key regions
Robert A. Iger to remain Chairman and CEO of The Walt Disney Company through 2021

So, Fantastic Four and the X-Men x the Avengers? :)

Only franchise I care about is Avatar and maybe National Geographic. I don't even know how people can keep watching these superhero flicks over and over again LOL.

This pretty much means Disney's future streaming services will have the ammo to compete with Netflix. And they just might win.

So Disney now owns Marvel, Star Wars, ABC, and now FOX (along with a ton of other things like Muppets etc)

They are basically taking over the entire entertainment industry

I mean they generally put out quality stuff but that is kind of scary...

Disney now owns almost all the rights to any property you have enjoyed growing up

a majority of it

all hail the mouse haha

I'm sure the US government will look into this sale

Sounds like Fox News will also be spun into a separate company now. I'm hoping this hurts the network, obviously their views and broadcasting does not align with Disney's image, maybe this change will starve the network financially.

Quote:

Originally Posted by SkinnyPupp (Post 8877788)

I mean they generally put out quality stuff but that is kind of scary...

That depends on your opinion of the new Star Wars movies.

Disney's streaming service didn't have a chance when they first came up with that idea. Now they might.

Quote:

Originally Posted by underscore (Post 8877975)

That depends on your opinion of the new Star Wars movies.

I mean I really liked Last Jedi but I don't want one company offering ALL my entertainment

Spooky BibleThump

Quote:

Originally Posted by SkinnyPupp (Post 8877788)

Nah they don't own nothing. After they bought Fox some Chinese company is going to buy Disney out. Soon we could start seeing Chinese Disney princess or movie heavily on Chinese theme (maybe a Chinese batman) :fullofwin:

Quote:

Originally Posted by Mr.HappySilp (Post 8878009)

Most dumb action movies are being made for Chinese audiences already anyway, no big difference really

Quote:

Originally Posted by SkinnyPupp (Post 8878016)

Most dumb action movies are being made for Chinese audiences already anyway, no big difference really

You mean something like this: