Disney eats Fox - genetically enhanced Mouse another step closer to taking over the world!


#1

I think this isn’t actually good news and should be discussed beyond the comic book repercussions (X-Avengers). It really does seem like this will give too much leverage to one company and will reduce the options for filmmakers.

The Disney, Pixar, Marvel, Star Wars, Fox behemoth combined with the end of net-neutrality does not bode well for diversity and freedom of choice!

And of course Trump approves!

Disney’s $52.4 billion deal to acquire a significant portion of 21st Century Fox has earned the blessing of President Trump, though he reportedly first needed to be assured that Fox News wouldn’t change hands.

The Writers Guild of America has issued a statement:

“In the relentless drive to eliminate competition, big business has an insatiable appetite for consolidation. Disney and Fox have spent decades profiting from the oligopolistic control that the six major media conglomerates have exercised over the entertainment industry, often at the expense of the creators who power their television and film operations. Now, this proposed merger of direct competitors will make matters even worse by substantially increasing the market power of a combined Disney-Fox corporation. The antitrust concerns raised by this deal are obvious and significant. The Writers Guild of America West strongly opposes this merger and will work to ensure our nation’s antitrust laws are enforced.”


#2

Also discussed here, although I can see why some people don’t wander into P&R. :P


#3

Hehe! Yup, don’t wander off into the swamps of P&R much.

I checked Movies, TV & EE and was rather surprised there were no discussions about the deal. This would explain it and I guess Disney does qualify as a religion these days.


#4

Ain’t nothing wrong with P & R. We are good people! Well, some of us are. Then there are those people who disagree with me.


#5

So much politics in these deals. Trump only approves as long as Fox News stays put and Trump disapproves of the AT&T/Time Warner deal is CNN stays put.


#6

Deal done on the 20th. Could we get a surprise X-Men cameo end credit scene with Avengers?!


#7

Done.

The acquisition includes 21st Century Fox’s renowned film production businesses, including Twentieth Century Fox, Fox Searchlight Pictures, Fox 2000 Pictures, Fox Family and Fox Animation; Fox’s television creative units, Twentieth Century Fox Television, FX Productions and Fox21; FX Networks; National Geographic Partners; Fox Networks Group International; Star India; and Fox’s interests in Hulu, Tata Sky and Endemol Shine Group. Disney and 21st Century Fox entered into a consent decree with the U.S. Department of Justice last year under which Disney will divest 21st Century Fox’s Regional Sports Networks.

Earlier today, 21st Century Fox completed the spin-off of a portfolio of 21st Century Fox’s news, sports and broadcast businesses, including the FOX News Channel, FOX Business Network, FOX Broadcasting Company, FOX Sports, FOX Television Stations Group, and sports cable networks FS1, FS2, Fox Deportes and Big Ten Network, and certain other assets and liabilities, into Fox Corporation.


#8

Can Disney throw Fox News into the dumpster? (I don’t know if they’d even be interested in doing this, but one can fantasize).


#9

Fox News wasn’t part of the deal. This was mainly the studio.

Again, for all the teeth-grinding we make about other massive, massive corporate entities, everyone here is willing to gloss over the fact that Disney has control over an insane percentage of the culture landscape, but it’s all good so long as we get an X-Men/MCU cross-over.


#10

Well, I’m not very happy about the merger. Its nuts to have one company basically controlling half the market…


#11

Pixar aside, it’s not a part of the cultural landscape I particularly care about, so I’m not personally bothered by it. I think it’s anticompetitive in the abstract, but I can’t say I care at a gut level.


#12

Pretty much!

Also, even if I was 100% against this, other than not watching some of my favorite film franchises in some sort of ineffective boycott (never going to happen) what could I possibly have done to affect the outcome? Jack. Shit. So I’m content to sit back and see how it plays out. It doesn’t seem like a big deal to me, honestly.


#13

FX has put out a lot of great television the last decade or so. Hopefully they’ll leave them alone and let them do their thing.

I wonder if this will mean any changes for Fox, the prime time shows on it?


#14

Does Disney own Firefly now?

…EDIT… why yes, I think they do.


#15

Not to mention the immediate human costs coming from massive layoffs.

The staff cuts are hitting employees at the SVP, EVP, and president level. Senior staff is expected to be among the first to be impacted. However, the cuts will be deep, with the ax falling hardest of Fox’s film team. There could be as many as 4,000 jobs cut in the merger, according to some reports.

But hey, maybe Deadpool will show up in an Avengers movie! That will make it all worth it!