The Disney owns Fox thread

[Teelie]

I'm not a fan of it but much like politics you have to choose the lesser of two evils and Disney somehow is actually the lesser.

 

[Ozbridge]

I like Comcast's strategy. Like Disney they also have multiple divisions making movies in different genres: Blum House and Illumination. And they have 2 huge but very different franchises (Jurassic World and Fast and Furious). Their small-budgeted flicks did/ do very well too (50 Shades, Pitch Perfect).

 

[Greens]

https://deadline.com/2018/07/disney...on-comcast-peter-rice-dana-walden-1202429461/

Because of overlap on the domestic side — combining two major film and TV studios — the process won’t be painless. The merger is expected to lead to layoffs, with sources pegging their size to approximately 5,000 people, 2,300 on the Fox side and 1,700 on the Disney side.

 

[Da-Scribe]

Damn, kind of the crappy side to this you don't think about. You want to see the merger happen so bad, because of all the cool movies you get, but you don't think about the regular people that'll be out of job because of it.

 

[Teelie]

Another side effect of mega mergers is people losing jobs in the thousands.

 

[Kahran Ramsus]

Another side effect of mega mergers is people losing jobs in the thousands.

Would have happened if Comcast bought Fox too. When the owners of Fox wanted out of the movie business, there is really nothing that can be done about it.

 

[Teelie]

Nothing except not permitting these mega mergers to happen but the consolidation process won't be stopped. We're headed towards near monopolies in several industries but few people care because they get distracted by shiny objects dangled in front of them (in this case, the MCU being united under Disney).

 

[JP]

https://deadline.com/2018/07/disney...on-comcast-peter-rice-dana-walden-1202429461/

Well that's depressing.



What's done is done I guess.

 

[Darkprime]

So how does the shareholder vote work? How long will it take and If they all say yes will we get an official announcement confirming the acquisition?

 

[terry78]

http://www.comingsoon.net/movies/news/961065-fox-disney-shareholders-approve-acquisition-deal

Shareholder approved.

 

[Brutikus]

And DOJ approved so done deal.

 

[Spider-Fan]

Not quite. It still has to go through regulatory processes, especially for the international assets. The sale won't close likely until 2019 (a Fox exec think 1st half of 2019).

 

[Brutikus]

Stateside regulatory is DOJ nothing else.

Offshore assets perhaps but where's the weight of the decision process going to go when this much momentum is already in play?

It's happening and already done.

Sorry to those who want to weep.

 

[Spider-Fan]

Stateside regulatory is DOJ nothing else.

Offshore assets perhaps but where's the weight of the decision process going to go when this much momentum is already in play?

It's happening and already done.

Sorry to those who want to weep.

I'm not weeping? I wanted it to happen

But the deal isn't closed yet, so it can't be considered official. Approved and closed are different. Once it closes, then we can start seeing the FF/X-Men in the MCU, etc. But it has to close before that can happen.

 

[Brutikus]

Disney Fox merger is happening.

Mark this post and come to me in 2019.

btw was not referencing you re: tears.

 

[Matt Mortem]

Bittersweet is the only way I feel about this merger now that it's official. On one hand I'm overjoyed with the X-Men and FF coming home, but on the other I worry a lot about the future of film. Disney now has such a large chunk of the market under their umbrella. I worry it's going to lead to an oversaturation of four quad blockbusters and a lack of films that take risks.

 

[mclay18]

Bittersweet is the only way I feel about this merger now that it's official. On one hand I'm overjoyed with the X-Men and FF coming home, but on the other I worry a lot about the future of film. Disney now has such a large chunk of the market under their umbrella. I worry it's going to lead to an oversaturation of four quad blockbusters and a lack of films that take risks.

I have a nasty feeling a LOT of Fox's current mid-budget films in production will be delayed or sold to rival distributors because of excess product and/or doesn't fit Disney's perceived brand. And forget about Fox's current output of 13-16 films a year, that's going to be downsized once the studios integrate. I think Fox Searchlight is pretty much done as a label, as any film Disney releases via Fox will be through the main banner.

But sure, fans will overlook the problems about Disney swallowing Fox because "X-Men and Fantastic Four will be part of the MCU now" blather.

 

[Jonwo]

I have a nasty feeling a LOT of Fox's current mid-budget films in production will be delayed or sold to rival distributors because of excess product and/or doesn't fit Disney's perceived brand. And forget about Fox's current output of 13-16 films a year, that's going to be downsized once the studios integrate. I think Fox Searchlight is pretty much done as a label, as any film Disney releases via Fox will be through the main banner.

But sure, fans will overlook the problems about Disney swallowing Fox because "X-Men and Fantastic Four will be part of the MCU now" blather.

I think they'll keep Searchlight but I wonder if things like Kingsman will end up elsewhere? Blue Sky is likely going to be sold as they're no way Disney will want to have three animation studios.

 

[Kahran Ramsus]

I have a nasty feeling a LOT of Fox's current mid-budget films in production will be delayed or sold to rival distributors because of excess product and/or doesn't fit Disney's perceived brand. And forget about Fox's current output of 13-16 films a year, that's going to be downsized once the studios integrate. I think Fox Searchlight is pretty much done as a label, as any film Disney releases via Fox will be through the main banner.

But sure, fans will overlook the problems about Disney swallowing Fox because "X-Men and Fantastic Four will be part of the MCU now" blather.

Fox was dead regardless of if Disney bought them or not.

 

[Teelie]

They are keeping Fox intact enough that they can do R-rated films and other non-Disney type movies, if their claims are to be believed, which I am hesitant to take at their value.

Disney has had off brand studios in the past which had R-rated content and the like but they also shuttered them several years ago.

 

[Iceman]

They are keeping Fox intact enough that they can do R-rated films and other non-Disney type movies, if their claims are to be believed, which I am hesitant to take at their value.

Disney has had off brand studios in the past which had R-rated content and the like but they also shuttered them several years ago.

Which studios had the R rated content?

 

[Teelie]

It was (still is apparently) Touchstone Pictures.

 

[righthooksrus86]

How does this work with the actors though? Are they going to use the same people that Fox casted? Because I really hope they keep Ryan Reynolds as Deadpool.

 

[ThePowerCosmic]

Which studios had the R rated content?

I could be wrong, but I think Touchstone was at least one of 'em.

 

[Iceman]

It was (still is apparently) Touchstone Pictures.

I could be wrong, but I think Touchstone was at least one of 'em.

Ok thanks. Hopefully they do something like this for R rated stuff going forward then.