The larger the holding, the bigger the tax hit in an all cash bid. Some large investors might see the benefits with going with the Disney all-stock bid, which doesn't bring the tax hit that a cash bid does. Disney's bid could also potentially turn into a bigger bid if they play the long game.I would expect some of the larger institutional investors to make a stink. And the board would be taking a risk that voters will reject the Disney deal (even if the Comcast bid isnt on the ballot ). And some investors could potentially sue.
Thats all assuming a large number of investors ( and investors with large holdings) think the Comcast bid is worth at least considering. If shareholdrs generally agree with the board ( in that hypothetical ) and arent interested, it could go fairly smoothly and move on to the July vote.
But I think the bid is attractive enough that they do have to pause and consider it.
The larger the holding, the bigger the tax hit in an all cash bid. Some large investors might see the benefits with going with the Disney all-stock bid, which doesn't bring the tax hit that a cash bid does. Disney's bid could also potentially turn into a bigger bid if they play the long game.
The larger the holding, the bigger the tax hit in an all cash bid. Some large investors might see the benefits with going with the Disney all-stock bid, which doesn't bring the tax hit that a cash bid does. Disney's bid could also potentially turn into a bigger bid if they play the long game.
http://comicbook.com/marvel/amp/2018/06/15/avengers-infinity-war-doctor-doom-movie-writers/
How the IW would address Doom in the MCU
They used Hela, the Goddess of Death.Thanks. I don't think Marvel will use a character that is essentially Satan anyways. Maybe for Blade or Ghost Rider or even Doctor Strange, but not the Avengers.
Fant4stic and what I'm describing is not the same thing. Fant4stic was taking popular characters and making major changes to them. That almost always gets the fans in an uproar. The more popular a character, the harder it is to change them. Selling a complete unknown or original character is significantly easier. Not only that, but Fant4stic was very obviously cheap garbage with no artistic merit very early on in the process. Kinberg and Trank are incompetent. Feige is not.
Beyond that, we've seen it with the MCU already that they are able to take unpopular or poorly known characters and make them popular. Their entire brand is basically built on it. Specifically from a villain standpoint, just look at Spider-Man. The previous three films prior to Homecoming had popular villains Venom, The Lizard, and The Green Goblin. Fans rejected all three. Then they liked the Vulture, a character who in the comics was an old man in tights that even the fans made fun of how lame he was. We live in a world where Guardians of the Galaxy and Thor outgrossed a Justice League movie released in the very same calendar year. Marvel can be very successful without Dr. Doom and Galactus. They've already been doing it.
The fans also know that Marvel isn't using them because they legally can't, not because of neglect. There is understanding there.
They say that. But they still did this to Zemo:
And they also did a movie where Peter Dinklage played a giant CGI dwarf blacksmith that also included Thanos, a bunch of aliens and the Black Order.
They can do out there and more comic booky concepts just fine.
Dude, I swear in every Thanos appearance in the MCU prior to Infinity War it seemed to me that his characterization was going to be the grinning psychopath of the comics but then they did a complete 180 in Infinity War and took his character in a totally different direction to the point he became a different character.I'm still not happy about what they did to Zemo. Yeah they did those things, but they aren't always true to the characters' background in the comics.
And they also completely changed Thanos' backstory and motivation as well.
Yeah they did those things, but they aren't always true to the characters' background in the comics.
And they also completely changed Thanos' backstory and motivation as well.
I'm still not happy about what they did to Zemo. Yeah they did those things, but they aren't always true to the characters' background in the comics.
And they also completely changed Thanos' backstory and motivation as well.
Dude, I swear in every Thanos appearance in the MCU prior to Infinity War it seemed to me that his characterization was going to be the grinning psychopath of the comics but then they did a complete 180 in Infinity War and took his character in a totally different direction to the point he became a different character.
They say that. But they still did this to Zemo:
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Easy for them to say that. But let's see if they'd actually do it that way when push came to shove.
I doubt the MCU would screw up Doom, considering how popular he is.
Noah Hawley's take sounds better IMO. The IW writers are great, but I doubt they could write something like Legion. I'm not trying to hate, but Noah sounds WAY more exciting.http://comicbook.com/marvel/amp/2018/06/15/avengers-infinity-war-doctor-doom-movie-writers/
How the IW would address Doom in the MCU
Noah Hawley's take sounds better IMO. The IW writers are great, but I doubt they could write something like Legion. I'm not trying to hate, but Noah sounds WAY more exciting.Code:
Noah Hawley's take sounds better IMO. The IW writers are great, but I doubt they could write something like Legion. I'm not trying to hate, but Noah sounds WAY more exciting.Code:
That depends on how you look at it. 18% more cash against the current value of Fox. The tax deferent rate would be based on the value of the combined company, and the key part that there is that the tax applies when capital gains is acquired (i.e. those shares are sold). The latter part the individual shareholder has direct control over vs. taking the immediate hit, whether or not they are prepared for it. It boils down to the level of control each shareholder wants to exert over their investment. There is potential for those shareholders to make gains even higher than what Comcast will bid. Long game vs short. The Murdochs being the biggest holders obviously stand to get the biggest hit, but all holders stand to gain by taking shares in the combined entity. It comes down to how the holders want to progress, but right now I'd gather that Comcast is worried they are still slanted toward Disney's proposal given the lengths they have announced they are prepared to go already.Even with an immediate capital gains tax, 18% more money is still more money. And don't forget that stock-to-stock is "tax deferred" rather than completely un-taxed.
If Disney doesn't make a higher bid, the only Fox shareholders who could benefit from taking the worse deal would be the Murdochs.
It would be fascinating to be a fly on the wall of the board, and the shareholders who have the rest of the voting power, and hear what is being discussed. There is obviously going to be a mix of both sides that want either the cash or the stock. I think one of the deciding points is going to be the value in the combined entity. Each of the investors' stake could in theory become more valuable than what they've been offered by Comcast. Part of that is going to depend on Disney's performance, post merger, should they prevail. It's a risk with either decision, but they all knew that before buying shares in either (or both) organization(s).The tax implications are a key detail that could make a bigger difference than anybody seems to think at the moment (and would certainly be something the board could use to justify going with the Disney bid in any case).
It is a bit complicated though: Some investors may prefer taking the hit now. If we imagine somebody bought the stock at $15, theyre going to get hit with a hefty capital gains tax bill. But theyre also going to sell the Disney stock at some point, and then theyll still get hit with the original capital gains plus additional capital gains on Disneys side. Even with the hit, some investors may want to cash out now and start fresh in terms of additional capital gains down the road.
And then on the other side, there are some investors who bought the stock at a price above the current value ( though if the bids continue to go up, those investors will get rarer and rarer). For those people there would actually be a tax advantage with a loss they could apply against other gains for 2018.
Noah is WAY more credible than Tim Story. Noah Hawley actually has the experience and track record to back up what he says. He's also more versatile than the IW writers seem to be. Marcus and Mcfeely are pretty much relegated to action/fantasy movies while Noah seems to have the more different genres. I think they would both do a good representation of Doom, but Noah seems like he could take it to TDK level.McFeely said: "One: I would do the thing that they never do which is to stick to the comic book and make him the king of his own country and have a big metal helmet on," Markus said. "He looks like Darth Vader. It works in Star Wars, just do it again. They're like, 'He's an American scientist who is jealous of their relationship.' No! He's a nut-bag with a metal mask!"
Hawley says: Whats interesting to me about Dooms character is hes the king of an Eastern European country and is there a version of this that is more of a political thriller that mixes genre. Hawley mused further on the inner-workings of the character, asking, Is he a hero? Is he a villain? What does he really want?
How does Hawley's take sound "way more exciting"? Neither statement really says much. Either could be great. Either could suck.
And just for comparison, here's another statement: I had to go dark, and mix it with lighter moments. One minute youre laughing, the next minute youre shooting a hole in someone I had to show that Von Doom could destroy people and on the other side I had to show the human qualities of the characters. That's from Tim Story. It's easy to say something that sounds good, harder to actually make it work.
Based on history, if Marvel is involved, there's a good chance it will be great. If Fox is involved, there's a good chance it will suck.
Its funny since he cites the MCU film Winter Solider as an example of a political thriller mixing genre(as well as looking at as inspiration).Hawley says: Whats interesting to me about Dooms character is hes the king of an Eastern European country and is there a version of this that is more of a political thriller that mixes genre. Hawley mused further on the inner-workings of the character, asking, Is he a hero? Is he a villain? What does he really want?
How does Hawley's take sound "way more exciting"? Neither statement really says much. Either could be great. Either could suck.
As much as I'd like to see MCU Doom I'd be curious to see a movie version of this.Noah is WAY more credible than Tim Story. Noah Hawley actually has the experience and track record to back up what he says. He's also more versatile than the IW writers seem to be. Marcus and Mcfeely are pretty much relegated to action/fantasy movies while Noah seems to have the more different genres. I think they would both do a good representation of Doom, but Noah seems like he could take it to TDK level.
Noah is WAY more credible than Tim Story. Noah Hawley actually has the experience and track record to back up what he says. He's also more versatile than the IW writers seem to be. Marcus and Mcfeely are pretty much relegated to action/fantasy movies while Noah seems to have the more different genres. I think they would both do a good representation of Doom, but Noah seems like he could take it to TDK level.
Its funny since he cites the MCU film Winter Solider as an example of a political thriller mixing genre(as well looking at as inspiration).