The Rebooted "Keep Hope Alive" (that the rights can revert back to Marvel) Thread - - - - - - - - - - - Part 20

[Tymminator]

It’s good Fox didn’t stick with Comcast after that first bid. They would have had to pay a break up fee and have this drama.

 

[Big Bang]

DOJ challenge to AT&T-Time Warner deal could affect Disney and Comcast's bidding war for Fox, says AT&T's Stephenson

This isn't some analyst that thinks this. This is the freakin' CEO of AT&T saying this.

This is huge.

It's a clear cut inference that this is by no means a small matter.

Wasn't this the day Comcast was suppose to reveal their plans for a new bid?

They were expected to announce their plans yesterday-today, then the story broke about the DOJ.

DOJ Antitrust Head: Fox-Disney Deal “A Victory For American Consumers”

Is it me or does the odds seem to favor Disney getting Fox? It's almost like fate wants this to happen.

I think Uatu is out there....

I don't think Comcast will announce that (even though I'm nearly certain they're done), and I don't think Fox would change the meeting either way.

They won't.

Raising prices so soon after they won the case (something they denied they would do in their defence for that case) was not a smart move.

It was completely, utterly, moronic on their part within the 90 day grace period.

Is it possible the shareholder vote could be expedited if Comcast announces early next week that they won't put forth another bid?

They won't want to. They are giving shareholders a full 30 days to review and respond.

It’s good Fox didn’t stick with Comcast after that first bid. They would have had to pay a break up fee and have this drama.

Further evidence for Fox's board to just finish this. Go with the one that is offering a fantastic deal that is already approved. It doesn't take a clairvoyant to see what they will do.

 

[Tymminator]

Also, watch that Suit from that Fox shareholder who really was just trying to drive the price up go “poof” even faster that it was going to in the first place.

 

[MasterCat]

DOJ Antitrust Head: Fox-Disney Deal “A Victory For American Consumers”

Is it me or does the odds seem to favor Disney getting Fox? It's almost like fate wants this to happen.

This is the Trump DOJ we're talking about. Trump talked like he wanted to be a trust-buster and he hates Comcast in particular. The situation is complicated by his lack of competence and most Republicans in Congress being megacorp cronies, but seeing his DOJ talk like this doesn't surprise me.

 

[Dark Raven]

Maybe the DOJ are Marvel fans and wondered what they could do to stop Comcast. Then they hit on the idea to appeal the AT&T case for antitrust just when Comcast were about to make another bid for Fox.

They already approved the Disney deal quickly while the bidding war was going on to put Disney in a more favourable position.

 

[Tymminator]

Some things you can’t be sure of until they happen, but that said this whole deal shows how much Iger plans and strategizes, and although Roberts may be very tenacious an agressive, he is more reactive where his main strategy is to just outbid anyone else and figure everything else out later.

 

[Big Bang]

This is the Trump DOJ we're talking about. Trump talked like he wanted to be a trust-buster and he hates Comcast in particular. The situation is complicated by his lack of competence and most Republicans in Congress being megacorp cronies, but seeing his DOJ talk like this doesn't surprise me.

To be fair, many of his sentiments were also echoed by Democrats. This isn't exactly a partisan issue at all. Disney accepted the exact same remedy that AT&T refused. The outcome is self explanatory.

Maybe the DOJ are Marvel fans and wondered what they could do to stop Comcast. Then they hit on the idea to appeal the AT&T case for antitrust just when Comcast were about to make another bid for Fox.

They already approved the Disney deal quickly while the bidding war was going on to put Disney in a more favourable position.

The key differential is what was offered to both AT&T and Disney. In each case they were both offered structural remedy. Basically, sell of part of what you are acquiring, and we can make a deal. Disney agreed to sell off the RSN's, which the DOJ took most issue with. AT&T refused to sell anything. On top of that, AT&T's immediate actions directly contradicted what they testified to. Big differences.

 

[MasterCat]

To be fair, many of his sentiments were also echoed by Democrats. This isn't exactly a partisan issue at all. Disney accepted the exact same remedy that AT&T refused. The outcome is self explanatory.

Sure. Both Parties have people making trust-busting noises. I'm just not optimistic that they'll DO anything stronger than appealing judicial rubber-stamps of mergers.
IMO, enforcing the spirit of anti-trust laws on the books would mean banning ISPs from owning content libraries and possibly a second United States v. AT&T.

 

[Big Bang]

Sure. Both Parties have people making trust-busting noises. I'm just not optimistic that they'll DO anything stronger than appealing judicial rubber-stamps of mergers.

I think it will boil down to more structural remedy. Case in point, for someone like AT&T we will likely see them forced into giving up most of Warner Media so that they can keep HBO. That seems to be one asset they are really pushing hard to work on.

 

[Detective Conan]

I think it will boil down to more structural remedy. Case in point, for someone like AT&T we will likely see them forced into giving up most of Warner Media so that they can keep HBO. That seems to be one asset they are really pushing hard to work on.

When do you expect Comcast will announce they’re ditching Fox and just focusing on Sky?

 

[Tymminator]

I think it will boil down to more structural remedy. Case in point, for someone like AT&T we will likely see them forced into giving up most of Warner Media so that they can keep HBO. That seems to be one asset they are really pushing hard to work on.

So, DC Comics could possibly be up for sale?

 

[Big Bang]

IMO, enforcing the spirit of anti-trust laws on the books would mean banning ISPs from owning content libraries and possibly a second United States v. AT&T.

Yeah, here is where we run into the problem that Net Neutrality was trying to fix. This needs to be fixed by Congress. A lot of legislation really needs to be modernized. Right now they focus so much more on TV Distribution, which is a dying market.

 

[HBarnill]

And I thought Deadpool broke the 4th Wall:

 

[Big Bang]

So, DC Comics could possibly be up for sale?

Theoretically, it could. Not saying that is definite, but if AT&T is forced to give up assets they will dump Warner Bros in a heartbeat if that helps them keep HBO. Turner most definitely they would be force to part with if they won't give up DirectTV.

Of course, this is all assuming they to agree to structural remedy just to get the DOJ off of their back. You can bet the DOJ will use Disney+Fox as an example as to how these deals should be structured in their appeal.

 

[ADollarADay]

The only way I see 21CF's board and shareholders paying any mind to CMCSA at this point is if they come with ridiculous high bid of $48-50 + assumption of debt + pay Disney 1.525B + a ridiculous 10B break up fee if the deal is blocked by regulators.

Comcast would be silly to offer that and Disney would be smart to walk away from that.

So, DC Comics could possibly be up for sale?

Possibly, along with HB. Also HP and Middle Earth movie rights. This could take awhile to play out and go all the way to SC. We don't know yet.

 

[Marvel united]

And I thought Deadpool broke the 4th Wall:

 

[Big Bang]

the only way i see 21cf's board and shareholders paying any mind to cmcsa at this point is if they come with ridiculous high bid of $48-50 + assumption of debt + pay disney 1.525b + a ridiculous 10b break up fee if the deal is blocked by regulators.

Comcast would be silly to offer that and disney would be smart to walk away from that.



Possibly, along with hb. Also hp and middle earth movie rights. This could take awhile to play out and go all the way to sc. We don't know yet.

 

[ADollarADay]

The market thinks this is over IMO

DIS up at ~110
FOX/FOXA flat at ~47.5
CMCSA up at ~34

If the market thought CMCSA was coming back, FOX/FOXA would be ~52 and DIS/CMCSA would be ~104 and 31 respectively. Just as they were when Disney came back with the $38 bid.

 

[wobbly]

And I thought Deadpool broke the 4th Wall:

Lol.Is that for real?

 

[Iceman]

Theoretically, it could. Not saying that is definite, but if AT&T is forced to give up assets they will dump Warner Bros in a heartbeat if that helps them keep HBO. Turner most definitely they would be force to part with if they won't give up DirectTV.

Of course, this is all assuming they to agree to structural remedy just to get the DOJ off of their back. You can bet the DOJ will use Disney+Fox as an example as to how these deals should be structured in their appeal.

Any idea roughly what Warner Bros or DC Comics properties could be worth?

 

[Big Bang]

Any idea roughly what Warner Bros or DC Comics properties could be worth?

Probably around what Marvel sold for, if not a little less since the movies haven't done nearly as well fiscally. (~$4B or <).

 

[HBarnill]

Lol.Is that for real?

From 4 vol 1 issue 19. Before the 2005 movie, of all things.

 

[Iceman]

Probably around what Marvel sold for, if not a little less since the movies haven't done nearly as well fiscally. (~$4B or <).

Ha, imagine Disney bidding on that. t:

 

[ImSGirl95]

The market thinks this is over IMO

DIS up at ~110
FOX/FOXA flat at ~47.5
CMCSA up at ~34

If the market thought CMCSA was coming back, FOX/FOXA would be ~52 and DIS/CMCSA would be ~104 and 31 respectively. Just as they were when Disney came back with the $38 bid.

Over, as in, Disney will definitelly undeniably own Fox now?

 

[wobbly]

From 4 vol 1 issue 19. Before the 2005 movie, of all things.

Damn, the use of the name Kornberg was remarkably on the nose as things have turned out, lol.