The Rebooted "Keep Hope Alive" (that the rights can revert back to Marvel) Thread - - - - - - - - - - - - - Part 22

[Willie Lumpkin]

Then the contract is rendered void the moment it closes. Does that mean Fox loses the right to make Marvel films immediately?

The new entity would be able to do whatever Disney management decides they should do. There would no longer be any need for a licensing agreement since that agreement is to control the use of characters by a third party. There will no longer be any real third party.

It will simply be a strategy: "Gentleman, we intend to make a Deadpool 3, should we release it as a Fox or Marvel film?"

Upper management will have complete freedom to make a decision like that. Licensing agreements are designed to control the use of property by other companies. Once it all comes under the ownership of one company, there's no use for the agreement and it simply ceases to have any meaning.

 

[Big Bang]

Then the contract is rendered void the moment it closes. Does that mean Fox loses the right to make Marvel films immediately?

Once the deal closes, Alan Horn becomes their new boss. They'll communicate internally that Marvel Studios is taking things from there, is what I would assume. I think it is plain as day that the studio knows they very likely won't be making Marvel films past that point.

 

[Leo Zelinsky]

Well that needs to hurry up. Tired of hearing what MCU can and can't do with X-MEN from FOX fans

 

[Spider-Fan]

The new entity would be able to do whatever Disney management decides they should do. There would no longer be any need for a licensing agreement since that agreement is to control the use of characters by a third party. There will no longer be any real third party.

It will simply be a strategy: "Gentleman, we intend to make a Deadpool 3, should we release it as a Fox or Marvel film?"

Upper management will have complete freedom to make a decision like that. Licensing agreements are designed to control the use of property by other companies. Once it all comes under the ownership of one company, there's no use for the agreement and it simply ceases to have any meaning.

My assumption is unless 21CF once Disney owns it signs a formal transfer of rights, the 21CF name has to be on any new X-Men/FF film. But I imagine making that transfer happen would be easy

 

[Darkprime]

That will.be when we find out what happens to dark phoenix and new mutants I guess?

 

[Dark Raven]

The new entity would be able to do whatever Disney management decides they should do. There would no longer be any need for a licensing agreement since that agreement is to control the use of characters by a third party. There will no longer be any real third party.

It will simply be a strategy: "Gentleman, we intend to make a Deadpool 3, should we release it as a Fox or Marvel film?"

Upper management will have complete freedom to make a decision like that. Licensing agreements are designed to control the use of property by other companies. Once it all comes under the ownership of one company, there's no use for the agreement and it simply ceases to have any meaning.

Maybe they'll have a similar conversation: "Gentlemen, we intend to make a Fantastic Four movie. Should we release it as a Fox or Marvel film?"

 

[wobbly]

Then the contract is rendered void the moment it closes. Does that mean Fox loses the right to make Marvel films immediately?

Legally, no. But with the deal agreed and pending closure you can bet Disney will be telling Fox's producers what they should be doing regarding new projects until it's all officially transferred. Things like X-Force, Gambit, that Doom solo etc, will all probably see zero progress.

Things currently in production are a different matter. Apart from the 2 movies (Dark Phoenix and New Mutants) there's also the 2 TV series (Gifted & Legion). Gifted's 2nd season is currently in production now.

 

[Big Bang]

My assumption is unless 21CF once Disney owns it signs a formal transfer of rights, the 21CF name has to be on any new X-Men/FF film. But I imagine making that transfer happen would be easy

Once the deal closes, they cease being two separate legal entities. Any enforceable contracts between those entities are basically rendered null. The acquisition agreement supersedes all existing contracts unless specifically stated in said agreement.

 

[Silver Surfer]

Live update from Kevin Fiege:

 

[Chip Chipperson]

Live update from Kevin Fiege:

”Execute Order 616.”

 

[Willie Lumpkin]

My assumption is unless 21CF once Disney owns it signs a formal transfer of rights, the 21CF name has to be on any new X-Men/FF film. But I imagine making that transfer happen would be easy

Once the deal closes, they cease being two separate legal entities. Any enforceable contracts between those entities are basically rendered null. The acquisition agreement supersedes all existing contracts unless specifically stated in said agreement.

Whether someone needs to sign a piece of paper or not, the effect is the same. The licensing agreement will cease to have any meaning the moment the deal closes.

 

[Spider-Fan]

Once the deal closes, they cease being two separate legal entities. Any enforceable contracts between those entities are basically rendered null. The acquisition agreement supersedes all existing contracts unless specifically stated in said agreement.

I think that may have limits. Like for example, does Pixar have the right to make Marvel films without some type of paperwork? I am not sure on that front. I've never been absorbed into a major conglomerate like that, LOL. But again, even if I am right, all Iger/Horn would have to do is be like "Hey Alan Horn, I want to make a FF movie in the MCU. What do you say, Alan Horn? Why, Alan Horn, I accept this proposition. Might I say, Alan Horn, that is a nice tie?"

 

[Big Bang]

Legally, no. But with the deal agreed and pending closure you can bet Disney will be telling Fox's producers what they should be doing regarding new projects until it's all officially transferred. Things like X-Force, Gambit, that Doom solo etc, will all probably see zero progress.

Legally, it becomes an internal matter. Alan Horn gains final approval over all Fox projects, and I think we all know where he stands.

 

[Darkprime]

So today is more a stamp of approval really? Fox and Disney saying yes were commited to this.

 

[Big Bang]

I think that may have limits. Like for example, does Pixar have the right to make Marvel films without some type of paperwork? I am not sure on that front. I've never been absorbed into a major conglomerate like that, LOL. But again, even if I am right, all Iger/Horn would have to do is be like "Hey Alan Horn, I want to make a FF movie in the MCU. What do you say, Alan Horn? Why, Alan Horn, I accept this proposition. Might I say, Alan Horn, that is a nice tie?"

On a legal front there is nothing to be done. If Disney management says do it, it gets done. They can overrule any objections Marvel could have.

I've been through several of these. If fact the place I'm working is being bought out, so it gives a pretty good refresher.

 

[Big Bang]

So today is more a stamp of approval really? Fox and Disney saying yes were commited to this.

Pretty much Crossing the Rubicon.

 

[Dark Raven]

The link on the Disney site for the live stream describes it as a presentation. Maybe it will be more than just a boring shareholders meeting. Perhaps they'll announce something.

 

[Crimz]

Anyone have the link?

 

[Spider-Fan]

On a legal front there is nothing to be done. If Disney management says do it, it gets done. They can overrule any objections Marvel could have.

I've been through several of these. If fact the place I'm working is being bought out, so it gives a pretty good refresher.

That's not what I'm disputing. Absolutely what the Mouse says goes, but what I am saying is they may need to credit Marvel Studios in my scenario and file some papers to make it official (which again...is a short conversation when you own both entities, LOL). Same may apply for FOX. I am not saying FOX can stop Marvel Studios from making a X-Men or FF movie. I'm saying it may require slapping their logo on it.

 

[ADollarADay]

As I see a lot of people talking about Endemol and Sony since I mentioned, it's worth mentioning that the powers that be in Japan need to approve any SPE move. They would have to approve any bid put forth by SPE. Furthermore it would have to be a good bid that would beat Lionsgate or Liberty or any other interested party. It's far from a certain thing.

 

[Cobalt Panther]

I love the fact they have classic Disney songs playing over this important business meeting.

 

[Marvel united]

On a legal front there is nothing to be done. If Disney management says do it, it gets done. They can overrule any objections Marvel could have.

I've been through several of these. If fact the place I'm working is being bought out, so it gives a pretty good refresher.

So what happens if Fox tried to object and they want to continue making X-Films set within the Fox-men universe?

 

[Marvel united]

That's not what I'm disputing. Absolutely what the Mouse says goes, but what I am saying is they may need to credit Marvel Studios in my scenario and file some papers to make it official (which again...is a short conversation when you own both entities, LOL). Same may apply for FOX. I am not saying FOX can stop Marvel Studios from making a X-Men or FF movie. I'm saying it may require slapping their logo on it.

So we'd have MCU X-Men/F4 movies with the 20th Century Fox logo I'm sure it won't come to that.

 

[Darkprime]

So what happens if Fox tried to object and they want to continue making X-Films set within the Fox-men universe?

Id assume disney would say no. Because it would not be their IP anymore. Disney would have to greenlight a x23 movie or deadpool 3. Unless fox put something in writing that said those movies had to be made.

 

[Spider-Fan]

So what happens if Fox tried to object and they want to continue making X-Films set within the Fox-men universe?

They basically have no power once this is official. They can object, but Horn/Iger overrule them. Guess who they will side with?

So we'd have MCU X-Men/F4 movies with the 20th Century Fox logo I'm sure it won't come to that.

It's just a logo, dude. Who cares about the 20 second logo!