exactly. I would add that Disney given its size most likely rarely if ever has stock based votes for direction of the company. The board of directors takes care of that.
given that Murdoch is not getting a seat on the board, it is clear to me that the “stock” ownership is merely to give his family trust profits. Its about money, not power.
Not at all.
Disney bought the entertainment wing of Fox in an all-stock deal, which made the Murdoch family the second-biggest shareholders in the company. The deal also extends Bob Iger’s leadership of the company until 2021. There’s a chance that one of the Murdoch kids may end up with a spot on the Disney board, but that’s explicitly not part of the deal and something they’re still working out.
Basically Disney gets a massive amount of valuable entertainment assets and IP (the original Star Wars films, the X-men, Deadpool, Fox Searchlight movies, the Alien films, the Simpsons, Avatar, and well, everything 20th Century Fox has ever done, plus National Geographic), the Murdochs own shares of the company and their nasty little news organization.
Yeah, I don’t see that happening. Disney “culture” is a thing.
Yes, see, this person has their priorities straight. 3hr cross over epics are now green lit.
Not quite, I think Fantastic Four rights are technically still owned outside of Disney for movie making.
Eh, what you gonna do? → insert ascii shrug here.
This.
Thanks for the good explanation of how it works.
They were consolidated under Fox and now Disney owns them as well as the X-Men. The only other outlier was Spider-Man, which Sony owned, but Disney bought back as well.
Here’s a little chart of who used to own what. If this deal goes through, Disney will have all of it.
Universal owns the rights to stand-alone Hulk films. That’s why Planet Hulk was sort of backdoored into Thor Ragnarok.
Thank you, I knew there was another weird outlier, and had forgotten about Hulk.
The unspoken big benefit of this whole deal? Disney finally owns broadcast & distribution rights for the original Star Wars films. Looking forward to the original un-Lucased films on blu-ray someday soon.
This. Specifically A New Hope, as Lucasfilm negotiated the rights to all the films after it.
That right there. A New Hope literally has… A New Hope! Come on unaltered originals re-scanned and restored and issued in 4K!
Disney is effectively printing money now.
The day Rupert Murdoch dies will be a great day for mankind. Unfortunatly we will have to wait for decades before that happens, the forces of evil keep that sinister, malevolent old ghoul alive.
Gleichschaltung.
Huh, someone told me that an other company had the rights, and Fox had the distribution rights.
Yes. I have DVDs of the Laserdisc port (and the special deluxe laser discs which have the best unmolested version), as well as the fan made de-specialized version. But yes I would get a new DVD version - blue ray eventually when I get a player.
So Fox "focuses on news? "
Apparently “news” and sports is where the Murdochs think the money is at.
I’m a little surprised Disney didn’t try to swap them ESPN.
Ironically, maybe not - certainly not in the short-term (next 5-8 years), given how far ahead they have everything planned (and existing contracts, etc). The Avengers will probably not be part of the movie line-up by then (and definitely not with any of the existing cast). Also, I suspect, a lack of interest (adding X-Men to the MCU just hugely complicates everything) - they made a deal to get movie access to Spider-Man, after all, not any of the Fox properties…
What’s interesting is that this seems to be more about consolidation than anything. Disney bought 20-25 regional sports networks from Fox, along with all of Fox’s interests in Hulu, Sky plc, Star India, and over 300 networks and channels around the world. But Fox is keeping Fox Sports, Fox Business, etc. I think the Murdochs decided to just be Fox and get rid of everything else.
But the key part of Fox that makes it Fox is the movie studio. Which has been 20th Century Fox since the 1930’s.
The Murdoch initially bought that a long with a bunch of broadcast networks decades ago to give their new ventures into network TV and entertainment some credibility.
This is essentially a retraction to what News Corp was founded on to begin with. News and sports media.
The benefits on Disney’s end are obvious. Some very valuable IP. And solid control/acquisition of a distribution network they’ve loudly been talking about building. TV production assets that have been more successful than ABCs inhouse work. ETC.
And only American “news” and sport as well. Disney got Sky (including Sky News and Sport) as part of the deal.
This might be good news for the BBC. We will wait and see.
So…Star Wars IX: Ayn Rand Returns?
I jest.
…I hope.
The mouse that roared.
Rupert is 87.
God, I can’t wait for the old fucker to die and for his kids to eat each other in a succession war.
