Disney buys some assets of 21st Century Fox?

Discussion in 'Visual Arts' started by Deuce66, Nov 6, 2017.

  1. Vidiot

    Vidiot Now in 4K HDR!

    Location:
    Hollywood, USA
    Take it up with Mr. Bart. I didn't write the story.

    [email protected]
     
    sunspot42 likes this.
  2. I better don't, I worked at one of Mr. Rich's houses, won't say which one, and 'though I'm disabled and no longer work for him (through a private security company) there's still a confideliality document signed by me so I can't discuss anything about what I saw or heard while working for him. All in all, it's a stupid piece of paper as I only have good things to say about Mr. Rich and his family, may he rest in peace.
     
  3. Deuce66

    Deuce66 Senior Member Thread Starter

    Location:
    Canada
    Apparently Disney shareholders at the annual meeting got a sneak peak of new Star Wars and Avatar footage, the deal must be very close to being finalized.
     
  4. MikaelaArsenault

    MikaelaArsenault Forum Resident

    Location:
    New Hampshire
  5. MikaelaArsenault likes this.
  6. Vidiot

    Vidiot Now in 4K HDR!

    Location:
    Hollywood, USA
  7. I think one of my favourite movie studios is going to hell.
     
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  8. There's a very colorful future timeline someone has drawn up with Disney replacing the Federal Government and then taking over the world. I used to think it was a joke but now I am not so sure...
     
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  9. Vidiot

    Vidiot Now in 4K HDR!

    Location:
    Hollywood, USA
    Very interesting and poignant essay by several major filmmakers on the legacy of 20th Century-Fox and what's being lost as it's gobbled up by Disney...

    Fox Remembered: Guillermo del Toro, Paul Feig, Steve Levitan and More on Studio’s Legacy

    I believe the sale is official as of today. "Let the hangings begin!" :shake:

    Disney Completes 21st Century Fox Acquisition

    And how about this headline...

    Today is the Final Day for 20th Century Fox After 104 Years; At 12:02 am Tonight( Weds) - They will Cease to Exist

    In other news: William Fox, the "lost executive" of 20th Century-Fox, is still pissed-off. Look up his sad history. Mr. Fox was a huge producer in the 1920s, and lost everything with the 1929 stock market crash and actually wound up losing his studio and his freedom when he went to jail for fraud for about six months. Millions of theatergoers saw his name for decades on the logo, but I think very few people remember who he was and what he accomplished in Hollywood.
     
    Last edited: Mar 19, 2019
  10. longdist01

    longdist01 Senior Member

    Location:
    Chicago, IL USA
    Thanks for sharing that link Vidiot.


     
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  11. AKA

    AKA Senior Member

    As of three minutes ago, 20th Century Fox is officially a subsidiary of The Walt Disney Company.
     
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  12. Vidiot

    Vidiot Now in 4K HDR!

    Location:
    Hollywood, USA
    And apparently Deadpool has just weighed in on the acquisition...
    [​IMG]

    And showrunner Al Jean of The Simpsons weighs in as well...

    [​IMG]
     
  13. Dan C

    Dan C Forum Fotographer

    Location:
    The West
    Oof. Sad.

    dan c
     
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  14. Deuce66

    Deuce66 Senior Member Thread Starter

    Location:
    Canada
    Welcome to the new Walt Disney Company. We OWN YOU....ok maybe not but we're close to 50% of the top box office.

    The Walt Disney Company


    [​IMG]
     
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  15. jupiter8

    jupiter8 Senior Member

    Location:
    NJ, USA
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  16. Exit Flagger

    Exit Flagger Forum Resident

    Location:
    New York
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  17. jupiter8

    jupiter8 Senior Member

    Location:
    NJ, USA
    I agree- it makes money, unlike the newspapers he has held onto
     
  18. Vahan

    Vahan Forum Resident

    Location:
    Glendale, CA, USA
    Lachlan said last November that he has no plans to change Fox News.
     
  19. neo123

    neo123 Senior Member

    Location:
    Northern Kentucky
    Fox News, Fox Business and Fox Sports are remaining as is. They have their own stock ticker separate from the Disney/21st Century Fox.
     
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  20. My favourite movie studio (along with Warner Bros.) is going to be prostituted by the Mickey Mouse House. It's very very sad, at least it is for me.
     
  21. AKA

    AKA Senior Member

  22. BILLONEEG

    BILLONEEG Senior Member

    Location:
    New Jersey
    I can't say anything negative about Disney for their purchase of 20th Century Fox. It was a smart business decision & I really believe we will all see it that way when they get their streaming service going. Let's wait & see what happens. My opinion.
     
    Encuentro likes this.
  23. jupiter8

    jupiter8 Senior Member

    Location:
    NJ, USA
    That would be the newly formed Fox Corporation (which trades as FOXA)- I believe Fox Sports that remains is only the national version since they have to sell off the regional sports network as part of the Disney deal
     
    neo123 likes this.
  24. andrewskyDE

    andrewskyDE Island Owner

    Location:
    Fun in Space
    Don't be scared, it'll only get some Micky Mouse ears.^^
     
  25. Deuce66

    Deuce66 Senior Member Thread Starter

    Location:
    Canada
    Disney is not wasting time layoff notices are already being issued.


    Layoffs Begin at 20th Century Fox After Disney Deal Closes

    While Disney never clarified how many people would lose their job, analysts say that by the time the dust settles, 4,000 of the jobs that conglomerate provides could be lost. Disney-skeptic analyst Rich Greenfield of BTIG even put the number at 5,000-10,000 over a longer time frame.

    Acquisitions are usually accompanied by layoffs, though the Disney-Fox merger was always expected to be a bit more brutal than others given the overlap in various job functions, especially at the film studio's marketing, distribution and home entertainment units.

    Management didn't provide any insight into possible layoffs before the deal close. "We have spoken about $2 billion in cost synergies and we're confident that we're going to be able to deliver those," Iger said on an earnings call in August. "There will be revenue synergies as well, but we have not been specific about what they are and we don't intend to get specific about that, at least for the foreseeable future."
     

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