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-Acquisition complements and enhances The Walt Disney Company’s ability to provide consumers around the world with more appealing content and entertainment options
-Transaction to include 21st Century Fox’s film and television studios, cable entertainment networks and international TV businesses
-Popular entertainment properties including X-Men, Avatar, The Simpsons, FX Networks and National Geographic to join Disney’s portfolio
-Expands Disney’s direct-to-consumer offerings with addition of 21st Century Fox’s entertainment content, capabilities in the Americas, Europe and Asia; Hulu stake becomes a controlling interest
-Addition of extensive international properties, including Star in India and Fox’s 39% ownership of Sky across Europe, enhances Disney’s position as a truly global entertainment company with world-class offerings in key regions
Robert A. Iger to remain Chairman and CEO of The Walt Disney Company through 2021
Only franchise I care about is Avatar and maybe National Geographic. I don't even know how people can keep watching these superhero flicks over and over again LOL.
This pretty much means Disney's future streaming services will have the ammo to compete with Netflix. And they just might win.
__________________ "There's a lot of dead people who had the right of way." "Never argue with stupid people, they will drag you down to their level and beat you with experience." "I have a lot of beliefs, and I live by none of them. They're just my beliefs, they make me feel good about who I am. But if they get in the way of a thing I want, like I wanna jack off or something, I just do that."
Sounds like Fox News will also be spun into a separate company now. I'm hoping this hurts the network, obviously their views and broadcasting does not align with Disney's image, maybe this change will starve the network financially.
reads most threads with his pants around his ankles, especially in the Forced Induction forum.
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Quote:
Originally Posted by SkinnyPupp
So Disney now owns Marvel, Star Wars, ABC, and now FOX (along with a ton of other things like Muppets etc)
They are basically taking over the entire entertainment industry
I mean they generally put out quality stuff but that is kind of scary...
Nah they don't own nothing. After they bought Fox some Chinese company is going to buy Disney out. Soon we could start seeing Chinese Disney princess or movie heavily on Chinese theme (maybe a Chinese batman)
Nah they don't own nothing. After they bought Fox some Chinese company is going to buy Disney out. Soon we could start seeing Chinese Disney princess or movie heavily on Chinese theme (maybe a Chinese batman)
Most dumb action movies are being made for Chinese audiences already anyway, no big difference really