4 ms·
Disney is only interested in the creative/film assets; broadcast distribution and news/sports are being spun off.
by exelius 9y ago
Disney is only interested in the creative/film assets; broadcast distribution and news/sports are being spun off.
- ocdtrekkie 9y agoThe "big five" studios decreasing to the "big four" is not a good thing either. I feel like people have decided that because they really want an Avengers/X-Men movie (I want one too), it's okay that one of the largest companies on the planet is buying out one of their largest competitors.
- vlunkr 9y agoI like Disney, obviously they make great movies, but I don’t want _everything_ to be made by Disney. Personally I think their superhero movies have gotten much too formulaic, and I’m worried for what’s going to happen to Star Wars after they keep putting them out every year. We need more creators out there trying new things, and it doesn’t help that Disney wants to collect every recognizable character.
- michaelchisari 9y agoIf Thor: Ragnarok and early reviews of The Last Jedi are any indication, though, they're not afraid to experiment and break the formula. Especially as the brand recognition increases, they've taken and are starting to take some big risks as it pertains to blockbusters. The real out-of-the-ordinary films are always going to come from studios like A24. We'll never get a 150 million art film (Blade Runner 2049 notwithstanding), but it's a little much to expect that.
- matt-attack 9y agoMost consider that there are 6 “majors” in Hollywood. Disney, Fox, Warners, Paramount, and Sony. Which one did you exclude by stating there are only five?
- ocdtrekkie 9y ago...You just listed five. Although you are right, there are currently six. (Universal is the other one.)
- basch 9y agoFox was for sale. Either Disney or Comcast was going to end up with it.
- dagw 9y agobroadcast distribution and news/sports are being spun off Is that official? Disney has bet (and lost) a lot of money on sports broadcast over the past few years. I could see them trying to consolidate at least Fox sports into their current bet on sports.
- sailfast 9y agoIn the press release they indicate FS1 / FS2 will stay with the broadcast news and broadcast networks. They will keep the regional sports networks.
- exelius 9y agoYeah, RSNs are a different game. Sports in general is in decline; the RSNs are likely included to fill out ESPN's content deals to build a national sports streaming service. Things like Big 10 network have enough restrictions that the content could not be rebroadcast on ESPN or separate services.
- mrpippy 9y agoSlightly ironic that ESPN itself has significantly scaled back baseball coverage/studio shows this year, yet they now own RSNs who have rights for 16 (by my count) MLB teams
- exelius 9y agoIt's in the top line of the press release: https://thewaltdisneycompany.com/walt-disney-company-acquire-twenty-first-century-fox-inc-spinoff-certain-businesses-52-4-billion-stock/ https://thewaltdisneycompany.com/walt-disney-company-acquire...
- Mindwipe 9y agoThe US network is being spun off. But for instance they will own Sky - the biggest commercial broadcaster in Europe, and the UK's second biggest ISP...
- rhino369 9y agoDisney is also developing their own streaming service. They see the writing on the wall. In 20 years, broadcast and cable will be dead. Probably within 10. They can roll their own streaming service (because there isn't any decent ones to buy). But content is expensive. If the launch with Disney&Fox content while denying Netflix any Disney and Fox content, they'll have a shot at surviving.
- maxerickson 9y agoAfter the merger, Disney will be the majority owner of Hulu. https://www.recode.net/2017/12/14/16771712/hulu-disney-acquisition-fox-means-dis-foxa-21cf https://www.recode.net/2017/12/14/16771712/hulu-disney-acqui...