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Old 19th December 2017, 11:05 AM
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hivemind hivemind is offline
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Join Date: Jan 2013
Location: Cornwall. The land of Cornish pasties, pixes and Straw Dogs
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Quote:
Originally Posted by SilverSurfer View Post
Walt Disney has agreed to buy 21st Century Fox's entertainment assets for a total $52.4bn (£39bn).
The deal includes Fox's 39% stake in satellite broadcaster Sky, and the 20th Century Fox film studio, Disney announced.
Fox's remaining assets, including Fox News and Sports, will form a new company.
The deal ends more than half a century of media expansion by Fox owner Rupert Murdoch, who is 86 years old.
Mr Murdoch will still retain control of News Corp, the news publishing group that split away from 21st Century Fox in 2013 and which owns the Times and the Sun newspapers.
Disney's purchase will add to its huge back catalogue, with high-grossing films such as the original Star Wars movie, the Marvel superhero pictures, Avatar and Deadpool, as well as TV hits including The Simpsons.
Disney chief executive Bob Iger said that Disney was "incredibly excited" about the acquisition, and that it was an "opportunity to expand iconic franchises", including Avatar and Star Wars.


I guess Walt Disney's ongoing Empire Strikes Back.


Walt Disney buys Murdoch's Fox for $52.4bn - BBC News

Cameron's committed to Avatar until the ripe old age of 260 apparently, and Star Wars has been well and truly shafted by Disney, plus the Alien films have been completely screwed up by Scott, though Fox would of continued the back story to the Alien franchise without Scott. Fox and Ridley Scott should of left Alien back story to the imagination of the fans. All in all, a bleak day indeed. So now we have Universal/NBC - Comcast and the Walt Disney Co as two of the biggest entertainment conglomerats in the world, bar Time Warner. If I was a betting man, I would say that one day only two global corps will control all of the enterainment industries. This is a significant step toward that day.

Last edited by hivemind; 19th December 2017 at 11:19 AM.
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