Disney Fox übernahme
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Die Übernahme von Fox durch Disney ist abgeschlossen. Über 71 Milliarden Dollar wechseln dafür den Besitzer. Mit dem Fox-Deal hat Disney die wohl grössten Medien-Übernahme der Geschichte abgeschlossen. Für Disney ist das super – für alle. Disney möchte alle Verbindungen zu Ruport Murdoch und seinem Fox-Imperium kappen, zu dem auch der konservative TV-Sender Fox News.Disney Fox Übernahme Das könnte Sie auch interessieren Video
Fox-Übernahme? Was Disney wirklich will! - Flipps News
In the announcement, Disney and Fox said "21st Century Fox remains fully committed to completing the current Sky offer and anticipates that, subject to the necessary regulatory consents, the transaction will close by June 30, If the deal doesn't close, then Disney will retain Fox's current 39 percent stake of Sky "and we imagine they'll make their own bid for the rest of it," Murdoch said on Fox Business on Thursday.
The deal will needs to undergo regulatory review and will likely take at least a year to close. News of a possible deal first came to light in early November when CNBC reported that Disney had approached 21 Century Fox about a deal to acquire the movie and television assets.
That led to other companies, like Comcast, to explore an acquisition as well. But on Monday Comcast said in statements to media outlets that it "never got the level of engagement needed to make a definitive offer" and was withdrawing from the discussions.
As the two companies work to complete the deal and Disney works to integrate its new assets, Bob Iger, who had been expected to retire, will remain as chairman and CEO of Disney through Speaking on Fox Business Thursday morning, Murdoch said he made it a condition of the deal that Iger would stay on.
There had been some reporting that Murdoch's son James, currently CEO of 21st Century Fox, would move over to Disney in a high level role and as a possible successor to Iger.
But there are no guarantees. Some theaters are getting denied access to older Fox titles, while other theaters have been able to show screenings just fine.
Source: Vulture. Subscribe to our Newsletter:. Be the first to comment! Friend's Email Address. Your Name. On October 10, it was reported that the new, post-merger organizational structure of " New Fox " would be implemented by January 1, , ahead of the closure of the Disney sale which is still expected to occur during the first half of On October 15, Disney offered a list of concessions to the European Commission , which extended the review deadline to November 6.
On November 19, China's regulators approved the Disney—Fox deal, without any conditions. CADE recommended remedial measures. Securities and Exchange Commission.
On January 11, it was reported that the deal is expected to close by either February or March However, a decision on the deal still could not be reached.
The two countries are among the last major hurdles for the Disney—Fox deal. The regulator said it coordinated with regulators in Mexico and Chile in evaluating the transaction.
Brazil's approval clears one of the final hurdles, allowing the deal to be completed in March. Mexico's telecom regulator, Federal Telecommunications Institute IFT , approved the deal on March 11, under the condition that Disney and Fox agree to sell Fox Sports in the country within six months.
This cleared the last major holdout on the deal. Fox Corporation officially became a standalone, publicly traded company, separate from 21st Century Fox, on March 19, making Fox Corporation the owner of the assets that were not acquired by Disney.
The announcement also included appointment of the board of directors. Watts who currently serves as Vice Chairman and President of production at 20th Century Fox will continue in that post.
On December 13, , Disney announced a new organizational structure for its international operations and the individuals who would join the company, including Jan Koeoppen and Uday Shankar.
It was reported on March 21, that Disney would shut down the Fox Pictures studio in , following the release of The Woman in the Window.
The top executives given two to six months notice of being laid off include 20th Century Fox film president of domestic distribution Chris Aronson, president of worldwide marketing Pamela Levine, co-president of marketing Kevin Campbell, chief content officer Tony Sella, international distribution president Andrew Cripps, executive vice president of corporate communications Dan Berger, executive vice president of legal affairs and executive vice president of Fox Stage productions Bob Cohen and executive vice president of publicity Heather Phillips, 20th Television president Greg Meidel and Fox Consumer Products boss Jim Fielding.
Debmar-Mercury announced on April 3 that it would end its national ad sales partnership with 20th Television, and that they will transfer their national ad sales for their first-run and off-network shows by the company to CBS Television Distribution Media Sales.
Disney announced on April 24, that it had canceled a number of upcoming Fox films such as Mouse Guard , [89] News of the World whose rights were then picked up by Universal Pictures , [90] and an adaptation of Angie Thomas' On the Come Up whose rights were then moved to Paramount Players , [91] and that some projects, such as The King's Man , Fear Street , and Steven Spielberg's remake of West Side Story , were still in production.
All the Fox Marvel films previously scheduled for release after were removed from the schedule. Avatar 2 was rescheduled from to a Christmas release, after which Avatar sequels will be released every other Christmas holiday release, alternating with Star Wars sequels through Following the acquisition, Disney reorganized its television division to align various operations.
On August 7, , Disney announced that they would overhaul Fox film projects in development except Avatar , Planet of the Apes and Kingsman sequels due to Dark Phoenix causing a third-quarter loss.
Little Theatre , a local theater chain in Rochester, New York , was forced to cancel their August 5 screening of Fight Club after Disney notified the theater that it was not allowed to screen the film in the future.
On September 10, , Disney announced their plans to sell the video game division of FoxNext , preferring to license its properties for video games rather than develop them.
On October 24, Vulture reported that Disney was limiting theatrical exhibitions of Fox's older films, with several theaters and film programmers reporting that Fox's back catalogue was no longer available to them.
On August 10, , Disney announced a reorganization and rebranding of its television studios, with 20th Century Fox Television being subsumed by 20th Television , and Fox 21 Television Studios being rebranded as Touchstone Television reviving a name dropped in by what then became ABC Studios — which itself was renamed ABC Signature.
Despite Disney passing antitrust approval from regulators in every country, critics of Disney's purchase expressed a significant amount of antitrust concerns.
The deal is a horizontal merger i. Horizontal mergers are more disapproved than vertical mergers, as they affect a more tangible reduction in competition.
As both Disney and Fox produce films and television series, the deal reduced the number of major film studios in Hollywood from six to five.
Opponents countered that these arguments do not hold much weight due to Disney's powerful box office and stock market shares, its practices, and its purchase of Fox's many assets.
A film reporter said, "They'll have more control over more things, so if they decide they don't like what you wrote and want to ban you from their screenings, eventually that will mean all of entertainment.
For journalists and reporters trying to do their job, it is frightening to see the scope of one company expand in that way and know that your fate is kind of tied up with them.
The more power they have, the more they wield it," one entertainment reporter said. On November 3, , Disney banned the Los Angeles Times from attending press screenings of its films in retaliation for the paper's coverage of their political influence in Anaheim, California in September of that year.
Jason Bailey, the editor of Flavorwire , thought the way Disney treated the Los Angeles Times was "absolutely chilling", fearing it would only grow more common after the merger:.
The idea of a major, multinational conglomerate being that petty and vindictive and really engaging in an act of retribution against an outlet, and against reporters who had nothing to do with the thing that they were angry about, gave some insight into the length they were willing to go against anyone who didn't toe the Disney company line.
It's very worrisome, and is more worrisome if they're in control of this much more of the entertainment industry.
One film writer stated that "I personally worry that a studio this big will need the press less and less. I don't think anything drastic will change immediately, but I think it is more important than ever for entertainment reporters to uphold journalistic values.
We are not their PR arms, no matter how much they'd like us to be. It really scares me to watch them get even more power.
Unlike other studios, Disney has a reputation for strict conditions being forced upon theater owners for its films, such as Avengers: Age of Ultron and Star Wars: The Last Jedi.
For some, the deal would give Disney unprecedented market power in the industry. One distribution studio executive denounced the deal, saying that "If I was an independent mom-and-pop theater, I would just close down; there's no way to survive.
Disney holds all the cards, and we have to play by their rules. Smaller cinemas are just left in the dust. Elkader Cinema in Elkader, Iowa , opted out the movie for the same reason, with owner Lee Akin stating that "I can't get the entire town in my auditorium in one week's time let alone four.
On November 22, , the U. Department of Justice formally filed its motion for a federal court order to nullify the Paramount Decrees, which was set in place after the case United States v.
Paramount Pictures, Inc. Disney already controls an alarmingly large portion of ticket revenues and just bought its competitor 20th Century Fox; since doing that, the company has quietly restricted repertory showings of old Fox movies, a practice it has long enforced for Disney movies.
Without strict antitrust rules, independently owned theaters could have trouble affording big studio movies.
A crucial part of the old centralized system was that theater chains rented screens to their studio owners at a massive discount; were that model to return, it would be hard for indie theaters to compete.
The National Association of Theatre Owners NATO , which represents major theater chains, expressed its concern about the murky future the DOJ could create, saying "If exhibitors were forced to book out the vast majority of their screens on major studio films for most of the year, this would leave little to no room for important films from smaller studios.
Polka lambasted the deal and called on federal regulators to "fully investigate" the merger. He was concerned about his smaller subscription television constituents having to negotiate multichannel deals with a behemoth that combines Fox's regional sports networks with ESPN and its cadre of collegiate-conference-focused RSNs, as well as the majority stake in Hulu:.
The Disney-Fox marriage not only will create one of the world's largest entertainment conglomerates but will give the combined company control of critical video programming that can be bundled together to harm consumers in local and national markets.
In particular, Disney-Fox will become the largest holder of key local and national sports programming rights. It also will gain control of more national cable programming networks, and a significant stake in Hulu — an increasingly popular online distribution service.
Because the combined company post-transaction could leverage these programming assets to undermine competition to the detriment of consumers, federal agencies must fully investigate the proposed combination to ensure that it neither violates antitrust laws nor is inconsistent with the public interest.
Many European telecommunication companies also expressed concerns about the Disney—Fox deal, considering that Sky plc and Sky UK were included in the package, as it serves almost 23 million households across Britain, Ireland, Germany, Austria, and Italy.
Some felt that a Disney-owned Sky UK would be most damaging to its pay-TV competitors since it has invested in content to cross-sell television with mobile services, in a bid to squeeze more out of customers.
Dish Network CEO Erik Carlson said blockbuster mergers like the Disney—Fox deal could severely limit the number of content companies providing to their customers.
Carlson said on CNBC 's Squawk on the Street that "We really take the position that we think about the customer and the customer first.
The Writers Guild of America West , the union that represents writers of films, television, and other media, wrote that:. In the relentless drive to eliminate competition, big business has an insatiable appetite for consolidation.
Disney and Fox have spent decades profiting from the oligopolistic control that the six major media conglomerates have exercised over the entertainment industry, often at the expense of the creators who power their television and film operations.
Now, this proposed merger of direct competitors will make matters even worse by substantially increasing the market power of a combined Disney-Fox corporation.
The antitrust concerns raised by this deal are obvious and significant. The Writers Guild of America West strongly opposes this merger and will work to ensure our nation's antitrust laws are enforced.
Tom Rothman , chairman of the Sony Pictures Entertainment Motion Picture Group and former co-chairman of Fox Filmed Entertainment , said the Disney—Fox deal was a dangerous proposition: "Consolidation under giant corporate mandates rarely promotes creative risk-taking.
And in the long run, it is always a challenge to compete against horizontal monopolistic power. James Mangold , director of Fox's Marvel adaptations The Wolverine and its R-rated sequel Logan , expressed concerns that the deal might lead to the approval of a similar film that may have more limited appeal than a conventional Marvel blockbuster, thereby limiting the opportunities for certain filmmakers as well as the consumers.
Mangold said that "If they're actually changing their mandate, if what they're supposed to do alters, that would be sad to me because it just means less movies.
Miles Dale, who accepted the Critics' Choice Movie Award for Best Picture for The Shape of Water , urged Disney "not to mess" with 20th Century Fox's indie studio Fox Searchlight Pictures , saying, "they're making the kind of movies that we need to make, we want to make, and people need to see.
Writer Marc Guggenheim , known for his work for the Arrowverse for The CW , said that "As a writer, I'm not a big fan of these big corporate consolidations.
I don't think they're necessarily good for writers, directors, producers, and actors. I also, as an American, don't love these big corporate mergers.
I don't think they're necessarily good for the country. The potential acquisition of Fox by Disney caused concern within the entertainment industry that smaller media companies, including Viacom , CBS Corporation , Lionsgate , and Metro-Goldwyn-Mayer , would need to consolidate or be sold in order to remain competitive.
Murphy cited the Disney—Fox deal as the main reason for departure, arguing that his freedom under Disney might be severely limited in creating new, risk-taking content.
Jeff Bock of Exhibitor Relations expressed hope that the merger would force creativity in other studios like Paramount, which might focus on smaller-budget films knowing that it could not compete with Walt Disney after the Fox acquisition in making big-budget blockbusters.
Viacom CEO Bob Bakish has stated that the Disney—Fox deal provides a "very real opportunity" to hire new executive and creative talent at Paramount and other studios amid the "dislocation associated with change of ownership" at Disney and Fox.
Bakish also suggested that Viacom and other companies can provide new content for streaming services such as Netflix once Disney removes their content from the service in Horn acknowledged that Disney has a stranglehold on the entertainment industry especially after the Fox acquisition, but defended against the monopoly accusations:.
Tom Reimann of Collider said that "Horn's bizarre, rambling rationalization veers towards seemingly deliberate obfuscation at several points" by saying that he "point[ed] out that Disney makes a wide variety of films the two topics are wholly unrelated while admitting only that Disney enjoys 'a very hefty percentage of the box office' without acknowledging that the studio has bought out most of its meaningful competition.
President Donald Trump praised both companies for the merger, believing it is best for American jobs. He said in a statement that "Disney's proposed purchase of 21st Century Fox threatens to put control of even more television, movie, and news content into the hands of a single media giant.
If it's approved, this acquisition could allow Disney to limit what consumers can watch and increase their cable bills," he said. Disney is already using its box office muscle to bully movie domestic exhibitors, extracting financial terms far beyond their studio peers Adding Fox, which controls portions of the Marvel universe X-Men , Deadpool and the Avatar franchise, would enable Disney to gain unprecedented market power.
Hargreaves said that although the merger is positive for both companies, it comes with a high antitrust risk due to Disney's potential share of theatrical revenue, its share of domestic cable assets, its strong position in sports, and its power to already force preferential deals with cable, satellite, and theater owners.
David Balto, an antitrust lawyer and former policy director at the FTC, said that the inclusion of regional sports networks would give Disney greater leverage with cable and satellite distributors: "Any increase in Disney sports programming will be extremely problematic and will get intense scrutiny".
John Simpson of the activist group Consumer Watchdog said that the deal "would give far too much monopolistic power to Disney, which is known for cutthroat, hardball tactics ", and "can only mean higher prices and less choice for consumers.
Barton Crockett, a media analyst at B. That's going to have a big influence up and down the supply chain.
Ian Bezek, contributor to InvestorPlace , questioned the underlying rationale for the merger, asking why Disney needed to acquire Fox's film production and cable sports business for such a "high price", given Disney's already healthy positions in both businesses:.
Given the problems at ESPN, some would say this is doubling down on a struggling division. In any case, this deal significantly weakens the argument that Disney is a diversified powerhouse, as it will rely much more on just a couple revenue streams for the majority of its profits post-deal.
Jonathan Barnett, law professor at the University of Southern California Gould School of Law states that when considering streaming services under the same markets as theaters, worries about Disney's control "would be substantially diminished".
Disney is not a corporation that pushes the bounds of artistic and technological possibility but a corporation that pushes the bounds of legal possibility under a radical pro-consolidation framework that has existed since the s.
Its new streaming service Disney Plus proves that the company is willing to lose money in order to generate market power that Disney can later use, often against consumers.
Disney acquired the majority of 21st Century Fox 's entertainment assets. On November 14, , it was revealed that a new independent company, which was tentatively called "New Fox", would be named Fox Corporation.
They include: [2]. Assets that were initially a part of the acquisition of Fox assets by Disney, but have since been planned to be sold off to third parties.
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