Home News Forum Articles
  Welcome back Join CF
You are here You are here: Home | Forum | Fox wants to sell TV entertainment and film division to Disney?

You are currently viewing our boards as a guest which gives you limited access to view most of the discussions, articles and other free features. By joining our Virgin Media community you will have full access to all discussions, be able to view and post threads, communicate privately with other members (PM), respond to polls, upload your own images/photos, and access many other special features. Registration is fast, simple and absolutely free so please join our community today.


Welcome to Cable Forum
Go Back   Cable Forum > Virgin Media Services > Virgin Media TV Service

Fox wants to sell TV entertainment and film division to Disney?
Reply
 
Thread Tools
Old 06-11-2017, 23:10   #1
1andrew1
Temporarily Suspended
 
Join Date: Dec 2013
Posts: 3,944
1andrew1 has reached the bronze age
1andrew1 has reached the bronze age1andrew1 has reached the bronze age1andrew1 has reached the bronze age1andrew1 has reached the bronze age1andrew1 has reached the bronze age1andrew1 has reached the bronze age
Fox wants to sell TV entertainment and film division to Disney?

Not sure about the implications of this on VM.
Quote:
21st Century Fox has been holding talks to sell most of the company to Walt Disney Co., leaving behind a media company tightly focused on news and sports, according to people familiar with the situation.
The talks have taken place over the last few weeks and there is no certainty they will lead to a deal. The two sides are not currently talking at this very moment, but given the on again, off again nature of the talks, they could be revisited.
https://www.msn.com/en-us/news/finan...ney/ar-AAutOrA
1andrew1 is online now   Reply With Quote
Advertisement
Old 06-11-2017, 23:44   #2
muppetman11
cf.mega poster
 
Join Date: Mar 2010
Posts: 10,904
muppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny stars
muppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny stars
Re: Fox wants to sell TV entertainment and film division to Disney?

So Disney would own Sky.
muppetman11 is offline   Reply With Quote
Old 06-11-2017, 23:55   #3
RichardCoulter
cf.mega poster
 
Join Date: Jan 2008
Posts: 5,496
RichardCoulter has disabled reputation
Re: Fox wants to sell TV entertainment and film division to Disney?

Fox have a 39% stake in Sky, so if Disney currently own 12% or more and this deal goes ahead then Disney would have a controlling stake, so yes.

Incidentally, just to complicate matters, Fox has made a bid for any shares in Sky that it doesn't already own.

Last edited by RichardCoulter; 07-11-2017 at 00:02.
RichardCoulter is offline   Reply With Quote
Old 06-11-2017, 23:58   #4
muppetman11
cf.mega poster
 
Join Date: Mar 2010
Posts: 10,904
muppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny stars
muppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny stars
Re: Fox wants to sell TV entertainment and film division to Disney?

Quote:
Originally Posted by RichardCoulter View Post
Do Disney have an existing stake in Sky?

Fox have a 39% stake, so if Disney currently own 12% or more and this deal goes ahead then Disney would have a controlling stake, so yes.
Disney don't own any of Sky however 21st Century Fox have a 39% stake and are currently trying to buy the rest. The FT mention Sky as being part of the deal discussed with Disney.

It does say talks aren't on going so nothing may materialise.
muppetman11 is offline   Reply With Quote
Old 07-11-2017, 01:06   #5
1andrew1
Temporarily Suspended
 
Join Date: Dec 2013
Posts: 3,944
1andrew1 has reached the bronze age
1andrew1 has reached the bronze age1andrew1 has reached the bronze age1andrew1 has reached the bronze age1andrew1 has reached the bronze age1andrew1 has reached the bronze age1andrew1 has reached the bronze age
Re: Fox wants to sell TV entertainment and film division to Disney?

Original story here: https://www.cnbc.com/2017/11/06/21st...y-sources.html

FT adds: [quote]
Quote:
Walt Disney has held talks with Rupert Murdoch’s 21st Century Fox about buying most of the company, including its stake in UK-based Sky, people briefed on the talks said, in a potentially controversial deal that would reshape the media landscape.
The very preliminary talks, which were first reported by CNBC, were no longer active, according to one person who was involved in the negotiations, and did not preclude Fox from being approached by another media company.
Another person said that Fox was effectively putting itself up for sale and that the likes of Verizon, the US telecom group, Charter Communications, the US cable company, and internet giant Amazon could be looking at buying all or part of its assets.
https://www.ft.com/content/03f7c04a-...b-322b2cb39656

If Fox just focused on news and sport, I could see it merging with News Corp (The Times, The Sun, Talk Sport) and maybe acquiring Sky Sports too. Would Disney sell its stake in Sky to someone like Vodafone? And then Vodafone its German cable assets to LGI?

Last edited by 1andrew1; 07-11-2017 at 01:23.
1andrew1 is online now   Reply With Quote
Old 07-11-2017, 06:39   #6
denphone
Still alive and happy
 
denphone's Avatar
 
Join Date: Jun 2007
Location: In the land of beyond and beyond.
Services: XL BB, 2 V6 boxes , XL TV.
Posts: 44,950
denphone has a lot of silver blingdenphone has a lot of silver blingdenphone has a lot of silver blingdenphone has a lot of silver blingdenphone has a lot of silver bling
denphone has a lot of silver blingdenphone has a lot of silver blingdenphone has a lot of silver blingdenphone has a lot of silver blingdenphone has a lot of silver blingdenphone has a lot of silver blingdenphone has a lot of silver blingdenphone has a lot of silver blingdenphone has a lot of silver blingdenphone has a lot of silver blingdenphone has a lot of silver blingdenphone has a lot of silver blingdenphone has a lot of silver blingdenphone has a lot of silver blingdenphone has a lot of silver blingdenphone has a lot of silver bling
Re: Fox wants to sell TV entertainment and film division to Disney?

Quote:
Originally Posted by muppetman11 View Post
So Disney would own Sky.
Interesting to say the least.
__________________
“The only lesson you can learn from history is that it repeats itself”
denphone is offline   Reply With Quote
Old 10-11-2017, 11:45   #7
muppetman11
cf.mega poster
 
Join Date: Mar 2010
Posts: 10,904
muppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny stars
muppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny stars
Re: Fox wants to sell TV entertainment and film division to Disney?

If I'm honest after reading into this more I honestly don't understand the logic behind it , call me a cynic but could this be a story put out there by the Murdoch's.
muppetman11 is offline   Reply With Quote
Old 10-11-2017, 15:36   #8
alwaysabear
RIp Sweetness
 
alwaysabear's Avatar
 
Join Date: Jul 2009
Location: S Essex
Services: Full house sports bundle,Vivid 200, talk more anytime.
Posts: 2,059
alwaysabear has a bronzed appealalwaysabear has a bronzed appeal
alwaysabear has a bronzed appealalwaysabear has a bronzed appealalwaysabear has a bronzed appealalwaysabear has a bronzed appealalwaysabear has a bronzed appealalwaysabear has a bronzed appealalwaysabear has a bronzed appealalwaysabear has a bronzed appealalwaysabear has a bronzed appealalwaysabear has a bronzed appealalwaysabear has a bronzed appeal
Re: Fox wants to sell TV entertainment and film division to Disney?

Quote:
Originally Posted by muppetman11 View Post
If I'm honest after reading into this more I honestly don't understand the logic behind it , call me a cynic but could this be a story put out there by the Murdoch's.
I agree Murdoch's not happy with referral of his bid for the rest of Sky. I suspect all sorts of things will be coming out in the press.
alwaysabear is offline   Reply With Quote
Old 03-12-2017, 22:39   #9
1andrew1
Temporarily Suspended
 
Join Date: Dec 2013
Posts: 3,944
1andrew1 has reached the bronze age
1andrew1 has reached the bronze age1andrew1 has reached the bronze age1andrew1 has reached the bronze age1andrew1 has reached the bronze age1andrew1 has reached the bronze age1andrew1 has reached the bronze age
Re: Fox wants to sell TV entertainment and film division to Disney?

Quote:
Fox revives talks on $50bn asset sale to Disney
Rupert Murdoch’s 21st Century Fox has restarted talks with Walt Disney over the sale of its entertainment and international assets — including its 39 per cent stake in the pan-European broadcaster Sky — in a potential deal that could reshape the global media map.
The discussions between the two sides ended last month but have begun again, according to multiple people with knowledge of the talks. The negotiations have centred on Fox’s movie studio, cable channels, such as FX, and international businesses, such as Star of India and Sky.
https://www.ft.com/content/dfee4a40-...9-c64b1c09b482
1andrew1 is online now   Reply With Quote
Old 04-12-2017, 21:09   #10
Horizon
Media Watcher
 
Join Date: Feb 2006
Location: Essex
Services: Sky, Cable & Freeview
Posts: 1,944
Horizon has reached the bronze age
Horizon has reached the bronze ageHorizon has reached the bronze ageHorizon has reached the bronze ageHorizon has reached the bronze ageHorizon has reached the bronze ageHorizon has reached the bronze age
Re: Fox wants to sell TV entertainment and film division to Disney?

We don't know whether Murdoch really wants to sell up, or whether this is a backdoor way to expand his empire further by getting into bed with the House of Mouse.

Tigers and mice don't mix very well...
__________________
https://www.forumbox.co.uk
The UK's Leading Social Media Network
Horizon is offline   Reply With Quote
Old 04-12-2017, 21:29   #11
vincerooney
cf.mega poster
 
vincerooney's Avatar
 
Join Date: Jan 2007
Services: XL TV XL Phone XL 100MB broadband TiVo Cat
Posts: 1,642
vincerooney has reached the bronze age
vincerooney has reached the bronze age
Re: Fox wants to sell TV entertainment and film division to Disney?

Quote:
Originally Posted by Horizon View Post
We don't know whether Murdoch really wants to sell up, or whether this is a backdoor way to expand his empire further by getting into bed with the House of Mouse.

Tigers and mice don't mix very well...
Very true!

I thought Murdoch wanted to buy the rest of SKY? But now he wants to sell it?
vincerooney is offline   Reply With Quote
Old 04-12-2017, 23:12   #12
Horizon
Media Watcher
 
Join Date: Feb 2006
Location: Essex
Services: Sky, Cable & Freeview
Posts: 1,944
Horizon has reached the bronze age
Horizon has reached the bronze ageHorizon has reached the bronze ageHorizon has reached the bronze ageHorizon has reached the bronze ageHorizon has reached the bronze ageHorizon has reached the bronze age
Re: Fox wants to sell TV entertainment and film division to Disney?

It's very mixed signals he's giving out, isn't it?

I don't know for sure, but I think his takeover of Sky will be blocked and of course when we talk about Sky now, it's not just a UK company anymore, but pan-European. If he can't control that, perhaps he thinks its time to throw in the towel.

There are other things as well, inheritance being foremast on his mind. He's old and has two sons, the daughter is out of the running. Before all the current fiasco, James was favourite to take over the overall reigns, but now it seems Lachlan is top dog.

Other things too like News Corp's largest shareholder after the Murdoch's, a Saudi prince, has sold his entire shareholding. Perhaps he knows something the rest of us don't. Also lots of things going on with American newspapers changing hands and Murdoch must be dying to get in on that "action."

But the main reason that Murdoch cites for selling most of his company is one of scale, of course what he really means is domination. Fox is very big today even in the new Netflix/Amazon/Apple world, but where as Murdoch used to be the big fish in the small pond, he now finds himself still a big fish, but in a lake.

Media pundits suggest the AT&T/Time Warner merger will go ahead. Comcast already gobbled up NBC Universal. So the consolidation of Hollywood with telcos and other content companies is showing no signs of abating. Don't forget John Malone is at the centre of this too.

No doubt the current 6 major Hollywood companies will soon be 3 and Apple will be in a position to buy whatever the hell it wants and throw as much cash as it wants to create the next Game of Thrones or Star Wars like franchise. Murdoch knows this and doesn't wish to be outgunned in what was a little pond he once dominated.
__________________
https://www.forumbox.co.uk
The UK's Leading Social Media Network
Horizon is offline   Reply With Quote
Old 05-12-2017, 01:19   #13
theone2k10
There can only be one
 
theone2k10's Avatar
 
Join Date: Jan 2013
Location: between Mars and Venus
Age: 38
Services: Plusnet 40mb unlimited fibre, roku, Verizon, netflix, nowtv, hbogo, hulu, SKY+HD box sets pack
Posts: 3,833
theone2k10 has reached the bronze age
theone2k10 has reached the bronze agetheone2k10 has reached the bronze agetheone2k10 has reached the bronze agetheone2k10 has reached the bronze agetheone2k10 has reached the bronze agetheone2k10 has reached the bronze agetheone2k10 has reached the bronze age
Re: Fox wants to sell TV entertainment and film division to Disney?

Even Apple has limited funds.
theone2k10 is offline   Reply With Quote
Old 05-12-2017, 18:57   #14
muppetman11
cf.mega poster
 
Join Date: Mar 2010
Posts: 10,904
muppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny stars
muppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny starsmuppetman11 has a pair of shiny stars
Re: Fox wants to sell TV entertainment and film division to Disney?

CNBC are reporting Disney and Fox are closing in on a deal which could be announced as early as next week.
muppetman11 is offline   Reply With Quote
Old 05-12-2017, 18:59   #15
theone2k10
There can only be one
 
theone2k10's Avatar
 
Join Date: Jan 2013
Location: between Mars and Venus
Age: 38
Services: Plusnet 40mb unlimited fibre, roku, Verizon, netflix, nowtv, hbogo, hulu, SKY+HD box sets pack
Posts: 3,833
theone2k10 has reached the bronze age
theone2k10 has reached the bronze agetheone2k10 has reached the bronze agetheone2k10 has reached the bronze agetheone2k10 has reached the bronze agetheone2k10 has reached the bronze agetheone2k10 has reached the bronze agetheone2k10 has reached the bronze age
Re: Fox wants to sell TV entertainment and film division to Disney?

Quote:
Originally Posted by muppetman11 View Post
CNBC are reporting Disney and Fox are closing in on a deal which could be announced as early as next week.
Very interesting times ahead.
theone2k10 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT +1. The time now is 20:54.


Server: xenon.zmnt.net
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2017, vBulletin Solutions Inc.