Posts

Showing posts with the label 21st Century Fox

Straight Answers to Silly Questions: What are the most obvious signs from their movies that Disney is out to make money?

Image
© 2019 TWDC What are the most obvious signs from their movies that Disney is out to make money? Why are you asking such a silly question about The Walt Disney Company in general and specifically its Walt Disney Motion Pictures Studio division? Is there a valid reason for this, or are you jumping on the “let’s bash Disney because it’s a huge corporation” bandwagon? First of all, The Walt Disney Company was not created just to create “art” or provide entertainment just for the sake of making audiences happy. It was founded. in part, because Walt Disney was an artist who wanted to share his talents as an animator with the world, but it was also set up as a business enterprise. It wasn’t created to make art for art’s sake. Second, “Disney” exists to give its shareholders a return for their investments. When you buy stock in any business, you’re not merely getting a pretty piece of paper with the company logo; you’re purchasing a stake in that company’s future. Thus, if you o

Much Ado Over Fox News Channel: Can NBC News buy the Fox News Channel?

Image
NBCUniversal's new logo. © 2017 NBCUniversal, a Comcast company On Quora, Rich Madhok asks Can NBC News buy the Fox News Channel? No. NBC News  cannot  buy the Fox News Channel. Here’s why: NBC News is not now, and never was, an independent entity capable of purchasing any of its competitors. It started out as the news division of the National Broadcasting Company back in the days of radio. (Fun fact: Until 1943, NBC had two networks: NBC Blue and NBC Red. In 1943, RCA spun-off NBC Blue and sold it to Edward J. Noble’s American Broadcasting Service. which renamed the Blue Network as the American Broadcasting Company.) The National Broadcasting Company itself is not an independent company; it’s now part of NBCUniversal, which in turn is owned by Comcast. Comcast is not interested in acquiring another news channel; it already owns NBC News (over the air), MSNBC, and CNBC. It does not need Fox News Channel, nor does it desire to acquire Fox News Channel in order to “s

Talking About Conservative Viewpoints: How will the Disney/Fox merger affect Fox News?

Image
© 1996, 2019 New Fox How will the Disney/Fox merger affect Fox News? The Walt Disney Company/21st Century Fox merger has not affected Rupert Murdoch’s Fox News Channel or the over-the-air Fox Broadcasting Company. Before Murdoch and 21st Century Fox’s shareholders agreed to the deal, both of these assets were spun-off into a newly-created entity called “New Fox.” The Walt Disney Company already owns ABC, so it had no need to purchase the Fox TV network. Murdoch, on his part, is more interested in keeping Fox News Channel in his media empire, since being a mover and shaker in the conservative movement is far more important to him than being a provider of entertainment to the masses. (And considering how unpopular Fox News Channel is outside its conservative fanbase, I don’t think Disney's Alan Horn and Bob Iger wanted  that  hot potato anyway.) So, if you’re a regular watcher of Fox News Channel and were worried that its programming would morph into something that is no

Talking About the Disney/21st Century Fox Deal: Does Disney Own the Movie 'Titanic' Now?

Image
Does Disney own the movie Titanic now? James Cameron’s 1997 film was the most expensive motion picture of its day; its unprecedented $200 million budget was so large that Cameron’s Lightstorm Entertainment had to team up with two major studios to get his film made and distributed. The two studios that stepped up to the plate were Paramount Pictures (a subsidiary of Viacom) and 20th Century Fox Film Corporation (a division of Rupert Murdoch’s News Corporation). Though it might seem strange that two rival studios would join forces to produce and release a major motion picture, it has happened several times, most notably when Universal Pictures and Columbia Pictures bankrolled Steven Spielberg’s  1941  back in the late 1970s. What usually happens in these deals is that one studio gets the rights for domestic distribution, while the other gets the foreign distribution rights. In the case of  Titanic,  Paramount Pictures got dibs on the lucrative North American market, while

Talking About the Disney/21st Century Fox Deal: If The Walt Disney Company acquires Fox, will Disney own the TV rights to Batman?

Image
If The Walt Disney Company acquires Fox, will Disney own the TV rights to Batman? The purchase of 21st Century Fox by The Walt Disney Company (TWDC) was finalized in the spring of 2019 after the relevant government agencies in various nations, including the U.S. and China, signed off on it. It’s therefore no longer a hypothetical question (“if”); it’s a done deal. However, your question from 2017 reflects quite a few misconceptions that need to be cleared up. Let’s begin, shall we? First, you have to understand that before the Disney purchase of 21st Century Fox was set in motion, Rupert Murdoch and his fellow owners had to spin off several divisions from the company that was the parent of the legendary film studio 20th Century Fox and its in-house labels, Fox Searchlight and Fox 2000. None of the “Fox”-branded TV networks that were formerly part of Murdoch’s old News Corporation/21st Century Fox were included in the deal. TWDC already owns ABC and ESPN; it can’t own a

What do people think the Star Wars franchise would be like if Disney had not bought Star Wars?

Image
What do people think the Star Wars franchise would be like if Disney had not bought Star Wars? Before I give you my answer to the question at hand, let me first make an observation. It seems to me that  Star Wars  fans have no understanding of how corporate ownership of a media company works. The impression that I get when I see questions such as “What do people think the Star Wars franchise would be like if Disney had not bought Star Wars?” is that the persons that ask queries like this have a huge chip on their shoulder about George Lucas’s retirement and subsequent sale of his company, Lucasfilm Limited (and all of its subsidiaries and intellectual properties) to The Walt Disney Company. The Walt Disney Company (aka “Disney”) owns a large number of subsidiary companies which enjoy a great deal of autonomy. I don’t have time to name them all, but here are the most prominent Disney subsidiaries: The American Broadcasting Company (ABC) Marvel Entertainment (which includes M