Rupert Murdoch… er… Mr. Burns with the Simpsons, who are now Disney property.
It’s an arms race, and every media company is involved.
Disney announced its much-anticipated acquisition of a big piece of 21st Century Fox for $52.4 billion in stock.
The move gives Disney four important assets as the Mickey Mouse operation moves to compete with rivals including Netflix and Amazon.
Here’s what Disney is buying:
21st Century Fox movie studio
FX and National geographic cable channels and some regional sports channels
Fox’s stake in Hulu
Fox’s stake in European cable company Sky
What Disney is not buying: the FOX broadcast channel, Fox News, and some other smaller stuff like newspapers. Those pieces are being spun off into a separate company that will be focused on news and sports.
The massive acquisition is the clearest sign yet that Disney is working to transform itself into a modern entertainment juggernaut, with the content and technology necessary to deliver the kind of on-demand experience that Netflix has pioneered.
Content and technology make up the two big parts of this deal. On the content side, Disney is bolstering its already-deep library of movies and TV, while also acquiring the rights to major franchises for future production. That means popular characters like the X-Men and the Simpsons are now owned by Disney, which already has Star Wars, Marvel, Pixar, and plenty more.
On the technology and distribution side, Disney’s acquisition of Sky is a major move into the international market. Disney noted in its press release that the expectation is for Fox’s move to acquire complete ownership of the cable company to go through before Disney’s acquisition goes through finalization and regulatory approval.
This gives Disney a major distribution source outside the U.S., something it didn’t have before and a piece that will help it hold off Netflix and Amazon, which are growing internationally.
The end game here is a Netflix-style service from Disney that will be so chock full of great content that people won’t be able to say no. Disney will control the entire pipeline of the business from conception to production to release to distribution.
Here’s where Hulu becomes an interesting part of this deal. Disney is now majority owner, but that doesn’t mean it can do whatever it wants with Hulu. BTIG Research analyst Rich Greenfield noted that Comcast still owns a chunk of Hulu and has the ability to block Disney from turning that service into its own version of Netflix. Disney could buy out Comcast, though Comcast might want to hang on so that it can block Disney from transforming Hulu.
Disney’s vertical integration — in this case adding distribution to content — follows on similar moves by other massive media companies in recent years. Comcast bought NBCUniversal. AT&T is buying Time Warner. All of these deals fused a distribution company with a content company. The only thing particularly different about the Disney-Fox deal is that it’s a content company buying into distribution, as opposed to the other way around.
Peter Dinklage gets yet another Emmy for his role as Tyrion Lannister
Peter Dinklage wins yet another Emmy for his role in ‘Game of Thrones.’
Peter Dinklage won his third Emmy for most outstanding supporting actor in a drama series at the Emmys on Monday.
Dinklage, who plays the iconic Tyrion Lannister in HBO’s Game of Thrones, was nominated alongside fellow Game of Thrones actor Nikolaj Coster-Waldau, who plays his brother Jaime Lannister.
For his work as Tyrion, Dinklage has been nominated in the category seven times, winning in 2011, 2015, and now 2018.
In his acceptance speech, Dinklage thanked Coster-Waldau, who earned his first Emmy nomination for his work on Game of Thrones this year.
Hopefully both actors survive the final season of Game of Thrones coming in 2019, or at least get one more nomination next year if they do meet their demise.
‘Green Book’ Wins Toronto Film Festival’s People’s Choice Award
Peter Farrelly’s “Green Book” has won the Grolsch People’s Choice Award at the 2018 Toronto International Film Festival, TIFF announced at an awards ceremony on Sunday.
The film, which tells the true story of an Italian-American nightclub bouncer (Viggo Mortensen) who serves as the chauffeur for a black pianist (Mahershala Ali) on a tour through the Deep South in the early 1960s, opened at the festival on Tuesday and was an instant hit with audiences and critics, although Bradley Cooper’s “A Star Is Born” had been considered the likely winner of the People’s Choice Award.
Runners-up for the award were Barry Jenkins’ lyrical James Baldwin adaptation “If Beale Street Could Talk” and Alfonso Cuaron’s moving memory piece “Roma.”
In the past, Toronto audience members voted by depositing their ticket stubs in a box at the theater, or by using the TIFF app — festival organizers took into account the size of the theaters in which each film screened — with the films that received votes from the largest percentage of their audience winning the prizes…………………”
Read More Here: https://www.thewrap.com/green-book-wins-toronto-film-festivals-peoples-choice-award/
Henry Cavill Out As Superman!
“It’s not Kryptonite that will end Henry Cavill’s run as Warner Bros.’ grimdark Superman; it’s a studio pivot.
Cavill is reportedly finished as the Man of Steel, with unnamed studio insiders telling The Hollywood Reporter that he won’t be donning the signature DC Comics superhero’s cape and tights again. It’s said to be part of a larger move aimed at fixing WB’s flagging DC Extended Universe (DCEU).
The rumored exit apparently started with a much smaller disagreement: The studio wanted Cavill for a cameo in the upcoming Shazam!, out April 5, 2019. But talks between WB and the actor’s reps didn’t go anywhere.
Beyond that, the studio also understands that bigger changes are needed. To date, the only universally successful DC-pegged release was 2017’s Wonder Woman, which landed both with critics and at the box office.
As one insider said, “There’s a recognition that some parts of the previous movies didn’t work.” (LOL at that understatement.) So now, WB is trying to hit “reset” (per another source) on the whole endeavor.
That reset reportedly includes a shift in focus from Superman to Supergirl. That movie would serve as an origin story, starring a teenage hero………………….”
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