Tag: acquisition

  • Bob Iger Could Remain CEO in Disney and Fox Deal

    Bob Iger Could Remain CEO in Disney and Fox Deal

    The Disney-Fox deal is heating up once again with new details and this may put investors and the public more at ease. Bob Iger may extend his contract and remain CEO beyond 2019 if the deal goes through.

    It was reported Tuesday that Fox-head James Murdoch could wind up succeeding Iger if the deal went through, but according to multiple sources it’s likely that if it does goes through, Disney CEO Bob Iger will likely remain with the company. He would stay at Disney to oversee any potential merging of Disney and Twenty-First Century Fox assets.

    Iger is no stranger to bringing in new assets and integrating them into the Disney family. After taking over in 2005 he led the acquisitions of Pixar, Marvel, and Lucasfilms giving him experience like no one else. He has the most experience and makes the most sense if the deal is to succeed. The deal is valued at more than $60 billion and a smooth transition is exactly what investors want.

    It will take time to get the necessary federal approvals for the acquisition and even time to integrate the assets after that, which could leave Iger at the helm through 2020, maybe even later. It is still possible the deal would see James Murdoch as a replacement after the integration is complete and Iger steps down.

  • Disney and Fox Deal Back On and Moving Fast

    Disney and Fox Deal Back On and Moving Fast

    It turns out the talks aren’t really finished and there is still a strong likelihood of a deal between Disney and Fox. Disney is “progressing speedily” towards an acquisition of Fox, according to a new report from Deadline.

    It would appear that the two studios are nearing a deal that might have some in Hollywood a little nervous but it would be super exciting for fans that have long waited to see both the Fantastic Four and X-Men within the Marvel Cinematic Universe.

    It’s the film rights have kept the X-Men from joining the MCU as of yet, but one X-Men producer would love to see the crossover happen. A recent Vanity Fair article explained how X-Men producer Lauren Shuler Donner threw in her support to have the mutant icons team up with the Avengers in theaters. “Well, I wish. I would love it, I would love it. But it’s not for me to say,” she said. Too bad it’s not up to her.

    If the deal goes through, the Murdoch family will continue to maintain ownership over the sports and news divisions while Disney would get the studio rights to everything on the film side according to the report.

    There is so much more at stake here for Disney than the obvious rights to the X-Men and Fantastic Four brands. They also want distribution rights for the original Star Wars trilogy and prequel trilogy. Most of those rights revert back to Disney in 2020, but the original 1977 film’s rights will remain at Fox.

    Another bonus is the Avatar franchise. Earlier this week director James Cameron commented on how any sale of Fox’s TV and film operations would impact the Avatar sequels. He noted it probably wouldn’t affect the Avatar series and explained that “at this point in time Disney has a bigger investment” in the franchise than Fox, referring in part to Disney World’s Pandora: The World of Avatar attraction.

    Disney would love to get its hands on the FX channel. And of course they want the vast, impressive, lucrative library of Fox movies and TV series from past and present, to add to their upcoming streaming service and, probably, to deny those movies and series to Netflix, along with the Disney, Marvel, Pixar, and Lucasfilm properties.

    While in the midst of negotiations Disney is really hoping that Sony doesn’t out fox them on the deal. It was recently noted that Sony Entertainment had shown interest in purchasing 21st Century Fox along with a few other companies, including Comcast and Verizon. However, if rumors are true those talks have since reverted to Disney.

    Much of this is speculative, but the talk of Disney purchasing Fox is much more than a big rumor. Deadline’s new report makes a good point that, if this deal does happen, we’ll probably find out about it in a pretty out of the blue way. We may not know when that announcement could come, but don’t be too surprised to hear that Disney has officially purchased Fox in the near future.