Disney Buys Sky as part of it's Fox takeover.

Agent Coulson

With Disney's takeover of Fox this will also include Sky here.



The TV landscape has changed for ever now I think.

http://www.independent.co.uk/news/business/analysis-and-features/disney-21st-century-fox-deal-takeover-sky-rupert-murdoch-explanation-what-does-it-mean-future-a8110166.html

https://www.theverge.com/2017/12/14/16735502/disney-fox-deal-film-tv-studio-acquisition

How are Disney being allowed to control a monopoly?

RayM

Sky News was always a bit of a Mickey Mouse operation anyway.

Vic_08

Deleted User wrote: »

How are Disney being allowed to control a monopoly?

Monopoly on what?

Frankly anything is better than Murdoch having control over "News" content. The prospect of Sky News being closer aligned to Fox was not welcome.

NIMAN

Did Murdoch not retain the News element?

Agent Coulson

The Wall Street Journal points out that one underrated and highly important facet of this deal is Disney’s interest in Sky (paywall), the London-based European broadcaster that already owns the international rights to many films produced by both Disney and Fox. Meaning, with a near 40% stake in Sky, Disney’s international streaming offerings could legitimately compete with Netflix’s not just in North America, but everywhere.

This what Disney get.

All of Fox’s film studios (20th Century Fox, Fox Searchlight, and Fox 2000)
Fox’s television studio
FX Networks
National Geographic
Fox’s stake in European broadcaster Sky
Fox’s stake in North American streamer Hulu

This is what they don't get.

Staying with the hollowed out 21st Century Fox is the Fox broadcast network, Fox News, Fox Sports, and Fox Business. We’ll get to what this deal means for Fox in a moment.

https://qz.com/1156615/disney-fox-rupert-murdoch-marvel-star-wars-the-simpsons-and-planet-of-the-apes-all-under-one-roof/

CastorTroy

Probably wanted nothing to do with Fox News

icdg

More to do with the FCC not allowing the one company to control both ABC and the (terrestrial) Fox Network. Once that was the case it made sense for Fox News to stay on the rump Fox side of the divide, since ABC already has its own news operation.

TBH Disney owning Fox News would be excellent. They'd never let the broadcaster pull any of their usual sh*t.

icdg

Not for the people working at Fox News! It would have either been closed down fully, or merged with ABC News. Either way Disney wouldn’t have kept both news gathering operations (even though Fox News is a 24 hour cable/satellite news channel while ABC News is the news division of a terrestrial network).

icdg

icdg wrote: »

Not for the people working at Fox News! It would have either been closed down fully, or merged with ABC News. Either way Disney wouldn’t have kept both news gathering operations (even though Fox News is a 24 hour cable/satellite news channel while ABC News is the news division of a terrestrial network).

Is that not par for the course and pretty standard with any kind of media operation, let alone any industry? Mergers happen all the time. TBH I'm all for it if it means something as cancerous as Fox News is no more.

Agent Coulson

Comcast has entered the race to buy Sky offering £22b for it.