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

Comments

  • #2
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    How are Disney being allowed to control a monopoly?


  • #3
    RayM
    Closed Accounts Posts: 7,973 ✭✭✭RayM


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


  • #4
    Vic_08
    Registered Users, Registered Users 2 Posts: 3,080 ✭✭✭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.


  • #5
    NIMAN
    Registered Users, Registered Users 2 Posts: 34,694 ✭✭✭✭NIMAN


    Did Murdoch not retain the News element?


  • #6
    Agent Coulson
    Registered Users, Registered Users 2 Posts: 61,272 ✭✭✭✭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/


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  • #7
    CastorTroy
    Registered Users, Registered Users 2 Posts: 29,565 ✭✭✭✭CastorTroy


    Probably wanted nothing to do with Fox News


  • #8
    icdg
    Moderators, Technology & Internet Moderators Posts: 12,072 Mod ✭✭✭✭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.


  • #9
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


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


  • #10
    icdg
    Moderators, Technology & Internet Moderators Posts: 12,072 Mod ✭✭✭✭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).


  • #11
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    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.


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  • #12
    Agent Coulson
    Registered Users, Registered Users 2 Posts: 61,272 ✭✭✭✭Agent Coulson


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


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