oklahomanewsman 210 Posted December 7, 2017 Share Posted December 7, 2017 I'll say this, I don't think nor do I expect Disney to dump ESPN because they would not have acquired BAMTech or Fox's Regional Sports Networks if Disney got rid of ESPN, on top of that it would take Hearst to sell their stake in ESPN in order for Disney to spin the network off and that ain't happening either. It would be nice for Sinclair or someone else to buy ESPN but chances of that happening are slim to none Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-190813 Share on other sites More sharing options...
The Frog 429 Posted December 11, 2017 Author Share Posted December 11, 2017 Comcast is out of the running: https://www.wsj.com/articles/comcast-says-no-longer-reviewing-deal-for-21st-century-fox-assets-1513031365 A deal with Disney is expected to be announced in the coming days: https://www.bloomberg.com/news/articles/2017-12-11/fox-deal-is-said-coming-within-days-giving-murdoch-disney-stake Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191198 Share on other sites More sharing options...
LoadStar 364 Posted December 12, 2017 Share Posted December 12, 2017 I highly doubt Comcast was ever seriously *in* the running. I can't see how the DOJ would have allowed that on antitrust grounds. Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191206 Share on other sites More sharing options...
Rusty Muck 4374 Posted December 12, 2017 Share Posted December 12, 2017 If Fox wants to effectively bail out Sinclair and take a whole bunch of key affiliates back into the fold (including a decent chunk of the 2008 ex-New World spinoffs, plus KCPQ) this deal gives them more than enough money to do so. Otherwise it makes absolutely no sense. Fox News is a money machine but that 65-dead demo won’t last forever. And holding onto a network that will have the vast majority of affiliates owned by a rival company in a BBS-CTV mess is highly questionable. I’ll throw one caveat: what if the Murdoch sons don’t see any future whatsoever in the motion picture industry? Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191209 Share on other sites More sharing options...
Rusty Muck 4374 Posted December 12, 2017 Share Posted December 12, 2017 It would be nice for Sinclair or someone else to buy ESPN but chances of that happening are slim to none Why, so Sinclair can absolutely sink with a network that is already in massive financial trouble and with a shrinking viewership base? At least Disney can offset that red ink with an endless parade of Star Wars and Marvel Cinematic Universe features. But even that will have a shelf life. Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191212 Share on other sites More sharing options...
CircleSeven 1955 Posted December 12, 2017 Share Posted December 12, 2017 A deal with Disney is expected to be announced in the coming days: https://www.bloomberg.com/news/articles/2017-12-11/fox-deal-is-said-coming-within-days-giving-murdoch-disney-stake CNBC is saying this morning that their announcement could happen on Thursday. Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191253 Share on other sites More sharing options...
oklahomanewsman 210 Posted December 12, 2017 Share Posted December 12, 2017 Why, so Sinclair can absolutely sink with a network that is already in massive financial trouble and with a shrinking viewership base? If Disney knew that ESPN was sinking and had a full ownership stake in the network then yeah ESPN would've been spun off but who owns the so called "silent majority" of ESPN? You guessed it, Hearst and Hearst doesn't want to give up their stake in ESPN because if they did that then stations like KMBC, WISN, WTAE and WBAL would've lost their right to simulcast NFL games involving their local team with ESPN. You have to understand that Disney would not have bought BAMTech or even considered buying Fox's Regional Sports Networks if they truly believed that ESPN was a sinking ship to the point of no return Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191269 Share on other sites More sharing options...
TVNewsLover 779 Posted December 13, 2017 Share Posted December 13, 2017 If Disney knew that ESPN was sinking and had a full ownership stake in the network then yeah ESPN would've been spun off but who owns the so called "silent majority" of ESPN? You guessed it, Hearst and Hearst doesn't want to give up their stake in ESPN because if they did that then stations like KMBC, WISN, WTAE and WBAL would've lost their right to simulcast NFL games involving their local team with ESPN. You have to understand that Disney would not have bought BAMTech or even considered buying Fox's Regional Sports Networks if they truly believed that ESPN was a sinking ship to the point of no return Hearst only owes 20%. That is not a silent majority. And I imagine Disney can do whatever it wants with its 80%, regardless of what Hearst wants to do with its 20%. Disney has controlling interest. Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191301 Share on other sites More sharing options...
oklahomanewsman 210 Posted December 13, 2017 Share Posted December 13, 2017 Hearst only owes 20%. That is not a silent majority. And I imagine Disney can do whatever it wants with its 80%, regardless of what Hearst wants to do with its 20%. Disney has controlling interest. Still I just can't justify a sell/spin off of ESPN now that not only Disney has bought BAMTech and it's now buying Fox's RSNs but also investing in the direct to consumer streaming service (ESPN Plus), just my opinion Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191306 Share on other sites More sharing options...
MetroCity 248 Posted December 13, 2017 Share Posted December 13, 2017 A couple thoughts on the ESPN discussion: Let's be clear. While ESPN profits are not as high as they once were, they are NOT losing money. Even though ESPN no longer delivers a boat-load of money to Disney's bottom line, it does still bring in a truck-load. It's still a lot of cash that Disney cares about. Next, with Disney owning a lot more sports broadcasting real estate (the regional networks), along with ESPN, it could give them a lot more power in negotiations to better control the obscene licensing costs the teams and leagues are asking for. Those costs, along with subscribers moving to digital, are a huge part of ESPN's problem. More muscle in controlling those costs, along with Disney's big plans for expansion into digital would seem to show Disney is more intent than ever to be a bigger player in delivering sports to consumers, and not a smaller one. And a previous comment was right. ESPN allows ABC, their owned stations and affiliates to air a significant number of college and other games during the year. Those games bring in major ad revenue to the stations. No owned station or affiliate wants to replace college football on Saturdays with reruns of America's Funniest Videos or infomercials for copper frying pans. Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191321 Share on other sites More sharing options...
Rusty Muck 4374 Posted December 13, 2017 Share Posted December 13, 2017 If Disney knew that ESPN was sinking and had a full ownership stake in the network then yeah ESPN would've been spun off but who owns the so called "silent majority" of ESPN? You guessed it, Hearst and Hearst doesn't want to give up their stake in ESPN because if they did that then stations like KMBC, WISN, WTAE and WBAL would've lost their right to simulcast NFL games involving their local team with ESPN. Unless I'm mistaken, the local market OTA simulcast of a cable-only NFL game is won by bidding. It has nothing to do with Hearst having a 20% minority stake in ESPN. Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191330 Share on other sites More sharing options...
jsn1992 25 Posted December 13, 2017 Share Posted December 13, 2017 Unless I'm mistaken, the local market OTA simulcast of a cable-only NFL game is won by bidding. It has nothing to do with Hearst having a 20% minority stake in ESPN. That is correct, although if I can recall I think Hearst stations in home markets get first rights. Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191332 Share on other sites More sharing options...
24994J 5577 Posted December 13, 2017 Share Posted December 13, 2017 That is correct, although if I can recall I think Hearst stations in home markets get first rights. Just like the ABC O&O's. Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191333 Share on other sites More sharing options...
Northerner 32 Posted December 13, 2017 Share Posted December 13, 2017 Just like the ABC O&O's. Didn't the NBC O&Os hold right of first refusal for their TNF games? Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191346 Share on other sites More sharing options...
Jase 1047 Posted December 13, 2017 Share Posted December 13, 2017 I’ll throw one caveat: what if the Murdoch sons don’t see any future whatsoever in the motion picture industry? I don't think that's the case. I believe the grand plan is to form a new News Corp that is slimmer overall and is a private company than a public one. Selling the most profitable assets, like the film studio, would allow them to do just that. From a consumer pov, the lost of 20th Century Fox film studio could mean movies like Hidden Figures, Birdman, 12 yrs a Slave, etc... don't get made. I don't see Disney taking on those type of films/subjects. Just cranking out a bunch of Marvel, Star Wars, etc.. stuff. Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191351 Share on other sites More sharing options...
detroiter313 180 Posted December 13, 2017 Share Posted December 13, 2017 I don't see Disney taking on those type of films/subjects. Just cranking out a bunch of Marvel, Stars Wars, etc.. stuff. And by stuff, I think you mean reboot and remakes of classic Disney Animated movies, which some of us don't even want or need. Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191353 Share on other sites More sharing options...
Jase 1047 Posted December 14, 2017 Share Posted December 14, 2017 And by stuff, I think you mean reboot and remakes of classic Disney Animated movies, which some of us don't even want or need. Yes. And I would rather the film studio, the FX networks, etc.. go to someone who is less likely to tamper with things. Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191370 Share on other sites More sharing options...
mardek1995 200 Posted December 14, 2017 Share Posted December 14, 2017 That's a scary thought if Disney decides to put ESPN or ABC on the block...Only, that won't happen. In fact, even the idea that ABC will buy more stations isn't nearly as farfetched. And by stuff, I think you mean reboot and remakes of classic Disney Animated movies, which some of us don't even want or need.We already have enough remakes of classic Disney animated movies already. Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191373 Share on other sites More sharing options...
CircleSeven 1955 Posted December 14, 2017 Share Posted December 14, 2017 Bloomberg is saying if Disney takes over the 20th studio, Fox would still own the real estate of those studio lots. That would mean Disney would have to pay Fox rent to use the lots. We'll get a clear understanding of all of this later on this morning. Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191388 Share on other sites More sharing options...
rkolsen 1684 Posted December 14, 2017 Share Posted December 14, 2017 Didn't the NBC O&Os hold right of first refusal for their TNF games? They have to air them. Just like the CBS stations do when CBS produces a game that isn’t national. You don’t want your high priced NBC or CBS talent appearing on Fox or ABC. Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191391 Share on other sites More sharing options...
nomadcowatbk 149 Posted December 14, 2017 Share Posted December 14, 2017 And a previous comment was right. ESPN allows ABC, their owned stations and affiliates to air a significant number of college and other games during the year. Those games bring in major ad revenue to the stations. No owned station or affiliate wants to replace college football on Saturdays with reruns of America's Funniest Videos or infomercials for copper frying pans. many sports that were once on ABC have been moved to ESPN Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191394 Share on other sites More sharing options...
nomadcowatbk 149 Posted December 14, 2017 Share Posted December 14, 2017 Bloomberg is saying if Disney takes over the 20th studio, Fox would still own the real estate of those studio lots. That would mean Disney would have to pay Fox rent to use the lots. while Fox would have to pay Disney for The Simpsons and Family Guy but would no longer get the merchandising or syndication or streaming $ Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191395 Share on other sites More sharing options...
TSSZNews 1051 Posted December 14, 2017 Share Posted December 14, 2017 Done deal. $52 billion in stock. RSNs included—and, interestingly, so is Nat Geo, FX, and a stake in Sky! Guess Murdoch’s giving up on that too. Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191403 Share on other sites More sharing options...
nomadcowatbk 149 Posted December 14, 2017 Share Posted December 14, 2017 will they build a Simpsons or Family Guy land at Disneyworld? could those shows eventually move to ABC? Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191405 Share on other sites More sharing options...
Eat News 4745 Posted December 14, 2017 Share Posted December 14, 2017 Done deal. $52 billion in stock. RSNs included—and, interestingly, so is Nat Geo, FX, and a stake in Sky! Guess Murdoch’s giving up on that too. Awe shucks! No cash huh? Just let the old guy go off and spend his money...off into the sunset of those wonderful twilight years. ...and that discount at Dennys... Link to comment https://localnewstalk.net/topic/16047-fox-in-talks-to-sell-to-disney/page/5/#findComment-191406 Share on other sites More sharing options...
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