Current Events > Pretty soon Fox News will be owned by Disney

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twitterfriends
12/14/17 9:46:38 AM
#1:


What a world we live in
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Caution998
12/14/17 9:46:59 AM
#2:


Fox is retaining Fox News.
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eston
12/14/17 9:47:25 AM
#3:


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DarkChozoGhost
12/14/17 9:47:38 AM
#4:


Pretty sure you're ignorant
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ChromaticAngel
12/14/17 9:48:18 AM
#5:


Fox News is a separate subsidiary owned by News Corp. They only sold off 20th Century Fox.
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CableZL
12/14/17 9:48:27 AM
#6:


What made you think Fox News was included in the deal?
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ItsVinceRusso
12/14/17 9:49:33 AM
#7:


I don't think Fox News is included in the deal.
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DarkChozoGhost
12/14/17 9:49:57 AM
#8:


ChromaticAngel posted...
Fox News is a separate subsidiary owned by News Corp. They only sold off 20th Century Fox.

No they didn't. They sold of 21st Century Fox.
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SK8T3R215
12/14/17 9:50:02 AM
#9:


Why does this board never read articles about events and instead just post ignorance?
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twitterfriends
12/14/17 9:55:18 AM
#10:


Technically yeah but by th companies will be like brother and sister with Disney pretty much controlling Fox News
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CableZL
12/14/17 9:55:49 AM
#11:


twitterfriends posted...
Technically yeah but by th companies will be like brother and sister with Disney pretty much controlling Fox News


No they won't. That doesn't even make any sense. Disney and Fox are separate entities.
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lilORANG
12/14/17 9:56:17 AM
#12:


Poor tc
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twitterfriends
12/14/17 9:57:42 AM
#13:


I even heard Murdoch will have a role at Disney and I know Disney wants more TV including broadcasting news.
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TheSockMonster
12/14/17 9:58:16 AM
#14:


DarkChozoGhost posted...
Pretty sure you're ignorant


i'm not ignorant, i just didn't know this. no need to be condescending.
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CableZL
12/14/17 9:59:24 AM
#15:


twitterfriends posted...
I even heard Murdoch will have a role at Disney and I know Disney wants more TV including broadcasting news.


His role will be helping with the transition. Disney will have nothing to do with Fox News because Fox News would still be owned by Fox.
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ChromaticAngel
12/14/17 9:59:52 AM
#16:


twitterfriends posted...
I even heard Murdoch will have a role at Disney and I know Disney wants more TV including broadcasting news.

Rupert Murdoch is retired.
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ChromaticAngel
12/14/17 10:00:36 AM
#17:


CableZL posted...
twitterfriends posted...
I even heard Murdoch will have a role at Disney and I know Disney wants more TV including broadcasting news.


His role will be helping with the transition. Disney will have nothing to do with Fox News because Fox News would still be owned by Fox.


Fox News is owned by News Corp.
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CableZL
12/14/17 10:01:41 AM
#18:


ChromaticAngel posted...
Fox News is owned by News Corp.


You're right, but still, Disney wouldn't have anything to do with Fox News.
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twitterfriends
12/14/17 10:02:23 AM
#19:


CableZL posted...
twitterfriends posted...
I even heard Murdoch will have a role at Disney and I know Disney wants more TV including broadcasting news.


His role will be helping with the transition. Disney will have nothing to do with Fox News because Fox News would still be owned by Fox.


Yeah technically but these is just PR mumbo jumbo, we know who will be calling the shots at Fox News now.

Republicans are getting butt hurt because they think their news is sacred and independent but no.
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CableZL
12/14/17 10:03:21 AM
#20:


twitterfriends posted...
Yeah technically but these is just PR mumbo jumbo, we know who will be calling the shots at Fox News now.

Republicans are getting butt hurt because they think their news is sacred and independent but no.


This deal has nothing to do with Fox News and Disney won't be "calling the shots" with anything in regard to Fox News.
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Esrac
12/14/17 10:03:52 AM
#21:


Well, at this rate, it'll be easier to list properties that Disney doesn't own.
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The Top Crusader
12/14/17 10:04:48 AM
#22:


I think he took his wallet.
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ChromaticAngel
12/14/17 10:04:49 AM
#23:


twitterfriends posted...
CableZL posted...
twitterfriends posted...
I even heard Murdoch will have a role at Disney and I know Disney wants more TV including broadcasting news.


His role will be helping with the transition. Disney will have nothing to do with Fox News because Fox News would still be owned by Fox.


Yeah technically but these is just PR mumbo jumbo, we know who will be calling the shots at Fox News now.

Republicans are getting butt hurt because they think their news is sacred and independent but no.


It's the opposite, actually.

When you conduct these mega transactions (this was a 60 billion dollar deal) you don't pay cash, you pay part cash and part company shares.

In essence, Disney sold some unknown percentage of itself (but probably significant) to News Corp in exchange for total ownership at Fox.

This means that News Corp now has a huge say at top Disney executive meetings.
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twitterfriends
12/14/17 10:05:10 AM
#24:


Esrac posted...
Well, at this rate, it'll be easier to list properties that Disney doesn't own.


Yep nice to have some Disney stocks atm
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I Like Toast
12/14/17 10:07:03 AM
#25:


ChromaticAngel posted...
They only sold off 20th Century Fox.

21st, which includes 20th.
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DarkChozoGhost
12/14/17 10:08:04 AM
#26:


I Like Toast posted...
ChromaticAngel posted...
They only sold off 20th Century Fox.

21st, which includes 20th.

No, 20th includes 21st. They only got 21st, not 20th
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ItsVinceRusso
12/14/17 10:09:10 AM
#27:


Mickey Mouse says MAGA
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twitterfriends
12/14/17 10:12:43 AM
#28:


Help transition

Is Wall Street lingo for youre my little bitch now

Im just laughing at all of this
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Kitt
12/14/17 10:19:41 AM
#29:


DarkChozoGhost posted...
I Like Toast posted...
ChromaticAngel posted...
They only sold off 20th Century Fox.

21st, which includes 20th.

No, 20th includes 21st. They only got 21st, not 20th

20th Century Fox is their film division. That's the piece of 21st Century Fox that they've got.
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hollow_shrine
12/14/17 10:19:48 AM
#30:


twitterfriends posted...
Help transition

Is Wall Street lingo for youre my little bitch now

Im just laughing at all of this

Why even post here if you're just going to drop excerpts of your running internal monologue?

Is it so hard to read literally any reporting on this?
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twitterfriends
12/14/17 10:21:02 AM
#31:


https://twitter.com/jeremynewberger/status/941285636740452352
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ClockworkHare
12/14/17 10:22:01 AM
#32:


Pretty soon Fox News will be owned by Disney

Fox & the Hound News
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hollow_shrine
12/14/17 10:22:13 AM
#33:


twitterfriends posted...
https://twitter.com/jeremynewberger/status/941285636740452352

Who is he and why is he being cited as an authority here?
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Solar_Crimson
12/14/17 10:22:41 AM
#34:


Esrac posted...
Well, at this rate, it'll be easier to list properties that Disney doesn't own.

Thankfully, Disney can't buy Nintendo or Sony, because Japanese law prevents Japanese companies from being bought out by foreign corporations.
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ChromaticAngel
12/14/17 10:24:27 AM
#35:


Solar_Crimson posted...
Esrac posted...
Well, at this rate, it'll be easier to list properties that Disney doesn't own.

Thankfully, Disney can't buy Nintendo or Sony, because Japanese law prevents Japanese companies from being bought out by foreign corporations.


That's clearly not true. A Korean company bought out SNK.
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rhklce
12/14/17 10:27:12 AM
#36:


hollow_shrine posted...
twitterfriends posted...
https://twitter.com/jeremynewberger/status/941285636740452352

Who is he and why is he being cited as an authority here?


Jeremy Newberger is the CEO of Ironbound Films, a documentary and new media production company based out of Garrison, NY. Ironbound Films is producing a documentary titled "Evocateur" on legendary talk-show host Morton Downey Jr. Jeremy produced and directed "The New Recruits" (PBS 2010) and "The Linguists" (PBS 2009). "The Linguists" was nominated for an Emmy in 2010 for Outstanding Science and Technology Documentary.

Jeremy also produced and wrote an Internet comedy series called "The Fantastic Two" about fantasy football starring William Refrigerator Perry.

Prior to Ironbound Films, Jeremy was Executive Producer at the FeedRoom, a producer at MSNBC for Lisa Napoli, the channel's Internet Technology reporter, producer of "Imus on MSNBC" television show, and Conan O'Brien's intern at "Late Night With Conan O'Brien". Jeremy lives in Westchester with his wife Michele and two children Samson and Annabelle.
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eston
12/14/17 10:34:48 AM
#37:


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I Like Toast
12/14/17 10:36:54 AM
#38:


Kitt posted...
DarkChozoGhost posted...
I Like Toast posted...
ChromaticAngel posted...
They only sold off 20th Century Fox.

21st, which includes 20th.

No, 20th includes 21st. They only got 21st, not 20th

20th Century Fox is their film division. That's the piece of 21st Century Fox that they've got.

Yup they are acquiring 21st through. 21st is going to spin off the stuff Disney isn't taking

http://money.cnn.com/2017/12/14/media/disney-fox-deal/index.html

In addition to 21st Century Fox's movie studio and regional sports networks, Disney is buying cable channels FX and National Geographic. Disney will also get Fox's stakes in Hulu and European pay-TV provider Sky (SKYAY).
Prior to the deal closing, 21st Century Fox (FOX) will separate the Fox broadcasting network, Fox News Channel, Fox Business Network, and some national sports networks into a new company that will be spun off to its shareholders. The remaining properties would ideally in the coming years merge with News Corp., from which they split in 2013, Murdoch said on Fox Business Thursday morning.

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The Admiral
12/14/17 10:38:59 AM
#39:


twitterfriends posted...
https://twitter.com/jeremynewberger/status/941285636740452352


You found someone on Twitter as ignorant as you, and this is the source you're using?
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twitterfriends
12/14/17 10:40:54 AM
#40:


Trumpers your boy sold out big time,
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BlueBoy675
12/14/17 10:42:54 AM
#41:


I like how TC has been repeatedly told he's wrong and yet he's just doubling down.
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