Multimillion-dollar Disney-Fox merger may create a new nerdy nirvana
Multimillion-dollar Disney-Fox merger may create a new nerdy nirvana
Take, for instance, the fractured world of Marvel superheroes. For years, the X-Men (Wolverine, Storm, Professor X and the crew) and the Fantastic Four (Thing, Invisible Woman, et al) have battled bad dudes from the studios of 20th Century Fox. Meanwhile Iron Man, Black Widow and other Avengers vanquished villains in another corner of the galaxy run by Disney. Almost ne’er the twain did meet — though that could soon change.
In a related fashion, rights to the various “Star Wars” films have been scattered all over a galaxy far, far away; those will soon be unified under a powerful Galactic Emp– er, well, Magic Kingdom.
Disney’s announcement Thursday that it’s buying most of movie goliath Fox for $52.4 billion in stock brings these once disparate franchises together, possibly for as-yet unplanned intergalactic dust-ups. Add the “Avatar” franchise to the blockbuster mix, and the company that launched Mickey Mouse will be an unavoidable presence at the box office and online if the deal goes through.
The combined company will account for more than a third of theatrical revenues in the US and Canada, an $11 billion business last year, not to mention a huge chunk of the global theater-going pie, according to Daniel Ives, chief strategy officer at market research firm GBH Insights.
That would make the Disney juggernaut a more powerful theatrical force to be reckoned with than ever before. Online, Disney has announced plans to launch its own streaming service in 2019, after pulling titles like “Rogue One: A Star Wars Story” and Disney’s “Moana” from Netflix’s streaming platform to move onto its own. After Fox’s deal to send its movies to HBO ends reportedly in 2022, its films will also move to the Disney streaming platforms.
“Creating a direct-to-consumer relationship is vital to the future of our media businesses and it’s our highest priority,” Disney CEO Bob Iger told investors in a Thursday conference call detailing the Fox deal.
Those old enough to remember the blaring 20th Century Fox opening to the original “Star Wars” (Episode IV) may no longer have to search far, far, away to find the other titles. The original was made and distributed by Fox, but it was a quirk of the series.
Episodes V, VI, I, II, and III were owned by Lucasfilm (bought by Disney in 2012) and distributed by Fox. You can only stream those first six movies endlessly if you buy them and register them through the not-terribly-popular UltraViolet system backed by several studios. (You can also rent them digitally.) “The Force Awakens” — Episode VII — is available to streaming subscribers, though only if you have Starz.
The Force may finally put these titles in one place.
Buying Fox will also give Disney a majority stake in streaming platform Hulu. The addition of Fox’s regional sports TV networks and National Geographic video programming in the deal could let the new service bundle hugely popular movie and TV franchises, local sports broadcast rights, and distribution platforms into one live online video empire.
That would recreate online what the US Supreme Court broke apart in the 1940s. That’s when the court forced Hollywood studios to divest ownership of theater chains to keep content producers from controlling every step along the way to the consumer.
“This moves Disney from an afterthought in streaming to a legitimate contender,” Ives said.
At the same time, tech companies — particularly Netflix, Amazon, Facebook, Google, and Apple — are making big investments in video streaming. Hollywood-centered entertainment companies have struggled as people drop traditional TV packages, shifting the nexus of power in entertainment from the Hollywood Hills toward Silicon Valley and Seattle.
That marketplace dynamic could help pave the way for regulators to clear the deal, aimed to close within the next 12 to 18 months.
“These guys are up against Facebook and Google, not Warner Bros. and MGM,” said Mike Kelly, the former Weather Channel CEO who is now CEO of investment and advisory firm Kelly Newman Ventures. “If you look at it that way, I don’t think the government would have that big of an issue with it.”
Iger said he anticipates a “significant amount of regulatory scrutiny both in the United States and internationally” because of the deal’s size, but he said authorities should quickly approve it because it makes sense for consumers.
He said Disney’s current thinking is to split its streaming services into three different brands, such as a Disney-labeled family service that would fold in NatGeo, Marvel, Pixar and Lucasfilm; an ESPN-led sports service; and an adult-oriented service that would incorporate Hulu and some of Fox’s TV shows.
Disney also aims to expand the global audience of its cast of characters as it pulls in Fox’s London-based pay-TV broadcaster Sky, which has a pan-European audience, and Mumbai-based Star India.
But there’s one part of the comic book world that will escapes Disney’s sizable web: Spider-Man, whose rights Marvel partially farmed out to Sony.
Although Sony and Disney cut a deal to include Spidey in Avengers tales starting with “Captain America: Civil War” last year, Sony continues to develop its own alternate reality with movies like the animated “Spider-Man: Into the Spider-verse” as well as spin-offs “Venom” and “Silver & Black” starting in 2018.
HBO website and comedian John Oliver censored in China
- After mocking censors working over time to delete comparisons of President Xi Jinping with the cartoon bear, comedian John Oliver and now the website of TV giant HBO have fallen victim to China’s censorship machine
- HBO joins a long list of Western media outlets that have had their websites blocked in China including The New York Times, Facebook, and Twitter
BEIJING: It was one Winnie the Pooh joke too far.
After mocking censors working over time to delete comparisons of President Xi Jinping with the cartoon bear, comedian John Oliver and now the website of TV giant HBO have fallen victim to China’s censorship machine.
Chinese authorities blocked HBO’s website in China, just days after Oliver took Xi to task, anti-censorship and monitoring group GreatFire.org said on Saturday.
HBO joins a long list of Western media outlets that have had their websites blocked in China including The New York Times, Facebook, and Twitter.
“China: the country responsible for huge technological advances but it still can’t seem to get pandas to f***,” Oliver opened the episode of “Last Week Tonight” that is causing the problems.
Those technological advances include draconian surveillance and censorship measures which appear to have made HBO and Oliver their latest victims.
Oliver’s name and that of the show he hosts were censored on China’s popular twitter like Weibo.
“Send failure” Weibo returned when AFP attempted to post Oliver’s name.
“Content is illegal!” the service said.
YouTube, which also airs “Last Week Tonight,” has long been blocked in China.
Oliver’s segment dug into Xi’s distaste at comparisons to the self-described “bear of very little brain” and introduced viewers to repressive changes underway in the world’s most populous country.
Chinese netizens have often compared Xi to A.A. Milne’s most famous creation, something that censors have been quick to purge inside the Great Firewall.
The segment also recounted recent headlines: from Xi becoming “emperor for life” to a corruption purge that targeted his political rivals, to a crackdown on freedom of expression, human rights, and religion, to an ongoing suppression and imprisonment campaign against China’s Uighur ethnic minority.
“Xi is actively removing the post-Mao guardrails that were put in place,” Oliver said of changes to China’s constitution which allow him to remain in power indefinitely.
“China is becoming more authoritarian just as it has major plans for expansion onto the world stage,” Oliver said as the segment neared an end.
“The era of do as we say may be dawning.”