Disney-Fox Deal: Murdochs On ‘New Fox’ Strategy And “The Next Great Leg Of Our Journey”
Rupert Murdoch had a similar take to that of many media veterans on Disney's $66B acquisition of assets of 21st Century Fox. He called it "a momentous occasion for me, our investors and thousands of colleagues who have joined us over the years in building 20th Century Fox."
During a conference call with investors this morning to discuss the "next great leg of our journey,” Murdoch was joined by sons Lachlan and James as well as CFO John Nallen.
The execs detailed the… Read
How Disney’s Streaming Dreams And Nightmares Over Silicon Valley Invasion Drove Fox Deal
Disney needs all the superheroes it can get to withstand Silicon Valley’s Hollywood invasion. The deal with Fox illustrates how even giant media companies feel the need to bulk up and reinvent their businesses to confront such online competitors as Netflix, Amazon and others.
Disney CEO Bob Iger said today’s announced $52.4 billion all-stock deal will advance his plans for a streaming service to rival Netflix and deepen the studio’s direct connection with consumers… Read
Hollywood Reacts To Disney-Fox: Ryan Reynolds, James Gunn Weigh In
Refresh for updates The Disney-Fox deal didn’t escape the notice of Deadpool today, with star Ryan Reynolds tweeting an early frontrunner for funniest reaction to the corporate mega-deal.
Take a look here, along with responses from James Gunn and James L. Brooks. We’ll update with other reactions as they arrive.
Apparently you can't actually blow the Matterhorn. pic.twitter.com/2bEAAcZrUv
— Ryan Reynolds (@VancityReynolds) December 14, 2017
Simpsons say "hi" to… Read
How The Overwhelming Disney-Fox Movie Lineup Will Impact Rivals And Exhibitors
If Disney and Fox had merged last year, the combined studio’s domestic box office would have equaled $4.5 billion. That number creeps close to a 40% market share, a figure no major studio has ever hit. Book-ended by two Star Wars releases plus its Marvel and Pixar fare, Disney by itself hit an industry stateside record of $3 billion in 2016. Before the studio closes out this year with Star Wars: The Last Jedi, a Disney/Fox combo would already be poised to topple that… Read
Disney-Fox Deal: Rupert Murdoch Says No Loyalty To TV Networks, Only “Must See Fox News”
“Why now?” Fox Business Network anchor Maria Bartiromo asked boss Rupert Murdoch Thursday morning so he could walk viewers through the $66B deal for The Walt Disney Co. to acquire a major portion of 21st Century Fox.
“There are a lot of changes coming,” the 21st Century Fox exec chairman said. “People are watching television differently.
“Not news or business,” he hastened to add, because he’s hanging on to Fox News Channel and Fox Business Network. “But, entertainment… Read
Disney-Fox Deal: Bob Iger Discusses Digital Future, James Murdoch, Hulu and $2B Cost Savings
Disney's $66 billion acquisition of Rupert Murdoch's 21st Century Fox will help it accelerate its digital direct-to-consumer strategy, accelerate growth at Hulu and allow ESPN to become a global powerhouse, CEO Bob Iger said.
Speaking to investors on an early morning call, Iger said that he expects the deal to bring it $2B in savings by 2021 and that it will close within 18 months after "significant" regulatory scrutiny in the U.S and internationally. Iger also… Read
‘Star Wars’ Adam Driver Will Lead Broadway Revival Of ‘Burn This’
Adam Driver, back on the big screen this weekend with Star Wars: The Last Jedi, will lead a Broadway revival next season of the late Lanford Wilson’s ferocious drama Burn This, producer David Binder (Hedwig and the Angry Inch, Of Mice and Men) announced this morning. Michael Mayer (Hedwig and the Angry Inch, Spring Awakening) will direct the planned 2019 show, at a Broadway theater to be announced.
An earlier announcement of the revival, with a different producing team… Read
Disney Set To Acquire Most Of Fox, A Game-Changing Deal That Will Redraw Hollywood Landscape
Disney announced its acquisition of a major portion of 21st Century Fox this morning in a deal that dramatically remakes the entertainment landscape and positions the media giant for the future.
The deal, officially valued at $66.1 billion including assumption of debt, will create an entertainment colossus that expands Disney’s footprint in every area. The agreement encompasses Fox’s prolific film and television studios, its FX and National Geographic cable networks… Read
Morgan Spurlock Confesses Indiscretions: “I Am Part Of The Problem”
With the growing storm cloud of sexual harassment allegations hovering over Hollywood, Academy Award-nominated documentarian Morgan Spurlock has come forward and posted revelatory essay saying that he is “part of the problem.”
Spurlock posted a link to the lengthy manifesto of sorts giving his thoughts on sexual harassment and how heroes have fallen for their indiscretions asking, “when will they come for me?”
He shared his own personal stories from his past including one… Read
Harvey Weinstein “Does Not Recall” Pressuring Salma Hayek To Do Sex Scenes In ‘Frida’
A spokesperson on behalf of Harvey Weinstein responded to Salma Hayek’s New York Times op-ed in which she detailed his inappropriate behavior and repeated sexual demands while making the 2002 Oscar-winning film Frida.
“Mr. Weinstein does not recall pressuring Salma to do a gratuitous sex scene with a female costar and he was not there for the filming,” said Weinstein’s spokesperson in a statement obtained by Deadline. “However, that was part of the story, as Frida Kahlo… Read
ABC Pulls ‘The Great American Baking Show’ & Axes Judge Johnny Iuzzini Amid Sexual Misconduct Allegations
ABC has fired The Great American Baking Show judge Johnny Iuzzini and axed the remaining episodes of his show amid sexual misconduct allegations.
“In light of allegations that recently came to our attention, ABC has ended its relationship with Johnny Iuzzini and will not be airing the remainder of The Great American Baking Show episodes,” an ABC spokesperson said in a statement. “ABC takes matters such as those described in the allegations very seriously and has come to… Read
Steve Reevis Dies: ‘Fargo’ & ‘Dances With Wolves’ Actor Was 55
Steve Reevis, an actor known for playing Shep Proudfoot in the Coen brothers’ Fargo and also appeared in the Best Picture Oscar winner Dances With Wolves, died unexpectedly on December 7 of unknown causes while at home on the Blackfeet reservation in Montana. He was 55.
Reevis is a member of the Blackfoot tribe and had his first role in film as a stunt rider in the 1987 film War Party. He went on to appear in many films including Geronimo, Last of the Dogmen, Twins, The Do… Read