“Disney had been a mere behemoth,” observes the New York Times. At 12:02am Wednesday, it became something greater, a Goliath among Davids. That’s thanks to the closing of its $71.3 billion acquisition of 21st Century Fox properties, transforming Disney into an entertainment company of unprecedented size. To give some perspective: The Wall Street Journal reports the combined Disney/Fox box office market share for 2018 was 35%. The six things you need to know:
- Now under its umbrella (besides its theme parks): ESPN and studios like Marvel, Pixar, and Lucasfilm; plus the addition of the 20th Century Fox studio (which claims everything from the X-Men, Alien, and Simpsons franchises to This Is Us and Modern Family); Blue Sky, the animation studio behind Ice Age; the National Geographic and FX cable networks; and Fox’s 30% slice of Hulu, giving Disney a controlling 60% stake, reports NPR.
- The size of the acquisition: It’s the biggest ever for the 96-year-old Disney, far outpacing the $19 billion buy of Capital Cities/ABC in 1995 that got it ESPN; in today’s dollars, that was a $32 billion deal.
Why do I feel like I want to break out into a loud chorus of MICKEY MOUSE! The Disneyfication of America continues and we’re all a little bit more stupid for it.
Fox News is also done: Murdoch’s idiot son hires that POS paul ryan for the board of directors.
Don’t worry, guys. Eventually, it all becomes Carl’s Jr.
Just another type of Globalization and one world/one television.
Enjoy “Last Man Standing” while you can. Hope it survives the rabid leftward Disney monstrosity.
Everything you think, do and say
Is in the pill you took today.
Disney needs to be destroyed.
Behemoth.
Gargantua.
Leviathan.
Joseph Goebbels is in Hell laughing his ass off.
Disney is THE major purveyor of kiddy-porn and perversion on the Planet.
“That which we tolerate …” oh what’s the fukkin use?
izlamo delenda est …
The Magic Illuminati Kingdom
@ James March 21, 2019 at 9:16 am
> Disney needs to be destroyed.
Disney is an extension of, created by, and existing only through the ongoing desire of, the government. It is as difficult to undo as a bill eliminating parking meters. Of course, that means it is as likely to be undone as a bill eliminating parking meters. So, never… oh, that’s right… THIS GOV SUCKS