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Bob Iger Explains Why Disney Ultimately Decided To Buy Fox
The entertainment world was in awe when it was revealed that the Walt Disney Company had been in talks to purchase 21st Century Fox from Rupert Murdoch's Fox Corporation. The awe turned to shock when the deal was done and Disney spent $71 billion to purchase the film studio and cable channels from the media company. The deal has changed the media landscape forever, but Bob Iger admits it likely would not have happened if the media landscape were not already changing, as the decision to buy Fox was entirely because of Disney's plans to launch its own streaming service.
Last week the Walt Disney Company held a grand unveiling event to show the public Disney+, the new streaming service that is set to launch in November. Included in the service will be content from National Geographic as well as many other Fox properties like The Simpsons. All this content will certainly make Disney+ a more attractive service and Disney CEO Bob Iger admits that the content was the reason Disney bought Fox. According to Iger...
We would not have done that transaction had we not decided to go in this direction. Because if we hadnt, we would have been looking at that business and through a traditional lens: Oh, were buying TV channels. Were buying more movie-making capability, et cetera.
While buying more TV channels and movie making capability certainly has its benefit, it's not like Disney is a company in need of such things. The company's movie making arm is basically making all the money these days thanks to Marvel and Star Wars and almost every other film the studio releases. Making more money from other avenues would certainly be important, but it would take a long time for those avenues to make back the $71 billion purchase price.
However, when you add in that all of that content from those cable channels and movies will also be appearing on the new Disney+ streaming service and potentially attracting new viewers, the price begins to be paid back that much faster with every new subscription to the service. Iger tells CNBC "the light bulb went off" when it came to realizing what the Fox library could mean to the service.
When Disney revealed new Disney+ details last week National Geographic was given as prominent a place as Pixar when it came to announcing what would be available for the service. In fact, one of the original shows being produced for the service by National Geographic will follow those that take care of animals at the Disney theme parks, marking one of the first direct collaborations between Disney and a former Fox property since the acquisition.
Content is king in the streaming game and so the more Disney+ has to offer, the more subscribers it will be able to entice. The $6.99 per month price point won't hurt either.
Initially, Carol was hesitant to take on the title of Captain, and was still going by Ms. Marvel, hence the red sash around her waist. It took goading from Captain America for her to finally accept being the new Captain Marvel since Mar-Vell died saving the Kree from the power of the Phoenix Force.
Westworld star Evan Rachel Wood turned down the opportunity to appear in Mean Girls, but she had a good reason for doing so. Subscribe To Why Westworld's Evan Rachel Wood Turned Down A Role In
Why Westworld's Evan Rachel Wood Turned Down A Role In Mean Girls
Sigourney Weaver Confirms 'Ghostbusters' Return Alongside Original Cast Collider.com Sigourney Weaver Confirms Original Stars Returning For Ghostbusters 3 Screen Rant Sigourney Weavers Says She And 2 More Original Stars Are Returning For Ghostbusters 3 Cinema Blend
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Robert Downey Jr. and Chris Evans on the Marvel Studios Process in 'Avengers: Endgame - The Official Movie Special' . Check out Marvel's latest news, articles, and press on Marvel.com!
See Anthony Mackie As The New Captain America, Replacing
Of course, with Paul Walker gone, that meant that digital effects would be necessary so that the movie could create his likeness for the very scenes that would be used to say farewell. Digital effects artist Martin Hill worked on creating the sequence, and he's quite proud of what the team at WETA was able to accomplish.
Furious 7 Visual Effects Artist Is 'Really Proud' Of Paul
Barbra Streisand is a big fan of Lady Gaga's remake of A Star Is Born.. The 75-year-old legend was asked her opinion on the project while being honored for her icon status at PaleyFest at the
The Goosebumps Sequel Just Landed An It Star In 2015, a classic horror series got rebooted when Goosebumps debuted on the big screen. Now the franchise is looking to return later this year, and it is assembling an entirely new cast to bring its classic, kid-friendly monsters to life.
Goosebumps - Wikipedia
Jan 28, 2019 · See the wild first photo of Margot Robbie's bad girl Harley Quinn in 'Birds of Prey' Margot Robbie made a splash as Gotham City bad girl Harley Quinn in 'Suicide Squad' and her wild style's back
EXCLUSIVE: Lady Gaga Offered Multiple Roles & Increased Pay
Stan Lee's first (but not last) posthumous cameo in a comic book movie came in a touching scene with Miles Morales in December's spectacular Spider-Man: Into the Spider-Verse. But we've heard that scene is not the only time the comic book legend shows up in the film, and finding him will be a challenge for eagle-eyed fans.
Stan Lee's Second Into The Spider-Verse Cameo Has Been
"Toy Story 4" will come to theaters on June 21, 2019, here's everything we know about the movie so far.
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Jamie Lee Curtis Reveals How She's Stayed A Scream Queen For So Long Home 2018 November 2 Jamie Lee Curtis Reveals How She's Stayed A Scream Queen For So Long feel free to call us +646-389-3981 info@mmnofa.com
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Powerful, Thought Provoking and Honest The Hate U Give is the film adaptation of the best-selling youth novel of all time by Angie Thomas. A black teenager, torn between two worlds, attends a senseless act of violence.
Official Poster for The Hate U Give Movie Released
Ready Player One sets a new record for movie Easter Eggs and cameos, and our list is the only guide you need.Those who read the book upon which the film is based knew ahead of time that it would re-define pop culture references and homages for movie fans - assuming the makers of Ready Player One could get the rights to the characters and franchises referenced.
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