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Comcast Reportedly Has A Plan To Top Disney's Offer And Buy Fox
We've all been treating the Disney and FOX deal as if it's signed, sealed and delivered, but smashing together two companies of those sizes (with lots of subsidiaries) isn't an easy or timely process. Recent estimates by FOX CEO Peter Rice pointed toward Summer 2019 as a possible closing estimate, which leaves plenty of time for a company like Comcast to swoop in with a competing offer, which, apparently, is exactly what the cable giant is planning to do.
According to Reuters, Comcast is currently in talks with various investment banks with an eye toward freeing up $60B... in cash. The framework of the Disney deal involves a lot of stock, which one could sell for cash, of course, but there's just something about the allure of money that has a certain X-factor to it. Will that be enough to make FOX consider nixing the Mouse House and re-open bidding? At this point, it's unclear. I suspect it depends on whether or not the Comcast offer materializes, which is still an if at this point, primarily for one specific reason.
There has been a lot of chatter about whether two companies like FOX and Disney or FOX and Comcast joining forces would be a good thing for consumers. In fact, the United States Department of Justice was so unhappy when AT&T and Time Warner proposed a merger that its lawyers sued to stop it. That case has wound its way through the legal system, and a decision is expected in June. If the courts say no to that deal, the assumption is Comcast would back away from the all cash offer. Why waste time, energy and effort on something that's likely to get shot down? If the deal goes through, however, then sources close to the situation are saying the offer will almost certainly come.
The truth is it's hard to know, from a consumer perspective, which deal is better. Of course comic book fans want to see Fox and Disney (and by extension Marvel) mashed together in order to create crossover movies (even if it costs them a Deadpool joke in the process). And yes, we'd all like to see the X-Men or Fantastic Four in a future Avengers movie, but those properties are just a tiny piece of the puzzle. Which partner would actually be the better support to continue creating great content across the board is a matter of debate, and we'll probably never know the right answer since there's no way to A-B test these mergers.
With increased competition from streaming services like Netflix and an almost market-wide obsession with companies creating and owning their own content, there are arguably more players at the table than ever before. Whether it remains its own entity or not, here's to hoping FOX or its influence are responsible for decades more worth of incredible movies.
The latest rumors suggest Ewan McGregor will play Obi-Wan Kenobi again in Star Wars: Episode IX.For several years, speculation has held the Jedi Master would be the subject of his own spinoff movie, but recently doubt has been cast over that project.
Ewan McGregor to Return as Obi-Wan Kenobi in Star Wars 9?
Is 'The Greatest Showman' Going to Broadway After Box-Office Recovery? won a Grammy on Sunday for their hit Broadway show Dear Evan Hansen, and are up for the best original song Oscar for
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Ryan Reynolds has revealed the Deadpool 2 story he originally pitched to Fox, and it's even wilder than what ended up in the actual movie. After the huge success of Deadpool, which grossed $783 million at the worldwide box office, expectations were high for the 2018 sequel.
Ryan Reynolds Reveals His Wild Original Deadpool 2 Pitch
Arachnophobia is getting a remake Back in 1990, the film Arachnophobia earned good reviews, but took a hit for being a creepy film about spiders. The theory being that the last people who would pay to see a film about a fear of spiders were the people it was sort of aimed at.
James Wan Developing 'Arachnophobia' Remake at Amblin
Mowgli: Legend of the Jungle has now screened, so how does it stack up in the previous tellings, including Disney's, and what does it offer? For CinemaBlend's own Eric Eisenberg, Mowgli: Welcome to the Jungle stands out by being the much darker take that Andy Serkis promised, even if it doesn't completely work.
Mowgli: Legend of the Jungle's Ending Explained | ScreenRant
Fans hoping to see Terry Crews in The Expendables 4 will be disappointed.. The actor revealed Tuesday on Capitol Hill that he turned down a role in the fourth installment of the franchise after a producer demanded he drop an ongoing sexual harassment lawsuit or face "trouble."
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After Suicide Squad was released, Ayer revealed that the reason Joker's teeth were gone was because Batman smashed them in retaliation for his arch-nemesis killing Robin, but this presented a plot hole given Harley Quinn's relationship with The Joker. More than two years later, Ayer has attributed this inconsistency to the DCEU timeline
'Suicide Squad' Director Explains Plot Hole About Joker
One character that will definitely be back for both Avengers 4 and Guardians of the Galaxy Vol. 3 the year after is everyone's favorite metaphor-ignorant Guardian of the Galaxy, Drax the Destroyer
One Marvel Character Who Will Definitely Be Back For
To All The Boys I've Loved Before 2 is definitely happening, although that "worth the wait" comment makes me think it could be quite a while before the movie becomes available streaming. To All The Boys I've Loved Before was original a book written by Jenny Han .
A Sequel for 'To All the Boys I've Loved Before' Is
Speaking of connections with Atlantis, one of the things Aquaman adapted from the comics was the employment relationship between Manta and King Orm. In both comics and film, Black Manta acts as a kind of terrorist for hire, helping Orm stage attacks to make it look like the surface world has declared war on Atlantis.
First Look at Black Manta's Helmet in Aquaman - YouTube
The Jurassic World 3 Storyline Blew Chris Pratt Away: 'You
Kevin Hart's latest movie Night School sees the actor join a hilarious cast in a comedy about a group of misfits going to night school to earn their GEDs. Despite the premise and the comedic talent involved, however, critics haven't found much to laugh at in the film.
Outlander Season 4 Has Screened, Here's What People Think
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