Depending on who you ask, the deal could be worth $40-60 billion. That would include 20th Century Fox, Hulu, Sky, FX and NatGeo all going to Disney. Murdoch would keeps sports and Fox News. As everyone is trying to get bigger, this would be a boon to Disney as they try and launch a standalone streaming service. But it would be bad for independent cinema--Fox Searchlight is one of the few indie arms left at a major studio and it's unclear whether Disney would maintain it. A merger would also be rough for animators -- there are few animation jobs left in Hollywood, and there'd be no need to hang on to any of the animators at Fox when Disney already has a robust animation studio.
FROM THIS EPISODE
More From Hollywood Breakdown
Looking ahead to the AT&T-Time Warner merger decision A decision is expected on June 12 as to whether AT&T will be allowed to buy Time Warner. The Justice Department sued to blocked the merger, supposedly on the basis of antitrust laws, but many speculate more political motivations because Trump is no fan of CNN, which is owned by Time Warner.
LATEST BLOG POSTS
The battle over water in Santa Barbara’s high desert Cuyama is one of 21 critically overdrafted groundwater basins in the state. Now, the community must come together and figure out a way forward before there’s nothing left. Read More
Snap is leaving Venice, but its imprint remains Social media giant Snap Inc. is moving out of Venice, the city that presided over its now $3 billion success story. The news comes as a relief to many in… Read More