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Disney-Fox deal is complete; CEO Bob
Iger´s big swing could change media industry

Los Angeles Times, by Meg James

Original Article

Posted By:JoniTx, 3/20/2019 6:14:52 AM

Walt Disney Co. Chief Executive Bob Iger has scaled the mountain. Through a series of sure-footed moves, Iger has worked tirelessly to position Disney as the world’s preeminent entertainment company. Now he is closer to realizing his vision as the Burbank giant late Tuesday finalized its $71.3-billion purchase of much of Rupert Murdoch’s 21st Century Fox. The acquisition is the boldest — and riskiest — of Iger’s 14-year stewardship of Disney. It’s the culmination of an expansionist strategy that has guided Iger as he has transformed the storied company through a series of takeovers that made Disney the home of


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Reply 1 - Posted by: oldbuffalo, 3/20/2019 7:39:06 AM     (No. 11936435)

So is Last Man Standing doomed to cancellation again?

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Reply 2 - Posted by: calamity kate, 3/20/2019 7:51:16 AM     (No. 11936444)

NOW the Jeanine Pirro decision makes total sense. The new puppetmasters are already pulling the strings.

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Reply 3 - Posted by: Jennie C., 3/20/2019 8:11:41 AM     (No. 11936471)

They already own ABC, how was this allowed?

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Reply 4 - Posted by: reefdiver, 3/20/2019 8:26:38 AM     (No. 11936499)

Great, "Micky Mouse" news joins "Fake News".

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Reply 5 - Posted by: Oldenoughtoknowbetter, 3/20/2019 8:29:43 AM     (No. 11936500)

It´s more like Goofy news.

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Reply 6 - Posted by: stablemoney, 3/20/2019 9:50:41 AM     (No. 11936660)

But I don´t want to watch the Disney´s monolithic view of the world. I have a different view, and prefer a different source, but now Disney owns it all.

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Reply 7 - Posted by: Chuzzles, 3/20/2019 10:26:36 AM     (No. 11936721)

Disney already means Leftist snowflake failure on an epic scale. They are a franchise destroyer with their PC garbage, and they are now going to have an even bigger venue to destroy more.

I sure do not recognize the current Disney at all. I remember when Disney meant actual family entertainment. Now it means PC propaganda attempts to brainwash young generations. I have a feeling that Last Man Standing is indeed being eyed for the chopping block. Sorry Tim, because you sure do put on a great show.

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Reply 8 - Posted by: curious1, 3/20/2019 10:33:54 AM     (No. 11936735)

I seem to remember Murdoc bought into Fox for about 250 million, back in the day? Pretty good return on investment, if you ask me.

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Reply 9 - Posted by: dvc, 3/20/2019 10:38:02 AM     (No. 11936741)

Looks like Fox is done. Sad.

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Reply 10 - Posted by: Lucky5, 3/20/2019 11:18:25 AM     (No. 11936816)

Disney is the leader of lgb123 what are we shows, and full on agenda. Some actual true conservatives need to buy some media outlets and represent conservative America.

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Reply 11 - Posted by: Smart11344, 3/20/2019 12:14:21 PM     (No. 11936870)

The Disney empire died with Walt many decades ago.

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Reply 12 - Posted by: Sunhan65, 3/20/2019 12:18:58 PM     (No. 11936876)

The article misses a couple of things. Marvel Studios is the single most consistently profitable film company in the world today. The movies actually produced by Marvel Studios itself, as opposed to characters licensed out to other studios, have all been high quality and well worth watching ever since the first Iron Man.

So much so that Sony, which owns the rights to Spider-Man films, licensed the character back to Marvel Studios to make "Spider-Man: Homecoming," which also became a critical and financial success. Reacquiring characters like the X-Men as part of the Fox merger, will likely reinvigorate that moribund franchise while reintegrating it into the wider so-called Marvel Comicbook Universe.

In other words, Marvel Studios adds value to anything they touch. In acquiring Fox Studios, Disney/Marvel also reaquired The Fantastic Four, who are not mentioned in the article. After three abysmally bad Fox films, the franchise has been deemed essentially worthless. It was an ignoble end to characters who launched comic book´s Silver Age and were once known as The World´s Greatest Comic Book.

I´m betting Marvel makes a billion dollar movie out of The Fantastic Four.

P.S. Avengers: Infinity Wars was an extraordinary movie. In the last shot of the film, everything has been lost except a desperate cry for help represented by a symbol on a pager. Had that symbol been the insignia of The Fantastic Four, fans would have had to be carried out of the theater.

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Reply 13 - Posted by: Pete Stone, 3/20/2019 12:23:48 PM     (No. 11936883)

Disney isn´t getting Fox News; Fox News is being spun off as its own company (Profile). Dizzy is getting the entertainment side of Fox.

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Reply 14 - Posted by: anniebc, 3/20/2019 12:26:59 PM     (No. 11936888)

Yes, Dumbo is back.

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Reply 15 - Posted by: earlybird, 3/20/2019 12:28:10 PM     (No. 11936889)

The Murdochs retained a number of Fox entities, including Fox News, Fox Business News, Fox Sports and others. They primarily sold their entertainment properties.

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Reply 16 - Posted by: earlybird, 3/20/2019 12:35:06 PM     (No. 11936893)

This is a very comprehensive article. Those who are speculating about what would happen to this or that would do well to read the article. They will find many answers there.

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Reply 17 - Posted by: faldo, 3/20/2019 1:00:24 PM     (No. 11936915)

I´ve noticed a peculiar trend with articles centered on either Rupert Murdoch or Bob Iger---they always come from one exclusive source and no one else is allowed to enter the narrative they craft so carefully.

With Rupert, it´s always CNBC online articles; no one else can do the same story even if the information exists in the public record. With Iger and the Disney/Fox deal, the LATimes is the exclusive story teller and narrative engraver.

How sad it has all become when powerful men feel they can CREATE the truth so easily and without consequence.

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Reply 18 - Posted by: earlybird, 3/20/2019 1:29:12 PM     (No. 11936951)

Does #17 know that other news outlets cannot write on those two subjects or are those two outlets the ones that write the most detailed coverage?

Fox and Disney are Los Angeles businesses, founded there many decades ago. They are part of Los Angeles’s “company town” …

The Los Angeles Times wasn’t always a bastion of the liberals, but it continues to have its own reporters rather than relying on syndicated content and wire service reports, or the regurgitation - with commas moved around - of reports by other outlets.

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Reply 19 - Posted by: faldo, 3/20/2019 8:37:16 PM     (No. 11937315)

#18, The question begs to be asked...Are Rupert and his entourage of corporate attorneys, CONTROL FREAKS...?

Don´t get caught up in the left-right, conservative-liberal paradigm...I was there several years ago, until I discovered ´Paseur´ the Baby Prince who escaped France/England and set stake in North Carolina. Offshoots of Paseur are agent families like Rockefeller.

Why am I the only guy laying a finger on these corrupt movers and ´shapers´...!

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