Wednesday, March 20, 2019
DISNEY & FOX MERGE [AND WE’RE NOT EXCITED]
Before this article is fired up, we want you to know that this merger was predicted by Craig Brittain for Senate. This is not a plug for him or his candidacy, this is just a fact. A fact that makes you wonder just how sloppy one company can be for almost anyone to come along that takes a look at the two companies and can clearly put one and one together and come up with an answer of one (yes, we know that one and one quals two– that’s the irony here).
“Who in the world is Craig Brittain and why does his prediction matter?”, some of you are asking. Well, that’s a difficult question to answer, however, we’re going to answer it anyways. Craig Brittain is a man who is campaigning for Senate, and has been stuffed down by media outlets and certain political figures. Some of these names are CBS, CSIndy local news, Barack Obama, John McCain, his butt–buddy Jeff Flake and much, much more. We’re convinced that the list of people that DO NOT attack Brittain and his campaign is far smaller than the list that do. Craig’s been called a conspiracy theorist for exposing the Parkland Douglas false flag incident, and much more. He’s been subjected to so many incidents that are falsely calling the facts he discovers “conspiracy theories”, that what ends up happening to him is (politically motivated) flat–out harassment (smear campaigns). His prediction matters, simply because the ones whom are performing these “acts of hate” don’t want you to hear him out. In fact, anyone with half a brain’s opinion is that this is sickening to witness– to say the least. Below is what was said when asked how he came to the prediction he came to.
Craig R Brittain: When the first Disney Fox deal that was an exchange of assets happened I tweeted that Fox was moving left…. That was over a year ago. (On 12/14/17)
Now they have muslim producers, Donna Brazile and they suspended Judge Jeanine. People initially said “Fox won’t change, it is just movies” now they see it happening. Fox News is corrupted by Disney.
Did you see Black Panther? Do you think that it sucked? We’re you disappointed with all the build up only letting us down with a movie that wasn’t all that great to begin with? Do you think that the actual movie could have been much better? Well, we definitely agree.
It seems like the only great thing about Black Panther was the special effects and the make-up visuals (We all know thatit definitely wasn’t the acting, nor the script), and Marvel being bought out by Disney is the main reason that this happened. Disney eventually comes along and ruins everything. Just ask any old-school Myspace user, and they’ll quickly tell you just how bad MySpace got after Fox News Corporation bought the social networking pioneer out.
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Here’s an article from NYSlimes that details the buy out (notice how Fox is never mentioned outright?):
News Corporation Sells MySpace for $35 Million
BY BRIAN STELTER JUNE 29, 2011 2:31 PM
8:14 p.m. | Updated MySpace, the long-suffering Web site that the News Corporation bought six years ago for $580 million, was sold Wednesday to the advertising network Specific Media for roughly $35 million.
The News Corporation, which is controlled by Rupert Murdoch, had been trying since last winter to rid itself of the unprofitable unit, which was a casualty of changing tastes and may be a cautionary tale for social companies like Zynga and LinkedIn that are currently enjoying sky-high valuations.
Relief over the sale was palpable on Wednesday, and not just at the News Corporation. Wall Street “just wanted it done, because it’s been a real drag on growth,” said Michael Nathanson, a media sector analyst for Nomura Securities.
Terms of the deal were not disclosed, but the News Corporation said that it would retain a minority stake. Specific Media said it had brought on board the artist Justin Timberlake as a part owner and an active player in MySpace’s future, but said little else about how the site would change.
The sale closes a complex chapter in the history of the Internet and of the News Corporation, which was widely envied by other media companies when it acquired MySpace in 2005. At that time, MySpace was the world’s fastest-growing social network, with 20 million unique visitors each month in the United States. That figure soon soared to 70 million, but the network could not keep pace with Facebook, which overtook MySpace two years ago.
As users fled MySpace, so, too, did advertisers. The market research firm eMarketer estimates that the site will earn about $183 million in worldwide ad revenue this year, down from $605 million at its peak, when the site introduced many Web users and many advertisers to the concept of social networking.
“It’s a shame that MySpace’s value has diminished so severely since the acquisition; MySpace’s pioneering of social networking (now referred to as social media) will always be revered as igniting a new medium,” Richard Rosenblatt, the chairman of MySpace at the time of the sale to the News Corporation, said in an e-mail.
Instead of envy, the News Corporation’s bet on MySpace now provokes punch lines. Tom Freston, who was fired as the chief executive of Viacom in part for failing to buy MySpace, joked in an interview with CNBC earlier this year that “I’m still waiting for a thank-you note” from the Viacom chairman, Sumner M. Redstone.
Mr. Freston, who was in Iceland on Wednesday and said he was smiling at the news of an impending MySpace sale, declined to comment.
News Corporation executives declined interview requests on Wednesday.
It is not clear whether MySpace itself was profitable for the company. The division that houses MySpace and other digital properties has turned a profit only once in the last six years. An advertising deal with Google helped the company to recoup what it spent on MySpace in the first place, but the site became a burden on the company’s earnings; by last year executives were calling the losses unacceptable. Mr. Nathanson called the site a “headache.”
What doomed the site? Lee Brenner, the former director of MySpace’s Impact section who is now the publisher of HyperVocal, wrote in a blog post Tuesday, “I’m sure most employees (former or current) will argue that it was poor management, or a need to hit revenue targets once News Corp. took over, or a bottleneck in the technology department, or lack of resources given to their division, or a poor public relations effort, etc., that set the course of MySpace’s downfall.
“Any number of these could be true,” he continued. “I suppose we’ll never know for sure. It is most likely a combination of these factors, along with a ‘low attention span’ public. It probably didn’t help to be doing business, and trying to grow, along with all of these issues, in the midst of a global economic crisis.”
MySpace has tried to reboot itself several times, most recently as a social destination for music, movies and other media. It has not been abandoned altogether: it still has 35 million visitors a month in the United States, according to the measurement company comScore. Facebook has 157 million visitors a month in the United States.
“It’s still one of the biggest pockets of traffic on the Internet, for the price,” said a former MySpace executive who insisted on anonymity to maintain friendships and business relationships with the News Corporation.
Mr. Timberlake said in a statement about the sale that MySpace still had the potential to be the place on the Web where “fans can go to interact with their favorite entertainers, listen to music, watch videos, share and discover cool stuff and just connect.”
Many of the current and former MySpace users who reacted to Wednesday’s sale thought differently. Many compared MySpace to Friendster, a social network that was left for dead years ago.
In preparation for the change in ownership, many of MySpace’s roughly 400 employees were dismissed on Wednesday. Mike Jones, the Web site’s chief executive, said in an internal memorandum that he would depart in the next two months.
“Today should be a day,” Sean Percival, a vice president at MySpace, wrote on Twitter Wednesday morning, before the sale announcement.
He followed up later in the day, telling his online followers that Wednesday would be his last day at the company. Seemingly referring to the site’s rise and fall, he wrote: “It was a unique moment in time and an impossible problem to solve. Was proud to be a part of it.”
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Now here’s an article detailing Disney’s Fox buyout deal being officially finalized:
Disney And Fox’s Merger Is Officially Complete
BY DIRK LIBBEY 28 COMMENTS 16 HOURS AGO
RANDOM ARTICLE BLEND
Walt Disney Studios Logo
Back in November 2017 the first news leaked revealed the Walt Disney Company had been in talks with Fox to purchase the company’s film and cable television divisions. It was massive news from both a business and entertainment standpoint. Over the next few weeks, the potential merger seemed to become more and more likely. It was only a month later that the two sides came to agreement. A year after the deal was struck, the respective shareholders of the two companies approved the merger. Now it’s official. 21st Century Fox is part of the Walt Disney Company. Nothing will ever be the same again.
Officially, the ownership transition will happen at 12:02 a.m. eastern time on March 20th, but for all intents and purposes, the deal is done, according to a press release from 21st Century Fox.
There’s really no understating just how big a deal this is in the entertainment industry. A company that used to be one of the major film studios in the world, one of the “big six,” is now a subsidiary of another. Whatever your thoughts on Fox or Disney, there’s now less competition among the remaining film studios. That’s not necessarily a good thing. If nothing else, it’s a major change to the industry landscape that will surely have repercussions, some we may not even be able to predict.
On the content side, there certainly are some potentially good things on the horizon. Fox had the rights to make and distribute films about Marvel’s X-Men and Fantastic Four as part of a deal the company had made before being acquired by Disney. This deal will bring the rights back to Disney, setting up the opportunity to see all the characters become part of the popular Marvel Cinematic Universe franchise, which certainly has the potential to add new and interesting stories.
Fox also had a number of rights attached to the original Star Wars movie, which will now also revert to Disney, who acquired Lucasfilm back in 2012.
While the merger may be done expect for the ink drying, it will likely still be some time before we really begin to see it have an impact on the industry. Fox has numerous films in various states of production that will almost certainly continue forward and be released just as they would if 21st Century Fox was still an independent entity.
Of course, it’s also possible Disney could hit the ground running. We will likely see some changes to the release calendar, if only to see Fox and Disney films moved around the schedule so that they don’t compete with each other too much. There’s also the question of the two oft-delayed X-Men franchise films, Dark Phoenix and The New Mutants, it’s been suggested that one or both movies could end up being moved to a streaming service like Disney+ or Hulu. If something like that is in the cards, those announcements could come as early as tomorrow.
Tomorrow, everything changes. It’s the end of an era, as a company that’s been around since 1935 becomes part of the Disney machine.
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See, Disney really does come along and ruin everything. As far as I see it– Disney is too big to fail, Fox is beyond the literal definition of a sell–out, and this has got to be some form of Monopoly. My official opinion is that– right along with Apple, Disney is an industrial titan that is out for blood and ultimately wants to control every aspect of our day to day experiences. That does not settle well with me, and this should bother you as well. (Sorry for taking a “should” on you. No, no– I’m actually not sorry.)
With all of this said, you’ve actually got to wonder why Walt died (not how). You’ve got to also wonder if Disney is the hub for all of these crisis actors and fake mass shootings (which is completely dark for a family based company). Another thing you’ve got to wonder is why MySpace got bought out by Fox in the first place (covering their Foxy trafficking tracks?).
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I’m Chance Trahan, a well-rounded Business Coach, Certified Life Coach, Author, Coder, Designer, Independent Musician, Photographer, Videographer, Podcaster, Social Media Platform Owner, Voice Actor, Actor, Public Speaker and a United States Primary Candidate. I’ve received top-notch mentoring that spans across a wide-range of industries from some of the best influencers that you can possibly find. I've most recently become a Professional Streamer and a Live DJ. You can catch me on stream performing as DJ PVMA.
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