Breaking Disney has acquired 21st Century Fox’s film and TV studios in a landmark deal

[Zaxotes]

Something like this will happen, Disney | Star Television Group

 

[Basil]

Disney's $52.4 billion deal to acquire a significant portion of 21st Century Fox has earned the blessing of President Trump, though he reportedly first needed to be assured that Fox News wouldn't change hands.

White House press secretary Sarah Sanders said Thursday that Trump had spoken with Rupert Murdoch, the billionaire patriarch of the Fox empire, to congratulate him on the sale.

White House confirms: Trump talked to Murdoch about Disney deal

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Even as social media platforms were abuzz all week with the 'media deal of the century', all eyes are focused on Fox's extensive India arm—Star India Pvt Ltd—which is being seen as the "sweetener in the deal". Significantly, the businesses of Fox in India, parked under Star TV, will account for at least one-fourth of the valuation Disney is paying for the game-changing acquisition. The market leader in Indian entertainment and sports assetsis valuedbetween $14billion and $16 billion.

"Back-of-the-envelope calculations based on comparables may value Star Entertainment India's business itself at $14-15 billion based on $500 million ebitda in the current fiscal," said Sanjay Jain, director, Taj Capital, a New Delhi-based investment advisory. This does not include Star's 30% stake in Tata Sky and 51% in Endemol. "And along with it comes Hotstar and IPL cricket rights," added Jain.

"It (Star) is actually more than just a sweetener. The number of references that Bob Iger (Disney chairman and CEO) madeon Fox's India market share is significant," an industry analyst said.

India is star attraction for Disney in $52 bn Fox deal - Times of India

 

[Digital Mastermind]

If Disney is successful in taking over sky, then Tata sky joint venture would have to be redone.

I mean the JV is between TATA and 21st century Fox, so if Disney buys the 30% stake of Fox, will the JV continue or JV will be made again ?

Sky would remain sky so no doubt in that.

 

[abhishek]

 

[Digital Mastermind]

Ok. So that means the JV will automatically continue and Disney will be the 30% share holder in TS.

 

[Riddhiman]

I dont know this is the reason or not, but since earlier some month Disney's popular some animated film like Jungle Book, Finding Dory etc special Bengali Dubbed Version telecasted Star Jalsha and Jalsha Movies.

 

[avipersistent]

Disney set to take driver’s seat in India with the addition of Star, Tata Sky

MUMBAI: After previous unsuccessful attempts to bolster its presence in India, The Walt Disney Company has finally struck gold in one of the world’s fastest-growing media & entertainment (M&E) markets with the addition of broadcast major Star India and India’s second largest direct to home (DTH) platform Tata Sky courtesy its acquisition of a large part of Rupert Murdoch-led 21st Century Fox. In a stock deal valued at $52.4 billion, Disney has acquired a major chunk of Rupert Murdoch’s entertainment empire comprising Twentieth Century Fox, Twentieth Century Fox Television, FX Productions, FX Networks, National Geographic Partners, Fox Sports Regional Networks, Fox Networks Group International, Star India and Fox’s interests in Hulu, Sky, Tata Sky and Endemol Shine Group. The combination of The Walt Disney Company and most of 21st Century Fox will not just change the dynamics in the US and Europe it will also bring Disney in the driver’s seat in India in one fell swoop. Star with its highly profitable Hindi and regional entertainment business coupled with soon to break-even sports business and the fast-growing digital business comprising Hotstar will add muscle to Disney in the Indian market. Add to that a large distribution platform like Tata Sky although the company will get own only 30% stake in this company. On its own, Disney has been a mid-scale player in the Indian market despite the big bang acquisition of Ronnie Screwvala’s UTV Communications for Rs 2,000 crore. It had earlier acquired kids channel Hungama TV from UTV.

Read more at: http://www.televisionpost.com/television/disney-set-to-take-drivers-seat-in-india-with-the-addition-of-star-tata-sky/ | TelevisionPost.com

Having acquired Star in the global deal, Disney would look to launch ESPN as a full-fledged sports network in India to add power to the already strong Star Sports network. Sports will be one of the major areas where Disney will try to exploit synergies with Star.

Read more at: http://www.televisionpost.com/television/disney-set-to-take-drivers-seat-in-india-with-the-addition-of-star-tata-sky/ | TelevisionPost.com

 

[Sai Jai]

Disney set to take driver’s seat in India with the addition of Star, Tata Sky

MUMBAI: After previous unsuccessful attempts to bolster its presence in India, The Walt Disney Company has finally struck gold in one of the world’s fastest-growing media & entertainment (M&E) markets with the addition of broadcast major Star India and India’s second largest direct to home (DTH) platform Tata Sky courtesy its acquisition of a large part of Rupert Murdoch-led 21st Century Fox. In a stock deal valued at $52.4 billion, Disney has acquired a major chunk of Rupert Murdoch’s entertainment empire comprising Twentieth Century Fox, Twentieth Century Fox Television, FX Productions, FX Networks, National Geographic Partners, Fox Sports Regional Networks, Fox Networks Group International, Star India and Fox’s interests in Hulu, Sky, Tata Sky and Endemol Shine Group. The combination of The Walt Disney Company and most of 21st Century Fox will not just change the dynamics in the US and Europe it will also bring Disney in the driver’s seat in India in one fell swoop. Star with its highly profitable Hindi and regional entertainment business coupled with soon to break-even sports business and the fast-growing digital business comprising Hotstar will add muscle to Disney in the Indian market. Add to that a large distribution platform like Tata Sky although the company will get own only 30% stake in this company. On its own, Disney has been a mid-scale player in the Indian market despite the big bang acquisition of Ronnie Screwvala’s UTV Communications for Rs 2,000 crore. It had earlier acquired kids channel Hungama TV from UTV.

Read more at: http://www.televisionpost.com/television/disney-set-to-take-drivers-seat-in-india-with-the-addition-of-star-tata-sky/ | TelevisionPost.com

Having acquired Star in the global deal, Disney would look to launch ESPN as a full-fledged sports network in India to add power to the already strong Star Sports network. Sports will be one of the major areas where Disney will try to exploit synergies with Star.

Read more at: http://www.televisionpost.com/television/disney-set-to-take-drivers-seat-in-india-with-the-addition-of-star-tata-sky/ | TelevisionPost.com

Sony ESPN likely to be sony Six 2 or sony ten 4

 

[Raja]

To clarify all

Disney can't JV with Sony anymore,though espn has already JV with SPN for some sports event.

Here after all stars content is only and exclusively available to Disney including IPL. Sony espn will not have anything in bearing in it.

In future most probably ESPN will be parted away from SPN sooner rather than latter. They made JV to bring espn exclusive shows including espnfc, American school sports, other special events in India and as well as showing their strong presence in India.

Now ESPN owned by Disney is truly and genuinely have their own presence in India. They will play their own role in distinction and content. Sooner aur later they will parted away from SPN and until they will Play some contents.

The big news is that Disney sports channels known as ESPN 1,espn 3, espn 2 will be launched separately or rebranded with star sports channels.

Can't wait to see Sports center in India.

 

[Zaxotes]

I feel that the Star Sports brand will stay and 'Star Sports Select' channels will rebrand to ESPN.