It's Official: Disney has bought Fox Thursday 14th December 2017Its now official Walt Disney Company has purchased key parts of 21st Century Fox including the 20th Century Fox movie studio and the 20th Century Fox Television production company, along with media assets like Fox Searchlight, Fox 2000, FX Networks, FX Productions, National Geographic Partners, Fox21, Fox Regional Sports Networks, and Foxs stake in Hulu, Star India, Endemol Shine Group and Sky.
Not included in the deal due to anti-trust restrictions are Fox News, the FOX broadcast network, or Fox Sports, which all remain a part of the Fox empire. Thos will be separated and maintained under a newly listed company that will be spun off to its shareholders.
Disney now has its hands on Foxs key franchises including X-Men, Alien, Predator, Avatar, Die Hard, Planet of the Apes, Kingsman and Fantastic Four (which is listed in the press release). Disney now also controls the full rights to all Star Wars films with the previously Fox-owned 1977 original likely to go back to Disneys Lucasfilm meaning theatrical re-releases and a potential home video version of the original theatrical cut.
Disneys upcoming streaming service will also benefit with the addition of a ton of Fox content. The entire deal was done for approximately $52.4 billion in stock along with Disney also assuming approximately $13.7 billion of net debt for a total transaction value of approximately $66.1 billion.
At the request of both 21st Century Fox and the Disney Board of Directors, Mr. Iger has agreed to continue as Chairman and Chief Executive Officer of The Walt Disney Company through the end of calendar year 2021.
The Boards of Directors of Disney and 21st Century Fox have approved the transaction, which is subject to shareholder approval by 21st Century Fox and Disney shareholders, clearance under the Hart-Scott-Rodino Antitrust Improvements Act, a number of other non-United States merger and other regulatory reviews, and other customary closing conditions.
Source: Walt Disney Pictures
Star Wars: Episode IX Delayed To Dec 2019 Wednesday 13th September 2017In the wake of this mornings announcement that J.J. Abrams will be taking over for Colin Trevorrow as director of Star Wars: Episode IX, it comes as little surprise that the film has been officially delayed.
Previously set for a May 24th 2019 release date, the film will now open on December 20th 2019. Disney is moving in Guy Ritchies live-action Aladdin to take the vacated May 24th slot.
Episode IX, taking the December berth that has become the norm for Star Wars films in recent years, is now scheduled to open up against the long in-development Wicked film and just one week after Wonder Woman 2.
Abrams will direct the film and co-write the script with Chris Terrio (Justice League, Argo) with Kathleen Kennedy, Michelle Rejwan, Abrams, Bad Robot, and Lucasfilm producing.
Source: Disney Pictures
Trevorrow Wont Direct Star Wars: Episode IX Wednesday 6th September 2017In a brief statement just released on the official Star Wars website, it has been revealed that Colin Trevorrow is out as director of the next Star Wars saga film at Lucasfilm and Disney Pictures.
The statement, just posted on StarWars.com, reads as follows:
Lucasfilm and Colin Trevorrow have mutually chosen to part ways on Star Wars: Episode IX. Colin has been a wonderful collaborator throughout the development process but we have all come to the conclusion that our visions for the project differ. We wish Colin the best and will be sharing more information about the film soon.
Trevorrows hiring was always contentious with the fanbase in the wake of Jurassic World which proved popular at the box-office, but was met with mixed reaction. Trevorrows recent The Book of Henry scored outright pans.
Sources for Heat Vision say script issues have continued to be a sore spot with the development of the film despite Trevorrow doing multiple drafts.
Last month acclaimed British scribe Jack Thorne was hired to take over the script. This follows on from the June firing of Phil Lord and Chris Miller from the Han Solo standalone film, the pair later replaced by Ron Howard who is finishing the production in London right now.
At last report the film is targeting a May 24th 2019 release.
Last Jedi Vehicles & Han Solo Title Leak? Thursday 24th August 2017A look at two of the new vehicles used by the First Order in Rian Johnsons upcoming Star Wars: The Last Jedi have been revealed via Star Wars Show today.
One is the Dreadnought, a 7.6km-long mandatory four class warship and has two enormous orbital auto cannons which can be used for larger-scale bombardments, along with 24 point defense anti-aircraft cannons.
The other is AT-M6, the All Terrain Megacalibur Six a mobile heavy artillery walker thats a lot bigger than a standard AT-AT, and has movement more akin to a simian as opposed to the more elephant-like gait of the original AT-ATs. Check them out in the video:
The vehicle reveals come as more Star Wars licensed merchandise, specifically toy line catalog material for the upcoming Han Solo spin-off film, appears to have leaked that movies title Han Solo: A Star Wars Story. Whether its just a placeholder name though is unclear.
Goldsman Tackling Rainbow Six For Paramount Wednesday 12th July 2017Akiva Goldsman and his Weed Road production company banner have reportedly signed a two-year first-look deal at Paramount Pictures after many years spent at Warner Bros. Pictures.
As part of the new deal, Goldsman will produce the long in the works film adaptation of the Tom Clancy bestseller Rainbow Six which Josh Appelbaum and Corin Nemec are adapting. He will also develop a film adaptation of the Ologies series of fanatasy books.
Goldsman shares producing and screenwriting credit for next months The Dark Tower, has a story credit on Transformers: The Last Knight, penned the script for Rings earlier this year, produced King Arthur: Legend of the Sword, and is an executive producer on the pilot for both Star Trek: Discovery and the Bumblebee movie.
Monday 10th July 2017
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