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Posted: |
Dec 18, 2017 - 1:51 PM
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By: |
Mr. Popular
(Member)
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First of all, this merger still needs to be approved by the US Justice Department. Your joking right? Secondly, a new owner has to honor existing signed contracts made by a previous owner. Third, and perhaps most importantly, there is no answer, because of all the moving parts in this $52 billion deal, which involves television networks, intellectual property, sports rights, streaming services, etc., certainly nobody has bothered to make decisions about their archival score soundtracks, which bring in a few thousand dollars a year. Bob Iger will not be calling this shot (though there certainly could be a general freeze on this sort of thing until everything shakes out). Disney purchased Lucas Film, Marvel, Pixar, Muppets, (gawd knows what else) but haven't they kept each entity more or less "intact"? So I imagine Fox music would still be released on the Fox label. And I don't think by default it becomes Intrada's soul territory. Well, Disney has it's own set of labels and that could make tiny Fox Music redundant in a corporate scheme. And yes, in any major merger that can affect an industry the justice department always looks at a deal to make sure it's not creating unfair competition. Having said that and with the shifting of the studios financing to what are called film funds and other investment companies, doubt this is viewed as anti-trust in any way shape or form. Theres lot of reasons FOX will stay intact as it's own entity. Number one is public image. The remaining mega companies don't want to remind the population they own these huge monopolies. Did you know most eye glass companies are owned by one foreign entity? That's why prices are so astronomically high. Furthermore the Justice Department isn't going to consider a damn thing. Big corp runs the country, the government does their bidding. It will be rubber stamped. Did I not say that Fox would most likely be it's own entity in Disney's corporate universe? Yes, I did. Seems a sure bet. As for the Justice Dept, big corps may "run" the country but have you seen what is happening with the AT&T/Time Warner merger. Never say never when it comes to demands justice could make in ANY deal. Regardless, I don't see this one being scrutinized. See, I was at Sony Music when there was a merger. I saw what happened to many departments as companies were absorbed. Things get streamlined. Fox Films will have a place but the music dept could just be absorbed into Disney's successful and well managed music dept.
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