Darth Lehnsherr Posted March 21, 2019 Share Posted March 21, 2019 Not too surprisingly unfortunately. Disney isn't in the mid budget movie business which is why I still think they'll probably keep Searchlight cause that's more for indies. Hopefully they somehow just do "FOX 2000" type films under the main 20th Century Fox banner but that seems unlikely. Link to comment Share on other sites More sharing options...
Hades Posted March 21, 2019 Share Posted March 21, 2019 5 minutes ago, Darth Lehnsherr said: Not too surprisingly unfortunately. Disney isn't in the mid budget movie business which is why I still think they'll probably keep Searchlight cause that's more for indies. Hopefully they somehow just do "FOX 2000" type films under the main 20th Century Fox banner but that seems unlikely. Still think they will keep Searchlight...... Link to comment Share on other sites More sharing options...
Barnack Posted March 21, 2019 Share Posted March 21, 2019 1 minute ago, Hades said: Still think they will keep Searchlight...... Way less redundant imo and more probable. Link to comment Share on other sites More sharing options...
JB33 Posted March 21, 2019 Share Posted March 21, 2019 Shitty move by Disney, indeed, but this is still ultimately on Fox for throwing in the towel and selling out. How do you whiners know that Comcast wouldn't have done the exact same thing? Link to comment Share on other sites More sharing options...
Darth Lehnsherr Posted March 21, 2019 Share Posted March 21, 2019 4 minutes ago, Hades said: Still think they will keep Searchlight...... https://www.hollywoodreporter.com/news/elizabeth-gablers-fox-2000-shutter-disney-reorganization-1196298 Quote But with the acquisition, Disney is doubling the number of film labels it juggles, and once it decided to keep 20th Century Fox and the specialty film unit Fox Searchlight, there apparently was no room for Fox 2000. Things can change but it's more likely they keep Searchlight than shutter it. Think Disney wants to get back into the prestige business. Link to comment Share on other sites More sharing options...
raulbalarezo Posted March 22, 2019 Share Posted March 22, 2019 Link to comment Share on other sites More sharing options...
That One Girl Posted March 22, 2019 Share Posted March 22, 2019 Awful. Searchlight is safe for now but I wouldn't be surprised if it goes the way of Touchstone about 20 years from now. Link to comment Share on other sites More sharing options...
MrGlass2 Posted March 22, 2019 Share Posted March 22, 2019 2 minutes ago, That One Guy said: Awful. Searchlight is safe for now but I wouldn't be surprised if it goes the way of Touchstone about 20 years from now. You mean 2 years from now. 1 1 1 Link to comment Share on other sites More sharing options...
The Futurist Posted March 22, 2019 Share Posted March 22, 2019 Stop sobbing Edgar and rejoice. Bezos will sava all of you filmmakers. Link to comment Share on other sites More sharing options...
lorddemaxus Posted March 22, 2019 Share Posted March 22, 2019 3 hours ago, That One Guy said: Awful. Searchlight is safe for now but I wouldn't be surprised if it goes the way of Touchstone about 20 years from now. Or Miramax which I think suffered worse from Disney's management once Weinstein left. Link to comment Share on other sites More sharing options...
AndyK Posted March 22, 2019 Share Posted March 22, 2019 Are these studios profitable though? Fox sold for a reason, I would guess some rationalisation was inevitable. Still, if they made a promise, they should keep it. Link to comment Share on other sites More sharing options...
Darth Lehnsherr Posted March 22, 2019 Share Posted March 22, 2019 6 hours ago, raulbalarezo said: Not even for the milking of existing universes it was drive to boost up Disney+. I doubt any franchises continue under Disney other than Avatar and Deadpool (X-Men and Fantastic Four don't count being folded into the MCU). Link to comment Share on other sites More sharing options...
TomCruiseTop Posted March 22, 2019 Share Posted March 22, 2019 Anyone not making bank better start sweating. The Mouse is in town. God, I love Disney already. Link to comment Share on other sites More sharing options...
terrestrial Posted March 22, 2019 Share Posted March 22, 2019 I am reposting this here, .... there are already 2 threads about it in Speakeasy Quote Out of ~ 215.000 people working for Disney / VOX ww, ~ 4.000 are expected to get laid off, mostly redundant positions, like in distribution. Thas would be actually less than I expected layoffs: Quote 20th Century Fox domestic distribution president Chris Aronson; international distribution head Andrew Cripps; consumer products chief Jim Fielding; EVP Corporate Communications Dan Berger; Heather Phillips, EVP and head of domestic publicity; Mike Dunn, president of product strategy and consumer business development; Bob Cohen, EVP Legal Affairs and EVP Fox Stage Productions; and Michelle Marks, SVP Media Promotions. actual heads of.... reporting to Horn: Quote · 20th Cent Fox will continue to be led by Vice Chairman, 20th Cent Fox Film, and President, Production, 20th Cent Fox, Emma Watts. · Fox Family will continue to be led by President Vanessa Morrison, reporting directly to Watts. · Fox Searchlight Pictures will continue to be led by Chairmen Nancy Utley and Stephen Gilula. · Fox 2000 will continue to be led by President of Production Elizabeth Gabler, overseeing the completion of the current slate. · Fox Animation (including Blue Sky Studios) will continue to be led by Co-Presidents Andrea Miloro and Robert Baird. · Walt Disney Animation Studios will continue to be led by Chief Creative Officer Jennifer Lee. · Walt Disney Studios Motion Picture Production (Disney live action) will continue to be led by President Sean Bailey. · Pixar Animation Studios will continue to be led by Chief Creative Officer Pete Docter. · Marvel Studios will continue to be led by President Kevin Feige and Co-President Louis D’Esposito. · Lucasfilm will continue to be led by President Kathleen Kennedy. · Disney Music Group will continue to be led by President Ken Bunt. · Disney Theatrical Group will continue to be led by President & Producer Thomas Schumacher. · Walt Disney Studios Communications will be led by Senior Vice President Paul Roeder. · Walt Disney Studios Human Resources will be led by Senior Vice President Carolyn Wilson. So, one earlier news detail was wrongly worded or a click-bait, or premature..., Elizabeth Galer did not get a 'slip', but the announcement FOX 2000 wont continue lafter their actual movies are finished. But there is still no word what will happen with her nor the staff at FOX 2000 after that. = all is possible, from closing down and fire them all,.... up to to get complete included into something existing/reformed/newly created.... at Disney. Or something in between, a mix. For now, in my POV, its only clear there will be no FOX 2000 as a name and separate entity anymore. actual heads of.... reporting to Bergman: Quote · Walt Disney Studios Marketing will be led by President Asad Ayaz. · Walt Disney Studios Distribution, Franchise Management, and Business & Audience Insights will be led by President Cathleen Taff. · Walt Disney Studios Operations will be led by President Jeff Miller. · Walt Disney Studios Business Affairs will be led by Executive Vice President Bernardine Brandis. · Steve Bardwil will lead Walt Disney Studios Legal Affairs as Chief Counsel. · Paul Shurgot will lead Walt Disney Studios Finance as Executive Vice President and Chief Financial Officer. · Jamie Voris will lead Walt Disney Studios Technology as Senior Vice President and Chief Technology Officer. · Walt Disney Studios Labor Relations will be led by Senior Vice President Robert Johnson. · Also continuing to report to Bergman are Walt Disney Animation Studios President Andrew Millstein and Pixar Animation Studios President Jim Morris. Again: I am no fan of the merger, but am aware about what's typical after a merger Quote Strange, how no one words similar about the layoffs at WB.... after AT&T took over. And those are not finalised yet.... What did people expect after a merger? Has no one, of those who act now negativley, ever looked into any other merger before this one? = this is not 'defending' Disney, who reacted to an offer to sell/buy, its wondering why people, who say they follow the BO business, are not aware, were not prepared. There is no 'good' giant company. A merger always means lots of slips, especially in positions with overlaps in responsibility, leading positions early on. No matter for what kind of product the companies are comptiting in. 1 Link to comment Share on other sites More sharing options...
AndyK Posted March 22, 2019 Share Posted March 22, 2019 1 hour ago, Darth Lehnsherr said: Not even for the milking of existing universes it was drive to boost up Disney+. I doubt any franchises continue under Disney other than Avatar and Deadpool (X-Men and Fantastic Four don't count being folded into the MCU). There are 2 ways companies grow, organically or by acquisitions. Holding companies that hoover up other companies is a business in itself, but the growth that they report to their shareholders is nothing more than a paper pushing exercise. The only true way a company can grow is organically....by creating products and services. Link to comment Share on other sites More sharing options...
lorddemaxus Posted March 22, 2019 Share Posted March 22, 2019 Don't be relieved that Fox Searchlight will stay alive. Disney will completely mismanage that company until there is nothing left like with Miramax (this was after Weinsteins left and Iger became CEO of Disney) and Touchstone (which hasn't made a film in three years). Remember, Disney cut 70% of Miramax's staff two years after they released There Will Be Blood, No Country for Old Men, and The Diving Bell and The Butterfly (which are all masterpieces). I can see Disney doing the same crap here because they are Disney and don't understand how companies that make movies with a budget of lower than 100 mil work. 3 1 Link to comment Share on other sites More sharing options...
Neucentro Posted March 22, 2019 Share Posted March 22, 2019 46 minutes ago, lorddemaxus said: Don't be relieved that Fox Searchlight will stay alive. Disney will completely mismanage that company until there is nothing left like with Miramax (this was after Weinsteins left and Iger became CEO of Disney) and Touchstone (which hasn't made a film in three years). Remember, Disney cut 70% of Miramax's staff two years after they released There Will Be Blood, No Country for Old Men, and The Diving Bell and The Butterfly (which are all masterpieces). I can see Disney doing the same crap here because they are Disney and don't understand how companies that make movies with a budget of lower than 100 mil work. Yeah, I also think the current Fox Searchlight model will be relegated into oblivion. But not because they "don't understand how companies that make movies with a budget of lower than 100 mil work". Disney likes to keep everything in-house from financing to production to distribution. They won't co-finance an indie project. Neither will they strike a distribution deal with other producers. With a market share close to 50%, they can use exclusivity to their advantage with little need to license their content and distribution service to anyone else. 1 Link to comment Share on other sites More sharing options...
YM! Posted March 22, 2019 Share Posted March 22, 2019 bUt wE geT x-mEN In tHe mCU NOw cOMcaSt wOuLd’VE BeeN woRSt 7 Link to comment Share on other sites More sharing options...
Barnack Posted March 22, 2019 Share Posted March 22, 2019 (edited) 7 hours ago, terrestrial said: Again: I am no fan of the merger, but am aware about what's typical after a merger The fact that some media and even we call it a merger, when it is a pure acquisition https://www.investopedia.com/ask/answers/021815/what-difference-between-merger-and-acquisition.asp Merger are quite rare (but does happen) and when they happen the stocks of both companies are surrendered, and new stocks are issued under the name of the new business identity like when Time Media and Warner Communication combined together and merged into Time Warner, this is really not a case like that. What is common is a company outright buying another one getting full control and the media miscalling it a merger. 6 hours ago, lorddemaxus said: Touchstone (which hasn't made a film in three years). Touchstone does not exist (didn't had any office space or employee) and didn't made anything in a very long time, it was purely a logo-accounting shell sometime used for a while before being stopped to be used completely. Edited March 22, 2019 by Barnack 1 1 Link to comment Share on other sites More sharing options...
Wonder89 Posted March 22, 2019 Share Posted March 22, 2019 1 1 1 Link to comment Share on other sites More sharing options...