manny1234 Posted June 13, 2018 Share Posted June 13, 2018 (edited) @Hades @IronJimbo @JamesCameronScholar @Nova If Comcast got Fox somehow then Avatar would be part of the Comcast family which has its own Universal Theme Park which is a rival To Disney but the Avatar theme park it is based would be at Disney instead of Universal. Edited June 13, 2018 by manny1234 3 Quote Link to comment Share on other sites More sharing options...
SLAM! Posted June 13, 2018 Share Posted June 13, 2018 1 hour ago, gadd said: I don't know whether to feel happy or scared as someone who stands for less franchising in the industry. Quote Link to comment Share on other sites More sharing options...
Nova Posted June 13, 2018 Share Posted June 13, 2018 31 minutes ago, manny1234 said: @Hades @IronJimbo @JamesCameronScholar @Nova If Comcast got Fox somehow then Avatar would be part of the Comcast family which has its own Universal Theme Park which is a rival To Disney but the Avatar theme park it is based would be at Disney instead of Universal. So what you're saying is that the evil empire always wins Quote Link to comment Share on other sites More sharing options...
manny1234 Posted June 13, 2018 Share Posted June 13, 2018 I known, also @Nova @Slambros this sure will be a huge pissing contest between Disney and Comcast for Fox. Quote Link to comment Share on other sites More sharing options...
DeeCee Posted June 13, 2018 Author Share Posted June 13, 2018 Comcast’s bid is higher then Disney’s but it is all cash. Disney’s bid is script based. An all cash bid has big tax implications for the Murdoch’s so Disney doesn’t have to match Comcast to keep the Murdoch’s happy. Quote Link to comment Share on other sites More sharing options...
TomCruiseTop Posted June 13, 2018 Share Posted June 13, 2018 1 hour ago, DeeCee said: Comcast’s bid is higher then Disney’s but it is all cash. Disney’s bid is script based. An all cash bid has big tax implications for the Murdoch’s so Disney doesn’t have to match Comcast to keep the Murdoch’s happy. Read the details, Comcast has offered to pay all taxes and fees associated with the deal... 2 Quote Link to comment Share on other sites More sharing options...
IronJimbo Posted June 13, 2018 Share Posted June 13, 2018 God whatever happens I hope they don't mess with Avatar 1 1 Quote Link to comment Share on other sites More sharing options...
DeeCee Posted June 14, 2018 Author Share Posted June 14, 2018 47 minutes ago, JamesCameronScholar said: Read the details, Comcast has offered to pay all taxes and fees associated with the deal... Are you sure? Assuming a cash offer triggers capital gains tax for the Murdoch's how can Comcast cover that? Quote Link to comment Share on other sites More sharing options...
LaughingEvans Posted June 14, 2018 Share Posted June 14, 2018 Keep in mind 2 things. 1)Rupert does as he pleases. He will sell to the man whom he hates less 2)cash can seized relatively easy. Quote Link to comment Share on other sites More sharing options...
TomCruiseTop Posted June 14, 2018 Share Posted June 14, 2018 7 hours ago, DeeCee said: Are you sure? Assuming a cash offer triggers capital gains tax for the Murdoch's how can Comcast cover that? From the letter: Quote We will agree to the same allocation of any tax obligations as Disney in connection with any required divestitures. We will agree to the same divestiture package as Disney, i.e., a commitment to divest (i) any of 21CF’s RSNs and (ii) other 21CF assets representing up to $500 million of EBITDA (less up to $250 million of EBITDA attributable to divested RSNs). We will agree to the same reverse termination fee of $2.5 billion as Disney, in the event the transaction does not close as a result of a failure to obtain the required regulatory approvals. Quote Link to comment Share on other sites More sharing options...
Avatree Posted June 14, 2018 Share Posted June 14, 2018 Wait what, I just read that Comcast owns Universal. Wow this is ridiculous. 1 Quote Link to comment Share on other sites More sharing options...
IronJimbo Posted June 14, 2018 Share Posted June 14, 2018 I read that it's possible they may split assets... if that's the case pretty sure Avatar goes to Disney but then what's the point in buying Fox? 😂 1 Quote Link to comment Share on other sites More sharing options...
That One Girl Posted June 14, 2018 Share Posted June 14, 2018 God fuck this shit Quote Link to comment Share on other sites More sharing options...
baumer Posted June 20, 2018 Share Posted June 20, 2018 2 Quote Link to comment Share on other sites More sharing options...
Premium George Posted June 20, 2018 Share Posted June 20, 2018 Murdoch is laughing maniacally right now. Quote Link to comment Share on other sites More sharing options...
The Panda Posted June 20, 2018 Share Posted June 20, 2018 That;s an insane purchasing price, but I could see it being a selling factor for their streaming service. Quote Link to comment Share on other sites More sharing options...
DeeCee Posted June 20, 2018 Author Share Posted June 20, 2018 On 6/14/2018 at 5:54 PM, JamesCameronScholar said: From the letter: I think you’re talking about something else. I’m talking about the Murdoch’s capital gains tax implications for their holdings. A cash payment would trigger a capital gains tax event whereas a share swap wouldn’t. Quote Link to comment Share on other sites More sharing options...
TomCruiseTop Posted June 21, 2018 Share Posted June 21, 2018 18 hours ago, DeeCee said: I’m talking about the Murdoch’s capital gains tax implications for their holdings Ah, my apologies, I misread what you said, I thought we were only talking about the companies. Yeah, you're totally right, the Murdoch's will get hammered on the CGT. 1 Quote Link to comment Share on other sites More sharing options...
Avatree Posted June 21, 2018 Share Posted June 21, 2018 1 Quote Link to comment Share on other sites More sharing options...
SoSaysI Posted June 27, 2018 Share Posted June 27, 2018 Disney pretty much won this officially with the news today that the DOJ has approved their deal with Fox. 1 Quote Link to comment Share on other sites More sharing options...