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Tuesday Numbers | Incredibles 2 ~ 27M

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9 minutes ago, bladels said:

http://www.comingsoon.net/movies/news/953697-disney-fox-acquisition

This says Disney will aquire Fox immediately following the new deal

 

https://www.hollywoodreporter.com/news/disney-boosts-fox-bid-713-billion-cash-stock-1120841#click=https://t.co/kY8TPUSiZM

 

"Jefferies analyst John Janedis has said the bidding could go as high as $80 billion if Comcast and Disney continue to battle for Fox."

 

I don't think it's over.

 

And I trust Hollywood Reporter over comingsoon.net

 

Edited by Daxtreme
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8 minutes ago, AJG said:

This is nonsense and ComingSoon is trash. Fox shareholders still need to vote and Comcast could come in and offer a better deal. 

True:

There's no timetable, so with Disney's higher bid fresh in the news, the waiting game goes on. Fox has suspended its shareholder meeting indefinitely as the bids play out.

 

P.S. for actual news, no need to go to movie website/trades people..... Actual journalist will be covering this.

Edited by Barnack
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1 minute ago, Jake Gittes said:

Yup. TFA was to 2b what ROTK was to 1b, and now Infinity War is like Dead Man's Chest. 

Nah.  There were several movies (SM, HP, other Pirates in the high $800s and $900s millions before and after ROTK and movies that had already made $1b and $1.8+b

 

Between TFA and AIW the highest grossing movies WW didn't hit $1.4b.  Even after Avatar smashed past the $2b barrior (like Titanic before it and $1b) the highest grossing film (JW:FK)  over the next decade other than TFA and AIW was $329m off the mark and the couple below it were almost $500m off the mark (Avengers & FF7).

 

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17 minutes ago, bladels said:

http://www.comingsoon.net/movies/news/953697-disney-fox-acquisition

This says Disney will aquire Fox immediately following the new deal

As others have already said, the shareholders of Fox and Disney would first need to vote on the deal and approve it before it moves forward. 

 

Originally the vote was scheduled for July 10 but has now been postponed to an unspecified later date in light of the updated bids - https://abcnews.go.com/Entertainment/wireStory/disney-ups-twenty-century-fox-703b-56025223

 

Comcast has time now to up their bid and there are rumours that they may do so. But at this point signs point to Disney getting the deal done over Comcast. Fox and especially Murdochs have always shown more favour to Disney’s stock+cash deal rather than Comcast’s all cash deal due to tax implications. 

 

Not only that but Disney has been preparing for this deal a lot longer than Comcast has and so has advantage in that they are already six months into regulatory review process - https://variety.com/2018/biz/news/bob-iger-disney-fox-comcast-acquistion-1202851921/

 

There is also rumours that DOJ could approve the deal within 2 weeks -  https://thefly.com/landingPageNews.php?id=2748127

 

if this is true then that is a huge advantage to Disney and a big point of consideration for Fox shareholders as Comcast is likely to run into more hurdles with DOJ than the Disney deal. 

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16 minutes ago, a2k said:

DP2

297 + 1 (-25.4%) + 0.8 (-20%) = 298.80

1.24 (+55%) + 1.71 (+38%) + 1.30 (-24%) = 4.25 weekend (-51.0%)

303.05 cume

 

I have it closer to 5.5 So more like a 38-40% drop.

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7 minutes ago, ZeeSoh said:

Comcast has time now to up their bid and there are rumours that they may do so. But at this point signs point to Disney getting the deal done over Comcast. Fox and especially Murdochs have always shown more favour to Disney’s stock+cash deal rather than Comcast’s all cash deal due to tax implications. 

Plus Disney’s deal now takes on $13B+ of Fox debt...driving the deal up to ~$85B. It’s ridiculous how expensive it’s getting.

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