Nothing else to be said. There is no "lesser of two evils" here. Everything sucks.
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Disney wins antitrust approval for Fox purchase. Fox shareholder vote to take place July 27th.
- Thread starter AnotherDayAnotherDollar
- Start date
Nothing else to be said. There is no "lesser of two evils" here. Everything sucks.
I disagree. But I think that if you knew that you still would have brought all that up. I stand by what I said and you can stand by what you said.
BOOM.
Time to update the title, I think. No need for a new post, I'd assume.
Paging kswiston Slayven AnotherDayAnotherDollar
Time to update the title, I think. No need for a new post, I'd assume.
Paging kswiston Slayven AnotherDayAnotherDollar
Standing ardently by a dumb statement isn't noble, btw. It just makes your opinion worth even less.
And we're done? Or leaving time for Comcast to give one last shot
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Is it finally over???
EDIT: Wait my bad. That's the date to vote.
Again, if you want to throw insults then please counter with something that's not "nothing more to be said". Especially on a post that's already been addressed later on in the thread. And that has been answered later on in the thread.
You know, I just read the thread and literally, absolutely nobody brought up Disney's involvement in Sopa or Pipa. At best, you got some people who believe Disney's non-committal stance on net neutrality isn't as bad as comcast actively working to censor the internet, but everybody seems to have no memory of disney literally, overtly doing the exact same thing with Sopa Pipa.
So no, this hasn't been brought up. So I'll say it again - Disney actively worked towards fucking with your internet. In the exact same fucking way Comcast has. That you think "this has been addressed" makes me question to what extent you understand what happened.
RSNs are a hard sell. You're not only limited to when live sports are on (because the vast majority of people aren't checking RSNs for sports talk-ish content, they'll go to the internet or national outlets for that), but you're also limiting yourself to a single market in most cases. That's a pretty small pool of quality TV that you're trying to sell to a pretty small potential audience size.
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Dang I think I must have gotten this thread and the previous thread confused! Let me double check. I could have sworn that someone informed me of SOPA and PIPA. It couldn't have been in the other thread though!
Dang. I'm gonna search the user.
Thanks for the veiled insults by the way. It's great to know that. Especially when the competitor, even with Disney's past, is an ISP provider who has more power to influence these things and has done recently.
That's enough time, but Comcast would be stupid to bid again.
It's ignorant to think that an ISP has more power to influence this than Disney, when the influence comes from money and collusion, not the industry you are in. In fact, Disney almost achieved this with Sopa-pipa despite not being an ISP.
Again, believing there is a lesser of two evils is pure nonsense.
Sigh... that's the date until Comcast bids again unfortunately. Everyone here is saying they are fools to bid again. And that is all correct: they are fools and will bid again. I expect something by the middle of next week. If not, Comcast would have likely said something by now indicating that they will not be pursuing further.
I've explained my reasonings why I don't think that's a go. They want Sky, if they keep going, they will inflate their own bidding war for Sky's majority of assets. Basically, Comcast is cornered here. Trying another bid would potentially condemn them to go without Sky. I don't see them bidding anything significantly higher than what Disney can guarantee that will be approved very soon, unlike a CMCSA offer would go.
Basically, "GET FUCKED, Comcast". :P
They're probably still looking at the options at this very moment doing anything to crash this.
I completely agree with your rationale, but I also think it's possible they are coming up with a strategy. They just may come up with some investors to help them make a substantially higher bid (despite how poor the pitch is to bring people in). This is probably some pessimism from my end resulting from both wanting Disney to get the assets and having a strong dislike for Comcast as a company, but I just think if Comcast were finished they would say so pretty quickly.
EDIT: That said, I want to believe as badly as anyone that this is a done deal.
Not only that, but the reality is that it's going to be much more difficult for Comcast to put in a bid that is that much better than what Disney is currently offering, have the same approval guarantees, and have the better longterm outlook that Disney has. I simply don't feel they are going to be able to pass muster in terms of what they would potentially be able to put together.
I'm posting for free updates and confirmations of what is going on. I'm sorry that I'm not serving you well enough, but this things happen real fast and that's how me, AnotherDayAnotherDollar and others have been updating the thread, to no complaints I think. We will try to be more up to task for your demands though.
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It's 4 weeks from tomorrow. I would have to think Comcast has a comfortable 2, maybe 3 week leeway to go for broke until things get really tight. It's much better than the week and a half they would have had otherwise had the voting been kept to the 10th.
If they are planning on another offer, do you think they wait until just a week or two before the shareholder vote to force another delay in voting?
Disney and Fox had to give it a month window from the latest SEC filing, as I understand. They could not keep the July 10th date.
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Depends on what they are trying to do, honestly. Of course they want to have 21CF board's attention as soon as possible, but they have to come with a very strong bid and higher regulatory protection (for example the 2.5B break up fee won't suffice. The SEC filing told us so).
I know. I'm just saying they have some time now.
If they're being sold to Comcast, which seems to be the expectation, they could be rebranded as the local NBC Sports affiliate which would have local games, plus national stuff to fill the time.
Nathanson was speculating this morning that New Fox will buy them back.
Do all the shareholders have to vote in favour of the deal? A potential roadblock is TCI chief is Chris Hohn who holds a 7% stake in Fox is urging the Murdochs to give comcast more time.
https://deadline.com/2018/06/fox-sets-shareholder-meeting-for-vote-on-disney-offer-1202419230/
https://deadline.com/2018/06/fox-sets-shareholder-meeting-for-vote-on-disney-offer-1202419230/
Not enough, I don't think. This guy is clearly in it with CMCSA and seems to be against Murdoch (since he's an asshole, I wonder why haha). I think Comcast is literally done. This isn't getting postponed and it's getting approval in July 27th.
I hope so. Honestly its getting tiring just constantly hearing about it.
I think the reason we havent had comcast back down officially yet is their Ego. I suspect theres an internal power struggle between Roberts and his shareholders. Roberts is driving his company into the ground with this bidding war. Taking on more debt. The shareholders are rebelling. If he bids again they might try and remove him as CEO. The shareholders know that Disney has won and dont want Roberts bringing the company to its knees over a petty feud.
This means that shareholders who can vote are those that owned shares as of May 29th, and they have kept this unchanged from the original planned meeting.
So assuming Fox shareholders approve the deal, which will presumably happen, at what point after July 27 does Disney actually legally control the Fox assets?