Comment on Was Disney's Fox purchase a huge waste of money?
ArtificialLink@yall.theatl.social 1 year agoThe rights they acquired through this purchase are easily worth that money alone. An investment does not have to immediately make a return. They acquired the rights to decades upon decades of films TV shows TV channels. I don’t even think you understand the scale of how much they got in that deal. And there is plenty other things that they are working on that they are getting returns from. Just because you don’t see it on the surface doesn’t mean it ain’t happening. God damn it aint hard. You’re looking at a super tiny sample size with just superhero movies being the hinge case for why they did it. They got so much more than I think you realize.
chickenwing@lemmy.film 1 year ago
Sure they got a lot of stuff in the Fox archive I’m just not sure it was 70 billion worth. Amazon bought MGM for much less. Disney also sold their Mirimax catalog years ago for less than a billion. Having a big back catalog is nice but not if it comes with an insane amount of debt. They could have made a deal with Fox for their catalog and their IPs for less money but they bought all their studios too and then fired a bunch of people. Only movie Searchlight put out this year was a flaming hot Cheeto movie.
WarmSoda@lemm.ee 1 year ago
You’re also not part of the team that decided how much the deal was worth.