Disney is no Netflix' despite Fox acquisition
20/03/2019
Jenny Priestley 5 hours ago
TVBEurope talks to analyst Alice Enders as the mega-deal finally closes
target=_blank title=Share on LinkedIn class=share-linkedin> TVBEurope talks to analyst Alice Enders as the mega-deal finally closes
https://www.tvbeurope.com/business/disney-is-no-netflix-despite-fox-acquisition title=Share via Email class=share-email>
The Walt Disney Company is now officially the owner of two-thirds of 21st Century Fox.
The $71.3 billion deal first announced in December 2017 finally closed at 4:02am GMT this morning.
Disney now owns a range of film and TV assets including the Fox film and TV studio, FX Networks, National Geographic, international assets like Star India and a 30 per cent stake in Hulu.
The deal raises the question, does this make Disney the biggest player in the media and entertainment industry? Alice Enders, head of research at Enders Analysis, tells TVBEurope the answer to that question lies in another: It begs the question of how a big player is conceived these days. Is it by total revenue? By the strength of the catalogue and the pipeline of new releases? Certainly Disney is the single largest in children's entertainment as it always has been. But acquiring Fox does not turn it into the adult entertainment juggernaut that is Warner Bros.
Or are you aiming for the Netflix question: the power today is in direct to consumer relationships, allowing the company to hoover up data, refine creative strategy etc. In the latter case, Disney is no Netflix, but Disney needed Fox to some degree to launch a competitor service that has a chance to succeed in the US.
Obviously it's very early days in terms of what Disney might choose to do with its new acquisition. Enders believes the company's first strategy will be to integrate Fox into the business which could lead to cost savings as well as the much-discussed launch later this year of its D2C streamer Disney+.
For Disney to concede to the market that D2C is the primary value for a company today is quite something, but the writing has been on the wall for years now, says Enders. Everyone has struggled with the same problem: how to transform a lucrative business of licensing content to cinemas (Disney's outstanding strength) and turn TV into an OTT business that doesn't kill the existing revenue streams off.
It's a transition that Disney shareholders are on, and it may or may not work. If Disney cannot pierce Netflix in family entertainment, then no one can take that business on and all are condemned to being further upstream, cut off from the viewing numbers they require to judge if their shows are worth the licensing revenues they assert to the Netflixes of this world.
Back when the deal was first mooted, Enders told TVBEurope it would be quite astonishing if the Murdoch family were to sell Fox. What does she think now? The Rupert Murdoch strategy of centring the family fortunes on a major Hollywood studio has not changed, but just been transformed into a holding (passive for now) in Disney instead of fox, future proofed for the passage to the next world of the great patriarch himself, says Enders. Much better to wrap it all up while he is with us than let the kids squabble and spoil his life's work. I think it might be envisaged that James Murdoch becomes the eyes and ears of the family inside Fox.
Finally, does Enders see the Disney/Fox deal as the start of a raft of these mega-deals, or will things calm down as the industry adjusts to the change? There have been lots of rumours about Apple and Netflix. There are always going to be rumours about Apple (deep pockets) and the content business, and every media company wants value to be maximised by having many buyers for any asset, she says.
However, I don't see that tie-up with a content business being uppermost for the moment; Apple/Netflix would be a concession that Apple's own D2C business is mature and cannot grow further. Why buy Netflix when 30 per cent commission is made on the Apple store? It has a lucrative content business already. It collects masses of data; location data being especially valuable. I don't know, it just doesn't seem like essential for Apple to buy Netflix.
LINK: | https://www.tvbeurope.com/business/disney-is-no-netflix-despite-fox-ac... |
See more stories from tvb |
More from TVB Europe
17/04/2024
Colorfront showcases upgrades across product range
Colorfront has introduced AI vision-analysis tools to assist master QC operations with detecting framing anomalies, dead pixels, bright titles and sparkles By ...
17/04/2024
Meet the Founder and director
By Matthew Corrigan Published: April 17, 2024 Rory Springthorpe, founder and director at outside broadcasting company Vivid Broadcast, talks to TVBEurope a...
16/04/2024
Adobe previews generative AI tools to streamline professional video workflows
New generative AI tools will enable users of Adobe Premiere Pro to streamline editing all videos, including adding or removing objects in a scene or extending a...
16/04/2024
Atomos appoints Daniel Moore as new chief technical officer
Moore has led the development effort for over 20 products in the AV space By Matthew Corrigan Published: April 16, 2024 Moore has led the development effo...
16/04/2024
UNIT deliver picture post and colour grade for new BBC1 drama series
Coles enhanced colour separation, adding shape and depth to the characters through the use of a soft highlight and shadow roll off, and embracing the natural te...
15/04/2024
SiliconCore adds to XR range with new 1.2mm XR LED Display
SiliconCores patented Common Cathode driver chip delivers frame rates of 240 Hz and a refresh rate of 7680Hz, enabling slow motion, multi-camera view and multip...
15/04/2024
Naphtali Cave joins MOOV
The UK-based virtual studio, sports and events graphics company has appointed Naphtali Cave into a newly created role to drive technical innovation and creativi...
13/04/2024
Blackmagic Design unveils game-changer' URSA Cine 12K
The company has also unveiled DaVinci Resolve 19, which adds new AI tools, as well as over 100 feature upgrades By Jenny Priestley Published: April 13, 2024 ...
12/04/2024
Filming in extreme conditions: Mammals production team reveal all
Producer/directors Stuart Armstrong and Will Lawson detail the specialist cameras used to capture the footage for the series Dark and Cold episodes By Matthew ...
12/04/2024
Cinedeck partners with Paramount to create MTV integrated delivery platform
Cinedecks new ConneX Hub master tool leverages Adobe Frame.io and the companys ConneX products By Matthew Corrigan Published: April 12, 2024 Cinedeck'...
12/04/2024
Nikon completes acquisition of RED
The acquisition aims to enable the development of distinctive products, while leveraging the business foundations of both Nikon and Red By Matthew Corrigan P...
12/04/2024
Alison Pavitt joins Blue Lucy
She joins joins Blue Lucy after a number of years at Pebble By Jenny Priestley Published: April 12, 2024 Updated: April 15, 2024 She joins joins Blue Lu...
11/04/2024
Setting a new standard for storage
EditShare's new EFS NVMe storage solution allows creative professionals to deliver their 4K and 8K projects with unprecedented levels of performance and thr...
11/04/2024
It took 20 years to get here': Filmlight debuts media access tool
Nara can natively decode and playback a wide selection of media without the need to transcode to proxy files By Jenny Priestley Published: April 11, 2024 U...
11/04/2024
UK MPs call for freelancers' commissioner for creative industry
The Committee has recommended the establishment of a cross-departmental Freelancers Commissioner By Matthew Corrigan Published: April 11, 2024 Updated: Apr...
11/04/2024
Preserving TV's technological heritage
Jenny Priestley meets a group of enthusiasts who are working to preserve TV technology from across the decades, including cameras, OB trucks and telecine machin...
11/04/2024
Rise Academy announces new leadership, London Summer School to return
Andy Beale, Lisa Collins and Jackie Howes will lead the charity By Jenny Priestley Published: April 11, 2024 Andy Beale, Lisa Collins and Jackie Howes wil...
11/04/2024
Editor's choice: Ten things to look out for at 2024 NAB Show
From artificial intelligence and an autonomously AI-powered humanoid robot, to an immersive golf experience and our first proper look at Sphere, this is whats o...
10/04/2024
VFX house UNIT moves into new London home
UNIT will now have numerous VFX suites housing Flame, Flame Assist, Nuke and Nuke Studio, while the lower ground floor will house MCR, QC and Open Studio workin...
09/04/2024
Workflow solutions provider ERA expands into London
The office is equipped to embrace a hybrid way of working so teams can collaborate no matter where they are based, added the company By Jenny Priestley Publi...
09/04/2024
Limecraft and OOONA form AI subtitling partnership
The collaboration aims to provide content producers with streamlined subtitling processes through the use of AI and automation, enabling them to extend the reac...
09/04/2024
Harmonic concludes current market conditions' do not support video business sale
The company has also announced the appointment of Nimrod Ben-Natan as CEO, effec...
08/04/2024
Santiago Solanas announced as new Dalet CEO
Following a 30 year career at technology firms including Sage, Oracle, Cisco, IBM and Microsoft, Santiago Solanas replaces departing CEO, Carl Farrell, who will...
08/04/2024
Grass Valley highlights innovation at NAB Show
The technology provider for the live media and entertainment industry is marking its 65th anniversary with a cluster of breakthrough camera and switcher enhance...
08/04/2024
TVBEurope April 2024 issue out now
With a busy calendar of sport plus elections in both the UK and US ahead, the April issue focuses on the latest advances in live production. We meet the sound d...
08/04/2024
Opinion: Why trade shows can and must evolve
#GalsNGear founder Amy DeLouise explains how media technology trade shows can take intentional steps to fully reflect the full diversity of people who are part ...
08/04/2024
New London office for Advanced Systems Group
Opening in May and located in Aviation House, in Londons Holborn district, the new ASG UK headquarters will have the flexibility to adapt to future expansion B...
05/04/2024
Administrators appointed to Winnersh Film Studios Limited
A release says the other legal entities within the Stage 50 group are not currently in administration and continue to trade as normal By Kevin Emmott Publish...
04/04/2024
Ripley: The Sounds of Silence
Theres a lot going on in the darkness. Kevin Emmott meets sound mixer Maurizio Argentieri to find out why it was so important to amplify the silence in the Netf...
04/04/2024
VVC delivers less pain for the grain
The Media Coding Industry Forum is exploring ways to develop end-to-end film-grain management for modern digital environments By Kevin Emmott Published: Apri...
04/04/2024
IBC announces this year's Accelerator Programme
More than 180 organisations have participated in the Accelerator Programme since 2019, and it has delivered POCs for 35 projects By Kevin Emmott Published: A...
04/04/2024
New CEO announced at Viaccess-Orca
Kohler has over 20 years of international experience in senior management roles at Orange By Kevin Emmott Published: April 4, 2024 Kohler has over 20 year...
03/04/2024
Avid appoints Wellford Dillard as CEO
With more than 20 years of experience in the software industry, Dillard was previously CEO of marketing SaaS provider Marigold By Kevin Emmott Published: Apr...
02/04/2024
Changes at the top of the DPP
The DPP has transferred the role of CEO from Mark Harrison to Rowan de Pomerai, with Harrison taking the role of founder and chief content officer By Kevin Emm...
02/04/2024
Premier Sports to relaunch in the UK on April 9
Premier Sports will include coverage of the Scottish Cup, Scottish League Cup, International football fixtures, LALIGA, and more By Kevin Emmott Published: A...
28/03/2024
The 4K cameras giving audiences an astronaut's view of Earth
TVBEurope meets Charles Black, founder and CEO of Sen, which has sent a payload of 4K cameras to the ISS to livestream images of Earth to audiences around the w...
27/03/2024
I knew there were cameras, lighting, some buttons and microphones involved': How Crew Room Academy is inspiring the next generation
TVBEurope hears from some of the students who took part in Crew Room Academys Sc...
27/03/2024
Adobe reveals Gen AI solutions for content supply chain
Elsewhere, Adobe revealed a new feature in Adobe Firefly, which uses the companys generative AI to easily apply the structure of an existing image to newly gene...
27/03/2024
Best of Show Awards for 2024 NAB Show entries close soon
The awards, from industry-leading brands of Future plc, provide a great opportunity for companies to stand out at one the most attended shows in the industry B...
27/03/2024
Meet the director of IT and operations
By TVBEurope Staff Published: March 27, 2024 Updated: March 28, 2024 CueScript's director of IT and operations, Meghan Tyler, tells TVBEurope about h...
26/03/2024
Crown Works Studios moves forward following council approval
The studios are expected to be one of the largest in Europe, with 20 premium sound stages suitable for major feature film and high-end TV (HETV) productions By...
25/03/2024
Blackbird adds indexing and AI auto sequencing to video editing platform
Twelve Labs AI will enable editors to locate specific storytelling moments within their video content using natural language, said the companies By Jenny Pries...
25/03/2024
Meet the director of strategic marketing
By TVBEurope Staff Published: March 25, 2024 Updated: March 26, 2024 Bruno Fran on, director of strategic marketing at Backlight, talks to TVBEurope abou...
22/03/2024
Grass Valley secures $220 million in strategic refinancing
The company said it intends to accelerate innovation across its entire portfolio, most notably in the AMPP ecosystem following the refinancing By Jenny Priestl...
21/03/2024
Creating a fully managed live sports streaming service
As the way that viewers watch sport continues to evolve, broadcasters and streaming services must keep a finger on the pulse of the market and adapt their offer...
21/03/2024
Planetcast brings OTT in house with Switch Media acquisition
The acquisition transfers full control of Switch Medias assets to Planetcast, enabling integration of their online video solutions with Planetcasts NexC unified...
20/03/2024
Slow Horses, The Long Shadow lead BAFTA Craft Awards
Other Craft Award nominees include The Crown, Silo, The Coronation Concert and Eurovision By Jenny Priestley Published: March 20, 2024 Other Craft Award n...
20/03/2024
Shepperton Studios expansion opens for business
The Surrey facility adds a further 17 sound stages (taking its total to 31) as well as two new backlots By Matthew Corrigan Published: March 20, 2024 Updat...
19/03/2024
How Freelens TV puts science centre-stage for its latest game show
Take Off is a game show where science and innovation meet competition. With 12 contestants pitted against one another in a series of challenges, culminating in ...
19/03/2024
The new name reflects the ambition we've had since the very beginning': Newsbridge rebrands as Moments Lab
The company says its goal is to help media, sports, and entertainment companies ...