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  • Disney selling stake in E!...

    ...to Comcast.

    http://biz.yahoo.com/bizj/060314/1259079.html?.v=3

    Probably first of many divestments to cable companies.

    $1 billion could be helpful to DCA.

  • #2
    Re: Disney selling stake in E!...

    It isn't a done deal yet...

    I would use that billion to buy out CBN's interest in the ABC Family.
    Check out my other blog:

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    • #3
      Re: Disney selling stake in E!...

      I love the idea. E! and Disney doesn't make any sense to me.

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      • #4
        Re: Disney selling stake in E!...

        Originally posted by zach1
        I love the idea. E! and Disney doesn't make any sense to me.
        Only as a promoter for Disney products. Buy up enough interest in "news" networks, and you can push them around.

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        • #5
          Re: Disney selling stake in E!...

          $1 billion sounds worth it. Would E! bring much revenue in for Disney? Well, for its worth?
          BACKPACKING REALNESS

          DISNEY TRIPS
          October 2000 - Walt Disney World Resort
          October 2001 - Walt Disney World Resort
          April 2002 - Disneyland Resort Paris
          October 2003 - Walt Disney World Resort
          October 2004 - Walt Disney World Resort
          October 2005 - Walt Disney World Resort
          October 2007 - Walt Disney World Resort
          December 2008 - Walt Disney World Resort
          July 2009 - Disneyland Resort Paris
          July 2011 - Disneyland Resort California
          July 2012-13 - UK Cultural Representative Cast Member at Epcot
          February 2013 - Disneyland Resort California
          February 2013 -Tokyo Disney Resort

          (VERY OLD!)
          TRIP REPORTS

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          • #6
            Re: Disney selling stake in E!...

            I would say that this is moving toward divesting in live action films... Which may be a good idea...

            Shaggy Dog didn't do so well at the box office... Many investors where expecting $30 million opening of the Tim Allen star vehicle... but it only made about 15... The Studeo is getting hammered, beaten into submission by other films...

            Selling E! and some of the other cable network properties make sense...
            Check out my other blog:

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            • #7
              Re: Disney selling stake in E!...

              Originally posted by cellarhound
              Shaggy Dog didn't do so well at the box office... Many investors where expecting $30 million opening of the Tim Allen star vehicle... but it only made about 15... The Studeo is getting hammered, beaten into submission by other films...
              With the exception of "Eight Below", which was humming along quite nicely until (as I believe) "Shaggy Dog" came and cannibalized its audience.
              "I'm working on changing Hollywood...at the studio that fired me twice."
              --John Lasseter

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              • #8
                Re: Disney selling stake in E!...

                Both films aren't exactly qualified hits, but they aren't losing money... Shaggy Dog isn't going to lose money...
                Check out my other blog:

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                • #9
                  Re: Disney selling stake in E!...

                  Originally posted by cellarhound
                  I would say that this is moving toward divesting in live action films... Which may be a good idea...

                  Shaggy Dog didn't do so well at the box office... Many investors where expecting $30 million opening of the Tim Allen star vehicle... but it only made about 15... The Studeo is getting hammered, beaten into submission by other films...
                  How about divesting in remakes -- live, animated, animated-to live, live-to-animated,...
                  It smacks of Eisnerism: "Get me some product! Go through the 60's film vault and update them!, Yeah, that's it! Minimal creativity and maximum dollars! No, they won't be home runs! That's too risky! Get me some singles and doubles, so my bonus comes through!!"

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                  • #10
                    Re: Disney selling stake in E!...

                    Originally posted by cellarhound
                    Both films aren't exactly qualified hits, but they aren't losing money... Shaggy Dog isn't going to lose money...
                    Meh, it's a single. I'll wait for the homer from Pixar's group.

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                    • #11
                      Re: Disney selling stake in E!...

                      I think they should divest themselves of all of their " stakes" they got when they bought abc. They own part of lifetime, E and I think A&E, ( not sure about the last one though) if they don't have controlling interest, then sell it. that would leave them with espn,abc family, disney, toondisney, and soapnet and lots of money to either start another channel( maybe a vault disney type aimed at babyboomers.) or reinvest in the parks or the studios. Live action will always be a part of the disney culture, the studios can't exist on animation alone. the shaggy dog opened against " failure to launch." and owen williams is a big hit right now. 15 million is a good start. let's see what it does this week and the weeks during spring break before a decision is made on whether or not it's a hit.

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                      • #12
                        Re: Disney selling stake in E!...

                        Truthfully I feel it maybe for the best if they did this. I have always felt that Disney was overextending themself and watering down the brand by getting involved with these other companys like E. I really believe they need do divest in the majority of them and refocous on making Disney a strong company again.
                        Micechatter #5053 Looking for our new home in the WDW area! We need to get closer to our "Laughing Place"!
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                        • #13
                          Re: Disney selling stake in E!...

                          One of the interesting trends in cable and in media that I find interesting is we have reached a new phase... The last phase of mass media was specialization... So we have a plithera of channels out there selling content, and diluting viewer base which means less advertising sales...

                          I think perhaps we have reached the next phase: consolidation.
                          Check out my other blog:

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                          • #14
                            Re: Disney selling stake in E!...

                            Originally posted by cellarhound
                            Both films aren't exactly qualified hits, but they aren't losing money... Shaggy Dog isn't going to lose money...
                            It's VERY difficult to lose money making a movie these days, the way the studios have it set up. For instance, King Kong will make money, but it was a bomb.

                            Furthermore, nobody I talked to wanted a Shaggy Dog remake. It was hard to find anyone who could speak fondly of the original.

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                            • #15
                              Re: Disney selling stake in E!...

                              Originally posted by MickeyMania
                              Furthermore, nobody I talked to wanted a Shaggy Dog remake. It was hard to find anyone who could speak fondly of the original.
                              Considering that this is the third manifestation of Shaggy Dog franchise...

                              I think that this manifestation had the least going for it...
                              Check out my other blog:

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