Culture Yippee ki-yay. 20th Century Fox has answered the long debate about whether "Die Hard" is a Christmas movie. The production company declared the 1988 action flick as "the greatest Christmas story ever told" in a recently released new trailer. The recut jokingly provides much more of a Christmas vibe with the sound of sleighbells and cheerful music in the background, opening with Bruce Willis' character, John McClane, flying to the West Coast to be with his family for the holidays. "But when he gets stuck at the office Christmas party, it'll be a holiday he'll never forget," the classic voice-over says in a gleeful tone. "This Christmas, get ready to jingle some bells," the voice continues over a montage of action clips. The trailer concludes with the tagline referring to the film as, "The greatest Christmas story ever told." Screenwriter Jeb Stuart has previously argued that "Die Hard" is indeed a Christmas movie because of "the family aspect of it." "John comes … [Read more...] about Is ‘Die Hard’ a Christmas Movie? 20th Century Fox Weighs In
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LOS ANGELES – Rupert Murdoch’s handoff to his oldest son is nearly complete. On Wednesday, the 87-year-old media baron choreographed a coda for 21st Century Fox – the company he has spent decades shaping into a global media juggernaut. In what was expected to be the company’s last meeting with shareholders, Murdoch offered only a brief welcome before turning over the podium – in the dimly lit Darryl F. Zanuck Theater on the Fox lot in West Los Angeles – to his oldest son. Lachlan Murdoch, who shares the title of executive chairman with his father, noted it was “likely (the) final such meeting” because the family is selling much of the company to Walt Disney Co., a deal that is expected to be complete in January or February. The $71.3-billion deal is expected to transform Disney and Fox, which will become a much smaller television company focused on news and sports. Rather than reciting Fox’s financial performance, Lachlan Murdoch … [Read more...] about Murdoch and sons begin farewells to 21st Century Fox
Sections SEARCH Skip to content Skip to site index Subscribe Log In Subscribe Log In Advertisement DealBook Supported by ByMichael J. de la Merced June 14, 2018 Get the DealBook newsletter to make sense of major business and policy headlines — and the power-brokers who shape them. __________ The Walt Disney Company agreed to pay $52.4 billion for them. Comcast thinks they’re worth $65 billion. So what, exactly, is so enticing about most of the assets of Rupert Murdoch’s decades-old media empire, 21st Century Fox? DealBook decided to break down why Disney and Comcast are clamoring to buy up a large chunk of Fox. Movie and TV studios The attraction of Fox’s movie studio is clear. 20th Century Fox owns blockbuster franchises like “X-Men” and “Avatar,” as well as a highly regarded arthouse-movie shop in Fox Searchlight. All told, Fox’s studios collected more than $1.4 … [Read more...] about What’s So Special About 21st Century Fox?
A UK culture minister said Tuesday that 21st Century Fox can move forward with its planned takeover bid for Sky — as long as it sells the pay-TV broadcaster’s news division, Sky News. The move sets up a likely Comcast-Disney bidding war for the property. Fox, which owns 39 percent of Sky, moved in 2016 to purchase the remaining piece of the broadcaster — but regulators put the move on hold. After a review, the $16 billion Fox bid for Sky was given the green light on Tuesday — as was Comcast’s $30 billion bid for all of Sky. In December, Disney agreed to buy most of Fox, including its 39 percent stake in Sky and the movie studio 20th Century Fox. Fox launched a bid to buy the remaining stake, valuing Sky at about $25 billion. A rep for Fox noted that the Disney offer is not contingent on Fox buying the rest of Sky. In a statement, a Fox spokesman said the company has already taken steps to sell Sky News to Disney. Disney said it welcomes the UK decision. … [Read more...] about UK minister allows 21st Century Fox takeover of Sky
ASSOCIATED PRESS The Walt Disney Co. logo appears on a screen above the floor of the New York Stock Exchange in 2017. LOS ANGELES >> Add cigarettes to the list of things that the family-friendly Walt Disney Co. has to figure out as it prepares to integrate the sharper-edged 20th Century Fox movie and television studio. Bob Iger, Disney’s chief executive, announced at a shareholder meeting in 2015 that Walt Disney Studios would “prohibit smoking in movies across the board: Marvel, Lucas, Pixar and Disney films.” He said the policy, which put Disney at the forefront of anti-smoking efforts in Hollywood, “was the right thing for us to do.” The decision brought cheers from activists concerned about the power of movies to promote tobacco use. Now anti-smoking advocates want Iger to extend that rule to all future youth-rated films (G, PG, PG-13) made by Fox and its Fox Searchlight specialty label, which are among the assets that Disney is … [Read more...] about Smoking is off limits at Disney. What will that mean with Fox in the fold?