Wednesday, March 20, 2019

That's it, Disney Is Now the Owner of Fox , Official Statements Released by Bob Iger and the Walt Disney Company



That's it, after months of battle and needed approval by different countries, the deal between Disney and Fox was completed after midnight on the East Coast and the header of The Walt Disney Company website was changed today and now feature several previously Fox-owned properties, including The Shape of Water, Avatar, The Simpsons, Deadpool, and Atlanta ( picture above ).

After the transaction’s close, Disney Chairman and CEO Bob Iger sent an email to colleagues:

 "I’m proud to announce the acquisition is complete and 21st Century Fox is now part of The Walt Disney Company. I’d like to welcome our new colleagues, and thank employees on both sides of the deal for your patience and perseverance as we worked through the lengthy acquisition and regulatory process.

As you know, Disney has never been short on ambition. We’ve never been satisfied with the status quo, and our vision for this transformative era is our boldest yet. We are rapidly transforming our company to take full advantage of evolving consumer trends and emerging technology in order to thrive in this new and exciting time.

Our acquisition of 21st Century Fox was driven by our strong belief that the addition of these great businesses, brands, franchises and talent will allow us to move faster, reach farther and aim higher – especially when it comes to building direct connections with consumers.

I wish I could tell you that the hardest part is behind us; that closing the deal was the finish line, rather than just the next milestone. What lies ahead is the challenging work of uniting our businesses to create a dynamic, global entertainment company with the content, the platforms, and the reach to deliver industry-defining experiences that will engage consumers around the world for generations to come. We’ve spent the last year exploring the new opportunities and synergies generated by bringing our two legendary companies together. Leaders across both organizations have worked closely together to understand how to best unlock this potential and unleash innovation and creativity to generate long-term growth. We’re confident in our integration strategy and in our ability to execute it effectively; and we’re inspired and energized by the new possibilities.

Our integration process will be an evolution, with some businesses impacted more than others. We’ve made many critical decisions already, but some areas still require further evaluation. We may not have answers to all of your questions at this moment, but we understand how vital information is, and we’re committed to moving as quickly as possible to provide clarity regarding how your role may be impacted. Having been on both sides of numerous acquisitions during my career, I have a deep appreciation for how this one impacts everyone involved, on both a personal and professional level. I understand the challenges, and I ask for your continued patience in the days to come as we combine this collection of great assets to create the world’s premier entertainment company."

Also the Walt Disney Company released the official statement below:

Disney and 21st Century Fox Announce per Share Value in Connection with $71 Billion Acquisition

Unprecedented collection of high-quality creative content, stellar talent and cutting-edge technologies will enable Disney to accelerate its direct-to-consumer strategy and expand its global presence

BURBANK, Calif. and NEW YORK, New York, March 19, 2019 – The Walt Disney Company (NYSE:DIS) and Twenty-First Century Fox, Inc. (“21CF”) (NASDAQ: TFCFA, TFCF), in connection with Disney’s acquisition of 21CF (the “Acquisition”), announced today that the per share value of the Merger Consideration (as defined below) has been calculated in accordance with the Merger Agreement (as defined below) to be $51.572626 (the “Per Share Value”. See footnote1). The Acquisition will become effective at 12:02 a.m. Eastern Time tomorrow, March 20, 2019.

At the effective time of the Acquisition, each share of 21CF common stock will be exchanged for $51.572626 in cash (the “Cash Consideration”) or 0.4517 shares of common stock of TWDC Holdco 613 Corp., the holding company that will own both Disney and 21CF following the Acquisition (“New Disney”) (the “Stock Consideration”, and together with the Cash Consideration, the ”Merger Consideration”), subject to election, proration and adjustment procedures set forth in the Amended and Restated Agreement and Plan of Merger(the “Merger Agreement”), dated as of June 20, 2018, by and among 21CF, Disney, New Disney, and certain of Disney’s other subsidiaries. The number of shares of New Disney common stock comprising the Stock Consideration was determined by dividing the Per Share Value by $114.1801, which was the volume weighted average trading price of a share of Disney common stock on the New York Stock Exchange over the fifteen consecutive trading day period ending on (and including) March 15, 2019.

“This is an extraordinary and historic moment for us—one that will create significant long-term value for our company and our shareholders,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company. “Combining Disney’s and 21st Century Fox’s wealth of creative content and proven talent creates the preeminent global entertainment company, well positioned to lead in an incredibly dynamic and transformative era.”

The acquisition of 21st Century Fox’s iconic collection of businesses and franchises will allow Disney to provide more appealing high-quality content and entertainment options to meet growing consumer demand; increase its international footprint; and expand its direct-to-consumer offerings, which include ESPN+ for sports fans, the highly-anticipated Disney+ streaming video-on-demand service launching in late 2019; and Disney and 21st Century Fox’s combined ownership stake in Hulu.

The acquisition includes 21st Century Fox’s renowned film production businesses, including Twentieth Century Fox, Fox Searchlight Pictures, Fox 2000 Pictures, Fox Family and Fox Animation; Fox’s television creative units, Twentieth Century Fox Television, FX Productions and Fox21; FX Networks; National Geographic Partners; Fox Networks Group International; Star India; and Fox’s interests in Hulu, Tata Sky and Endemol Shine Group. Disney and 21st Century Fox entered into a consent decree with the U.S. Department of Justice last year under which Disney will divest 21st Century Fox’s Regional Sports Networks.

Earlier today, 21st Century Fox completed the spin-off of a portfolio of 21st Century Fox’s news, sports and broadcast businesses, including the FOX News Channel, FOX Business Network, FOX Broadcasting Company, FOX Sports, FOX Television Stations Group, and sports cable networks FS1, FS2, Fox Deportes and Big Ten Network, and certain other assets and liabilities, into Fox Corporation.

Disney is also acquiring approximately $19.8 billion of cash and assuming approximately $19.2 billion of debt of 21st Century Fox in the acquisition. The acquisition price implies a total equity value of approximately $71 billion and a total transaction value of approximately $71 billion.

The acquisition is expected to be accretive to Disney earnings per share before the impact of purchase accounting for the second fiscal year after the close of the transaction, and to yield at least $2 billion in cost synergies by 2021 from operating efficiencies realized through the combination of businesses.

On March 19, 2019, 21CF distributed to holders of shares of 21CF common stock (other than holders that are subsidiaries of 21CF) all of the issued and outstanding common stock of Fox Corporation (“FOX”) on a pro rata basis (the “Distribution”). As a result of the Distribution, 0.263183 of each share of 21CF common stock outstanding immediately prior to the Distribution was exchanged for 1/3 of one share of FOX common stock of the same class, and holders continued to hold the remaining 0.736817 of each share of 21CF common stock. The 0.736817 of each share of 21CF common stock remaining outstanding following the Distribution will be exchanged for the amount of consideration in the Acquisition that a whole share of 21CF common stock would have been exchanged for before giving effect to the Distribution. To accomplish this, the consideration that holders will receive in the Acquisition is automatically adjusted pursuant to the Merger Agreement to take the Distribution into account by multiplying the value of such consideration ($38.00) by the Distribution Adjustment Multiple (1.357190).

About Disney

Disney, together with its subsidiaries, is a diversified worldwide entertainment company with operations in four business segments: Media Networks; Parks, Experiences and Products; Studio Entertainment; and Direct-to-Consumer and International. Disney is a Dow 30 company and had annual revenues of $59.4 billion in its Fiscal Year 2018. For more information about Disney, please visit www.thewaltdisneycompany.com.  ( end of WDC statement )

Check also this Laughing Place article HERE "Counting Down the Top 21 Things Disney Just Acquired from 21st Century Fox" ...as there is plenty of these FOX franchises which could make good rides in Disney parks.

Picture: copyright Disney

Tuesday, March 19, 2019

BREAKING: "Awesome Planet" Film Coming at Epcot "The Land" Pavilion



"Awesome Planet" , a new film is coming at Epcot "The Land" pavilion!

From the Disney Parks Blog: “Awesome Planet,” an on-screen exploration of the realm we call home, showcases the spectacular beauty, diversity and dynamic story of our earth with all the grandeur guests have come to expect.

This new film – together with the new Circle-Vision film previously announced for the China pavilion, updates to the film at the Canada pavilion, and the “Beauty and the Beast” Sing-Along that is coming to France – hints at the scope of the coming transformation of this amazing park. The new films herald a bold new era for a theme park that is distinctly Disney in its view of the earth, its lands and its people.

We’re aware, of course, that each time we touch Epcot, we are touching the setting for millions of precious family memories. So, we are very careful stewards of this park.

“Beauty and the Beast” Sing-Along will rotate, for instance, with “Impressions de France,” which retains its place in Guinness World Records as the longest-running daily screened film in the world.

With spectacular nature photography, immersive in-theater effects, and space sequences created by none other than Industrial Light & Magic (which provided the cinematic foundation for the Star Wars franchise), “Awesome Planet” will stir Epcot guests and deliver an environmental message that will resonate far beyond its final scenes."

Picture: copyright Disney

New Toy Story 4 Trailer and Poster !




The new Toy Story 4 trailer is here - and it's a "real" trailer, not a teaser this time - as well as the new poster above! I'm still a bit dubious about the storyline but have a look at it and let us know what you think..




Picture and video: copyright Disney - Pixar

Bob Iger Will Share the Ideas And Values He Used to Reinvent Disney in "Good Company", a 288 Pages Book To Be Released Sept 23 by Random House



On September 23, 2019, publisher Random House will released Bob Iger's book "Good Company". In this 288 pages book Bob Iger will share the ideas and values he has used to reinvent one of the most beloved companies in the world, and inspire the people who bring the magic to life.

In 2005, Robert Iger became CEO of The Walt Disney Company during a difficult time. Morale had deteriorated, competition was more intense, and technology was changing faster than at any time in the company's history. "I knew there was nothing to be gained from arguing over the past," Iger writes. "The only thing that mattered was the future, and I believed I had a clear idea of the direction Disney needed to go." It came down to three clear ideas: 1) Create the highest quality content Disney could produce. 2) Embrace and adopt technology instead of fighting it. And 3) Think bigger--think global--and turn Disney into a stronger brand in international markets.

Twelve years later, Disney is the largest, most respected media company in the world counting Pixar, Marvel, Lucasfilm, and 21st Century Fox among its properties. Its value is nearly five times what it was when Iger took over, and Iger is recognized as one of the most innovative and successful CEOs of our time.



Now, he's sharing the lessons he's learned while running Disney and leading its 200,000 employees--taking big risks in the face of historic disruption; learning to inspire the people who work for you; leading with fairness and communicating principles clearly. This book is about the relentless curiosity that has driven Iger for forty-five years, since the day he started as a studio supervisor at ABC. It's also about thoughtfulness and respect, and a decency-over-dollars approach that has become the bedrock of every project and partnership Iger pursues, from a deep friendship with Steve Jobs in his final years to an abiding love of the evolving Star Wars myth.

"Over the past fourteen years, I think I've learned so much about what real leadership is," Iger writes. "But I couldn't have articulated all of this until I lived it. You can't fake it--and that's one of the key lessons in this book."

I'm adding to this article this interesting 2017 video as it's not everyday that you see someone interviewed by his wife, and it's certainly even more rare when it is Bob Iger, Chairman and CEO of The Walt Disney Company, interviewed by his wife Willow Bay, Dean of the USC Annenberg School of Communication and Journalism! Don't miss it!




Pictures : copyright Vogue Magazine, Hollywood Reporter

Sunday, March 17, 2019

Disneyland Paris Update! In-Depth Pictorial Report of the Disneyland Paris Hotel



Here we go for a new Disneyland Paris pictorial update and this is the first article of a series that will present in-depth pictorial reports on Disneyland Paris hotels. The first article today is about the beautiful Disneyland Paris Hotel at the entrance of the park, thanks to great pictures and videos from Max, D&M contributor and DLP Welcome webmaster.

Important Note: make sure to stay till the end of this article as the Disneyland Paris, From Sketch to Reality book will be released soon in ENGLISH digital eBook edition and i tell you all you need to know to enjoy an incredible special offer for your pre-order!


So, let's move inside the five stars hotel and have a look at the always elegant Victorian lobby.




The large hallway on the first floor leading to the rooms and restaurants. The hotel is in good condition but i've been told that it should go a complete renovation after the Hotel New York has ended and after Disneyland Paris 30th Anniversary year in 2022, so starting in 2023.


Let's have a look inside the rooms!




















Back in 1992 some publicity pictures were released showing rooms inside each hotel and here is the one released for the Disneyland Paris Hotel.


Here is a first video showing the rooms and the hotel indoor swimming pool.




The next video will show you the Tinkerbell room, a good choice ...if you can afford it.




And if you really, really, have enough money the Sleeping Beauty Suite with its 180 square meters and the best possible view on the park is unmissable! This is the suite where Michael Jackson was staying when he was coming at DLP in the 90's...




...and it's also in that suite that Disneyland Paris had welcome in 1993 the at-that-time-famous sextuplets.





Let's move to the Inventions restaurant / buffet where the food is excellent and, surprise, Mickey, Minnie and others Disney characters welcome the guests.




























Nearby the Cafe Fantasia is a great place to enjoy some tea or drinks and to enjoy the best view on DLP Fantasia Gardens at the entrance of the park.








Some pictures of the outside of the hotel shot in different locations than what you see usually.










Let's go back inside to see the Castle Lounge which also have a great view on the park entrance, but on the other side!






















The second article will come next week and this time we'll make a stop inside the great Sequoia Lodge Hotel. In the meantime, here is all what you need to know to place your pre-order for the English eBook edition of the great 320 pages Disneyland Paris book!



Since YEARS i've been asked if the Disneyland Paris, From Sketch to Reality book will be released in ENGLISH eBook edition, either by readers for whom the price of the book printed edition was too high, or by others who already own the book and wanted to have it in digital edition to be able to take the book with them when they visit the park, as the book tell all the story of the making of the park.

Today, i have good news for all of you as the 320 pages Disneyland Paris, From Sketch to Reality book will be at last released in eBook edition this April, and you will be able to have the book all the time with you and read it on your mobile, tablet or computer, and inside the park!

This will be the exact same edition than the updated English edition, and, yes, just like the French eBook edition, it will include a selection of 60 best videos about the park, Imagineering, hotels, and more!

And there is one more good reason to order this eBook edition: the pictures have never looked so beautiful, and there is a reason for that: the eBook reproduce the original pictures files exactly as they are,  meaning that the pictures look 100% like the originals as you don't have the usual loss or slightly change in colors that usually happen during the printing, as good as the printer can be.

And to celebrate the release of the book in its English digital edition the first 100 people to order it in eBook format can get the book at the price of 14,99 € if it is pre-ordered before March 30! And there is no shipping fee as it is an eBook edition! Once released, the ebook will be sold on the Apple, Android eBook stores at 29,99€ and on Amazon Kindle at a higher price.

In addition, everyone who will pre-order the book will receive GREAT surprise gifts that you'll get instantly once i receive your payment, a cool way to keep you waiting until the eBook edition will be available next month ( Note that these gifts won't be available when you'll purchase the book on the eBook stores once the eBook will be released ).

You can proceed to the payment only by Paypal or credit card via Paypal even if you don't have a Paypal account. Payment with Paypal must be sent at this email address: nme4@wanadoo.fr

To order the Disneyland Paris book, from Sketch to Reality eBook edition with the special 14,99€ price send me an email to: amplittaye@gmail.com with your first and last name and please specify to me if you own an Apple or Android device or account.

The book has 320 pages, tells the story of the creation of the park and includes 750 photos including 250 concept-arts from Walt Disney Imagineering! See pictures below and you can also watch the video that presents each page of the book below.

One more thing: This is a book which its printed edition is sold now between $200 and $2000 ( true!) depending of sellers, so don't miss this eBook edition special offer at very reasonable price while it last!










Pictures: copyright DLP Welcome, Disney