Comcast-NBCU is trying to buy Fox but Fox Chairman Rupert Murdoch prefers selling to Disney. Content got caught in the crossfire.
I don’t watch a ton of network television — “Brooklyn Nine-Nine” is one of the few that sits in my queue.
But after five seasons Fox canceled the comedy, which has always drawn modest ratings but has had a fervent, cult following. Count Lin-Manuel Miranda, Mark Hamill and Guillermo del Toro among its fanbase.
RENEW BROOKLYN NINE NINE
I ONLY WATCH LIKE 4 THINGS
THIS IS ONE OF THE THINGS#RenewB99
— Lin-Manuel Miranda (@Lin_Manuel) May 10, 2018
It’s good. You should watch it.
Cancellations of fan favorites happen all the time, but this year is different. A massive media merger war has broken out, and it’s worth noting the players involved since they own the shows and the networks.
To start, Comcast, which owns NBCUniversal, is trying to buy a large swatch of Fox assets, specifically its movie and TV studios, its cable networks and its international business, along with its stake in Hulu. Worth noting the Fox TV network isn’t part of that deal.
The problem is that Disney already made a bid for Fox, and it looks like Fox prefers selling to Disney. But Brian Roberts, the CEO of Comcast, is gearing up for another run at buying Fox, according to insiders, and he’s willing to increase the offer, along with other better terms. Roberts is waiting to see if AT&T is allowed to buy Time Warner before he makes another attempt, sources say. The decision on AT&T will come by June 12.
But Rupert Murdoch, who leads Fox, wants a deal with Disney, despite slightly better financial terms from Comcast. And that’s the rub: Media mergers are as much about the personalities — maybe more so — than strict business terms, and Murdoch likes Disney boss Bob Iger.
That may sound quixotic, but it’s worth pointing out that media companies aren’t selling widgets, they’re producing entertainment and there’s an amount of fairy dust and voodoo involved. And the merger dance that’s taking place has caused whiplash in Hollywood. Producers used to working for one network may end up with a series of different bosses in the coming future, which makes show decisions more fraught.
So where does ”Brooklyn Nine-Nine” come in?
The show is produced and owned by Universal, which is part of Comcast-NBCU. But it has been broadcast on Fox. Any show on the ratings bubble — like “Nine-Nine” — probably wouldn’t fare well in the current merger climate. In other words, Fox is pushing back against Comcast’s bid to own it, so anything owned by Comcast — like “Nine-Nine” — will face more scrutiny by Fox.
On the flip side, after the fan uproar over the “Nine-Nine” cancelation, NBC picked it up (after Hulu, Netflix and TBS made inquiries), which is not entirely surprising since sister company Universal owns the show.
Make sense? By the way, NBCUniversal also owns a stake in Recode parent Vox Media.
from Recode – All https://ift.tt/2wAFI9S