Tag Archives: Century Fox

Hulu is No Longer for Sale, Studios Invest $750 Million

Hulu

Despite going up on the market earlier this year, streaming video provider Hulu is no longer for sale. Owners 21st Century Fox, The Walt Disney Company, and NBCUniversal announced on Friday that Hulu will remain under their guidance. The companies have also provided an additional $750 million in funding to “propel future growth.”

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Source: FULL ARTICLE at IGN Tech

Disney and the Devil: Together at Last

By Tim Beyers, The Motley Fool

Source: Marvel database at Wikia.

How will Disney depict Daredevil? The comics contain dozens of rich storylines that could inform a script, but knowing Hollywood, a reboot seems most likely. For now, Feige will only confirm that Disney owns the rights, which is a step in the right direction given history.

Big parts of the Marvel Universe

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Slowly, Walt Disney is reuniting Marvel heroes under one roof. The latest to rejoin? Daredevil, a blind vigilante whose other senses are enhanced to a superhuman degree. Ben Affleck played the title character in a 2003 feature film that failed to meet heightened expectations.

Newsarama confirmed the shift in an interview with Marvel Studios President of Production Kevin Feige earlier this week.

Efforts to reboot the franchise in later years failed for unspecified reasons. Finally, in October, News Corp.‘s 21st Century Fox returned the rights to Marvel Studios when a deal with would-be director Joe Carnahan fell through.

Here’s a closer look at what might have been:

Sources: Joe Carnahan, YouTube.

Now Disney is in control, and that’s good news for shareholders who’ve seen what Marvel can do when it has creative control of its own properties. I’d love to see Carnahan make a noir film starring Daredevil — something reminiscent of how writer-artist Frank Miller reinvented the character in the 1980s.

Miller gave DD a sharper edge. He also introduced the assassin Elektra as a love interest, subsequently played by Jennifer Garner in the 2003 film and a 2005 spinoff that bombed at the box office. The failures apparently made Fox executives gun-shy despite the source material.

Source: Marvel database at Wikia.

How will Disney depict Daredevil? The comics contain dozens of rich storylines that could inform a script, but knowing Hollywood, a reboot seems most likely. For now, Feige will only confirm that Disney owns the rights, which is a step in the right direction given history.

Big parts of the Marvel Universe remain in outside hands. For example, Fox still has comprehensive film rights to the mutant heroes known as the X-Men as well as the Fantastic Four, a superhero family that’s seen action twice on the big screen in recent years while helping to inspire the Pixar Studios hit The Incredibles.

Sony , meanwhile, controls the rights to live-action Spider-Man films. The Amazing Spider-Man 2 is filming now and due in U.S. theaters on May 2, 2014.

Daredevil isn’t big enough to fill the void left by the X-Men, Spidey, and the FF. But then again, neither was Iron Man in 2008. Robert Downey Jr. has since made that character bigger than both Batman and Superman when it comes to big-screen earnings.

Does Disney have what it takes to transform Daredevil similarly? Finally, we’ll get to find out.

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The article Disney and the Devil: Together at Last originally appeared on Fool.com.

Source: FULL ARTICLE at DailyFinance

Media Digest (4/17/2013) Reuters, WSJ, FT, Bloomberg

By 24/7 Wall St.

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The role of central banks in stimulus will be considered at International Monetary Fund (IMF) and G-20 gatherings. (Reuters)

Display ad revenue at Yahoo! (NASDAQ: YHOO) drops sharply. (Reuters)

News Corp. (NASDAQ: NWSA) will call its entertainment company 21st Century Fox. (Reuters)

Carl Icahn agrees to limit his stake in Dell Inc. (NASDAQ: DELL) but can join other bidders to make an offer for the company. (Reuters)

Procter & Gamble Co. (NYSE: PG) will lengthen the number of days after which it pays suppliers, which will allow it access to $2 billion in cash. (WSJ)

A new IMF report attacks the results of austerity taken on by financially troubled nations. (WSJ)

A reservations system glitch limits American Airlines bookings and causes a number of flights to be halted. (WSJ)

Boeing Co. (NYSE: BA) completes tests of batteries on its Dreamliner 787, but the FAA has not approved them. (WSJ)

Intel Corp.’s (NASDAQ: INTC) profits drop by 25% as PC sales tumble. (WSJ)

Investment manager John Paulson loses $1.5 billion in his bet on gold prices. (FT)

The drop in gold prices hits central bank asset values by $560 billion. (Bloomberg)

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: BA, DELL, INTC, NWSA, PG, YHOO

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From: http://www.dailyfinance.com/2013/04/17/media-digest-4172013-reuters-wsj-ft-bloomberg/