Who Will Buy Universal?

Discussion in 'Movies' started by MatthewA, Jul 1, 2003.

  1. MatthewA

    MatthewA Lead Actor

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    http://story.news.yahoo.com/news?tmp...mgm_cable_sale

    This article states that MGM is shedding its stakes in its cable holdings, from which it has made no money. They want to buy Vivendi Universal's entertainment assets except for its music division.

    Edit: I wrote "film library," when I meant "music division," :b
     
  2. Jason Seaver

    Jason Seaver Lead Actor

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    I say General Electric/NBC... Universal is planning on charging them a billion dollars total for three years of each Law & Order series, and NBC is the only network not connected to a major studio.

    What I'm really afraid of is Universal getting dismantled - the film library going to MGM, the cable channels going to Viacom, etc.
     
  3. Craig W

    Craig W Second Unit

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    I wonder how this is going to affect upcoming productions. The one that comes to mind right now is the Peter Jackson remake of King Kong. I knew Universal was in trouble and have been thinking that even though the project was announced it may not happen due the struggles of the studio.

    I really want to see a new version of Kong with the advancement of film making technology, not that I don't love the original as well. I really want to see PJ make up for the 1976 travesty.

    Hulk is not going to be the huge $200M+ hit they were hoping for. It will probably end up somewhere in the $150M range.
     
  4. Peter Kline

    Peter Kline Cinematographer

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    Universal is made up of 3 main parts. The film company (with cable/home video interests), the record label and live attractions (parks). It will be parceled up and sold in pieces to different interests.
     
  5. Rex Bachmann

    Rex Bachmann Screenwriter

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    MatthewA wrote:

     
  6. Rob Gardiner

    Rob Gardiner Cinematographer

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    After Universal is sold, can we expect the new buyer to release more LAW & ORDER box sets?
     
  7. Patrick McCart

    Patrick McCart Lead Actor

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    DreamWorks would be the best choice.

    They only have a 1997-present catalog...and they've had plenty of success.
     
  8. Jason Seaver

    Jason Seaver Lead Actor

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    But do they have $11 billion (what MGM is offering)? Likely not.

     
  9. MatthewA

    MatthewA Lead Actor

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    Does MGM even have the capital they're offering? Their market capitalization is only $2,980,000,000.
     
  10. Rex Bachmann

    Rex Bachmann Screenwriter

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    MatthewA wrote (post #9):

     
  11. Dan Hitchman

    Dan Hitchman Cinematographer

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    MGM is far, far worse about home video than Universal even though Universal has had its share of mistakes (Balto and some of their other pan&scan only titles, Jurassic Park DTS, E.T., Back To The Future, Jaws' full documentary being hacked up, etc.).

    No DTS either if MGM takes over. That would really suck.

    MGM is almost going the way of Artisan for how it treats a lot of its catalog titles. At least Universal went so far as to include DTS on some of their older titles, including Weird Science, The Money Pit, Sixteen Candles, The Breakfast Club, etc.

    This doesn't look good!

    I'd much rather have Spielberg/Katzenburg/Geffen get an investment group together and have DreamWorks buy it. At least then you'd have two film lovers controlling Universal's archive.

    Dan
     
  12. Patrick McCart

    Patrick McCart Lead Actor

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  13. Rex Bachmann

    Rex Bachmann Screenwriter

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  14. DonRoeber

    DonRoeber Screenwriter

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    Maybe we can have a HTF fundraiser? Once we own Universal, we'll release DUEL on DVD!
     
  15. Magnus T

    Magnus T Supporting Actor

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    And no more crappy billingual DVD's in Canada. [​IMG]
     
  16. Rex Bachmann

    Rex Bachmann Screenwriter

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    DonRoeber wrote (post #14):

     
  17. Galen_V

    Galen_V Second Unit

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    Doesn't mention anything about the parks though-I can't see GE buying into that area.
     
  18. Tony-B

    Tony-B Producer

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    I would rather have Dreamworks get Universal. Aren't the two somewhat connected already?
     
  19. Jeff Kleist

    Jeff Kleist Executive Producer

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    Dreamworks can't afford Universal. Universal distributes Dreamworks' titles
     
  20. Chris

    Chris Lead Actor

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    NBC/GE is a logical partner. NBC/GE would immediately be able to pick up and merchandise it's aftermarket product (like Law & Order.. Law & Order spin offs, DVD releases, etc.)

    I'm assuming parks and some of the recording subsidiaries would either be on the chopping block for revenue or would be converted in an after-sale deal.

    We'll see. But realistically, NBC is the only company with a feasible means and reason to snap at Universal.
     

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