BoyRaisin2 said:
So despite recent gossip by Jim Hill of buyer's and seller's remorse, this deal will go through, if it hasn't already?
If the media "gossip" is to be believed it does seem there is stuff going on between Disney and Henson. I think Hill exagerated things a lot though. With these kind of things you can always expect some last minute hesitation, especially with Disney but i expect it will probably be pushed through regardless. I'm sure there are people in the wider management of both Disney and Henson who don't like the deal but i've not heard anything to say Eisner, Brian or Lisa are against it. Henson being a private company that's all that matters, it's one heck of a good business deal despite the obvious doubts about what this will mean for the Muppets legacy. Has that ever bothered the Henson kids yet though?
It is a binding contract but i'm not sure whether Eisner has to get final board approval and that might be the snafu. Perhaps if he sensed resistance he wouldn't risk a high profile defeat but if a Henson/Disney deal goes down for a second time it's going to be one heck of an embarrassing story for them anyway.
I think ultimately it's a better deal for Henson than Disney. All the Henson deals of late all tie in nicely together. They'd have Disney funding the Muppets and taking all the risks yet the characters will still remain in their "stable" and they have that production and consulting deal. The hope would also be that Disney also started distributing the JHC "fantasy" brand including new films. Then they'd have HIT Entertainment (who are a fantastic company) distributing and licensing all of Henson's "family" catalogue off the back of the Muppets renewed popularity at Disney and also have a big and powerful partner in them to produce all those pre-school ideas they had which were succesful in the UK before they had to close down production there. It's getting back to exactly what Jim Henson wanted - all of the admin and business side of JHC being moved elsewhere and turning into a streamlined busy production house with the Muppet characters specifically being handled and backed by a major player to give them that recognition as evergreen classics for future generations in the way Disney characters are rather than just being seen and used as a piece of pop culture that fades in and out as trends dictate. Not that i think that could have been avoided though or that there won't always be an element of it.