$4.2M payout after man with sore throat dies at clinic

Variety notes that despite the fact that Turner and Disney both declined to comment on financial details of the agreement, the deal is estimated at around $250 million, and runs through to 2022.

“There’s an awakening coming to cable”, CNBC’s Carl Quintanilla reported on “Squawk Alley” today.

“The Star Wars movies and characters are beloved across generations, captivating audiences and breaking box office records around the globe for almost four decades”, said Deborah K. Bradley, executive vice president of networks optimization, content strategy and commercialization for Turner.

With Turner dropping a quarter of a billion dollars to acquire the rights, we should probably prepare ourselves for myriad marathons of the Star Wars films for several years to come, which probably isn’t a bad thing. The movie dominated at the box office, topping $2 billion worldwide.

The combined deals mean Turner is the only place to have access to all 11 films in the “Star Wars” canon.

Turner has been laser focused on making its channels more valuable to consumers and pay-TV distributors by developing new original dramas and comedies. The company’s strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, notable return on equity, expanding profit margins and good cash flow from operations.

The pacts were signed with Walt Disney Co., which owns Star Wars producer Lucasfilm, and 20th Century Fox, which owns distribution rights to A New Hope.

Turner will begin its new deal this month, with a marathon of the six older Star Wars movies running on September 24-25.

The Star Wars movies and characters are beloved across generations, captivating audiences and breaking box office records around the globe for almost four decades. The films will re-air in December ahead of Rogue One’s release, while The Force Awakens is set to debut in early 2018. The exposure for the titles on the streaming giant added a wrinkle to determining the value of the titles in the ad-supported cable window.

Fox holds the TV rights to the original film, which it distributed theatrically for director George Lucas back in the day.