Wikipedia

21st Century Fox

American multinational mass media corporation (2013–2019)

21st Century Fox (Twenty-First Century Fox) was an American multinational mass media corporation founded in 2013. In 2019, Disney acquired most of 21CF.

Twenty-First Century Fox, Inc.
21st Century Fox
Company typePublic
ISINUS90130A1016
IndustryMass media
PredecessorNews Corporation
FoundedJune 28, 2013; 11 years ago (2013-06-28)
FounderRupert Murdoch
DefunctMarch 20, 2019; 5 years ago (2019-03-20)
FateMajority of assets sold to The Walt Disney Company; portions of assets sold to Comcast, Sinclair Broadcast Group,[1] and Yankee Global Enterprises;[2] remaining assets spun off to Fox Corporation.
Successors
Headquarters1211 Avenue of the Americas,
New York City, New York
,
U.S.
Area served
Worldwide
Key people
RevenueIncrease US$30.4 billion (2018)
Decrease US$4.4 billion (2018)
Increase US$4.5  billion (2018)
Total assetsIncrease US$53.8  billion (2018)
Total equityIncrease US$19.6  billion (2018)
Number of employees
22,400 (2018)
Divisions
Subsidiaries
Websitewww.21cf.com
Footnotes / references
[3]

It is one of two companies made from the 2013 split of News Corporation (founded by Rupert Murdoch in 1979). 21st Century Fox has the broadcasting and movie assets and serves as the legal successor to News Corporation. The publishing assets were spun off to form News Corp at the same time. The split was so both companies operate under more "focused" management, which Murdoch claimed would "unlock" their true value.[4]

Among the holdings of 21st Century Fox are Fox Entertainment Group. This owns the 20th Century Fox film studio and Fox television network. There are other assets, such as the pan-Asian pay channel operator Star India.

On December 14, 2017, The Walt Disney Company said that they would acquire a lot of 21st Century Fox's subsidiaries for $52 billion USD. This includes the 20th Century Fox studio and Fox's partnership with National Geographic. Some subsidiaries like Fox Broadcasting Company and Fox News Channel will still be a part of 21st Century Fox.[5] The deal closed on March 20, 2019.

Final holdings

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21st Century Fox primarily consisted of the media and broadcasting properties that were owned by its predecessor, such as the Fox Entertainment Group and Star India. News Corporation's broadcasting properties in Australia, such as Foxtel and Fox Sports Australia, remain a part of the newly renamed News Corp Australia—which was spun off with the current incarnation of News Corp and was not a part of 21st Century Fox.

Music and radio

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Studios

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TV

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Production

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Broadcast

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Satellite television

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  • Tata Sky (30%), an Indian Direct To Home Television Service Provider. (in partnership with Tata Group (70%))
  • Fox Networks Group Asia Pacific (formerly Star TV), an Asian satellite TV service having 300 million viewers in 53 countries, mainly in Taiwan, China & other Asian countries
  • Star India, satellite TV network with landing rights in India.

Cable

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Cable TV channels owned (in whole or part) and operated by 21st Century Fox include:

Internet

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Other assets

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  • FoxNext – video game, virtual reality and theme park company

References

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  1. ↑ "Sinclair is the reported winner of the former Fox RSNS". 26 April 2019.
  2. ↑ Ozanian, Mike (March 8, 2019). "New York Yankees Buy Back YES Network For $3.47 Billion". Forbes. Retrieved March 20, 2019.
  3. ↑ "Twenty-First Century Fox 2018 Annual Report Form (10-K)". U.S. Securities and Exchange Commission. August 13, 2018. Retrieved August 23, 2018.
  4. ↑ "2013 Annual Report". 21st Century Fox. August 6, 2013. Archived from the original on December 26, 2018. Retrieved July 25, 2014.
  5. ↑ "Disney Acquired Fox And The Results Could Be Huge". BookMyShow. 15 December 2017. Archived from the original on 23 October 2020. Retrieved 16 December 2017.
  6. ↑ 6.0 6.1 6.2 "The Walt Disney Company To Acquire Twenty-First Century Fox, Inc., After Spinoff Of Certain Businesses, For $52.4 Billion In Stock" (Press release). The Walt Disney Company. December 14, 2017. Retrieved December 15, 2017.
  7. ↑ It's Official: News Corp Buys 49% Of YES Network. Deadline.com. Retrieved on July 21, 2013.
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