Fox Entertainment Group

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Fox Entertainment Group, Inc.
Type Subsidiary of 21st Century Fox
Industry Film, television
Founded 1990s
Headquarters Fox Plaza, Century City, Los Angeles, California, United States
Key people Jim Gianopulos, Chairman, CEO
Products Motion pictures, Television programs
Revenue Increase $13.28 billion USD (2004)
Operating income Increase $2.9 billion USD (2004)
Net income Increase $1.85 billion USD (2004)
Employees 12,500 (2004)

Fox Entertainment Group, Inc is an American entertainment industry company that owns film studios and terrestrial, cable, and direct broadcast satellite television properties. Fox Entertainment Group is wholly owned and controlled by the Australian/American media conglomerate News Corporation, which is chaired and part owned by the Australian/American Rupert Murdoch, since the company acquired all the stock of Fox. The transaction was completed on March 12, 2005. The division was spun off from News Corp. into Murdoch's newly formed 21st Century Fox in 2013 as part of a corporate re-organization.[1][2]

It is named after William Fox, born Wilhelm Fried, who created the original Fox Film Corporation. Jim Gianopulos is currently the chairman of Fox Entertainment Group, a position he shared with Tom Rothman until 2012.[3]

Contents

History[edit]

The Fox Entertainment Group was formed in the 1990s after the purchase of the Metromedia-owned independent stations by the 20th Century Fox film studio, at the time jointly owned by Australian media mogul Rupert Murdoch's News Corporation, and Denver billionaire Marvin Davis. These stations would later become the foundation of the Fox television network, which launched in October 1986, and the group itself. Not long after the Metromedia deal was made, Murdoch purchased Davis's shares and News Corp assumed complete control of 20th Century Fox.

In 1995, Saban entered into a joint venture with the Fox children's television network to form Fox Kids Worldwide, which was best known for the first ten Power Rangers series. In 1997 it was renamed Fox Family Worldwide.[4] On July 23, 2001, it was announced that Fox Family Worldwide (now ABC Family Worldwide Inc.) would be sold to Disney from News Corporation and businessperson Haim Saban.[5] On October 24, 2001, the sale was completed.[6]

In September 2013, Fox Networks expects to divide FX into two channels, with the new channel FXX leaning toward comedy shows and targeting younger viewers.[7]

Corporate divisions[edit]

Motion picture[edit]

Television production and distribution[edit]

Television stations[edit]

Television broadcast network[edit]

Broadcast syndication service[edit]

Cable network programming[edit]

Fox Latin America[edit]

See also[edit]

References[edit]

  1. ^ "News Corp confirms plan to split the media giant". BBC News. 28 June 2012. Retrieved 28 June 2012. 
  2. ^ "News Corp. Will Use Fox Name as Breakup Proceeds". Bloomberg. Retrieved 3 December 2012. 
  3. ^ http://www.deadline.com/2012/09/tom-rothman-departing-fox-filmed-entertainment/
  4. ^ "Fox Family Worldwide Inc". Saban. Retrieved 2009-02-23. 
  5. ^ "News Corp. and Haim Saban Reach Agreement to Sell Fox Family Worldwide to Disney for $5.3 Billion". saban. July 23, 2001. Retrieved 2009-02-23. 
  6. ^ "Haim Saban". Saban. Retrieved 2009-02-23. 
  7. ^ Lafayette, Jon (2013-01-21). "Fox Doubling Down on FX In a Bet on Cable Nets". Broadcasting & Cable. p. 4. 

External links[edit]