Fox Entertainment Group

Fox Entertainment Group, Inc.
Division
Industry Film, television
Founded 1990 (1990)
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 (2012)
Increase $3.3 billion USD (2012)
Increase $4.98 billion USD (2012)
Number of employees
 12,100 (2012)
Parent 21st Century Fox
Website www.fox.com

The Fox Entertainment Group is an American entertainment company that operates through four segments, mainly filmed entertainment, television stations, television broadcast networks, and cable network programming. The company is wholly owned and controlled by the American media conglomerate 21st Century Fox, which is owned and chaired by Rupert Murdoch, since the company acquired all the stock of Fox. The transaction was completed on March 12, 2005. The division was part of the renamed 21st Century Fox after it had spun off its publishing divisions into the newly formed "New" News Corporation in 2013 as part of a corporate re-organization.[1][2]

It is named after William Fox, born Wilhelm Fuchs, 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]

History

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 (launched in October 1986), which would become the foundation of the company (named after the TV network) itself. Not long after the Metromedia deal was made, Murdoch purchased Davis's shares and News Corp assumed full control of the film studio, which was then placed within Fox Entertainment Group.

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 Group divided FX into two channels, with the new channel FXX leaning toward comedy shows and targeting younger viewers.[7]

Corporate divisions and subsidiaries

Motion picture

Television production and distribution

Television stations

Television broadcast network

Broadcast syndication service

Cable network programming

Fox Networks Group

FX Networks
Fox News Group
National Geographic

Fox Sports Media Group

Fox Latin America

International

See also

References

  1. ↑ "News Corp confirms plan to split the media giant". BBC News. June 28, 2012. Retrieved June 28, 2012.
  2. ↑ "News Corp. Will Use Fox Name as Breakup Proceeds". Bloomberg. Retrieved December 3, 2012.
  3. ↑ Finke, Nikki; Fleming Jr., Mike (September 14, 2012). "SHOCKER! FOX SHAKEUP: Tom Rothman Exiting 20th Film Group; Jim Gianopulos Becomes Sole Chairman/CEO; 20th TV's Dana Walden & Gary Newman Now Report To News Corp #2 Chase Carey". Deadline. Retrieved 2013-06-29.
  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 (January 21, 2013). "Fox Doubling Down on FX In a Bet on Cable Nets". Broadcasting & Cable. p. 4.

External links

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