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21st Century Fox

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21st Century Fox
21st Century Fox
Coolcaesar at English Wikipedia · CC BY-SA 3.0 · source
Name21st Century Fox
TypePublic
IndustryMass media
Founded2013
FounderRupert Murdoch
Defunct2019
FateAcquired by The Walt Disney Company
HeadquartersNew York City, New York, United States

21st Century Fox was a multinational mass media corporation founded by Rupert Murdoch in 2013, following the News Corporation split. The company was a major player in the global media industry, with a diverse portfolio of assets and subsidiaries, including 20th Century Fox, Fox News Channel, and National Geographic. 21st Century Fox was also a significant producer of film and television content, with notable productions such as Avatar, Titanic, and The Simpsons. The company's operations were overseen by Lachlan Murdoch, James Murdoch, and other key executives, including Chase Carey and Peter Rice.

● History

The history of 21st Century Fox dates back to the founding of News Corporation by Rupert Murdoch in 1979. Over the years, News Corporation expanded its operations through strategic acquisitions, including the purchase of 20th Century Fox in 1985 and The Wall Street Journal in 2007. In 2013, News Corporation split into two separate companies: News Corp and 21st Century Fox. The new company was led by Rupert Murdoch as chairman and CEO, with Chase Carey serving as president and COO. 21st Century Fox also had a significant presence in the United Kingdom, with operations including Sky UK and The Times. The company's history was also marked by notable events, such as the Phone-hacking scandal and the News International phone hacking scandal.

● Corporate Structure

The corporate structure of 21st Century Fox was complex, with a diverse range of subsidiaries and affiliates. The company was led by a board of directors, which included Rupert Murdoch, Lachlan Murdoch, and other notable executives, such as James Murdoch and Chase Carey. 21st Century Fox was also advised by a range of external experts, including Goldman Sachs and Morgan Stanley. The company's operations were divided into several key segments, including the Fox Networks Group, 20th Century Fox Film, and National Geographic Partners. 21st Century Fox also had a significant presence in the Asia-Pacific region, with operations including Star India and Tata Sky.

● Assets and Subsidiaries

21st Century Fox had a diverse range of assets and subsidiaries, including 20th Century Fox Film, Fox Searchlight Pictures, and Blue Sky Studios. The company also owned a significant stake in National Geographic Partners, which included National Geographic Channel and National Geographic Magazine. Other notable assets included Fox News Channel, Fox Business Network, and The Wall Street Journal. 21st Century Fox also had a significant presence in the sports media industry, with operations including Fox Sports and YES Network. The company's assets and subsidiaries were valued at over $70 billion, making it one of the largest media companies in the world, with a presence in Europe, Asia, and the Americas.

● Film and Television Production

21st Century Fox was a significant producer of film and television content, with a range of notable productions, including Avatar, Titanic, and The Simpsons. The company's film studios, including 20th Century Fox Film and Fox Searchlight Pictures, produced a range of successful films, including Deadpool, Logan, and The Revenant. 21st Century Fox also produced a range of successful television shows, including The X-Files, Family Guy, and American Idol. The company's production operations were overseen by a range of notable executives, including Peter Rice and Dana Walden.

● Controversies and Criticisms

21st Century Fox was involved in a range of controversies and criticisms during its history, including the Phone-hacking scandal and the News International phone hacking scandal. The company was also criticized for its handling of sexual harassment allegations, including those made against Roger Ailes and Bill O'Reilly. 21st Century Fox was also involved in a range of high-profile disputes, including a carriage dispute with Dish Network and a lawsuit with Netflix. The company's operations were also subject to regulatory scrutiny, including an investigation by the Federal Communications Commission.

● Merger and Acquisition

In 2017, 21st Century Fox announced a deal to merge with The Walt Disney Company, in a transaction valued at over $70 billion. The deal was subject to regulatory approval, including a review by the United States Department of Justice. The merger was completed in 2019, with 21st Century Fox becoming a subsidiary of The Walt Disney Company. The deal marked a significant shift in the global media landscape, with The Walt Disney Company becoming one of the largest media companies in the world, with a presence in Europe, Asia, and the Americas. The merger also had significant implications for the media industry, with a range of notable executives, including Rupert Murdoch and Bob Iger, playing key roles in the deal. Category:Media companies of the United States

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