21st Century Fox
| Twenty-First Century Fox, Inc.
|
|
|---|---|
 |
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| legal form | Corporation |
| ISIN | US90130A1016 |
| founding | June 28, 2013 |
| resolution | 19th March 2019 |
| Reason for dissolution | Partial purchase by Disney and Comcast ; Change of name to Fox Corporation |
| Seat |
New York City , New York , United States
|
| management | James Murdoch , CEO |
| Number of employees | 22,400 |
| sales | $ 30.4 billion |
| Branch | media |
| Website | www.21cf.com |
| As of March 20, 2019 | |
Twenty-First Century Fox (branding as 21st Century Fox ) was an American media company based in New York City . It was created through the split and name change of the News Corporation and disbanded in March 2019 as The Walt Disney Company bought large parts of the company. The parts Disney did not buy rebranded as Fox Corporation .
In the Forbes Global 2000 of the world's largest companies, 21st Century Fox ranks 198th (as of fiscal 2017). The company had a market value of around 70 billion US dollars in mid-2018.
history
Twenty-First Century Fox was founded in 1979 under the name News Corporation . On June 28, 2013, she divided her loss-making print media into the newly founded News Corp. out. The part of the company in which the film and television business as well as pay television remained, became the Twenty-First Century Fox .
On December 14, 2017, the planned sale of parts of the 21st Century Fox to Disney was officially announced. Disney wanted to take over 20th Century Fox and Sky plc , among others, for a sum of $ 52.4 billion . When Comcast made a higher bid, Disney raised its bid to $ 71.3 billion. The US competition authorities granted approval subject to conditions. The European Commission also examined the takeover from the point of view of the Merger Regulation . The news and some national sports channels are to be split off from 21st Century Fox before that. In November 2018, approval was granted on the condition that Disney sell its shares in European channels such as A&E Germany , History and Crime & Investigation . In March 2019, Disney acquired large parts of 21st Century Fox for $ 71 billion. As a result, the film studio 20th Century Fox and various Fox television stations went to Disney, but not Sky, as it was taken over by Comcast in 2018.
Divisions
Prior to the Disney and Comcast acquisitions, Twenty-First Century Fox Inc. was divided into cable, feature film and entertainment, television, and direct broadcast and satellite television. The pay channel Foxtel and Fox Sports Australia were incorporated into News Corp. together with the print division . outsourced.
| Business divisions of the 21st Century Fox | |||
|---|---|---|---|
| electric wire | Feature film / entertainment | watch TV | Pay TV and satellite channels |
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20th Century Fox
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Sky Plc. (39.1%)
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Individual evidence
- ↑ Fox, Inc. sales statista.com, accessed March 2, 2019 .
- ↑ a b For $ 71 billion: Disney completes acquisition of Fox. Retrieved March 22, 2019 .
- ^ The World's Largest Public Companies . In: Forbes . ( forbes.com [accessed July 17, 2018]).
- ↑ ire / dpa : Disney may buy Fox - subject to conditions. US antitrust authorities approve takeover. Spiegel Online , June 27, 2018, accessed November 9, 2018 .
- ↑ Prior notification of an association (Case M.8785 - The Walt Disney Company / Twenty First Century Fox). EUR-Lex , accessed on September 21, 2018 .
- ↑ Walt Disney buys parts from Fox Corporation. Spiegel Online , April 14, 2017, accessed November 10, 2018 .
- ↑ sth / Reuters : Disney buys film division of 21st Century Fox. Spiegel Online , November 6, 2018, accessed November 6, 2018 .
- ↑ Jim Waterson: Rupert Murdoch's Sky reign to end as Fox sells all shares to Comcast ( en ) September 26, 2018. Retrieved September 27, 2018.
- ↑ Comcast to buy remaining Sky shares after bid gets 95% acceptance ( en ) Stock Market Wire. October 12, 2018. Retrieved October 15, 2018.
- ↑ Divisions News Corp ; Corporate divisions 21st Century Fox ( Memento from October 5, 2013 in the Internet Archive ).