Fox Corporation

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Fox Corporation
Fox-logo.png
Founded March 20, 2019 (created from split of 21st Century Fox)
President Rupert Murdoch
Notable Works
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Fox Corporation is a media and entertainment company created on March 20, 2019 through a spinoff of the assets of the former 21st Century Fox which had not been acquired by The Walt Disney Company.

History

On December 14, 2017, it was announced that The Walt Disney Company would be purchasing most of 21st Century Fox's assets, including the 20th Century Fox film studio, 20th Century Fox Television, 20th Television and FX. The FOX network, Fox Television Stations, Fox News Channel, Fox Business Channel and the 20th Century Fox studio lot were not included in the deal but were intended to be spun off into a separate company, while FSN will be sold off to other potential buyers. The Disney-21st Century Fox deal obtained antitrust approval of the US Department of Justice Antitrust division, the European Commission and most other foreign regulatory bodies and, as of February 2019, required only approval from Brazil and Mexico to be finalized, with the finalization of the sale completed on March 20, 2019.[1][2] That same day, the assets not acquired by Disney were spun off into the new Fox Corporation.

Current assets

  • FOX, broadcast network, including:
  • Fox Television Stations, TV stations owned and operated by the network

References

  1. Disney to buy 21st Century Fox assets in a deal worth more than $52 billion in stock
  2. Disney Now Expects To Complete Fox Purchase By June