Fox Corporation – history, company profile (overview) and corporate video
Fox Corporation is an American mass media company headquartered in New York City, New York, United States.
HISTORY
Fox Corporation was formed in 2019 as a result of The Walt Disney Company‘s acquisition of 21st Century Fox; the assets that were not acquired by Disney were spun off from 21st Century Fox as the new Fox Corp. The acquisition covered the majority of 21st Century Fox’s entertainment assets, including 20th Century Fox, FX Networks, and National Geographic Partners, among others.
In May 2019, via Fox Sports, Fox Corporation acquired a stake in Canadian online gambling operator The Stars Group. As a result, it announced that the companies would co-develop sports betting products for the U.S. market under the branding Fox Bet.
In August 2019, Fox Corporation acquired Credible Labs and the animation studio Bento Box Entertainment.
In April 2020, Fox Corporation acquired the streaming service Tubi.
In September 2021, Fox Corporation acquired TMZ from WarnerMedia.
In December 2021, Fox Corporation acquired the film and television production studio MarVista Entertainment.
In September 2022, Fox Corporation announced the launch of Fox Entertainment Studios, its first venture into entirely in-house television production.
BUSINESSES
The company produces and distributes content through some of the world’s leading and most valued brands, including FOX News Media, FOX Sports, FOX Entertainment, FOX Television Stations, and Tubi Media Group.
FOX News Media
FOX News Media operates the FOX News Channel (FNC), FOX Business Network (FBN), FOX News Digital, FOX News Audio, FOX News Books, the direct-to-consumer streaming services FOX Nation and FOX News International and the free ad-supported television service FOX Weather.
FOX Sports
FOX Sports includes the sports television arm of the FOX Network; FS1, FS2, FOX Soccer Plus and FOX Deportes. FOX Sports’ digital properties include FOXSports.com and the FOX Sports App, which provides live streaming video of FOX Sports content, instant scores, stats and alerts to iOS and Android devices. Additionally, FOX Sports and the social broadcasting platform Caffeine jointly own Caffeine Studios, which creates exclusive eSports, sports and live entertainment content. FOX Sports also has interests in the joint-venture business Big Ten Network and a licensing agreement that established the FOX Sports Radio Network.
FOX Entertainment
FOX Entertainment is one of the world’s most recognizable media brands and a prolific content producer. FOX Entertainment’s legacy includes 9-1-1: Lone Star, The Simpsons, The Floor, The Cleaning Lady, Hell’s Kitchen, and LEGO Masters. Its growth strategy has included the acquisitions of the animation studio Bento Box Entertainment (Bob’s Burgers, The Great North, Krapopolis, Grimsburg), the entertainment platform TMZ, and the global production studio MarVista Entertainment (The Way Home), as well as the formation of the culinary and lifestyle content venture Studio Ramsay Global (Next Level Chef, Gordon Ramsay’s Food Stars) in partnership with Gordon Ramsay. It also established its in-house unscripted studio FOX Alternative Entertainment (The Masked Singer, We Are Family, Snake Oil, I Can See Your Voice, Name That Tune), FOX Entertainment Studios (Animal Control) to develop scripted content, and worldwide content sales unit FOX Entertainment Global.
FOX Television Stations
FOX Television Stations owns and operates broadcast television stations in the U.S. In addition to distributing sports, entertainment and syndicated content, its television stations collectively produce over 1,000 hours of local news every week.
Tubi Media Group
Tubi Media Group combines data insights, ad technology, consumer TV streaming services and digital platform integrations to further propel FOX into the future of media. Tubi Media Group leverages the synergies between Tubi, AdRise, Blockchain Creative Labs, Credible and other platform services across FOX.
With more than 7,700 employees, Fox Corp. According to Forbes, it is considered one of the Largest Public Companies in the World and one of the World’s Most Valuable Brands.
*Information from Forbes.com, Wikipedia.org, and www.foxcorporation.com.
**Video published on YouTube by “Companies History“.