21st Century Fox facts for kids
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Headquarters of 21st Century Fox on 1211 Avenue of the Americas
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Trade name
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21st Century Fox |
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| Public | |
| Traded as | |
| ISIN | US90130A1016 US90130A2006 |
| Industry | Mass media |
| Fate | Majority of assets sold to The Walt Disney Company; portions of assets sold to Comcast, Sinclair Broadcast Group, and Yankee Global Enterprises; remaining assets spun off to Fox Corporation. |
| Predecessor | News Corporation |
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| Founded | June 28, 2013 |
| Founder | Rupert Murdoch |
| Defunct | March 20, 2019 |
| Headquarters | 1211 Avenue of the Americas,
New York City, New York
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U.S.
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Area served
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Worldwide |
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Key people
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| Revenue |  US$30.400 billion (2018) |
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Operating income
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 US$4.410 billion (2018) |
| US$4.464 billion (2018) |
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| Total assets | US$53.831 billion (2018) |
| Total equity | US$19.564 billion (2018) |
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Number of employees
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22,400 (2018) |
| Divisions |
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| Subsidiaries |
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21st Century Fox was a big American company that worked in mass media. This means they owned many businesses involved in movies, TV, and news around the world.
This company was created in 2013. It was formed when a larger company called News Corporation, founded by Rupert Murdoch, split into two separate parts. 21st Century Fox took over the broadcasting and movie parts of the original company. The other new company, News Corp, focused on publishing things like newspapers. This split was done to help each company manage its specific businesses better.
Contents
What 21st Century Fox Owned
Movie and TV Studios
21st Century Fox owned many well-known entertainment businesses. One of its main parts was Fox Entertainment Group. This group included the famous 20th Century Fox film studio. This studio made many popular movies you might have seen.
They also owned the Fox television network. This network broadcasts many TV shows across the United States.
International Networks
Beyond the U.S., 21st Century Fox had a strong presence in other countries. For example, they owned Star India. This company operates many popular TV channels across Asia.
The Disney Acquisition
A Big Change for Fox
On December 14, 2017, a very big event happened. The Walt Disney Company announced that it would buy most of 21st Century Fox's businesses. This deal was worth about $52 billion USD.
What Disney Bought
Disney bought many of the entertainment parts of 21st Century Fox. This included the famous 20th Century Fox movie studio. Disney also acquired Fox's partnership with National Geographic. This meant that many popular movies and TV shows became part of Disney's collection.
What Remained as Fox
Not everything was sold to Disney. Some important parts of 21st Century Fox stayed separate. These included the Fox Broadcasting Company (the main Fox TV network) and Fox News Channel. These parts were then spun off to form a new company called Fox Corporation. The big deal with Disney officially finished on March 20, 2019.
