Division | |
Industry | Film, television |
Founded | 1990 |
Headquarters | Fox Plaza, Century City, Los Angeles |
Products | Motion pictures, television programs |
Revenue | $13.28 billion USD (2012) |
$3.3 billion USD (2012) | |
$4.98 billion USD (2012) | |
Number of employees
|
12,100 (2012) |
Parent | 21st Century Fox |
Website | www |
The Fox Entertainment Group is an American entertainment company that operates through four segments, mainly filmed entertainment, television stations, television broadcast networks, and cable network programming. The company is wholly owned and controlled by the American media conglomerate 21st Century Fox, which is owned and chaired by Rupert Murdoch, since the company acquired all the stock of Fox. The transaction was completed on March 12, 2005. The division was part of the renamed 21st Century Fox after it had spun off its publishing divisions into the newly formed "New" News Corporation in 2013 as part of a corporate re-organization.
It is named after William Fox, born Wilhelm Fuchs, who created the original Fox Film Corporation. Jim Gianopulos is currently the chairman of Fox Entertainment Group, a position he shared with Tom Rothman until 2012.
Fox Entertainment Group was formed in the 1990s after the purchase of the Metromedia-owned independent stations by the 20th Century Fox film studio, at the time jointly owned by Australian media mogul Rupert Murdoch's News Corporation, and Denver billionaire Marvin Davis. These stations would later become the foundation of the Fox television network (launched in October 1986), which would become the foundation of the company (named after the TV network) itself. Not long after the Metromedia deal was made, Murdoch purchased Davis's shares and News Corp assumed full control of the film studio, which was then placed within Fox Entertainment Group.