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Twenty-First Century Fox, Inc. history
Twenty-First Century Fox, Inc. company history timeline
While the company was originally announced as the Fox Group, on April 16, 2013, Murdoch announced the new name as a way to suggest the retaining of 20th Century Fox's heritage as the group advances into the future.
While the company was originally announced as the Fox Group, on April 16, 2013, Murdoch announced the new name as a way to suggest the retaining of 20th Century Fox's heritage as the group advances into the future. Its logo was officially unveiled on May 9, 2013, featuring a modernized version of the iconic Fox searchlights designed by Pentagram.
The formation of 21st Century Fox was officially finalized on June 28, 2013.
Murdoch stated that the changes, which were expected to be complete by June 2014, would "simplify the capital and operating structure" of 21st Century Fox and provide "improved liquidity" to shareholders.
In June 2014, 21st Century Fox made a bid to acquire Time Warner, which had similarly spun off its publishing assets, for $80 billion in a cash and stock deal.
On August 5, 2014, 21st Century Fox announced it had withdrawn its bid for Time Warner.
In December 2014, Fox-owned television studio Shine Group merged with Apollo Global Management's Endemol and Core Media Group to form Endemol Shine Group, which is jointly owned by 21st Century Fox and Apollo.
On December 9, 2016, 21st Century Fox announced it had made an offer to acquire the 61% share of Sky plc that it did not already own.
The Kingdom Holding Company, owned by Prince Al-Waleed bin Talal, sold its minority stake in 21st Century Fox during the fiscal quarter ending September 2017.
The sale was reported after Al-Waleed was arrested in early-November 2017 as part of an anti-corruption probe by the Saudi government.
On December 5, 2017, 21st Century Fox appointed Uday Shankar, chairman and CEO of Star India, as the company's president for Asia.
In 2017 the Disney Company agreed to purchase 20th Century Fox and most other holdings of 21st Century Fox.
On April 10, 2018, European Commission officials conducted an unannounced search of Fox Networks Group's West London offices, as part of an antitrust inquiry surrounding broadcast rights to sporting events.
At a shareholders' meeting the following week, it was revealed that the new company would simply be known as "Fox". On November 19, 2018, the deal was approved unconditionally by Chinese regulators.
The acquisition was expected to be completed by late January 2019, after remaining regulatory approvals are granted in China and the European Union.
The deal closed in 2019 and was valued at about \$71 billion.
In 2020 Disney changed the name of 20th Century Fox to 20th Century Studios.
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Twenty-First Century Fox, Inc. competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| ViacomCBS | 2019 | $14.5B | 12,700 | - |
| AMC Networks | 1980 | $2.4B | 2,197 | 31 |
| Meredith Corporation | 1902 | $3.0B | 7,915 | 42 |
| Sling TV | 2015 | $14.3B | 435 | - |
| Fox News | 1982 | $14.0B | 22,400 | 2 |
| A+E Networks | 1984 | $890.0M | 1,047 | 21 |
| Liberty Media | 1991 | $3.7B | 84 | - |
| Altice USA | 2016 | $9.0B | 9,000 | 179 |
| DISH Network | 1980 | $14.3B | 16,000 | - |
| Coco Communications Corp. | - | - | - | - |
Twenty-First Century Fox, Inc. history FAQs
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Twenty-First Century Fox, Inc. may also be known as or be related to TWENTY FIRST CENTURY FOX INC., Twenty-First Century Fox Inc and Twenty-First Century Fox, Inc.