NEW YORK – 21st Century Fox has invested US$100m in fledgling social broadcasting platform Caffeine, funding the creation of a studios division focused on eSports, video games and entertainment content. Fox has led a funding round in the platform, which revolves around gaming, entertainment and other creative content, while existing investors Andreessen Horowitz and Greylock Partners have also put in more money along with other undisclosed partners. The US$100m from Fox … [Read more...] about Fox invests $100m in social broadcasting platform Caffeine
21st Century Fox
Fox takes full control of Sky
James Murdoch, chief executive of 21st Century Fox, has revealed that the company intends to take full control of Sky, four years after it was forced to drop its plans to acquire BSkyB in the wake of a phone hacking scandal which embroiled News Corporation. In a detailed interview in the Hollywood Reporter (together with brother Lachlan) Murdoch notes that following the acquisition by BSkyB of its German and Italian counterparts and the separation of News Corporation’s print and TV assets, … [Read more...] about Fox takes full control of Sky
21st Century Fox Taking Majority Control of National Geographic Brand
Washington - 21st Century Fox and The National Geographic Society have been partners for 18 years and are expanding on this collaboration. A new JV will combine National Geographic Channels with the brand's other digital, media and publishing, travel and licensing assets. The new entity will be owned 73 percent by 21st Century Fox and 27 percent by The National Geographic Society, with a shared governance structure and equal representation on the board of directors. Consideration for the … [Read more...] about 21st Century Fox Taking Majority Control of National Geographic Brand
Management reshuffle at 21st Century Fox
The Board of 21st Century Fox has announced a series of senior management changes, which will take effect 1 July. Rupert Murdoch, the Company’s founder and Chairman and CEO, together with Lachlan Murdoch, currently Co-Chairman, will become Executive Co-Chairmen. Chase Carey, the Company’s Deputy Chairman, President and COO since 2009, will become the Executive Vice Chairman and serve in that role through 30 June 2016. James Murdoch, currently Co-Chief Operating Officer, will become … [Read more...] about Management reshuffle at 21st Century Fox
New joint venture ‘Endemol Shine Group’ launches
Details were announced regarding the new joint venture of 21st Century Fox and funds managed by affiliates of Apollo Global Management, LLC bringing together Endemol, Shine and CORE Media, to create a global entertainment group with a portfolio of international hits including Masterchef, American Idol, Big Brother, Broadchurch, The Money Drop, Peaky Blinders, Grantchester, Deal or No Deal, Wipeout, The Biggest Loser, Black Mirror, Mr. Bean, So You Think You Can Dance, One Born Every Minute, The … [Read more...] about New joint venture ‘Endemol Shine Group’ launches
North America Leadership Team announces new Joint Venture
In a series of announcements made, it was confirmed that Cris Abrego and Charlie Corwin will serve as Co-Chairmen and Co-CEOs North America of the new joint venture, which brings together Endemol, Shine Group and CORE Media. In their new roles, Abrego and Corwin will continue to report to Tim Hincks, President of the global multi-platform content provider, and will continue to spearhead day-to-day operations across Endemol’s operations in the U.S., in addition to assuming responsibility … [Read more...] about North America Leadership Team announces new Joint Venture