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
James Murdoch
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
Aamir Khan to helm MIP MegaSession
Paris – MIPCOM announced that top Indian actor-director-producer Aamir Khan will take to the stage for the inaugural MIP MegaSession, entitled ‘The Future of Factual.’ Organised by Reed MIDEM, the MIPCOM entertainment content tradeshow takes place in Cannes from October 13-16. Scheduled for October 14, the first ever MIP MegaSession will gather leading players driving the next generation of online and linear factual programming on the main stage of the Grand Auditorium to … [Read more...] about Aamir Khan to helm MIP MegaSession
BSkyB in talks to buy Murdoch’s Europe pay-TV businesses
Reuters – Britain's largest pay-TV company BSkyB is in talks to buy Sky Deutschland and Sky Italia, a €10 billion deal that would realise Rupert Murdoch's long-held ambition to combine his European TV interests in a single business. The potential tie-up would create a broadcaster with 20 million subscribers and more clout to deal with growing competition from rivals such as BT in sport as well as online groups like Netflix in movies and blockbuster TV shows. In 2010, Murdoch had … [Read more...] about BSkyB in talks to buy Murdoch’s Europe pay-TV businesses
Murdoch’s Fox sells Star China TV stake
New York — According to the Agence France-Presse, Rupert Murdoch's 21st Century Fox said Thursday it was selling its 47 percent stake in Star China TV, which operates three Mandarin-language television stations. Terms were not disclosed. Formed in 2010 and majority-owned by CMC, the joint venture operates three 24-hour channels: Xing Kong, Xing Kong International and Channel [V] Mainland China. It also operates the Fortune Star Chinese movie library. James Murdoch, Rupert … [Read more...] about Murdoch’s Fox sells Star China TV stake
News Corporation reduces stakes in Phoenix Satellite Television Holdings Limited
Hong Kong – Star Entertainment Holdings Limited, a wholly-owned subsidiary of News Corporation, has agreed to sell approximately 5.28% stakes in Phoenix Satellite Television Holdings Limited (Phoenix) for approximately US$92 million. Star Entertainment Holdings Limited’s total ownership stake in Phoenix will now be reduced to an estimated 12.16% following the sale. James Murdoch, Deputy Chief Operating Officer and Chairman and CEO, International, News Corporation, said, "Mr Liu … [Read more...] about News Corporation reduces stakes in Phoenix Satellite Television Holdings Limited