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
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Research and Markets releases Analysing the Global Market for Movies & Entertainment
The global movies and entertainment industry has been witnessing lot of fluctuations in growth over the last couple of years. Combined with a changing technological landscape and a weak economic situation worldwide, the global movies and entertainment industry is an integral part of our society. Mergers and acquisitions has been a key trend in the global movies and entertainment industry and the integration of the industry has led to the globalisation of media conglomerates. Leading players are … [Read more...] about Research and Markets releases Analysing the Global Market for Movies & Entertainment
Chinese companies enter Top 30 Global Media Owners for the first time
The top media owner is Google, which is by some distance the world’s largest media owner, with revenues 47% higher than the second-largest, DirecTV. This gap has widened from 39% in last year’s edition of the report, as Google’s core search function has benefitted from the rapid rise in search volumes from smartphones and tablets. Among the rest of the top five, DirecTV remains in second place and Comcast remains in fifth. Disney has overtaken News Corporation to take third … [Read more...] about Chinese companies enter Top 30 Global Media Owners for the first time
News Corporation completes separation
New York - 21st Century Fox, formerly known as News Corporation, announced that it has completed the previously-announced separation of its business into two independent publicly-traded companies. The company distributed to its stockholders all outstanding shares of the new News Corporation. 21st Century Fox’s media and entertainment assets also include Fox Pan American Sports, film studio Twentieth Century Fox Film and television production studios Twentieth Century Fox Television … [Read more...] about News Corporation completes separation
News Corp’s Board of Directors approves separation of businesses
New York - News Corporation and the new News Corporation have announced that the separation of News Corporation into two distinct publicly traded companies - 21st Century Fox and the new News Corporation, has been formally approved by the company’s Board of Directors. The company also announced appointments to the Boards of Directors of both companies, effective upon the completion of the separation, which is expected to occur on June 28. In connection with the separation, the … [Read more...] about News Corp’s Board of Directors approves separation of businesses
News Corporation announces 21st Century Fox as new name for its independent media and entertainment company
New York - News Corporation has announced that 21st Century Fox will be the new name of the independent media and entertainment company created by the proposed separation of its businesses. 21st Century fox, which will be effective with the separation, replaces the previously announced name Fox Group. The announcement came after News Corp announced on June 28, 2012 its intent to pursue the separation of its business into two separate independent companies, one of which will hold the … [Read more...] about News Corporation announces 21st Century Fox as new name for its independent media and entertainment company
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