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Fox Corporation
Fox Corporation (stylized in all-caps as FOX Corporation) is a publicly traded American mass media company operated and controlled by media mogul Rupert Murdoch and headquartered at 1211 Avenue of the Americas in New York City. Incorporated in Delaware, it was formed in 2019 as a result of the acquisition of 21st Century Fox by the Walt Disney Company; the remaining assets that were not acquired by Disney were spun off from 21st Century Fox as Fox Corporation. Its stock began trading on March 19, 2019. The company is controlled by the Murdoch family via a family trust with 39.6% ownership share. Rupert Murdoch is chairman, while his son Lachlan Murdoch is executive chairman and CEO. Fox Corp. deals primarily in the television broadcast, news, and sports broadcasting industries. They include the Fox Broadcasting Company, Fox Television Stations, Fox News, Fox Business, the national operations of Fox Sports, and others. Its sister company under Murdoch's control, News Corp ...
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1211 Avenue Of The Americas
1211 Avenue of the Americas (also known as the News Corp. Building) is an International style (architecture), International style skyscraper on Sixth Avenue in Midtown Manhattan, New York City. Formerly called the ''Celanese Building'', it was completed in 1973 as part of the later Rockefeller Center expansion (1960s–1970s) dubbed the Construction of Rockefeller Center#1960s and 1970s, "XYZ Buildings". The Celanese Corporation later moved to Dallas, Texas. Currently, 1211 is owned by Ivanhoé Cambridge. The structure has a simple slab-like shape devoid of any decoration, its prosaic façade consisting of vertical alternating limestone and glass stripes. The façade stone piers are supernumerary; there are twice as many of them as structurally necessary. The glass bands are continuous and offer no indication of floor levels. These features ably create the visual lack of scale, so the tower does not look overly bulky. Background The building was part of the later Rockefelle ...
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Fox Entertainment
Fox Entertainment is an American production company owned by Fox Corporation. The company was formed in 2019 after The Walt Disney Company's acquisition of 21st Century Fox. The programming is created for the Fox Broadcasting Company, MyNetworkTV, and Tubi; Fox First Run serves as the syndication arm of the former, as well as a television distribution company for Fox Television Stations. History Fox Entertainment was formed in 2019 after Fox's former television studio, 20th Century Fox Television (among other assets), were acquired by Disney. On August 6, 2019, Fox Entertainment acquired animation studio Bento Box Entertainment. In April 2020, Fox Entertainment announced their partnership with Caffeine to bring the ''AniDom Beyond Show'', a recap show hosted by Andy Richter. Fox Entertainment planned to develop scripted and unscripted projects through a unit known as Sidecar, identifying and incubating programming for both Fox's broadcast network and third-party platforms. ...
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Sports Broadcasting
The broadcasting of sports events (also known as a sportscast) is the live coverage of sports as a television program, on radio, and other broadcasting media. It usually involves one or more sports commentators describing events as they happen. Origin The broadcasting of sports events (also known as a sportscast) is the live coverage of sports as a television program, on radio, and other broadcasting media. It usually involves one or more sports commentators describing events as they happen. Sportscaster's environment is usually in booth, sets, and radio or television studios. Depending on the sportscasters specific job it is a time sensitive job, especially when depending on a play by play, they cannot miss any action, and due to their job they have to be flexible with schedule. Sports broadcasters have a variety of sections to deliver footage and their job can provide postgame coverage and interviews with athletes and coaches. Sports casting is a big industry throughout the U ...
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News Industry
The news media or news industry are forms of mass media that focus on delivering news to the general public or a target public. These include news agencies, print media (newspapers, news magazines), broadcast news (radio and television), and the internet ( online newspapers, online news magazines, news websites etc.). History Some of the first news circulations occurred in Renaissance Europe. These handwritten newsletters contained news about wars, economic conditions, and social customs and were circulated among merchants. The first printed news appeared by the late 1400s in German pamphlets that contained content that was often highly sensationalized. The first newspaper written in English was ''The Weekly Newes,'' published in London in 1621. Several papers followed in the 1640s and 1650s. In 1690, the first American newspaper was published by Richard Pierce and Benjamin Harris in Boston. However, it did not have permission from the government to be published and was immedi ...
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Broadcast Industry
Broadcasting is the distribution (business), distribution of sound, audio or video content to a dispersed audience via any electronic medium (communication), mass communications medium, but typically one using the electromagnetic spectrum (radio waves), in a :wikt:one-to-many, one-to-many model. Broadcasting began with AM radio, which came into popular use around 1920 with the spread of vacuum tube radio transmitters and radio receiver, receivers. Before this, all forms of electronic communication (early radio, telephone, and telegraph) were wikt:one-to-one, one-to-one, with the message intended for a single recipient. The term ''broadcasting'' evolved from its use as the agricultural method of sowing seeds in a field by casting them broadly about. It was later adopted for describing the widespread distribution of information by printed materials or by telegraph. Examples applying it to "one-to-many" radio transmissions of an individual station to multiple listeners appeared as ...
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MarketWatch
MarketWatch is a website that provides financial information, business news, analysis, and stock market data. Along with ''The Wall Street Journal'' and ''Barron's'', it is a subsidiary of Dow Jones & Company, a property of News Corp. History The company was conceived as DBC Online by Data Broadcasting Corp. in the fall of 1995. The marketwatch.com domain name was registered on July 30, 1997. The website launched on October 30, 1997, as a 50/50 joint venture between DBC and CBS News run by Larry Kramer and with Thom Calandra as editor-in-chief. In 1999, the company hired David Callaway and in 2003, Callaway became editor-in-chief. In January 1999, during the dot-com bubble, the company became a public company via an initial public offering. After pricing at $17 per share, the stock traded as high as $130 per share on its first day of trading, giving it a market capitalization of over $1 billion despite only $7 million in annual revenues. In June 2000, the company formed a j ...
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Corporate Spin-off
A corporate spin-off, also known as a spin-out, or starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. Characteristics Spin-offs are divisions of companies or organizations that then become independent businesses with assets, employees, intellectual property, technology, or existing products that are taken from the parent company. Shareholders of the parent company receive equivalent shares in the new company in order to compensate for the loss of equity in the original stocks. However, shareholders may then buy and sell stocks from either company independently; this potentially makes investment in the companies more attractive, as potential share purchasers can invest narrowly in the portion of the business they think will have the most growth. In contrast, divestment can also sever one business from another, but the assets are sold off rather t ...
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The Walt Disney Company
The Walt Disney Company, commonly known as Disney (), is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. Disney was originally founded on October 16, 1923, by brothers Walt and Roy O. Disney as the Disney Brothers Studio; it also operated under the names the Walt Disney Studio and Walt Disney Productions before changing its name to the Walt Disney Company in 1986. Early on, the company established itself as a leader in the animation industry, with the creation of the widely popular character Mickey Mouse, who is the company's mascot, and the start of animated films. After becoming a major success by the early 1940s, the company started to diversify into live-action films, television, and theme parks in the 1950s. Following Walt's death in 1966, the company's profits began to decline, especially in the animation division. Once Disney's shareholders voted in Michael Eisner as the he ...
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Acquisition Of 21st Century Fox By Disney
The acquisition of 21st Century Fox by Disney was announced on December 14, 2017, and was completed on March 20, 2019. Among other key assets, the acquisition of 21st Century Fox by the Walt Disney Company included the 20th Century Fox film and television studios, U.S. cable/satellite channels such as FX, Fox Networks Group, a 73% stake in National Geographic Partners, Indian television broadcaster Star India, and a 30% stake in Hulu. Immediately preceding the acquisition, 21st Century Fox spun off the Fox Broadcasting Company, Fox Television Stations, Fox News Channel, Fox Business, Fox Sports 1 and 2, Fox Deportes, and the Big Ten Network as well as the 67%-owned Credible Labs into the newly formed Fox Corporation. Other 21st Century Fox assets such as the Fox Sports Networks and Sky were divested and sold off to third parties such as Comcast, Sinclair Broadcast Group and Yankee Global Enterprises. History Early developments (November 2017–April 2018) On November 6, 20 ...
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Delaware General Corporation Law
The Delaware General Corporation Law (Title 8, Chapter 1 of the Delaware Code) is the statute of the Delaware Code that governs corporate law in the U.S. state of Delaware. Adopted in 1899, the statute has since seen Delaware become the most important jurisdiction in United States corporate law. Delaware is considered a corporate haven because of its business-friendly corporate laws compared to most other U.S. states. Over half of publicly traded corporations listed in the New York Stock Exchange (including its owner, Intercontinental Exchange) and 66% of the ''Fortune'' 500, including Walmart, the world's largest company by revenue, are incorporated (and therefore have its domicile for service of process purposes) in the state. History Delaware acquired its status as a corporate haven in the early 20th century. Following the example of New Jersey, which enacted corporate-friendly laws at the end of the 19th century to attract businesses from New York, Delaware adopted on M ...
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All-caps
In typography, all caps (short for "all capitals") refers to text or a font in which all letters are capital letters, for example: "THIS TEXT IS IN ALL CAPS". All caps may be used for emphasis (for a word or phrase). They are commonly seen in legal documents, the titles on book covers, in advertisements and in newspaper headlines. Short strings of words in capital letters appear bolder and "louder" than mixed case, and this is sometimes referred to as "screaming" or "shouting". All caps can also be used to indicate that a given word is an acronym. Studies have been conducted on the readability and legibility of all caps text. Scientific testing from the 20th century onward has generally indicated that all caps text is less legible and readable than lower-case text. In addition, switching to all caps may make text appear hectoring and obnoxious for cultural reasons, since all-capitals is often used in transcribed speech to indicate that the speaker is shouting. All-caps text is ...
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Credible Labs
Credible Labs Inc., commonly known as Credible, is a financial technology company headquartered in San Francisco. The company also does business through its subsidiary Credible Operations, Inc. Its online marketplace offers consumers the ability to compare and refinance loans, mortgages, and other financial products from lenders. Credible became a subsidiary of Fox Corporation in 2019. In December 2021, Credible acquired digital insurance platform Young Alfred, adding various kinds of insurance including home, auto, and pet to its platform. Products and services The Credible marketplace allows consumers to compare financial products from multiple providers side by side. The company itself is not is a lender, a bank, or a credit card issuer. Instead, its integrations with lenders and credit bureaus allow the company to provide Pre-qualification (lending), pre-qualified rates based on a consumer's credit history, a capability that distinguished the company from comparison sites th ...
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