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Fox International Channels Philippines
Fox Networks Group (FNG) is a subsidiary of The Walt Disney Company that oversees international television assets that were acquired from 21st Century Fox. It produces and distributes more than 300 entertainment, film, sports and factual channels in 45 languages across Europe, Middle East, Africa and Asia (also formerly in Latin America before rebranded to Star on February 22, 2021), using several brands, including Fox, Fox Sports, and BabyTV. Among their non-linear brands were Fox Play and Fox Plus. These brands reached over 1.725 billion households around the world. Until March 2019, the group also included the U.S. unit which consisted of Fox Television Group, Fox Cable Networks, Fox Sports Media Group, Fox News Group, National Geographic Partners, and Fox Networks Digital Consumer Group. Following Disney's acquisition of 21CF, FNG's U.S. unit was dispersed between the Murdoch's Fox Corporation and Walt Disney Television, while the non-U.S. units (previously known as Fo ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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