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New World Pictures (also known as New World Entertainment and New World Communications Group, Inc.) was an American independent production, distribution, and (in its final years as an autonomous entity) multimedia company. It was founded in 1970 by Roger Corman and Gene Corman as New World Pictures, Ltd., a producer and distributor of motion pictures, eventually expanding into television production in 1984. New World eventually expanded into broadcasting with the acquisition of seven television stations in 1993, with the broadcasting unit expanding through additional purchases made during 1994. 20th Century Fox (then owned by News Corporation), controlled by Rupert Murdoch, became a major investor in 1994 and purchased the company outright in 1997; the alliance with Murdoch, particularly through a group affiliation agreement with New World reached between the two companies in May 1994, helped to cement the Fox network as the fourth major U.S. television network. Although ef ...
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Holdings Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits such as t ...
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Fox Family Worldwide
ABC Family Worldwide is a subsidiary of Walt Disney Television that is responsible for the operations of the U.S. cable network Freeform. The company was originally formed as International Family Entertainment, a spin-off of the Christian Broadcasting Network's cable network The Family Channel. In 1993, IFE acquired the assets of defunct British ITV broadcaster Television South, whose holdings included the library of U.S. studio MTM Enterprises. In 1996, IFE was acquired by News Corporation; the MTM library was melded into 20th Century Fox Television's library, while the remainder was melded into Fox Kids Worldwide (a merger of its Fox Kids unit with Saban Entertainment), to form Fox Family Worldwide. Fox and Saban planned to leverage the popular Fox Kids lineup to turn The Family Channel—which was re-branded as the Fox Family Channel following the purchase—into a competitor to other children's-oriented cable channels such as Nickelodeon, Disney Channel, and Cartoon Network ...
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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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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Fourth Television Network
In American television terminology, a fourth network is a reference to a fourth commercial broadcast (over-the-air) television network, as opposed to the Big Three television networks that dominated U.S. television from the 1950s to the 1980s: ABC, CBS and NBC. When the U.S. television industry was in its infancy in the 1940s, there were four major full-time television networks that operated across the country: ABC, CBS, NBC and the DuMont Television Network. Never able to find solid financial ground, DuMont ceased broadcasting in August 1956. Many companies later began to operate television networks which aspired to compete against the Big Three. However, between the 1950s and the 1980s, none of these start-ups endured and some never even launched. After decades of these failed "fourth networks", many television industry insiders believed that creating a viable fourth network was impossible. Television critics also grew jaded, with one critic placing this comparison in the str ...
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Fox Broadcasting Company
The Fox Broadcasting Company, commonly known simply as Fox and stylized in all caps as FOX, is an American commercial broadcast television network owned by Fox Corporation and headquartered in New York City, with master control operations and additional offices at the Fox Network Center in Los Angeles and the Fox Media Center in Tempe. Launched as a competitor to the Big Three television networks ( ABC, CBS, and NBC) on October 9, 1986, Fox went on to become the most successful attempt at a fourth television network. It was the highest- rated free-to-air network in the 18–49 demographic from 2004 to 2012 and again in 2020, and was the most-watched American television network in total viewership during the 2007–08 season. Fox and its affiliated companies operate many entertainment channels in international markets, but these do not necessarily air the same programming as the U.S. network. Most viewers in Canada have access to at least one U.S.-based Fox affiliate, either ...
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