History
Fox Entertainment Group formed in the 1980s after the purchase of the Metromedia-owned Metromedia#Television stations, independent stations by the 20th Century Fox film studio, at the time jointly owned by Australian-American media mogul Rupert Murdoch's News Corporation, and Denver billionaire Marvin Davis. These stations would later become the foundation of the Fox Broadcasting Company, Fox television network (launched in October 1986), which would become the foundation of the company (named after the TV network) itself. Not long after the Metromedia deal was made, Murdoch purchased Davis's shares and News Corp assumed full control of the film studio, which was then placed within Fox Entertainment Group. In 1995, Saban Capital Group, Saban entered into a joint venture with the Fox Kids, Fox children's television network to form Fox Kids Worldwide, which was best known for the first ten ''Power Rangers'' series. In 1997 it was renamed Fox Family Worldwide. On July 23, 2001, it was announced that Fox Family Worldwide (now ABC Family Worldwide Inc.) would be sold to The Walt Disney Company, Disney from News Corporation and businessperson Haim Saban. On October 24, 2001, the sale was completed. On August 14, 1998, Fox launched an initial public offering as a publicly traded company, trading on the New York Stock Exchange (NYSE,) while Fox Entertainment Group's address has been moved from Los Angeles to New York City. The company has traded on the NYSE since its launch under ticker symbol FOX until its acquisition in 2005 by News Corporation. In January 2005, shortly after News Corporation reincorporation in the United States, News Corp announced that it was buying out Fox. The maneuver delisted Fox from the New York Stock Exchange; Fox Entertainment Group traded on the NYSE under the ticker FOX. In 2012, Rupert Murdoch announced that News Corporation would be split into two publishing and media-oriented companies: a News Corp, new News Corporation, and 21st Century Fox, which operated the Fox Entertainment Group and 20th Century Fox and other studios. Murdoch considered the name of the new company a way to maintain the 20th Century Fox's heritage as the group advances into the future. In January 2017, Fox Entertainment Group and 20th Century Fox formed FoxNext, which would handle video game developments, VR experiences and theme park businesses. After Disney completed the Acquisition of 21st Century Fox by Disney, acquisition of the 21st Century Fox assets on March 20, 2019, Fox Entertainment Group assets became Disney properties and are now reorganized under other Disney units. The Fox Entertainment name would later be used by the Fox Corporation for its entertainment assets.Units
Transferred to Walt Disney Studios (division), The Walt Disney Studios
* 20th Century Fox * 20th Century Fox Animation * Blue Sky Studios * 20th Century Fox Consumer Products * 20th Century Fox#Fox Family, Fox Family Entertainment * Disney Theatrical Group#Buena Vista Theatrical, Fox Stage Productions * Fox 2000 Pictures * Searchlight Pictures, Fox Searchlight Pictures * Regency Enterprises, New Regency Productions (80%, joint venture with Regency Enterprises) * Boom! Studios (minority stake) * Fox Studios Australia * Zero Day Fox * Fox MusicTransferred to Walt Disney Direct-to-Consumer & International
* Fox Star Studios * Hulu (30%) * Hulu, Hulu Documentary Films * 20th Century Fox Home Entertainment * Fox-Paramount Home Entertainment (joint venture with Paramount Home Media Distribution)Transferred to Disney Parks, Experiences and Products
* FoxNext * Aftershock Studios * 20th Century Fox World (Malaysia), 20th Century Fox World (licence to Genting Highlands, Resort World by Genting Group)See also
* Fox on DemandReferences
{{Los Angeles Dodgers owners American companies established in 1990 American companies disestablished in 2019 Defunct broadcasting companies of the United States Entertainment companies based in California Companies based in Los Angeles Los Angeles Dodgers owners Former News Corporation subsidiaries Entertainment companies established in 1990 Entertainment companies disestablished in 2019 Mass media companies established in 1990 Mass media companies disestablished in 2019 1990 establishments in California 2019 disestablishments in California Defunct mass media companies of the United States