20th Century Fox (film only)

by ABBY ELYSSA
[20] 20th Century Fox Logo

[20] 20th Century Fox Logo

HISTORY

Twentieth Century Fox Film Corporation, or 20th Century Fox, is one of America’s top six film studios and a film distributor overseen by 21st Century Fox. The corporation was formed in 1935, after the Twentieth Century Pictures and the Fox Film Corporation merger. William Fox, a film distributor, founded the Fox Film Corporation in 1914. When the Great Depression hit, the Fox Film Corporation had trouble financing its high-tech equipment, prompting the merger. Joseph Schenck and Darryl F. Zanuck founded Twentieth Century Pictures in 1933. In 1981, Marvin Davis, who eventually sold it to publisher Rupert Murdoch in 1985, bought the corporation. Murdoch consolidated both his film and television companies into Fox Inc., which was under News Corporation. In 2013, it split into two publishing and television/film companies, News Corporation and 21st Century Fox respectively. Its two highest grossing films were both of James Cameron’s Avatar (2009) and Titanic (1997) [1].

TOP EXECUTIVES

James N. Gianopulos, Chairman & CEO

James N. Gianopulos, [2]        Chairman & CEO

Stacey Snider, Co-Chairman

Stacey Snider,                                         [3] Co-Chairman

FINANCIALS

In 2014, 20th Century Fox released 24 films domestically. The films are produced and/or distributed by the following companies: Twentieth Century Fox and Fox2000 (mainstream audiences), Fox Searchlight Pictures (specialized audiences), and Twentieth Century Fox Animation (animated films). Fox International Productions, Inc. co-produces, co-finances and acquires local-language motion pictures for international distribution. This year, the corporation plans to release 26 motion pictures total.

The corporation generates revenue through film distribution for theatrical exhibition in America, Canada and international markets, the distribution of films and other programming in various media formats, the distribution of films and other programming for exhibition on premium pay and subscription video-on-demand (SVOD), and through the distribution of films on free television networks and other broadcast program services.

In 2014, the corporation released approximately 1,249 produced and acquired titles, up from 1,230 the previous year. The Corporation also had 1,004 international releases, up from 934 the previous year. 20th Century Fox also continued its arrangement to distribute DreamWorks Animation’s new release animated films and other catalog motion pictures and programming. It plans to distribute three DreamWorks films in 2015. Last year, 20th Century Fox also continued its worldwide home video distribution agreement with Metro-Goldwyn-Mayer (MGM), Lions Gate Films Inc. (Lions Gate) (U.S. only) and Anchor Bay Entertainment, LLC (Anchor Bay) (U.S. and Canada) [4].

IN THEATERS

“Kingsman: The Secret Service”

The action/adventure drama stars Colin Firth, Samuel L. Jackson, Mark Strong, Taron Egerton and Michael Caine. The film was directed by Matthew Vaughn and is based on the comic book “The Secret Service” by Dave Gibbons and Mark Millar. The film follows a spy organization with a new and young recruit and outside technological threats [5].

The film was released on February 13, 2015. Its opening weekend (President’s Day Weekend) grossed $36.2 million and received a #2 rank in 3,204 theaters, averaging 11,300 per theater, 29% its total gross. It grossed $124.7 million domestically and $266.8 overseas ($391.6 worldwide) [6]. The film is especially popular in South Korea, with a record-breaking $40 million at the box office, out-grossing James Bond and Jason Bourne. It’s Korea’s biggest hit since Avatar [7].

“Home”

Home is a 3-D animated comedy, distributed by 20th Century Fox that stars Jim Parsons, Rihanna, Jennifer Lopez and Steve Martin. The film was directed by Tim Johnson and is based on the children’s book The True Meaning of Smekday by Adam Rex. The film follows a runaway alien who ends up on planet Earth and finds a friend in search of adventure as well [8].

The film was released on March 27, 2015 and grossed $52.1 million its opening weekend. DreamWorks Animation, which produced the film, estimated an opening gross between $30-35 million. The film opened at #1 in 3,708 theaters, averaging $14,053 per theater, 39.8% its total gross [9]. Home also pulled in an international gross of $25.4 million, higher than its projected $24 million. The film’s domestic total is $130.8 million and $112.6 overseas ($243.5 million worldwide) [10].

“The Longest Ride”

The romantic drama based on Nicholas Sparks’ novel of the same name, stars Scott Eastwood, Britt Robertson, Jack Huston and Oona Chaplin. The film was directed by George Tillman, Jr. and follows the lives of two couples from different time periods facing the same relationship troubles [11].

The film was released on April 10, 2015 and grossed $13 million its opening weekend ranking #3. It opened in 3,366 theaters and averaging $3,868 per theater, 86.6% its total gross. Its domestic total is $15 million and $2.8 million overseas ($17.8 million worldwide) [12]. This is a good opening weekend for a Nicholas Sparks’ adaptation. The Longest Ride is above last year’s The Best of Me ($10 million), and is grossing similar figures as The Notebook and Nights in Rodanthe. The film is projected to earn $30 million against a $34 million budget [13].

UPCOMING

Poltergeist (May 22, 2015)

The supernatural thriller is a remake of the 1982 film of the same name and stars Sam Rockwell, Jared Harris and Rosemarie Dewitt. The film was directed by Gil Kenan and follows a suburban family living in a haunted home with their daughter held captive [14].

Spy (June 5, 2015)

The action comedy stars Melissa McCarthy, Jason Stratham, Rose Byrne, Miranda Hart, Bobby Cannavale, Allison Janney and Jude Law. The film was directed by Paul Feig and is about an unlikely CIA analyst who goes on the agency’s most dangerous missions and tries to halt a global disaster [15].

THE FUTURE

On April 11, 2015, 20th Century Fox passed the $1 billion box office mark. This is the fastest time the company reached this since 2010 after Avatar was released. Kingsman: The Secret Service and Home have been major assets, and are still in 31 and 69 markets respectively [16].

20th Century Fox is currently teaming up with Hasbro to create a Play-Doh movie, based on the manufacturer’s modeling clay. The corporation is in contact with director Paul Feig (Bridesmaids, Spy) and screenwriter Jason Micallef for the project [17].

The corporation also seeks to expand its international YouTube presence. 20th Century Fox plans to do this through a deal with U.K. based tech group, Rightster [18]. Rightster currently manages the corporation’s branded content in Europe and Latin America. The  two-year deal will let Rightster manage 20th Century Fox’s YouTube marketing strategy for 35 of its channels. This will focus on channel management and audience  development, with execution of content and influencer-driven viral marketing campaigns [19].

SOURCES

[1] “20th Century Fox Film Corporation: American Motion-Picture Studio.” Britannica. 20 Aug. 2014. Web. 9 Apr. 2014.

[Image, James] Lang, Brent. “Fox’s Jim Gianopulos Leads Studio Through Uncertain Times.” Variety. 19 Aug. 2014. Web. 16 Apr. 2015.

[2] “Management.” 21st Century Fox. Web. 9 Aug. 2014.

[3] “Stacey Snider Joins 20th Century Fox Today As Co-Chairman.” Deadline Hollywood. 3 Nov. 2014. Web. 16 Apr. 2015.

[4] “Annual Reports.” 21st Century Fox. Web. 13 Aug. 2014.

[5] “Kingman: The Secret Service.” IMDb. Web. 15 Apr. 2015.

[6] “Kingsman: The Secret Service.” Box Office Mojo. Web. 13 Apr. 2015.

[7] Cunningham, Todd. “How ‘Kingsman: The Secret Service’ Blew Away Bond, Bourne in South Korea.” The Wrap. 23 Mar. 2015. Web. 14 Apr. 2015.

[8] “Home.” IMDb. Web. 15 Apr. 2015.

[9] “Home.” Box Office Mojo. Web. 15 Apr. 2015.

[10, 13] Subers, Ray. “Weekend Report: ‘Furious 7’ Repeats, Sets Opening Day Record in China.” Box Office Mojo. 12 Apr. 2015. Web. 16 Apr. 2015.

[11] “The Longest Ride.” IMDb. Web. 16 Apr. 2015.

[12] “The Longest Ride.” Box Office Mojo. Web. 16 Apr. 2015.

[14] “Poltergeist.” Movie Insider. Web. 16 Apr. 2015.

[15] “Spy.” IMDb. Web. 16 Apr. 2015.

[16] Busch, Anita. “Fox Hits $1B International Box Office Mark.” Deadline Hollywood. 6 Apr. 2015. Web. 15 Apr. 2015.

[17] Siouty, Michelle. “20th Century Fox and Hasbro in Talks to Create Play-Doh…the Movie.” Movie Pilot. 17 Apr. 2015. Web. 15 Apr. 2015.

[18] Harrington, John. “Rightster Group Deepens Relationship with 20th Century Fox.” Proactive Investors. 17 Apr. 2015. Web. 17 Apr. 2015.

[19] Jarvey, Natalie. “20th Century Fox Pacts With Rightster to Bolster YouTube Presence Abroad.” Hollywood Reporter. 16 Apr. 2015. Web. 17 Apr. 2015.

[20] “20th Century Fox Logo.” Fox Movies. Web. 17 Apr. 2015.

20th Century Fox

By: Yonah Nimmer

– Photo Courtesy of filmbaza.net [I]

 

Contact Information: [II]
Phone: (310) 369-4636
Twentieth Century Fox Film Corp.
10201 West Pico Boulevard,
Los Angeles, California 90035
Website: http://www.foxmovies.com/

 

                                                        Key Executives:

         Rupert-Murdoch   771304-chase-carey
                    Rupert Murdoch                                          Chase Carey
          (Chairman and Chief Executive Officer)      (President and Chief Operating Officer)

         – Photo Courtesy of Luxedb.com [III]       – Photo Courtesy of theaustralian.com [IV]

 

        jrm new cropped 3  john-nallen-final  david_hill_color-correction

James Murdoch                    John Nallen                        David Hill
            (Co-Chief Operating Officer)              (Senior Executive Vice Presidents)

– Photos are Courtesy of 21cf.com [V]

 

                                  jim595
                                                       James N. Gianopulos
                                                   (Chairman and CEO of Film)

– Photo Courtesy of Hollywoodgreekreporter.com [VI]

———————————————————————————————————

Company Overview
          Twentieth Century Fox Film Corporation, commonly referred to as 20th Century Fox, is one of the six major American film studios. The company was founded nearly eighty years ago on May 31st, 1935, as a result of the merge between Twentieth Century Pictures and Fox Film Corporation [VII]. Fifty years later, in 1985, this studio continued to blossom, becoming a subsidiary of News Corporation [VIII]. In 2013 however, News Corporation separated into News Corp and 21st Century Fox, with the latter preserving Twentieth Century Fox Film Corporation. Based in Los Angeles California, this studio is currently the second largest film studio, following Warner Brothers [IX]. While involved in all aspects of the film industry, this company mainly focuses on film production and distribution. 20th Century Fox is infamous for creating everything from their thriving Star Wars series to the highest grossing film worldwide, Avatar [X].

 

Financials
          In 2013, 20th Century Fox had a total domestic gross of $1.06 billion dollars, a 4% growth from profits in 2012. Having 18 films released that year, each film made an average of $87.5 million in profit [XI]. So far in 2014, (through December 1st), 20th Century Fox has seen their best results of the past decade, grossing a total of $1.5 billion domestically [XII].
          In the 3rd quarter of 2014, including the months of July, August, and September, the studio grossed $427 million through 9 films that played in theaters around the globe. Only 3 of these, Dawn of the Planet Apes, Let’s Be Cops, and The Maze Runnerwere actually released during this time period though. With budgets of $34 and $17 million, both Let’s Be Cops and The Maze Runner were successful in breaking even during opening weekend. Nonetheless, neither of them can compare their profits to Dawn of the Planet Apes. While the budget for this sequel was $170 million, the film gathered a total gross of $708 million. From just this one movie, 20th Century Fox profited over $530 million [XIII].
         In the 4th quarter on the other hand, a mere 2 films were produced and distributed, Gone Girl and The Book of Life. Both of these movies were a huge success, grossing $416 million for the studio [XIV].

 

GONE GIRL

[a]
         Gillian Flynn adapted her best selling novel, Gone Girl, into an American mystery thriller film directed by the infamous David Fincher. This movie tells the story about NickDunne, a husband who discovers his wife is missing. Unfazed by the matter, neighbors question his strange behavior, eventually discovering his web of lies. Family, friends, and acquaintances are all forced to contemplate the same question: Did he kill his wife? [XV]

         With lead actors such as Neil Pattrick Harris, Rosamund Pike, and Ben Affleck, crowds flocked to watch this film on opening night, October 3rd, 2014 Gone-Girl-2014-film-poster[XVI]. Available in 3,014 theaters, this film grossed $37.5 million opening weekend. It topped the box office charts, making more than the new release, AnnabelleWhile that sounds like a large sum of money, it is merely 62% of the $61 million budget. Expanding to 3,249 theaters, the film eventually came up on top benefiting $159 million domestically and $171 million in the foreign market. Currently its in 8th week in theaters, the film has grossed $330 million worldwide [XVII].

The Book of Life

[b]
         The Book of Life, an animated film directed by Jorge R. Gutierrez, tells the legend of Manolo, a troubled dreamer, who embarks on an epic journey THE-BOOK-OF-LIFE-TEASER-QUADthrough mythical, magical, and mysterious worlds in order to protect his village and rescue his true love [XVIII].

20th Century Fox continues to castA-list actors in the film such as Christina Applegate, Channing Tatum, and Ice Cube. This PG rated movie had a budget of $50 million. Released in 3,071 theaters, The Book of Life racked in $17 million on opening weekend, October 17th-19th. It was third on the box office charts, $500,000 behind Gone Girl, (which was on it’s 3rd week at the time). Domestically, this film grossed $48 million, which makes up 55.6% of their earnings. The foreign market on the other hand made $38 million, totaling $86 million internationally [XIX].

What’s in Store for the Future?
         20th Century Fox has already scheduled the distribution dates for their next 46 films, all the way up to the release of Puss in Boots 2 on December 21st, 2018 [XX]. Throughout 2014, the studio has produced 13 films thus far, with the plan of 3 more to come [XXI].

 

This December 5th, Fox is releasing The Pyramid, a horror movie about a group of
archaeologists that file_122327_0_thepyramidheaderbecome trapped in an ancient Egyptian pyramid [XXII]Gregory Levasseur, the director, is a successful screenwriter in the industry with no previous directing experience [XXIII].
On December 12th, Fox will release Exodus: Gods and Kings, a modern depiction on
the defiant leader, Moses, as he revolts against the Egyptian Pharaoh, Ramses. With a great use of visual effects and 3D immersion, the budget of this film is much greater than The Pyramid [XXIV]The director, Ridley Scott, who also directed Gladiatorexclaims that “this is his biggest epic yet” [XXV]. This movie includes well known actors such as Joel Edgerton and Christian Bale. With all that said, this film has received negative reviews, a 63% rating from Rotten Tomatoes. Nevertheless, 98% of audience members on the website still want to see it [XXVI].

Night-At-The-Museum-Robin-Williams

        Lastly, Fox is releasing their last film of the year, Night at the Museum: Secret of the Tombon December 19th [XXVII]. Seeing that the original Night at the Museum profited $575 million, the company has high hopes for this sequel [XXVIII]. It is once again directed by Shawn Levy, starring Ben Stiller, Owen Wilson, and Robin Williams. The biggest difference this time is that the iconic Robin Williams passed away recently. Without a doubt, many viewers will go see the film for the sole sake of seeing one of the last roles played by Williams [XXVII].

Overall, 20th Century Fox has had an extremely successful year. With hit films such as

Dawn of the Planet Apes, Gone Girl, and The Book of Life, they have accumulated 1.5 billion domestically this year. Nonetheless, the studio hopes to end off 2014 with a big bang through there next three upcoming movies. While this year was a success, that simply means they must do even better in 2015.

 

Sources:
[I] 20th Century Fox Logo Retrieved November 29, 2014.
[II] Fox Contact From October 6, 2011. Retrieved November 29, 2014.
[III] Rupert Murdoch Photo From July 21, 2011. Retrieved November 29, 2014.
[IV] Chase Carey Photo From May 10, 2012. Retrieved November 29, 2014.
[V] Murdoch, Nallen, & Hill Photos Retrieved November 29, 2014.
[VI] Jim Gianopulos Photo From April 20, 2009. Retrieved November 29, 2014.
[VII] Founded Retrieved November 29, 2014.
[VIII] Subsidiary Retrieved November 29, 2014.
[IX] Studio Size Retrieved November 29, 2014.
[X] Previous Projects Updated November 29, 2014. Retrieved November 29, 2014.
[XI] 2013 Statistics Updated November 29, 2014. Retrieved November 29, 2014.
[XII] 2014 Statistics Updated November 29, 2014. Retrieved November 29, 2014.
[XIII] 3rd Quarter Statistics Updated November 29, 2014. Retrieved November 29, 2014.
[XIV] 4th Quarter Statistics Updated November 29, 2014. Retrieved November 29, 2014.
[XV] Gone Girl Synopsis Retrieved November 29, 2014.
[XVI] Gone Girl Cast Retrieved November 29, 2014.
[XVII] Gone Girl Statistics Updated November 29, 2014. Retrieved November 29, 2014.
[XVIII] Book of Life Synopsis Updated November 29, 2014. Retrieved November 29, 2014.
[XIX] Book of Life Statistics Updated November 29, 2014. Retrieved November 29, 2014.
[XX] Upcoming Films Updated November 29, 2014. Retrieved November 29, 2014.
[XXI] 2014 Statistics Updated November 29, 2014. Retrieved November 29, 2014.
[XXII] The Pyramid Synopsis Updated November 29, 2014. Retrieved November 29, 2014.
[XXIII] Levasseur’s Past Work Retrieved November 29, 2014.
[XXIV] Exodus Synopsis Retrieved November 29, 2014.

[XXV] Ridley Scott Quote From August 17, 2014. Retrieved November 29, 2014.

[XXVI] Exodus Ratings Retrieved November 29, 2014.

[XXVII] Night at the Museum 3 Release Date Retrieved November 29, 2014.

[XXVIII] Original Night at the Museum Statistics Retrieved November 29, 2014.

[XXIX] Night at the Museum Cast Retrieved November 29, 2014.

 

Trailers

[a] Gone Girl Trailer From July 7, 2014. Retrieved November 29, 2014.

[b] Book of Life Trailer From May 29, 2014. Retrieved November 29, 2014.

20th Century Fox

by Jessica Kim
20th Century Logo

20th Century Fox Logo [1]

Contact Information: [2]
Twentieth Century Fox Film Corporation
10201 W Pico Blvd
Los Angeles, CA 90035
Phone: (310) 227-2211
Website: http://www.foxmovies.com

Key Executives: [3]

Rupert Murdoch – Chairman and Chief Executive Officer

James N. Gianopulos – Chairman & CEO 

 

Continue reading

20th Century Fox

20th_century_fox-25201

CONTACT

Twentieth Century Fox Film Corp
10201 West Pico Boulevard,
Los Angeles, California 90035

www.foxmovies.com
www.foxstudios.com
Phone: (310) 369-1000

KEY EXECUTIVES:

(http://www.theempressofdress.com/2012/12/02/20th-century-fox/)

[10] via The Empress of Dress Blog

 

Mr. Keith Rupert Murdoch, 82 years old
Chairman of the Board and CEO

HIS TEAM  [3]
Mr. Eduardo Echeverria – Senior VP of Latin America
Mr. Michael Peikoff – Senior VP of
Licensing and Merchandising
Mr. Robert Marick – Executive VP

 

BIO

Twentieth Century Fox Film Corporation, better known as 20th Century Fox, is one of the top six world-renowned American film studios. It is a fully-equipped studio with over 17 stages, based out of the Century City area of Los Angeles, California. It is a subsidiary of the major media conglomerate 21st Century Fox as of recent divisional affairs. Major motion pictures from the studio include Avatar, Star Wars, X-Men, and Independence Day. [5]

(http://www.theempressofdress.com/2012/12/02/20th-century-fox/)

[10] via Empress The Dress Blog

HISTORY

20th Century Fox began as Fox Film Corporation, which was started by movie theater chain entrepreneur William G. Fox. He began Fox Film Corporation when he merged his two companies Greater New York Film Rental and Fox Office Attractions Company in 1915, unknowingly creating the foundations of one of the biggest film production companies in American history. Fox Film Corporation eventually merged with Twentieth Century Pictures on May 31, 1935 to become what we know today as The Twentieth Century-Fox Film Corporation, or simply, 20th Century Fox. [1]

20th Century Fox is a subsidiary of the newly established 21st Century Fox. This past June 2013, mega-media distributor News Corporation (founded by Rupert Murdoch in 1979) was split into two separately traded companies; 21st Century Fox and News Corp. The film/media assets (20th Century Fox Studios) went to 21st Century Fox, and the publishing assets went strictly to News Corp. This highly anticipated split was achieved to appease long-term shareholders who were tired of the lesser of the successes, the publishing assets, from weighing down the stock. [4]

 

FINANCIAL SNAPSHOT

21st Century Fox (the owner of the subsidiary 20th Century Fox) is publicly traded on the NASDAQ under the ticker symbol FOXA. As of last week (Tuesday, November 5th) it has been an official quarter since the June 2013 split of News Corporation into News Corp and 21st Century Fox. Since the split, the quarter report reveals that 21st Century Fox profit has experienced a 44% profit loss. Net income for the past quarter was 1.26 billion or 54 cents a share [8] whereas a year ago, it was 2.23 billion or 94 cents a share. This drop may be due the launch of two new cable channels, FXX and Fox Sports 1, however Fox executives recognize their success take time. “We knew going in that building these networks would take a few years, not months, and many of our signature events and programs are yet to be launched” Chase Carey, Chief Operating Officer of 21st Century Fox, said. However in terms of studio revenue, there was a 9% increase to $2.12 billion in the past quarter, partially attributed to the sale of popular TV series New Girl to Netflix and strong movie releases such as The Wolverine and The Heat, although neither compared to last year’s blockbuster Ice Age: Continental Drift. [7]

 

CURRENT NEWS


book_thief_xlg

Via IMP Awards [16]

In Theaters now: 20th Century Fox recently released the young adult film The Book Thief on November 8, 2013, based on the best-selling novel. It tells of the journey of a young adopted girl, Liesel, and her life-changing experiences during World War II in Nazi-occupied Germany. Because of the film’s heavy theme and need to find its niche audience, it is being released gradually. Over opening weekend it was only released in four theaters (two in New York and two in LA), the second weekend it opened in 29 theatres, and its  major release will be November 27, over Thanksgiving weekend. [12] The film ranked #30 in terms of gross total and has made a total of $569,000 thus far, although greater success after its main release is highly anticipated. [11] On the same day The Book Thief was released, another 20th Century Fox motion picture, 12 Years A Slave, took box offices by storm. It is the story of Solomon Northup, a free black man from upstate New York, who is sold into slavery in the antebellum south. The movie is in its 5th week and ranks #8 on top grossing movies on the past weekend. It has made nearly 25 million dollars and is showing in 1,411 theatres. [11]

Past successes of the quarter include the drug trafficking thriller The Counselor (which currently ranks #18 in its 4th week) which has made $16,582,000. Ben Affleck and Justin Timberlake’s Runner Runner came in third in its opening weekend, after Gravity and Cloudy With A Chance Of Meatballs. Although it did not receive much praise from the critics, Runner Runner’s international release helped its numbers greatly. It grossed a domestic total of over 19 million dollars and adding this to its foreign box office totals, the film has earned over 60 million dollars. [14]

runner-runner-poster08

[17] via Chicago Now

Other films released this year include the indie teen romance The Spectacular Now, comedy The Internship, and 3-D animated kids movie Epic. In 2012, 20th Century Fox hits included Life Of Pi, Lincoln, and Diary Of  Wimpy Kid: Dog Days. [13]

 

WHAT’S TO COME?

Walking With Dinosaurs: The 3D Movie and The Secret Life of Walter Mitty will finish out 20th Century Fox’s releases of 2013. For 2014, Devil’s Due, Son of God, Mr. Peabody & Sherman, The Maze Runner, the extremely expensive sequels  X-Men: Days of Future Past, Dawn of the Planet of the Apes, are all in store. [13]

20th Century Fox recently began discussing plans for the creation of a theme park near Miami Florida’s Zoo, after its recent agreement to create one in Malaysia. The plan would consist of 70 acres of a traditional “Orlando-style” amusement park with rides and attractions themed around the studio’s recent hit movies, such as Rio, Ice Age, Life of Pi, and Night at the Museum. There would be a separate 16-acre water park, an expansive hotel, a movie theater (used for Fox film premiers), a concert hall, a shopping strip, and a sports park. The cost of the park is 1 billion dollars, although Fox is only looking to pay $800 million of it, and hopes Miami-Dade County can fund the rest. Although nothing is finalized yet, Fox projects a dual-phased opening, one in 2018 and one in 2020. [15]

SOURCES:

[1] The Studio Tour – Fox Timeline

[2] 20th Century Fox – Directory of Services

[3] BusinessWeek FOXA – Private Company Information

[4] Paid Content Article – News Corporation Split

[5] Fox Studio Chart – Box Office Mojo 

[6] IMDb The Book Thief

[7] News Corporation Split via The Guardian

[8] FOXA Stock graphs on MarketWatch.com

[9] Kell, John. Market Watch: 21st Century Fox profit drops 44%; Sales Gain

[10] Photos via Blog The Empress of Dress

[11] Box Office Mojo – Fox Weekend Chart Movies

[12] Background on The Book Thief via Yahoo! Entertainment News

[13] www.foxmovies.com – Fox main website

[14] IMDb Page – Runner Runner  

[15] Munzenreider, Ken. 20th Century Fox Has Plans for Major Theme Park Near Zoo Miami via miaminewtimes.com  

[16] The Book Thief Photo via IMP Awards

[17] Runner Runner Photo 

NewsCorp/Fox

by Adam Kloos
News_Corporation

News Corporation

FOX

Fox Broadcasting Station

[1][2]

Contact Information [3]:

1211 Avenue of the Americas

New York, NY, 10036 United States

(212)-852-7000

http://www.newscorp.com

Key Executives [6]:

Rupert-Murdoch-006

Rupert Murdoch, Chairman and CEO

[7]

Rupert Murdoch is the Chairman and Chief Executive Officer of News Corporation. He is very active within the company and continues to expand into new media outlets.

jose aznar

Jose Maria Anzar, President

[9]

Jose Maria Aznar is the president of News Corporation and former Prime Minister of Spain.

HRTS Kicks Off With "A Conversation With.. Chase Carey"

Chase Carey, President and COO

[10]

Chase Carey is the President and Chief Operating Officer of News Corporation.

19_bancroft_lgl

Natalie Bancroft, Director

[11]

Natalie Bancroft is the Director of Newscorp. She is part of the Bancroft family that used to own the Dow Jones Media [5].

gaude

Gaude Lydia Paez, Vice President of Corporate Communications

[12]

Gaude Lydia Paez is the Vice President of Corporate Communications at FOX Broadcasting Company.

Overview:

News Corporation is a corporation made up of a large number of various media businesses. News Corporation has assets in film, magazine, newspapers, direct satellite television, news, cable broadcasting, cable programming, television programming and broadcast, as well as sports teams and social media [4]. The media conglomerate was created and is currently under control of Rupert Murdoch, who according to Forbes is the 26th most powerful person in the world and the 91st richest[5]. News Corporation currently operates on 5 continents that include North America, South America, Europe, Asia, and Australia [8]. Their main competitors include CBS, NBC/Comcast, and Disney. The FOX Broadcasting Company was launched in 1986 as a fourth broadcast station that has been largely successful in competing with the Big Three. It owns 27 different stations in the US and many more internationally. Throughout the early 2000s until 2012 FOX was the number one watched station by young adults, 18-49 [13].

History:

The history of News Corporation stretches back to 1952, when Rupert Murdoch inherited ‘The Adelaide News,’ a newspaper company his father owned. After returning from school to run the company, Murdoch greatly improved its profits. From there he acquired a number of other newspapers throughout Australia and New Zealand before eventually moving to the British market in the mid-60s. In 1973 he turned his attention to the US where he began buying up American newspaper publishers. In 1980 he announced the creation of News Corporation as a global holding company [4].

In 1985, News Corporation acquired 50% of TCF Holdings which was the parent company of 20th Century Fox. In 1986, 20th Century Fox launched FOX, an alternative to the already existing broadcast stations ABC, CBS, and NBC [14]. In the early 90s, FOX signed a contract with the NFL, giving them the rights to broadcast NFL games on Sundays. Today FOX continues to be the preferred station of youner adults with popular shows such as The Simpsons, American Idol, Glee, Family Guy, Bones, and The X Factor [15].

What They Are Doing Presently?

In 2011, News Corporation was caught in a huge phone-hacking scandal that involved the family of a murdered British school girl by News of the World. There were also accusations of phone-hackings of the London subway bombing victims, families of deceased British soldiers, and an FBI investigation of possible phone-hackings of 9/11 victims. As a result of this, Rupert Murdoch shut down publication of the magazine, News of the World in England and 12 people were arrested. This scandal also caused the company to withdraw a $12 billion bid for shares of British Sky Broadcasting [16]. The arrests and investigation continued into late 2012. http://www.youtube.com/watch?v=ZIZNXZVNk74

Apart from the scandal, News Corporation announced in 2012 that they plan to split into two publicly traded holding companies. One division would take care of all film and television assets including 20th Century Fox film studio, Fox Broadcasting Company, and Fox News. The other would have control over the company’s publishing division that includes The Times of London, The Wall Street Journal, and The New York Post. Rupert Murdoch would remain chairman of both companies while Chase Carey would remain Chief Operating Officer of the entertainment and media company [17].

What Are Their Plans For The Future?:

Disney and News Corp. are currently in negotiations over the video streaming service Hulu. Jason Kilar, the current CEO of Hulu is planning to leave his postion, and the interim CEO for now is senior vice-president Andy Forssell. Once News Corp. and Disney finalize their negotiations, a permanent CEO will be named to take over Hulu. There has been recent talk of both Disney and News Corp. planning to buy out each others stake in the company. Both companies admitted that Hulu was losing money due to the high costs of liscensing television shows and computer servers [18].

Fox Broadcasting Company is looking forward to “Fox Now,” a collection of apps for mobile devices. These apps allow audiences to view their favorite FOX shows and allow viewers to be more interactive with the content. “T-Commerce” is part of the “Fox Now” app that enables viewers to shop online while watching the show New Girl. The items from the show such as clothing and other paraphenelia would be available to audiences in real time [13].

Programming:

americanidol

American Idol, 2002-present

[19]

American Idol has been a long running success on the Fox network. It first aired in 2002 and had been the number one watched show for eight consecutive seasons through 2011. The show is very interactive with the audience because the millions of viewers get to decide which contestants get to move on to the next round each week, before eventually choosing the winner [20].

simpsons

The SImpsons, 1989-present

[21]

The Simpsons is the longest running prime-time animated comedy series in the history of television. Created by Matt Groening in 1989, it is currently in its 24th season. The show focuses on the lives of a dysfunctional lower class family in Springfield. The show is typically family friendly [22].

family guy

Family Guy, 1999-present

[23]

Family Guy was created by Seth McFarlanein 1999. Family Guy has remained a hit on Fox since that time and gained an undeniable cult following. Also focusing on the lives of a dysfuncitonal working class family, this show contains content for more mature audiences with it’s slapstick and often raunchy humor. The show is currently in its 11th season [22].

Financials:

By the end of 2012, News Corporation had assets that equaled out to $63 billion and saw a revenue of $34 billion, the highest it had ever been. This was up from 2011 by about $500 million. The increase in revenue can be attributed to its deals with Netflix and Amazon.com for its sitcoms and films [6]. Currently a share of News Corporation is $30.68 [24]. This is improved from exactly one year ago when a share was going for $23.18. Stockholders have been pleased with the strong growth over the past few years, especially the 2011-2012 fiscal year.

Works Cited

1. http://www.logok.org

2. http://www.zenithotimedia.blogspot.com

3. http://www.hoover.com

4. http://www.corporatewatch.org

5. http://www.forbes.com

6. http://www.newscorp.com

7. http://www.guardian.co.uk

8. http://www.nndb.com

9. http://www.en.mediamass.net

10. http://www.hollywoodreporter.com

11. http://www.nymag.com

12. http://www.foxflash.com

13. http://www.thefutoncritic.com

14. http://www.thehistoryofcorporate.com

15. http://www.fox.com

16. http://www.poynter.org

17. http://www.money.cnn.com

18. http://www.news.yahoo.com

19. http://www.roniloren.com

20. http://www.tvguide.com

21. http://www.collegiatetimes.com

22. http://www.imdb.com

23. http://www.tv.com

24. http://www.wsj.com