Profile: Twenty-First Century Fox Inc (FOX.OQ)
24 Feb 2017
Twenty-First Century Fox, Inc., incorporated on October 23, 2003, is a media and entertainment company. The Company's segments include Cable Network Programming; Television; Filmed Entertainment, and Other, Corporate and Eliminations. The Company's activities are conducted principally in the United States, the United Kingdom, Continental Europe, Asia and Latin America.
Cable Network Programming
The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies and online video distributors in the United States and internationally. Fox News Channel (FOX News) owns and operates the FOX News Channel, which is an all news national cable channel, and the FOX Business Network. FOX News also produces a weekend political commentary show, FOX News Sunday, for broadcast on local FOX television stations across the United States. FOX News, through its FOX News Edge service, licenses news feeds to be used as part of local news broadcasts across the United States and abroad. FOX News also produces and runs the Websites, FOXNews.com and FOXBusiness.com, and owns and produces the national FOX News Radio Network, which licenses news updates and long form programs to local radio stations and to satellite radio providers.
Fox Sports Net, Inc. (FSN, Inc.) is a regional sports network (RSN) programmer in the United States, focusing on live professional and collegiate home team sports events. As of June 30, 2016, FSN, Inc.'s sports programming business consisted primarily of ownership interests in 15 RSNs and various sub-regional feeds (the FSN RSNs) and National Sports Programming, which operates FSN, a national sports programming service. As of June 30, 2016, FSN was affiliated with an additional five RSNs that were not owned by FSN, Inc. (the FSN Affiliated RSNs). FSN provides the FSN RSNs and the FSN Affiliated RSNs with national sports programming, featuring original and licensed sports-related programming, as well as live and replay sporting events. Fox Sports 1 is a multi-sport national video programming network. Fox Sports 2 is a multi-sport national video programming network featuring live events from the Ultimate Fighting Championship (UFC) and National Association of Stock Car Auto Racing (NASCAR), along with college basketball, rugby, Australian Football League, soccer and motorsports programming. Fox Sports 1 features shows, such as The Herd and Speak for Yourself, original and documentary programming, and daily studio programming.
Fox Sports Racing is a video programming service consisting of motorsports programming, including NASCAR races, events and original programming (with coverage of the NASCAR Camping World Truck Series), The 24 Hours of Le Mans, AMA Supercross and Monster Jam. Fox College Sports consists of FCS Pacific, FCS Central and FCS Atlantic. Fox College Sports provides live and delayed collegiate events from a range of collegiate conferences, coaches' shows and collegiate highlight and magazine-format programming, which primarily comes from the FSN RSNs across the United States. Fox Soccer Plus is a video programming network, which showcased 350 live soccer and rugby competitions, as of June 30, 2016. Fox Deportes is a Spanish-language sports programming service distributed in the United States. In addition to live events, Fox Deportes also features multi-sport news and highlight shows, and daily studio programming, including Central FOX, La Ultima Palabra and FOX Deportes en Vivo. The Company holds interests in the Big Ten Network (BTN), a national video programming service dedicated to the collegiate Big Ten Conference and Big Ten athletics, academics and related programming.
FX Networks, LLC (FX) is a distributed general entertainment video programming network that telecasts a roster of original series, as well as acquired television series and motion pictures. FX's lineup for the 2016-2017 season includes the American Crime Story, American Horror Story, Fargo, The Americans, The Strain and Tyrant, as well as the first seasons of Legion and Taboo. FXX is a general entertainment video programming network aimed primarily at young adults. FXX's line-up includes various season episodes of the comedy series Archer, as well as episodes of It's Always Sunny in Philadelphia, Man Seeking Woman and You're the Worst. FXM is a general entertainment video programming network, which splits its programming into approximately two day parts. The Company holds interests in National Geographic Partners, LLC (National Geographic Partners). The National Geographic Channels air non-fiction, scripted and documentary programming on such topics as natural history, adventure, science, exploration and culture. The Company holds interests in Baby TV, a channel dedicated to infants and toddlers under approximately three years old.
The Company's Websites and applications provide live and/or on-demand streaming of network-related programming, and include FoxSportsgo.com and the application, Fox Sports Go, BTN2Go.com and the application BTN2Go, natgeotv.com and the application, Nat Geo TV, and FXnetworks.com and the application, FXNOW, which offer in season episode stacks of FX original series, a library of movies and all prior season episodes of The Simpsons in an interactive area of the Website and application called Simpsons World. Fox Networks Group (FNG) operates, develops and distributes internationally factual, sports, lifestyle, movie and general entertainment channels in various countries in Europe, Latin America, Africa, the Middle East and Asia, including the Fox+ service, Fox Channel, Fox Life (which is also distributed in the United States), FX, Fox Crime, FOX Traveller, the Voyage Channel, Fox Sports, STAR World, National Geographic Channel, Nat Geo Wild and Nat Geo People, as well as Chinese language television programming targeted at Chinese-speaking audiences in Asia, including Star Chinese Movies.
FNG Latin America distributes in Latin America basic television channels, as well as pay television channels, which are under the Fox+ brand. FNG owns and operates the Fox Sports networks in Latin America, which are Spanish-language sports networks that are distributed to subscribers in Latin America, except Brazil, as well as Fox Sports Brazil, a Portuguese-language sports network specifically geared to the Brazilian audience. As of June 30, 2016, FNG Europe and Africa distributed 150 basic television channels and sports channels, including Fox, Fox Crime, Fox Life and Fox Sports, in Europe and Africa. As of June 30, 2016, STAR India developed, produced and broadcasted 62 channels in eight languages, which were distributed primarily via satellite to local cable, Internet protocol television (IPTV) and direct-to-home (DTH) operators for distribution throughout Asia, the United Kingdom, Continental Europe, North America, the Middle East and parts of Africa to their subscribers.
The Television segment is engaged in the operation of broadcast television stations and the broadcasting of network programming in the United States. As of June 30, 2016, Fox Television Stations, LLC (Fox Television Stations) owned and operated 28 stations. As of June 30, 2016, Fox Television Stations owned and operated duopolies in 11 designated market areas (DMAs). FOX Broadcasting Company (FOX) had 207 FOX Affiliates, including 17 stations owned and operated by the Company, as of June 30, 2016. As of June 30, 2016, in general, each week FOX delivered to its affiliates 15 hours of prime-time programming, 60 minutes of late-night programming on Saturday and 60 minutes of news programming on Sunday. FOX's prime-time entertainment programming features such series as Empire, Last Man on Earth, Scream Queens, New Girl, Brooklyn Nine-Nine, Gotham, Lucifer and The Simpsons; unscripted series, such as Hell's Kitchen, Master Chef and the farewell season of American Idol; event series, such as The X-Files and Wayward Pines, and live event specials, such as Grease Live! and The Passion. FOX obtains programming from various television studios and independent television production companies pursuant to license agreements.
FOX distributes programming through its network-branded Website, FOX.com, and its FOXNOW and FSGo applications, and licenses programming for distribution through the Websites and applications of cable television systems, direct broadcast satellite operators, telecommunications companies and online video distributors. As of June 30, 2016, the programming distribution service, Master Distribution Service, Inc. (branded as MyNetworkTV), distributed two hours per night, Monday through Friday, of off-network programming from Twentieth Television and other third-party syndicators to its licensee stations. As of June 30, 2016, MyNetworkTV had license and delivery agreements covering 190 stations, including 10 stations owned and operated by the Company.
The Filmed Entertainment segment is engaged in the production and acquisition of live-action and animated motion pictures for distribution and licensing in all formats in all entertainment media, and the production and licensing of television programming around the world. Twentieth Century Fox Film (TCFF) produces, acquires and distributes motion pictures throughout the world under a range of arrangements. The motion pictures of TCFF are produced and/or distributed by various units of TCFF, such as Twentieth Century Fox and Fox 2000, which produces and acquires motion pictures for mainstream audiences; Fox Searchlight Pictures, which produces and acquires specialized motion pictures, and Twentieth Century Fox Animation, which produces feature length animated motion pictures. Fox International Productions, Inc. also co-produces, co-finances and acquires local-language motion pictures primarily for distribution outside the United States. Through Twentieth Century Fox Home Entertainment LLC and TCFF, the Company distributes motion pictures and other programming produced by units of TCFF, its affiliates and other producers in the United States, Canada and international markets in various home media formats.
Twentieth Century Fox Television produces, or has orders to produce, episodes of various television series, such as 24: Legacy, A.P.B., Bob's Burgers, Bones, Empire, The Exorcist, Family Guy, The Last Man on Earth, Making History, The Mick, New Girl, Pitch, Prison Break (Event Series), Rosewood, Scream Queens, Shots Fired (Event Series), The Simpsons, Sleepy Hollow, Son of Zorn, Star and Wayward Pines for FOX; American Horror Story for FX; Fresh Off The Boat, Last Man Standing, Modern Family and Speechless for ABC Television Network (ABC); The Carmichael Show and This Is Us for NBC broadcast network (NBC); Life in Pieces for CBS Television Network (CBS), and American Dad for Turner Broadcasting System (TBS). Fox21 Television Studios produces television programs for various the United States cable networks and subscription video-on-demand (SVOD) services, including American Crime Story, The Americans, Feud!, Tyrant and Sex&Drugs&Rock&Roll for FX; Dice and Homeland for Showtime Networks (Showtime); Queen of the South for USA Network (USA); Chance for Hulu, LLC (Hulu); Seven Seconds for Netflix; Genius for National Geographic Channel, and Salem for WGN America. Twentieth Television licenses both television programming and feature films for domestic syndication to television stations and basic cable services in the United States. Twentieth Television distributes a program portfolio that includes the Company's library of television and film assets, and first-run programming for sales to local stations, including stations owned and operated by the Company, as well as to basic cable networks.
The Company's motion picture and television library (the Fox Library) consists of varying ownership and distribution rights to various previously released motion pictures and television programs. Motion pictures in the Fox Library include various titles, such as The Sound of Music, Mrs. Doubtfire, Home Alone, the Star Wars series, the Die Hard series, the X-Men series, Independence Day, The Day After Tomorrow, the Ice Age series, The Planet of the Apes series, Sideways, Walk the Line, The Devil Wears Prada, Little Miss Sunshine, the Night at the Museum series, the Alvin and the Chipmunks series, Slumdog Millionaire, Juno, Life of Pi, the Taken series and 12 Years a Slave. The television programming in the Fox Library consists of such series as 24, How I Met Your Mother, King of the Hill, Prison Break, Boston Legal, My Name is Earl, The Mary Tyler Moore Show, Hill Street Blues, Doogie Howser, M.D., L.A. Law, The Wonder Years, The Practice, Ally McBeal, Angel, Dharma & Greg, In Living Color, The X-Files, Buffy the Vampire Slayer, The Cleveland Show, Arrested Development, Futurama, Glee, Sons of Anarchy, The Shield, Burn Notice, Malcolm in the Middle, Raising Hope, White Collar and NYPD Blue, as well as prior seasons of such series as The Simpsons, Bones, Family Guy, Modern Family, Homeland, New Girl, Last Man Standing, Bob's Burgers, American Dad, American Horror Story, Empire and Last Man on Earth.
Other, Corporate and Eliminations
The Other, Corporate and Eliminations segment consists primarily of corporate overhead and eliminations, and other businesses. The Company holds interests in Sky plc (Sky). Sky is an entertainment and communications provider. The Company also holds interests in Hulu, Tata Sky Limited and Vice Holdings Inc.
The Company competes with CNN, MSNBC, CNBC, Bloomberg Television, ESPN, NBC Sports Network, Golf Channel, NFL Network, NHL Network, NBA TV, MLB Network, Major League Baseball Advanced Media, Yahoo Sports, Twitter, USA, TNT, Spike TV, Home Box Office, Inc., Showtime Networks, Netflix, Amazon, YouTube, Discovery Channel, History, Animal Planet, Travel Channel, Science, VICELAND, American Heroes Channel, FYI, Tru TV, Discovery Communications, A&E Television Networks, ABC Television Network, NBC broadcast network, CBS Television Network and The CW Television Network.
Twenty-First Century Fox Inc
1211 Avenue of the Americas
NEW YORK NY 10036
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