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News Corporation. 1.History of News Corporation (20 th Century Fox) Subsidiary of News Corporation Subsidiary of News Corporation SubsidiaryNews Corporation.

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Presentation on theme: "News Corporation. 1.History of News Corporation (20 th Century Fox) Subsidiary of News Corporation Subsidiary of News Corporation SubsidiaryNews Corporation."— Presentation transcript:

1 News Corporation

2 1.History of News Corporation (20 th Century Fox) Subsidiary of News Corporation Subsidiary of News Corporation SubsidiaryNews Corporation SubsidiaryNews Corporation Industry Film Industry Film Industry Film Industry Film Founded May 31, 1935 (31/05/35), by merger of Fox Films (founded in 1915) and 20th Century Pictures, Inc. (founded in 1933) Founded May 31, 1935 (31/05/35), by merger of Fox Films (founded in 1915) and 20th Century Pictures, Inc. (founded in 1933)

3 20th Century Fox's most popular film franchises include Avatar, The Simpson's, Star Wars, Ice Age, Garfield, Alvin and the Chipmunks, X- Men, Die Hard, Alien, Speed, Revenge of the Nerds, Planet of the Apes, Home Alone, Dr. Do-little, Night at the Museum, Predator, Diary of a Wimpy Kid and The Chronicles of Narnia 20th Century Fox's most popular film franchises include Avatar, The Simpson's, Star Wars, Ice Age, Garfield, Alvin and the Chipmunks, X- Men, Die Hard, Alien, Speed, Revenge of the Nerds, Planet of the Apes, Home Alone, Dr. Do-little, Night at the Museum, Predator, Diary of a Wimpy Kid and The Chronicles of Narniafilm franchises Avatar The Simpson's Star Wars Ice Age Garfield Alvin and the Chipmunks X- Men Die Hard Alien Speed Revenge of the Nerds Planet of the Apes Home Alone Dr. Do-little Night at the Museum Predator Diary of a Wimpy Kid The Chronicles of Narniafilm franchises Avatar The Simpson's Star Wars Ice Age Garfield Alvin and the Chipmunks X- Men Die Hard Alien Speed Revenge of the Nerds Planet of the Apes Home Alone Dr. Do-little Night at the Museum Predator Diary of a Wimpy Kid The Chronicles of Narnia

4 A potted history 20 th Century Fox 20 th Century Fox With financial stability came new owners, and in 1978 control passed to the investors Marc Rich and Marvin Davis. With financial stability came new owners, and in 1978 control passed to the investors Marc Rich and Marvin Davis.Marc RichMarvin DavisMarc RichMarvin Davis By 1985 Rich has fled the US on tax evasion. Davis sold Rich's half of Fox to Rupert Murdoch's News Corporation. Six months later Davis sold his half of Fox, giving News Corp complete control. To run the studio, Murdoch hired Barry Diller from Paramount. Diller brought with him a plan which Paramount's board had refused: a studio-backed, fourth television network that was financed by advertising. By 1985 Rich has fled the US on tax evasion. Davis sold Rich's half of Fox to Rupert Murdoch's News Corporation. Six months later Davis sold his half of Fox, giving News Corp complete control. To run the studio, Murdoch hired Barry Diller from Paramount. Diller brought with him a plan which Paramount's board had refused: a studio-backed, fourth television network that was financed by advertising.Paramount 1986 the new Fox Broadcasting Company took to the air. Over the next 20-odd years the network and owned-stations group expanded to become extremely profitable for News Corp. 1986 the new Fox Broadcasting Company took to the air. Over the next 20-odd years the network and owned-stations group expanded to become extremely profitable for News Corp.Fox Broadcasting CompanyFox Broadcasting Company In 2008 Fox announced an Asian subsidiary, Fox STAR Studios, a joint venture with STAR TV, also owned by News Corporation. It was reported that Fox STAR would start by producing films for the Bollywood market, then expand to several Asian markets In 2008 Fox announced an Asian subsidiary, Fox STAR Studios, a joint venture with STAR TV, also owned by News Corporation. It was reported that Fox STAR would start by producing films for the Bollywood market, then expand to several Asian marketsSTAR TVBollywoodSTAR TVBollywood

5 News Corp ownership Founded in Australia in 1979 by Rupert Murdoch who owned a vast number of Australia's newspapers Founded in Australia in 1979 by Rupert Murdoch who owned a vast number of Australia's newspapers Rupert wanted global expansion into other mediums such as TV,Film,Cable,Satellite TV, Magazines etc and own other significant and iconic newspapers such as ‘The Times’ to add to his expanding portfolio Rupert wanted global expansion into other mediums such as TV,Film,Cable,Satellite TV, Magazines etc and own other significant and iconic newspapers such as ‘The Times’ to add to his expanding portfolio Rupert Murdoch is chairman and CEO and he likes to have various members of his family involved in his media empire, hence the CEO of News Corp in Europe & Asia is his son James Murdoch Rupert Murdoch is chairman and CEO and he likes to have various members of his family involved in his media empire, hence the CEO of News Corp in Europe & Asia is his son James Murdoch

6 Conglomerates What is a conglomerate? A conglomerate is a combination of two or more corporations engaged in entirely different businesses together into one corporate structure, usually involving several (or many) subsidiaries. Often, a conglomerate is a multi-industry company. Conglomerates are often large and multinational (across countries) What is a conglomerate? A conglomerate is a combination of two or more corporations engaged in entirely different businesses together into one corporate structure, usually involving several (or many) subsidiaries. Often, a conglomerate is a multi-industry company. Conglomerates are often large and multinational (across countries)corporationssubsidiariesmultinationalcorporationssubsidiariesmultinational News Corp is the 3 rd biggest media conglomerate in the world News Corp is the 3 rd biggest media conglomerate in the world


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