Top 10 Media & Broadcasting Companies in the World 2016

Posted in Top Brand Lists, Total Reads: 349
Advertisements

5. 21st Century Fox

21st Century Fox is an American mass media multinational, headquartered at New York.


Image: Wikimedia

It was formed as a result of a splitting of the assets of News Corporation in 2013, and is one of the most recognized brand names in the media industry. News Corporation was split into 21st Century Fox, which retains its media and broadcasting assets, and a new News Corporation, which retains the publishing assets.

Advertisements

However, it does not retain News Corporation’s broadcasting rights in Australia, which are still retained by the newly formed News Corporation. It was renamed carefully to denote its connection to the rich heritage of 20th Century Fox, which is housed along with other entertainment brands under the parent company brand of 21st Century Fox.

The company deals in the film and television industries. Its operations span across 6 continents, and are categorized into four major segments: television, filmed entertainment, cable network programming and direct broadcast satellite television. James Murdoch is the CEO of the company. The assets of 21st Century Fox include the Fox Entertainment Group (which owns the 20th Century Fox film studio and Fox Television Network), STAR TV and a 39.14% stake in Sky plc. In 2015, it announced a joint venture with the National Geographic Society. This joint venture will be called National Geographic Partners, and 21st Century Fox will hold a 73% stake in the venture, which will take ownership of all National Geographic media, including its magazine and television networks. It also owns the 20th Century Fox Film, which is the world’s largest producer and distributor of motion pictures. Star India is a fully owned subsidiary of 21st Century Fox, and broadcasts over 40 channels in 7 languages, reaching over 720 million every week across 100 countries. Fox Television Studio has produced some of the most popular TV shows of all time, which include Modern Family, How I Met Your Mother, Glee, 24, The Simpsons, Family Guy and Homeland.

Revenue: USD 26885 million

Net income: USD 2275 million