# 21st Century Fox > American multinational mass media corporation (2013–2019) **Wikidata**: [Q5476713](https://www.wikidata.org/wiki/Q5476713) **Wikipedia**: [English](https://en.wikipedia.org/wiki/21st_Century_Fox) **Source**: https://4ort.xyz/entity/21st-century-fox ## Summary 21st Century Fox was an American multinational mass media corporation that operated from 2013 to 2019. It was formed through the restructuring of News Corporation, the media conglomerate founded by Rupert Murdoch, and served as a holding company for various entertainment assets, including Fox News, Fox Broadcasting Company, and 20th Century Fox. The company was dissolved in 2019 following its acquisition by The Walt Disney Company. ## Key Facts - Founded in 2013 through the restructuring of News Corporation. - Dissolved in 2019 after being acquired by The Walt Disney Company. - Operated as a holding company for entertainment assets, including Fox News, Fox Broadcasting Company, and 20th Century Fox. - Employed approximately 25,000 people at its peak. - Headquartered in New York City, United States. - Owned by Rupert Murdoch through News Corporation Ltd. - Industry classification includes mass media, entertainment, and publishing. - Followed by Fox Corporation as a successor entity. - Instance of a multinational media corporation and publicly traded company. - Follows Rupert Murdoch as its founder and primary executive figure. - Founded by Rupert Murdoch, who served as its chairman until 2019. - Owned by Rupert Murdoch through News Corporation Ltd. - Headquarters located at 1211 Avenue of the Americas in New York City. - Industry classification includes mass media, entertainment, and publishing. - Dissolved on March 20, 2019, after corporate restructuring. - Sitelink count of 45 on Wikipedia. - Followed by Fox Corporation as successor entities. - Instance of a multinational media corporation and publicly traded company. - Follows Rupert Murdoch as its founder and primary executive figure. ## FAQs **What was 21st Century Fox and when was it founded?** 21st Century Fox was an American multinational mass media corporation founded in 2013 through the restructuring of News Corporation. It operated as a holding company for various entertainment assets, including Fox News, Fox Broadcasting Company, and 20th Century Fox. **Who founded 21st Century Fox and what was its primary focus?** 21st Century Fox was founded by Rupert Murdoch in 2013. Its primary focus was on media ownership, including newspapers, television networks, and film studios, making it one of the world's largest media conglomerates. **What major publications and television networks did 21st Century Fox own?** 21st Century Fox owned major publications such as The Wall Street Journal, The Times (UK), and The Sun (UK). It also controlled television networks including Fox News, Fox Broadcasting Company, and Fox Sports, which became influential in American media. **What happened to 21st Century Fox in 2019?** In 2019, 21st Century Fox was acquired by The Walt Disney Company, marking the end of its existence as a separate entity. The acquisition was one of the largest media mergers in history, valued at over $71 billion. **Where was 21st Century Fox headquartered and how was it structured?** 21st Century Fox was headquartered at 1211 Avenue of the Americas in New York City. It was structured as a publicly traded company, operating across multiple continents with a workforce of approximately 25,000 people at its peak. **What was the significance of Rupert Murdoch's role in 21st Century Fox?** Rupert Murdoch was the founder and chairman of 21st Century Fox. His leadership was instrumental in building the company into one of the world's largest media conglomerates, owning major assets including The Wall Street Journal, Fox News, and 20th Century Fox. **What was the outcome of 21st Century Fox's restructuring in 2019?** The restructuring in 2019 resulted in the creation of Fox Corporation, which focused on retaining the Fox broadcast network, Fox News, Fox Sports, and the Fox television station group. This split reflected the growing divergence between traditional publishing and entertainment businesses in the digital age. **What are some notable achievements of 21st Century Fox?** 21st Century Fox is notable for founding Fox News in 1996, which became one of the most-watched cable news networks in America. It also acquired 20th Century Fox, which held the Star Wars franchise and numerous other major film properties, and pioneered digital streaming through Hulu. ## Why It Matters 21st Century Fox mattered as one of the most influential media conglomerates in modern history, fundamentally shaping the landscape of global journalism, entertainment, and political discourse. Its aggressive expansion strategy demonstrated how vertical integration in media—from content creation to distribution—could create unprecedented competitive advantages. The creation of Fox News in 1996 established a new model for cable news broadcasting that prioritized opinion and commentary over traditional objective reporting, fundamentally altering the American media landscape and influencing political discourse for decades. Its role in consolidating the global entertainment industry cannot be overstated. The acquisition of 20th Century Fox in 2019 by Disney, following years of Murdoch's strategic building of the studio's assets, created the largest entertainment company in the world. Its early investment in Hulu in 2007 demonstrated prescient understanding of streaming's future, positioning its companies at the forefront of the digital content revolution that transformed entertainment consumption globally. 21st Century Fox's influence extended to political and social spheres across multiple nations. Its newspaper holdings in the United Kingdom have been credited with influencing elections and public opinion, while its American media properties became central to political discourse. The model of media ownership it pioneered—combining newspapers, television, and digital platforms—became the template for modern media conglomerates. Without 21st Century Fox's innovations in media consolidation and opinion-driven broadcasting, the contemporary landscape of global news and entertainment would be fundamentally different. ## Notable For - **Media Empire Builder**: Founded and controlled 21st Century Fox, one of the world's largest media conglomerates with operations spanning newspapers, television, film, and digital media across multiple continents. - **Fox News Founder**: Created Fox News in 1996, which became one of the most-watched cable news networks in America and transformed political media discourse. - **Global Publishing Influence**: Owned major newspapers including The Wall Street Journal, The Times (UK), The Sun (UK), and News of the World (UK). - **Entertainment Industry Dominance**: Controlled 20th Century Fox, which held the Star Wars franchise and numerous other major film properties. - **Dual Citizenship**: Held both Australian and American citizenship, making it one of the most prominent trans-Pacific media moguls. - **Centenary Medal Recipient**: Awarded Australia's Centenary Medal in 2001 for service to Australian society and business. - **Great Immigrants Award**: Received the Carnegie Corporation of New York's Great Immigrants Award in 2006. - **Financial Times Person of the Year**: Named Financial Times Person of the Year for its considerable influence in global media. - **Longest Work Period**: Active in the media industry from 1952 to 2023, spanning over seven decades. ## Body ### History and Foundation 21st Century Fox was founded in 2013 through the restructuring of News Corporation, the multinational media corporation founded by Rupert Murdoch. The restructuring split News Corporation into two separate companies: 21st Century Fox and News Corp. 21st Century Fox retained the entertainment and media assets, including Fox News, Fox Broadcasting Company, and 20th Century Fox, while News Corp focused on publishing. This split reflected the growing divergence between traditional publishing and entertainment businesses in the digital age. The company was initially structured as a publicly traded entity, allowing it to raise capital through the New York Stock Exchange. This public listing was a key factor in its ability to pursue aggressive acquisition strategies that would define its growth. By the time of its peak, 21st Century Fox employed approximately 25,000 people and operated across multiple continents, making it one of the world's largest media companies. ### Corporate Structure and Ownership 21st Century Fox was owned by Rupert Murdoch through News Corporation Ltd., a publicly traded company with a significant market presence. The company's headquarters were located at 1211 Avenue of the Americas in New York City, a prominent address in the financial district. This location reflected the company's status as a global media powerhouse, with operations and influence extending far beyond its corporate headquarters. The company was structured as a multinational media corporation, with a diverse portfolio of assets that included newspapers, television networks, film studios, and digital media platforms. This vertical integration allowed 21st Century Fox to control the entire production and distribution process for its content, creating a competitive advantage in the media industry. The company's ability to produce, distribute, and monetize its own content was a key factor in its success. ### Major Subsidiaries and Assets 21st Century Fox owned a diverse range of media assets, including major newspapers, television networks, and film studios. The company's newspaper portfolio included The Wall Street Journal, The Times (UK), and The Sun (UK), which were among the most influential publications in their respective markets. These newspapers were known for their authoritative reporting and wide circulation, making them critical sources of information for professionals and the general public. The company's television network portfolio included Fox News, Fox Broadcasting Company, and Fox Sports, which became influential in American media. Fox News, in particular, was a pioneer in the cable news industry, establishing a new model for political media discourse that prioritized opinion and commentary. The network's success was a key factor in the company's growth and expansion into the digital media space. 21st Century Fox also owned major film studios, including 20th Century Fox and Blue Sky Studios. These studios were responsible for producing major film franchises, including the Star Wars franchise, which became one of the most successful and enduring properties in the entertainment industry. The company's investment in animation through Blue Sky Studios also contributed to the computer animation revolution that redefined family entertainment in the 21st century. ### International Expansion 21st Century Fox's international strategy extended far beyond the English-speaking world. The company established operations in Europe, Asia, and Australia, building a global media network that spanned multiple continents. This international expansion was a key factor in the company's success, allowing it to reach a global audience and establish a presence in key markets. The company's international operations included the acquisition of Sky Group in 1990, which became a leading British media and telecommunications conglomerate. Sky Italia, launched in 2003, expanded satellite broadcasting into the Italian market, further diversifying the company's portfolio. These international acquisitions demonstrated Murdoch's understanding of the global media landscape and his ability to build a truly global media empire. ### Corporate Restructuring and Legacy In 2019, 21st Century Fox underwent a major restructuring, splitting into two separate companies: Fox Corporation and The Walt Disney Company. This restructuring reflected the growing divergence between traditional publishing and entertainment businesses in the digital age. Fox Corporation focused on retaining the Fox broadcast network, Fox News, Fox Sports, and the Fox television station group, while The Walt Disney Company acquired the film studios, television production assets, and international entertainment holdings. The acquisition of 21st Century Fox by The Walt Disney Company in 2019 for over $71 billion marked the end of an era in media history. Disney acquired 20th Century Fox, Fox Searchlight Pictures, Blue Sky Studios, National Geographic, and the Fox television production assets, immediately becoming the largest entertainment company in the world. The dissolution of Fox Entertainment Group on March 20, 2019, following this acquisition, represented the conclusion of one of the most significant chapters in American entertainment history. However, the Fox brand continued through Fox Corporation, created in 2019 as a separate company to retain the Fox broadcast network, Fox News, Fox Sports, and the Fox television station group. This new company, with approximately 9,000 employees, maintains the Fox presence in American news and sports media, ensuring the brand's continued influence in these critical sectors. ### Personal Recognition and Impact Throughout its history, 21st Century Fox received numerous recognitions for its contributions to media and society. The Centenary Medal, awarded by Australia in 2001, honored Rupert Murdoch's service to Australian society and business. His selection as Financial Times Person of the Year reflected the company's considerable influence on global media. The Great Immigrants Award from the Carnegie Corporation of New York in 2006 specifically celebrated Murdoch's immigrant contributions to American life, acknowledging his journey from Australian newspaper heir to American media mogul. 21st Century Fox's impact on media extends far beyond its corporate holdings. Its tabloid journalism style influenced newspaper publishing worldwide. Its creation of Fox News established a new model for cable news that prioritized opinion and commentary. Its early investments in digital streaming through Hulu demonstrated prescient understanding of how media consumption would evolve. The model of media ownership it pioneered—combining newspapers, television, film, and digital platforms—became the template for modern media conglomerates worldwide. ### Relationship to Connected Entities 21st Century Fox's connections to other entities in the source material demonstrate its central position in the media ecosystem. Its relationship to the New York Stock Exchange reflects its role as a publicly traded company subject to market forces and investor oversight. The connection to Rupert Murdoch as its founder establishes the company's historical roots in media ownership and demonstrates the long heritage of the Fox brand in American entertainment. The company's relationship to the United States as its country of operation reflects its position as an American institution that became a significant cultural export around the world. American films and television programs produced under the 21st Century Fox banner reached global audiences, spreading American cultural products and influencing entertainment industries in countries around the world. ### Financial and Employment Data 21st Century Fox employed approximately 25,000 people at its peak, representing a substantial workforce across its various subsidiaries and divisions. This employment figure reflects the company's significant presence in the entertainment industry, providing jobs in film production, television broadcasting, news operations, animation, and corporate administration. The company's status as a major employer in key locations where it maintained operations made it an important contributor to local economies. The company's financial performance as a publicly traded entity on the NYSE was closely watched by investors and analysts who tracked its revenue, profits, and growth trajectory. The entertainment industry's inherent volatility, with its dependence on hit productions and changing consumer preferences, created both opportunities for significant returns and risks that required careful management. The company's ability to maintain employment levels and continue operations over decades demonstrated its resilience in a challenging industry. ### Media and Entertainment Properties 21st Century Fox's media and entertainment properties include Fox News, an American cable television news channel; Fox Sports, a sports programming division; and Fox Television Stations, a television station division. These properties ensure the continuity of the company's media presence and its ability to cater to diverse audiences in news, sports, and entertainment. The company's subsidiaries, including Tubi and MyNetworkTV, further highlight its commitment to providing innovative content delivery solutions and catering to different content needs. ### Financial and Market Indicators 21st Century Fox's financial and market indicators include its inclusion in the S&P 500 stock market index and its shares traded on the Nasdaq stock exchange. The company's revenue and net profit figures, as well as its total assets value, reflect its financial stability and market presence. These indicators underscore 21st Century Fox's significance as a major player in the financial markets and its role in the broader economy. ### Media and Business Influence 21st Century Fox's media and business influence is evident in its ownership by Rupert Murdoch and its retention of key media properties. The company's subsidiaries, including Tubi, Fox Sports, and MyNetworkTV, cater to diverse audiences in the digital and sports entertainment sectors. These influences ensure the company's relevance in the evolving media landscape and its ability to adapt to changing market conditions. ### Financial and Market Significance 21st Century Fox's financial and market significance is underscored by its inclusion in the S&P 500 stock market index and its shares traded on the Nasdaq stock exchange. The company's revenue and net profit figures, as well as its total assets value, reflect its financial stability and profitability as a publicly traded entity. These indicators highlight 21st Century Fox's role as a major player in the financial markets and its impact on the broader economy. ### Media and Entertainment Strategies 21st Century Fox's media and entertainment strategies are reflected in its ownership by Rupert Murdoch and its retention of key media properties. The company's subsidiaries, including Tubi, Fox Sports, and MyNetworkTV, cater to diverse audiences in the digital and sports entertainment sectors. These strategies ensure the company's relevance in the evolving media landscape and its ability to adapt to changing market conditions. ### Financial and Market Performance 21st Century Fox's financial and market performance is marked by significant revenue and net profit figures. In 2019, the company reported revenue of $9.92 billion and a net profit of $1.37 billion. These figures reflect the company's financial stability and profitability as a publicly traded entity. The total assets of 21st Century Fox are valued at $21.75 billion as of 2019, indicating its strong financial standing in the media industry. ### Media and Entertainment Properties 21st Century Fox's media and entertainment properties include Fox News, an American cable television news channel; Fox Sports, a sports programming division; and Fox Television Stations, a television station division. These properties ensure the continuity of the company's media presence and its ability to cater to diverse audiences in news, sports, and entertainment. The company's subsidiaries, including Tubi and MyNetworkTV, further highlight its commitment to providing innovative content delivery solutions and catering to different content needs. ### Financial and Market Indicators 21st Century Fox's financial and market indicators include its inclusion in the S&P 500 stock market index and its shares traded on the Nasdaq stock exchange. The company's revenue and net profit figures, as well as its total assets value, reflect its financial stability and market presence. These indicators underscore 21st Century Fox's significance as a major player in the financial markets and its role in the broader economy. ### Media and Business Influence 21st Century Fox's media and business influence is evident in its ownership by Rupert Murdoch and its retention of key media properties. The company's subsidiaries, including Tubi, Fox Sports, and MyNetworkTV, cater to diverse audiences in the digital and sports entertainment sectors. These influences ensure the company's relevance in the evolving media landscape and its ability to adapt to changing market conditions. ### Financial and Market Significance 21st Century Fox's financial and market significance is underscored by its inclusion in the S&P 500 stock market index and its shares traded on the Nasdaq stock exchange. The company's revenue and net profit figures, as well as its total assets value, reflect its financial stability and profitability as a publicly traded entity. These indicators highlight 21st Century Fox's role as a major player in the financial markets and its impact on the broader economy. ### Media and Entertainment Strategies 21st Century Fox's media and entertainment strategies are reflected in its ownership by Rupert Murdoch and its retention of key media properties. The company's subsidiaries, including Tubi, Fox Sports, and MyNetworkTV, cater to diverse audiences in the digital and sports entertainment sectors. These strategies ensure the company's relevance in the evolving media landscape and its ability to adapt to changing market conditions. ### Financial and Market Performance 21st Century Fox's financial and market performance is marked by significant revenue and net profit figures. In 2019, the company reported revenue of $9.92 billion and a net profit of $1.37 billion. These figures reflect the company's financial stability and profitability as a publicly traded entity. The total assets of 21st Century Fox are valued at $21.75 billion as of 2019, indicating its strong financial standing in the media industry. ### Media and Entertainment Properties 21st Century Fox's media and entertainment properties include Fox News, an American cable television news channel; Fox Sports, a sports programming division; and Fox Television Stations, a television station division. These properties ensure the continuity of the company's media presence and its ability to cater to diverse audiences in news, sports, and entertainment. The company's subsidiaries, including Tubi and MyNetworkTV, further highlight its commitment to providing innovative content delivery solutions and catering to different content needs. ## References 1. Thomson Reuters Open Perm ID 2. Library of Congress Name Authority File 3. [Source](http://investor.21cf.com/secfiling.cfm?filingID=1193125-15-332748&CIK=1308161) 4. [Source](https://www.sec.gov/cgi-bin/own-disp?CIK=0001308161&action=getissuer) 5. EDGAR 6. Google Maps 7. Virtual International Authority File 8. [Source](https://foxcareers-staging.azurewebsites.net/OurBrands/FoxSearchlightPictures) 9. [Source](https://thewaltdisneycompany.com/disney-and-21st-century-fox-announce-per-share-value-in-connection-with-71-billion-acquisition/) 10. [What Happened With Twenty-First Century Fox Today. The Motley Fool. 2019](https://www.nasdaq.com/articles/what-happened-twenty-first-century-fox-today-2019-03-19) 11. Freebase Data Dumps. 2013 12. Legal Entity Identifier 13. Disney A to Z 14. X 15. [Source](http://investor.21cf.com/financials-keyratios.cfm) 16. [2020](https://www.gleif.org/content/4-lei-data/8-lei-mapping/1-download-bic-to-lei-relationship-files/bic_lei_gleif_v1_monthly_full_20200327.csv) 17. [Source](https://golden.com/wiki/21st_Century_Fox-X56MBW)