21st Century Fox (unit 8 assignment 1)

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Transcript of 21st Century Fox (unit 8 assignment 1)

By Charlie Bunn

21st Century Fox

Introduction• The News Corporation was the biggest monopoly in America with media mogul Rupert Murdoch as the CEO.• The company monopolised the media industry specialising in newspapers, film, television networks, satellite

TV and much more. • The News Corporation split into two different media corporations in 2013, one company is called ‘News

Corp’ and the other one is called ’21th Century Fox’. • In its current state News Corp is oriented towards publishing media and 21th Century Fox is oriented

towards moving image media, more specifically film production and film distribution.• Rupert Murdoch is still head of both companies• A monopoly is one big company that takes control of the market in media and takes in most of the profits in

the area.• Rupert Murdoch also owns other media asset's such as IGN entertainment , Fox news channel, harper

Collins news publisher.• 21st Century Fox is one of the worlds largest global companies.

Ownership and funding• Ownership and funding: Mr Murdoc remains chairman for both 20th Century Fox

and News Corp.• The company 21th Century Fox gets funding from cinemas, franchises, the public

and advertising, one of 21th Century Fox most recent biggest franchise is X-Men and Avatar which were massive hits in the box office.

• 21th Century Fox uses horizontal integration as they make and produce films, and distribute their own films for mass cinema exhibition across the world and domestic exhibition

• Assets owned by 21th Century Fox- owns Dead pool, Harry potter and the Simpson's movie, this asset gets money from the cinemas, franchised products, the public and advertisement.

The chairman and chief executive role

• James Rupert Jacob Murdoc is the Chairman and Chief executive of 21st Century Fox and in his role as a chief executer he has to come up with strategies and policies so that the 21th Century Fox company reaches its business goals. He also directs, plans and negotiates with public and private sectors so they can work together effectively. His job role as a chairman is to attend committee meetings and make sure everything runs perfectly well and orderly.

• Lachlan K. Murdoch is the Chairman of 21th Century Fox and his role is to keep control of the organisation and overviews, making sure the company work efficiently .

• Rupert Murdoch is a media mogul who has a major success with his two company's 21st Century Fox and News Corp, Rupert Murdoch's 21st Century Fox is in the top 5 media conglomerates in the world well as News Corp is in the top 10 media conglomerates.

Different businesses News Corp and 21st Century Fox owns across different media platforms

• News Corp and 21th Century Fox own a lot of different businesses across media platforms.

Some examples are…TV channelsPublisherNetworkSatellite TVNewspaperCinemas Radio

The sun news paperSky broadband with satellite TVSky radio21th century Fox studio movies featuring rise of the planet apeschannel fox featuring The Simpsons Plant of the apes

Key media assets Owned by 21st Century Fox

Key media assets

• Cable networking programme • Filmed Entertainment • Television• Direct Broadcast and satellite TV

Cable networking programme

FNG- cable and networking programming• FNG stands for Fox Network Group• Fox networks group is a combination

of other networks owned by Fox and is the primary operating unit of 21st Century Fox , FNG needs FTG (Fox Television Group) to be able to work together in order to distribute and produce to the world wide, mainly distributed a viewed by America population.

Fox Sports Regional Network and Fox Sports 1- cable and networking programming

• Fox Sports 1 is dedicated to sports and is the fastest growing multi national sports channel in America, this channel is viewed in roughly 90 million homes in America, this program features highlights of sports with over five thousand hours of live event.

• Fox Sports 1 can also be viewed on different media platforms such as mobile phones, computer and television.

• Fox sports network is a channel that provides local sports news, this channel produces more than 5,000 live events through its twenty two operated reginal network that is owned by 21st Century Fox and is shown throughout the year.

• Some reginal networks that has connection with Fox Sports Regional is Fox Sports Florida, Fox Sports Tennessee, Fox Sports Indiana, Fox Sports San Diego and many more.

BTN- cable and networking programming

• BTN stands for Big Ten Network

• What makes BTN different from other Fox Sports channels is that BTN is dedicated to college sports.

Fox Business Network- cable and networking programming

• FBN stands for Fox Business Network• Fox Business Network is a programme dedicated to

financial news within the country, this programme is viewed in over 80 million homes, Fox business network produces real time reports in New York head quarters about the financial issues and profits in America.

FNC- cable and networking programming

• FNC stands for Fox News Channel• The Fox News Channel is on air 24/7, this program is

committed to Breaking news, weather, political and business news.

• NFC has been viewed in America for over 14 years and is known as one of the most trusted News television programs. This program dominates and takes control of the news media as it is viewed in over 90 million homes.

Star India- cable and network programming

• Star India is shown in over 650 million homes a month throughout India and over one hundred different countries.

• Star broadcasts 40 plus channels in 8 different languages and produces 20,000 hours of broadcasting a year.

• Star reaches 9/10 television homes in India.• Star owns channels such as Star gold, Star world, Star movie,

Channel V and many more.• Indian movies are produced through Fox Star studio.

Digital TV Provision

• News corporation was interested in digitising India's broadcasting transitions and have now completed digitising India, as there is 250 million televisions in India, 30 million had digital TV channels and 120 million has some kind of multi channel, and as part of their role they want to expand the creative side in India.

• Star was created by News corporation however now that the company has split into two separate company's stars new owner is 21st Century Fox

• Mr Murdock stated “digitisation brings content distribution and connectivity together”, and this will help India see its creative potential.

• Digitisation will need funding of the government and broadcasting industry to think of ways to relax foreign direct investment.

• 21th Century Fox still owns Star TV which is featured in India as well as globally.

Filmed Entertainment

20th Century Fox Film- Film Entertainment

• 20th Century Fox film is known as the world’s most biggest and largest film producers and distributors in motion pictures.

• 20th Century Fox film creates and distributes motion picture to the world for everyone to buy or view the film.

• 20th Century Fox film owns the following units: Fox 2000 pictures, Fox searchlight pictures, 20th Century Fox animation, 20th Century Fox and Fox international production.

20th Century Fox Television- Film entertainment

• 20th Century Fox television is one of the most famous television show provider to primetime television and Emmy award winning television shows like Modern family, American horror stories and The Simpsons which is the longest scripted show in television history.

• 20th Century Fox rating for product quality has been off the charts for there outstanding reviews and the public thirst for the series produced by 20th Century Fox.

Fox 21 television studios- Film Entertainment

• Fox 21 television studio is dedicated to creating scripted series for streaming providers and cable networks.

• Fox 21 television created the golden globe award winning and Emmy award film for Homeland which then help boost the American crime story anthology.

Fox Home Entertainment-Film entertainment

• 20th Century Fox Home Entertainment is known globalized as the leading entertainment studio.

• TCFHE sells films and television programming world wide.

• TCFHE is distribution partners with Blu-ray, VOD, Ultra HD and Digital HD.

• Every year TCFHE introduces hundreds of new and enhanced products ready to be sold as retail shops and digital stores in the whole world.

Fox International Productions-Film Entertainment

• Fox International Productions is part of the largest producers and distributors of 21st Century Fox.

• Fox International Production is known globally as it sells its motion pictures content around the world.

• Fox international Production gains its content ready to be dispatched from 20th Century Fox studios

Endemol Shine Group-Film Entertainment

• Endemol Shine Group is a producer and distributor company.

• Endemol Shine Group is made up of 120 different businesses across more than 30 different Markets which are devoted to making products that can be inspirational to others.

• Endemol Sine Group helped create world wide hits such as Big Brother, The Money drop, deal or no deal and MasterChef.

Television

Fox- Television

• Fox is a broadcasting television company.• Fox owns the most successful and top rated series on

television.• Fox broadcasts for 15 hours of primetime programming as

well as airing the Sunday morning news and sport events.• Fox also owns an app called ‘Fox Now’, this app lets the

public view a variety of shows on any device that installs the app.

Fox sports- Television• Fox sports is committed to providing viewers with the latest news in

sports and features a wide range of different sports to be viewed by the public.

• Fox sports covers all areas in sports example NFL, NASCAR, Basketball and baseball.

• Fox sports advertises company brands like Nike and Red Bull which advertises to sell their products and this reaches above 100 million viewers in 1 weekend.

• Fox Sports also has several licenses which allows them to join to more than one website for a joint businesses.

Fox TV Station- Television

• Fox Television Station is one of America’s and 21st Century Fox largest operated and owned network broadcast groups.

• Fox Television Station owns 28 broadcasting stations in 17 markets that populates around 37% of America television at home.

• Fox television station has 7 duopolies in the top 10 markets of USA.

• Incase you were wondering duopoly is when 2 suppliers have control of the markets taking in most profits.

My Network TV- Television

• My Network TV is a broadcasting service that is aimed at adults age range between 18 to 49.

• My Network TV features 10 hours of diverse programming, this programming is aired from Monday to Friday and is viewed by over 97% of America’s population.

Direct broadcasting and satellite TV

Sky- Direct broadcasting and satellite TV

• Sky is Europe’s most popular television entertainment company.• Sky serves 21 million customers from 5 separate countries that includes UK, Austria,

Ireland, German and Italy.• Sky offers the very best range of broadcast content as well as delivery services to

provide customers with the best TV experience than any other company, this allows the customer to watch their favorite program whenever and wherever the viewer wants.

• Sky has revenue of more than £11 billion and is Europe’s popular investor in television.• Sky has a budget of £4.9 billion• Sky has 30,000 employees • Sky is listen on London’s stock exchange.

Conclusion • 21st Century Fox has come a long way in history and still remains in the top 10 media

industries of all time.• During this research I have been able to expand my knowledge of what an oligopoly is.• In my opinion I think 21st Century Fox is one of the most successful media company's

that have ever existed in history.• I personally feel like 21st Century Fox brings everyone closer to technology inventing

new ideas to put in production to show and inspire the world to show stories that bring feelings to everyone whether that be sad or happy or romantic or terrifying. 21st Century Fox shows people beyond this world and creates a whole entire new universe that will forever keep expanding and create memories people could only dream about.