After a failed attempt to buy Sky in 2010, Fox moved again to acquire 61% of the company through a $14.6 billion deal. The deal, however, faced opposition over concerns of potential over-concentration of power since Rupert Murdoch also owns stakes in other firms in the U.K.
Sky Plc and 21st Century Fox Inc. invested $6 million each to FuboTV. Along with other investors which generated a total of $15 million in Series B funding for the football streaming startup company.
TV and film company 21st Century Fox on Thursday announced that it would put up for sale its 47% stake in Star China TV for an undisclosed sum. The said stake will be bought by private equity firm China Media Capital and the TV channel operator's management.
A number of prominent institutional investors and proxy advisory firms have supported a resolution calling for a split of CEO-Chairman duties at 21st Century Fox.
Rights coverage and greater viewership are promised in the new deal between 21st Century Fox Inc and the German Bundesliga.
With a possible loss of USD3 billion and failure in the lower courts, telecommunications companies have gone up to the Supreme Court to decide on the legality of New York based Aereo.
The companies behind the movie 'The Wolverine' anticipated earning more than what they spent for the summer movie.
Warner Brothers' last minute bid for Thomas Tull failed to lure the producer; NBCUniversal succeeded.
News Corp and 21st Century Fox started trading off their assets which gave investors the crucial choice between two different firms.
News Corp announced it is splitting its entertainment business from its publishing empire.