Fox Entertainment Group
| Company type | Division |
|---|---|
| Industry | Film, Television |
| Predecessor | TCF Holdings |
| Founder | Rupert Murdoch |
| Defunct | 2019 |
| Fate | Assets redistributed among various Disney divisions |
| Successors | Fox Entertainment, Walt Disney Studios |
| Headquarters | Century City, Los Angeles, California , U.S. |
| Products | Motion pictures, television programs |
| Revenue | $13.28 billion USD (2012) |
| $3.3 billion USD (2012) | |
| $4.98 billion USD (2012) | |
Number of employees | 12,100 (2012) |
{{Infobox company
| name = Fox Entertainment Group
| logo =
| logo_caption = Logo used until 2019
| type = Division
| traded_as =
| predecessor = TCF Holdings
| foundation =
| fate = Assets redistributed among various Disney divisions
| successors = Fox Entertainment
Walt Disney Studios
| hq_location = Fox Plaza
| hq_location_city = Century City, Los Angeles, California
| hq_location_country = U.S.
| industry = Film
Television
| founder = Rupert Murdoch
| defunct = 2019
| products = Motion pictures
television programs
| revenue = $13.28 billion USD
| revenue_year = 2012
| operating_income = $3.3 billion USD
| income_year = 2012
| net_income = $4.98 billion USD
| net_income_year = 2012
| num_employees = 12,100
| num_employees_year = 2012
| parent =
| subsid =
The Fox Entertainment Group (FEG) was a U.S.-based entertainment corporation specializing in motion pictures and television, owned by 21st Century Fox. Upon the acquisition of 21st Century Fox by Disney, its holdings were merged into multiple Disney divisions. Prominent film labels such as 20th Century Fox (renamed 20th Century Studios), Searchlight Pictures, and Fox 2000 Pictures were incorporated into Walt Disney Studios, while Fox Star Studios became part of Disney India.
Initially a segment of News Corporation, which gained complete ownership in 2005, FEG became a division under 21st Century Fox after the corporate restructuring in 2013 that separated publishing operations into the new News Corp.
Though indirectly named after William Fox, founder of Fox Film which merged with Twentieth Century Pictures to create 20th Century Fox, FEG functioned as a significant entity in the film and television sector until its closure in 2019.
History
The origins of Fox Entertainment Group trace back to the 1980s when 20th Century Fox acquired Metromedia’s independent TV stations. At that time, ownership was shared between Rupert Murdoch’s News Corporation and Marvin Davis. These stations became the foundation for the Fox Broadcasting Company launched in 1986, which played a pivotal role in the company’s strategy. Soon after, Murdoch purchased Davis’s stake, consolidating full control of the studio within News Corp and establishing Fox Entertainment Group.
In 1995, Fox Kids partnered with Saban Capital Group to form Fox Kids Worldwide, which was renamed Fox Family Worldwide in 1997. This division was ultimately sold to The Walt Disney Company in 2001 for $5.3 billion, representing a major exit from Fox’s children’s programming business.
Under Murdoch's direction, Fox Entertainment Group ventured into sports ownership by acquiring the Los Angeles Dodgers baseball team in 1998 for $311 million. The franchise was later sold to Frank McCourt in 2004.
Fox went public on August 14, 1998, debuting on the New York Stock Exchange under the ticker FOX. In January 2005, News Corporation purchased the remaining 18% of shares it did not already own for $5.9 billion, leading to Fox’s delisting and full absorption into News Corp’s corporate framework.
In 2012, Murdoch announced a split creating two separate companies: a new News Corporation focused on publishing and an entertainment-focused entity named 21st Century Fox that included Fox Entertainment Group and the studios of 20th Century Fox. This restructuring aimed to maintain brand legacy while enabling future expansion.
January 2017 saw the launch of FoxNext by Fox Entertainment Group and 20th Century Fox to explore video game development, virtual reality projects, and theme park initiatives as part of diversifying their entertainment offerings.
Following Disney’s $71 billion acquisition of most assets from 21st Century Fox in March 2019, the holdings of Fox Entertainment Group were integrated into Disney’s worldwide operations and reallocated among its divisions. Subsequently, the "Fox Entertainment" brand was adopted by Fox Corporation for its own entertainment properties.
Moved to The Walt Disney Studios
- 20th Century Fox, now known as 20th Century Studios
- 20th Century Fox Animation, rebranded as 20th Century Animation
- Blue Sky Studios, ceased operations on April 10, 2021
- 20th Century Fox Games, renamed 20th Century Games
- Fox Family, rebranded as 20th Century Family
- Fox Family Entertainment
- New Regency Productions (20% ownership, joint venture)
- 20th Century Fox Animation, rebranded as 20th Century Animation
- Fox Searchlight Pictures, now Searchlight Pictures
- Fox 2000 Pictures, dissolved as of May 14, 2021
- 20th Century Fox Consumer Products, absorbed into Disney Experiences
- Fox Music, incorporated into Disney Music Group
- Zero Day Fox, renamed 20th Digital Studio, closed on October 9, 2023
- Boom! Studios (minority ownership)
- Fox Studios Australia, renamed Disney Studios Australia
- Fox Stage Productions, merged with Disney Theatrical Group
Moved to Walt Disney Television
- 20th Century Fox Television, renamed 20th Television
- Fox 21 Television Studios, became Touchstone Television and merged with 20th Television on December 1, 2020
- Fox Television Animation, renamed 20th Television Animation
Moved to Walt Disney Direct-to-Consumer & International
- Fox Star Studios, now Star Studios
- Hulu (30% stake)
- Hulu Documentary Films
- 20th Century Fox Home Entertainment, transitioned to a label under Walt Disney Studios Home Entertainment by 2020
- Fox-Paramount Home Entertainment (joint venture with Paramount Home Media Distribution)
Moved to Disney Parks, Experiences and Products
- FoxNext, closed January 23, 2020, assets sold to Scopely
- 20th Century Fox World (licensed to Resort World Genting by Genting Group)