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Aggressive-Morning11 t1_j7khfdv wrote

Reply to comment by whereismymind86 in [OC] Movie production companies with the highest total worldwide box office revenue by giteam

The same Fox as Fox News? Or only the movie buisness, 21st century fox?

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spargbotu t1_j7khujq wrote

The bought everything except the news part of the fox empire.

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CantFindMyWallet t1_j7knxrp wrote

They didn't buy FOX Sports, either.

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DaoFerret t1_j7kuj1p wrote

They couldn’t buy the FOX broadcast channels because they owned ABC. (Barred from owning two networks)

Murdoch wanted to keep FOX News (it was the part that wasn’t for sale)

They didn’t want/need FOX Sports because they already owned ESPN. (I don’t think they were barred from buying it, and I don’t think it was not for sale, they just weren’t interested?)

(Not disagreeing, just clarifying)

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oddiseeus t1_j7kzbq9 wrote

>Murdoch wanted to keep FOX News (it was the part that wasn’t for sale)

“Nobody else is going to own one of my megaphones.”

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TommyBaseball t1_j7kiim5 wrote

Not Fox broadcast channels or Fox News. The only US TV channels they picked up were FX and Nat Geo plus the 20th Century movie productions.

"Among other key assets, the acquisition included the 20th Century Fox film and television studios, U.S. cable/satellite channels such as FX, Fox Networks Group, a 73% stake in National Geographic Partners, Indian television broadcaster Star India, and a 30% stake in Hulu. Immediately preceding the acquisition. The remaining, not acquired, assets of 21st Century Fox, the Fox Broadcasting Company, Fox Television Stations, Fox News Channel, Fox Business, Fox Sports 1 and 2, Fox Deportes, and the Big Ten Network as well as the 67%-owned Credible Labs, spun off into the newly formed Fox Corporation. Other 21st Century Fox assets such as the Fox Sports Networks and Sky were divested and sold off to third parties such as Comcast, Sinclair Broadcast Group and Yankee Global Enterprises."

https://en.m.wikipedia.org/wiki/Acquisition_of_21st_Century_Fox_by_Disney

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NowAlexYT t1_j7kqsfl wrote

Wow i never made the connection between Fox News, FX, and 20th century Fox...

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--Beaugardes-- t1_j7kv1j1 wrote

If I remember correctly, News Corp (Fox's parent company) spun off the entertainment division into its own company which is what Disney later purchased.

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