Fox Television Stations in the context of "Acquisition of 21st Century Fox by Disney"

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⭐ Core Definition: Fox Television Stations

Fox Television Stations, LLC (stylized in all caps as FOX TV STATIONS; also known as FTS) is a group of television stations in the United States owned-and-operated by Fox Corporation. It owns LiveNOW from Fox, Fox Local, and Fox Soul. It also oversees the MyNetworkTV syndication service and has a half-interest in the Movies! digital sub-channel network, which is shared with Weigel Broadcasting.

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👉 Fox Television Stations in the context of Acquisition of 21st Century Fox by Disney

The acquisition of 21st Century Fox by The Walt Disney Company was announced on December 14, 2017, and was completed on March 20, 2019. Among other key assets, the acquisition included the 20th Century Fox film and television studios, U.S. cable 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. Most remaining assets (including the Fox Broadcasting Company, Fox Television Stations, Fox News Channel, Fox Business, Fox Sports 1 and 2, Fox Deportes, and the Big Ten Network), which were excluded from the deal, were spun off into a new company called Fox Corporation on March 19, 2019 (a day before the acquisition was completed). Other 21st Century Fox assets such as the Fox Sports Networks and Sky were divested and sold off to Sinclair and Comcast, respectively.

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Fox Television Stations in the context of Fox Corporation

Fox Corporation (commonly referred to as Fox Corp or simply Fox) is an American multinational mass media company headquartered at 1211 Avenue of the Americas in Midtown Manhattan and incorporated in Reno, Nevada, with offices also in Burbank, California. Named after William Fox and incorporated in Delaware, it was formed as a spin-off of 21st Century Fox's television broadcasting, news, and sports assets on March 19, 2019. 21CF went defunct the next day. The company is controlled by Lachlan Murdoch through a family trust with 36% voting shares. Rupert Murdoch is chairman emeritus, while his son Lachlan Murdoch is chairman and CEO.

Fox Corp deals primarily in the television broadcast, news, and sports broadcasting industries. Its assets include Fox Broadcasting Company, Fox Television Stations, Fox News, Fox Business, Fox Sports, Tubi, Fox One and others. Murdoch's newspaper interests and other media assets are held by News Corp, which is also under his control and was split from News Corporation in 2013, alongside 21CF. On September 21, 2023, Rupert Murdoch announced that he was retiring as the chairman of Fox Corp, effective November 2023.

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