Wednesday 28 September 2011

Getting To Grips With The TV & Film Industry

Im going to be researching the ownership of two companies in the TV and film industries.

 The first one ill be looking at is 20th Century Fox. It was founded on May 31st 1935 as a result of the merger of Fox Film Corporation which was founded by William Fox in 1915, and is now one of six major american film studios as of 2011.  It used to be privately owned up until 1985, when News Corporation took over. It's now a multi-national media conglomerate and a subsidiary of News Corporation owned by Rupert Murdoch. Over the years Fox has had to expand its studios and production facilities countless times, as the demand for more good films was getting higher, and there just wasnt enough room anymore. 20th Century Fox has 9 subsidiaries and its parent if the Fox Entertainment Group. It diversified itself into the world of music too, as well as film and it encompasses music publishing and licensing businesses, dealing primarily with Fox Entertainment Group television and film soundtracks. Fox has faced many finiacial problems but has overcome these, and still to this day is a very successful film company.

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