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News
Corporation (abbreviated to News Corp) (NYSE:
NWS) is one of the world's largest media conglomerates.
Its chief executive officer is Rupert Murdoch,
who created the Fox Broadcasting Company in 1986.
News
Corporation is a public company listed on the New
York Stock Exchange and the Australian Stock Exchange
(ASX: NWS) and as a secondary listing on the London
Stock Exchange (LSE: NCRA). Formerly incorporated
in Adelaide, Australia, the company was re-incorporated
in the United States state of Delaware after a majority
of shareholders approved the move on 12 November 2004.
News
Corporation's headquarters is on Sixth Avenue (Avenue
of the Americas) in New York City, in the 1960s-1970s
portion of the Rockefeller Center complex.
Revenue
for the year ended 30 June 2005 was $23.859 billion.
This does not include News Corporation's share of
the revenue of businesses in which it owns a minority
stake, which include two of its most important assets,
DirecTV and BSkyB. Almost 70% of the company's sales
come from its US businesses. Credit: Wikipedia.
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FOX
TO LAUNCH MY NETWORK TV
New
Station-Friendly Primetime Option Set for September
Primetime
Dramas Desire and Secrets
to Inaugurate My Network TV Debut
NEW YORK February 22, 2006 - FOX will launch
My Network TV, a new primetime program network scheduled
to debut this fall. Fox Television Stations, Inc.,
and Twentieth Television will operate the new venture.
The announcement was made today at a press conference
in New York by Peter Chernin, President and Chief
Operating Officer, News Corporation; Roger Ailes,
Chairman of Fox Television Stations; and Jack Abernethy,
CEO of Fox Television Stations.
Upon
launching on Tuesday, September 5th, 2006, My Network
TV will feature quality primetime programming from
8:00-10:00pm (EST/PST) Monday through Saturday, totaling
12 hours of original content per week. Providing broadcasters
a viable and station-friendly option for primetime,
involving no reverse compensation, My Network TV will
position stations with operational flexibility through
an appealing affiliation term and attractive inventory
split, further building asset value.
Fox
Television Stations WWOR/New York, KCOP/Los
Angeles, WPWR/Chicago, KDFI/Dallas, WDCA/Washington,
D.C., KTXH/Houston, WFTC/Minneapolis, KUTP/Phoenix,
WRBW/ Orlando and WUTB/Baltimore will serve as anchor
affiliates of My Network TV, representing 24% of the
United States. Supported with powerful branding and
marketing initiatives that tie-in locally, the service
will maintain and strengthen affiliates community
brand recognition with a complete look and feel of
a national network that empowers localism.
Regarding
the announcement, Mr. Chernin stated, No other
media company comes close to Fox when it comes to
launching new networks and gauging audience appetites.
Over the past 20 years, weve proved it time
and again with FBC, FX, Fox News Channel and National
Geographic Channel among many others. And with My
Network TV, we think weve come up with a unique
format that will resonate with todays consumer
and a model that can be profitable from day one.
Mr.
Ailes added, Backed by the strongest media company
in the world, My Network TV is a viable alternative
brought to you by proven winners who know quality
programming. Independent stations are in need of a
solid option for primetime and we believe no other
company is providing this service to the market.
Commented
Mr. Abernethy, Were thrilled to be launching
My Network TV this fall. We consider this to be a
station-friendly alternative that will deliver more
local inventory to its affiliates, uphold each stations
localism and feature quality programming supported
by strong branding and marketing. We are looking forward
to signing additional affiliates in the coming weeks.
Twentieth
Televisions new hour-long scripted dramas Desire
and Secrets will inaugurate My Network
TV. Structured in a 65-episode story arc stripped
Monday through Friday for 13 weeks, Desire
and Secrets are based on the worldwide
success of the telenovela format. Desire
chronicles the destruction of a family and the bonds
of brotherhood take center stage when two brothers
on the run from the mafia find themselves in a heated
battle of passion, betrayal, deceit and murder over
the woman they both love. Secrets goes
deep behind-the-scenes to focus on the glamorous,
yet sometimes brutally ruthless fashion industry,
in which greed, lust and blind ambition surround a
violent corporate takeover of the business hottest
company. Principal photography on the dramas will
commence early March.
Twentieth
Television is aggressively developing additional programs
and proven formats spanning reality, drama, comedy,
game, news, movies and talk for My Network TV as the
network develops, while also exploring opportunities
with its sister companies. The company is opening
its doors to all other major Hollywood studios to
negotiate future programming concepts. Programs currently
in development include:
Catwalk (Twentieth Television) -- The
ultimate search for the next It supermodel
begins by crossing the country to discover 30 of the
hottest, hippest and freshest faces who will compete
for the once in a lifetime opportunity to be catapulted
into stardom.
Celebrity Love Island [Granada (Nanny
911)] -- Six gorgeous celebrity and six non-celebrity
singletons are thrown together in a fantasy island
setting, where a star-studded search for love takes
place.
On Scene (Fox News) -- This crime investigative
series will cover all angles, examine all of the evidence
and trace every single clue of the most compelling
crimes committed today.
Americas Brainiest (working title)
[Celador (Who Wants to Be A Millionaire)]
-- This quiz show, based on the hit British program,
will find the countrys smartest individuals
and reveal them in an exciting format.
In addition, Twentieth Television is in advanced negotiations
with FremantleMedia North America (American
Idol) on an international format.
The
Fox Television Stations group, one of the nations
largest owned-and-operated network broadcast groups,
comprises 35 stations in 26 markets, covering nearly
45% of U.S. television homes. This includes five duopolies
in the top 10 markets, New York, Los Angeles, Chicago,
Dallas and Washington D.C., as well as duopolies in
Houston, Minneapolis, Phoenix and Orlando.
A
leader in the U.S. program production and distribution
arena, Twentieth Television is a unit of Fox Television
Stations, Inc., which is headed by chairman Roger
Ailes while CEO Jack Abernethy oversees day-to-day
operations. Twentieth Television provides a wide array
of first-run and off-network programming, as well
as feature film packages, to the syndication and cable
marketplaces. First-run programs distributed by Twentieth
Television include Geraldo at Large, the
news strip hosted by Geraldo Rivera, and the popular
court shows Divorce Court and Judge
Alex, the number one new first-run program of
the 2005-06 season. In addition to Desire
and Secrets, the company is set to launch
the new court show Cristinas Court,
hosted by Cristina Perez, in Fall 2006. Twentieth
Television also oversees the domestic sales of one
of the most extensive libraries of off-net programming
in the entertainment industry. Last fall, the company
launched the groundbreaking drama 24,
starring Kiefer Sutherland, and The Peabody Award-winning
sitcom The Bernie Mac Show in off-net
syndication.
Fox
Entertainment Group, a division of News Corporation,
is principally engaged in the development, production
and worldwide distribution of feature films and television
programs, television broadcasting and cable network
programming. The units studios, production facilities
and film and television library provide high-quality
creative content, and broadcasting and cable networks
provide extensive distribution platforms for the Company's
programs.
# # #
Media
Contacts:
Les
Eisner
Twentieth Television
310-369-3293
les.eisner@fox.com
Irena
Briganti
Fox News
212-301-3608
irena.briganti@foxnews.com
Fox
Interactive Media And Twentieth Century Fox Partner
To Deliver Movies And TV Shows For Download
Multi-Year
Deal to Bring Blockbuster Movies like X-Men
The Last Stand and TV Hits Such As 24,
Prison Break, It's Always Sunny
In Philadelphia to Properties Across Fox Interactive
Media Network; IGN Site to Start, With MySpace and
Others to Follow
LOS
ANGELES, August 14, 2006 - Fox Interactive Media (FIM)
and Twentieth Century Fox today announced a multi-year
agreement to provide feature films and television
shows on a download-to-own basis across the FIM network.
Fox Interactive Media's network of leading properties
reaching more than 75 million people a month in the
U.S. (ComScore MediaMetrix) will have access to Fox
Entertainment Group's vast catalogue of leading content
including hit feature films such as X-Men The
Last Stand and The Omen as well
as episodes of television series like 24,
and Prison Break. IGN Entertainment will
be the first FIM property to offer a selection of
on its Direct2Drive site ( http:www.direct2drive.com
) in October 2006 with additional FIM properties including
MySpace.com to come.
Our
drive to deliver Twentieth Century Fox content via
the most powerful online platforms is advanced substantially
by this agreement, said Peter Levinsohn, President,
Digital Media, Fox Entertainment Group. Offering
Fox content in conjunction with FIM properties enables
viewers to access the best movies and TV shows from
multiple platforms in the Fox family.
Initially,
FIM will offer films from Twentieth Century Fox including
new releases, made-for-TV movies, direct-to-video
releases and select content from the Twentieth Century
Fox film library on IGN's Direct2Drive site. The site
will also offer current television series from various
Fox entities such as Twentieth Century Fox, Fox Broadcasting
Company, Fuel TV, Speed, and FX with a selection of
shows available within 24 hours of initial broadcast.
In
an industry first, purchased movies and television
shows will be immediately transferable to Windows
Media compatible portable devices providing users
with a convenient way to take the video content with
them on the go.
Today
marks an important step as we continue to build a
bridge between the worlds of user-generated and top-quality,
professional content, further enhancing our range
of consumer offerings across both free, ad-supported
and paid download business models, said FIM
President Ross Levinsohn. With more than 75
million monthly users and one of the largest entertainment
communities on the web, we are thrilled to begin offering
our users exciting content from Fox.
The
agreement with Twentieth Century Fox will enable FIM,
already a leader in downloadable games with Direct2Drive,
to expand its offerings with premier TV and movie
content. Direct2Drive will promote the new offering
throughout the IGN Entertainment network, including
IGN.com, Rotten Tomatoes; and Film Force, among other
sites.
Direct2Drive's
secure digital download service will enable users
to transfer content to up to two PCs and one portable
device per PC. Content will be available at competitive
prices: Approximately $19.99 for new feature film
releases and $1.99 per TV series episode.
About
Fox Interactive Media
A division of News Corp. (NWS and NWS.A), Fox Interactive
Media (FIM) is an integrated network of sites offering
socially rich media experiences centered on entertainment,
news, information and self-expression. The company's
network includes Internet assets from News Corp.,
including the highly trafficked FoxSports.com ( http://www.foxsports.com
), Americanidol.com
( http://www.americanidol.com
) and Fox.com ( http://www.fox.com
). FIM also owns and operates such category leaders
as MySpace.com ( http://www.myspace.com
), the number one social networking site on the Web;
Scout.com ( http://www.scout.com
), a dynamic collegiate and pro sports network; and
IGN Entertainment ( http://www.ign.com
), a network of leading gaming and entertainment sites
including men's lifestyle site AskMen ( http://www.askmen.com
) and premier destination for movie-goers Rotten Tomatoes
( http://www.rottentomatoes.com
) among others.
About
Fox Entertainment Group
Fox Entertainment Group (FEG) is a unit of News Corporation
(NYSE: NWS, NWS.A). It is principally engaged in the
development, production and worldwide distribution
of feature films and television programs, television
broadcasting and cable network programming. The Company's
studios, production facilities and film and television
library provide high-quality creative content, and
the Company's broadcasting and cable networks provide
extensive distribution platforms for the Company's
programs. Fox Digital Media is a division of FEG dedicated
to setting distribution strategy and licensing programming
from all FEG divisions to new, digital outlets.
Contacts:
For
Fox Interactive Media:
Ann Burkart
(310) 969-7220 or Ann.burkart@fox.com
Sara
Campbell/Edelman
(323) 202-1075 or Sara.campbell@edelman.com
For FOX:
Paul Nichols/The Lippin Group
(323) 965-1990
pnichols@lippingroup.com
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