Companies owned by 20th Century Fox: Insight into their subsidiaries
After a historic $71.3 billion deal in 2019, 20th Century Fox is no longer an independent entity. The iconic film studio has been restructured and rebranded as 20th Century Studios, now a major film production unit under The Walt Disney Company.
The transformation places 20th Century Studios within the Walt Disney Studios division headquartered in Burbank, California. The original "Fox" name was dropped from the studio's branding to avoid confusion with Fox Corporation, which Disney did not acquire.
20th Century Studios is now managed under Disney Television Studios leadership, with top executives of Walt Disney Studios overseeing its operations. Distribution of films produced by 20th Century Studios is handled by Walt Disney Studios Motion Pictures, further consolidating its integration into Disney's broader production and distribution system.
The studio has been responsible for some of cinema's most iconic characters and stories, many of which launched expansive franchises. Key film franchises like Avatar, X-Men, and the original Star Wars trilogy are now part of 20th Century Studios' portfolio. However, it's important to note that Disney did not acquire Lucasfilm, but had distribution rights to the original Star Wars movies.
The acquisition by Disney has led to a significant realignment of the businesses under the Fox umbrella. Fox News, a pivotal player in the United States' opinion media landscape, remains independent under Fox Corporation, which was formed following the deal. Fox Corporation also retains the production of shows like The Simpsons and Family Guy.
The acquisition also expanded Disney's global reach. Sky, a dominant television and broadband provider in Europe, was part of the deal before being sold. In India, Star India, a cornerstone in broadcasting, reaches a diverse audience with its multitude of channels and Tata Sky, a leading direct broadcast satellite television provider.
The deal also included 20th Century Studios, FX Networks, and National Geographic Partners, along with a significant stake in Hulu. This consolidation positions 20th Century Studios as a formidable competitor in the industry, alongside other key players like WarnerMedia, owned by AT&T, and NBCUniversal, after its acquisition by Comcast.
The aggressive content strategy and focus on original programming by streaming giants like Netflix have forced more traditional companies to rethink their distribution models. 20th Century Studios, with its rich history and extensive library of content, is well-positioned to navigate this changing landscape.
In the evolution of cinema, 20th Century Studios has been instrumental, embracing new technologies and storytelling methods. This legacy continues under Disney's ownership, as the studio continues to produce and distribute groundbreaking content for audiences worldwide.
References: 1. The Walt Disney Company Acquires 21st Century Fox's Film and Television Assets 2. 20th Century Fox Becomes 20th Century Studios Under Disney Ownership 3. Disney's Rebranding of 20th Century Fox: A Closer Look 4. The Walt Disney Company's Studio Structure Following the 21st Century Fox Acquisition
- The strategic integration of 20th Century Studios into The Walt Disney Studios division, under the Disney Television Studios leadership, aims to foster growth in the entertainment industry, particularly in movies-and-tv productions.
- The acquisition of 20th Century Fox by The Walt Disney Company has significantly expanded their entertainment portfolio, now encompassing iconic franchises like Avatar, X-Men, and the original Star Wars trilogy, placing them as a formidable competitor in the global entertainment landscape.
