21st Century Fox


21st Century Fox sells Star China TV stake

Rupert Murdoch’s 21st Century Fox has sold its entire 47% stake in Star China TV to the firm’s management team and China Media Capital. The Star China TV joint venture, which is majority owned by China Media Capital, operates three Mandarin channels – Xing Kong, Xing Kong International, Channel [V] Mainland China – and the […]

Hulu revenues to hit $1bn – CEO

US-based streaming service Hulu will break the US$1 billion revenue mark for the first time this year, its CEO said. This figure is up US$305 million on the broadcaster-backed service’s sales for 2012, and will cap an eventful year in which a sales process was scrapped and US$750 million of capital invested instead. Hulu CEO […]

21st Century Fox: Hulu can compete with Netflix

US on-demand service Hulu can be a viable alternative to OTT market leader Netflix, the president and COO of 21st Century Fox has claimed. The comments come after Fox Networks Group distribution president Mike Hopkins became Hulu’s new CEO last month and after a second failed attempt by its broadcaster parents to sell the business […]

Vice Media and Pulse Films form US partnership

Edgy youth brand Vice and UK-based producer Pulse Films have agreed a strategic partnership and will work together on a range of projects. The agreement will see Vice help Pulse further its US ambitions in the scripted, unscripted, digital and feature film realms with a raft of coproduced projects going out on Vice’s online channels. […]

Sky’s quarterly programming costs top £600 million

BSkyB’s investment in new original programming and increased football rights costs have caused a spike in programming costs at the pay TV operator. The 21st Century Fox-backed company spent £622 million (US$1 billion) on content in July, August and September its latest results reveal. Sky said the 6% increase on the £589 million it spent […]

Analysts expect 21st Century Fox acquisitions

Financial analysts are tipping 21st Century Fox to use its strong financial position to make “moderate sized” acquisitions and increase dividend payments to shareholders. Credit ratings agency Moody’s noted that following the company’s investor days investors were concerned about the amount of debt 21st Century Fox had relative to its earnings. However, Moody’s said the […]

Sky told to end PSB retransmission fees

The UK government plans to end controversial retransmission fees that British public broadcasters pay to News Corp-backed satellite TV platform BSkyB for carriage. A new report released the week by the Department for Culture, Media and Sport recommends the fees be stopped to bring the arrangement between Sky and the PSBs in line with “zero […]

Sky Deutschland expands MGM partnership

German pay TV operator Sky Deutschland has expanded its long term output agreement with MGM in a deal that exclusively hands it the Hollywood studio’s latest blockbuster movies. The deal also includes a renewal of the MGM HD Channel in Germany and Austria, which launched earlier this year. The content deal comprises exclusive pay TV […]

Time Warner Cable exits Hulu talks

The owners of US video-on-demand site Hulu have reportedly called off deal negotiations with Time Warner Cable after failing to agree on a price. According to a Reuters report, which cites unnamed sources, the two have now ended discussions over Time Warner Cable taking a 25% stake in the business. Though talks may resume, none […]

Hulu parents scrap sale, inject $750m

Hulu’s US broadcaster owners have scrapped the sale of the streaming website for a second time and will instead recapitalise it, though reports say they remain in talks with Time Warner Cable over a 25% stake. The Walt Disney Company and 21st Century Fox on Friday revealed they had decided against selling Hulu to the […]