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News Corporation: Fox News
built 299 days ago
LOS ANGELES--(BUSINESS WIRE)--July 18, 2005--News Corporation announced today that it signed a definitive agreement to acquire Intermix Media, Inc. for approximately $580 million in cash, or the equivalent of $12 per common share. In a separate transaction, Intermix announced today that it exercised its option to acquire the 47 percent of MySpace.com that it does not already own. MySpace.com is the leading lifestyle portal for networking online. Both MySpace.com and Intermix's more than 30 sites will become part of News Corporation's newly formed Fox Interactive Media unit.
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Fox Cable Networks (FCN), a unit of the Fox Networks Group, a wholly owned division of News Corporation (NYSE: NWS), includes more than 30 domestic programming services in which News Corporation holds interests. These networks collectively service more than 400 million television homes and represent one of the media industry's largest and most diverse groups of programming operations. FCN networks include FX, FSN and its 18 owned-and-operated regional sports networks; National Geographic Channel; National Geographic Channel HD; SPEED; FUEL TV; Fox College Sports; Fox Soccer Channel; Fox Sports en Espanol; Fox Movie Channel, Fox Reality and the Big Ten Network. FCN ... includes Fox Sports Enterprises, which manages interests in sports franchises and leading statistical information provider STATS, LLC.
News Corporation has eight main media branches. They are Filmed Entertainment, Television, Cable, Direct Broadcast Satellite Television, including DirecTV, Magazines and Inserts, Newspapers, Books, and Other Assets. Many books, movies and magazines connected to News Corporation are advertised and promoted on Fox News, by Fox anchors and guests.
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News Corporation (owners of the Fox channels, newspapers and fingers in a number of satellite broadcasting ventures) is ... no exception. It made a disastrous attempt at the Internet in the late 90's and quickly removed itself.
Below you will find a current, updated list of News Corporation assets promoted on Fox News. Unless otherwise noted, the connection to News Corp. was not mentioned during the promo. This is important because Fox News has become a 24-hour cable advertising station for its parent company, News Corporation. Whenever you hear someone on Fox complain that another network doesn't claim their parent company's connection to a book author who's appearing on that network, just remember the list below. Check back often. It will grow quickly.
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"I am especially pleased that News Corporation will ... provide some students with summer internships at the New York Post, Channel 5, and the Fox News Channel," Mr. Shepard said. Summer internships are an integral part of the curriculum for the Master of Arts degree granted by the new school of journalism, which enrolled its first class of 50 students last September.
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