News Corp is highly involved in many facets of the media but I will focus on the
film industry, their cable channel holdings, and their Satellite distribution networks. All
these parts are a major part of News Corp but the satellite companies allow them to more
News Corp owns many companies world wide that are involved in the film
industry. Some of the US companies that are owned by News Corp are 20th Century
Fox, Fox Searchlight Pictures, And Blue Sky Studios.
20th Century Fox Is the Flagship of News Corp's Film Holdings. In the last year
they were nominated for many academy awards and won several for the movie "Master
and Commander". They are also responsible for such new movies as "Girl Next Door"
and "Welcome to Mooseport". Another part is Fox Searchlight Pictures, which was
started in 1994 to give new and "up and coming" filmmakers a venue to enter the
industry. They are responsible for such movies as "Slums Of New York", "Banger
Sisters", and "One Hour Photo". Blue Sky Studios is a company that specializes in
computer generated animation. They were acquired in 1997 to give the Fox studios an
"in" into this new market of feature length computer animated films. This acquisition
paid off for them with the hit "Ice Age".
Another part of News Corp is their cable networks. A large part of this division is
the Fox Sports Networks. This network of sports channels includes many regional sports
networks, the Speed Channel, the Outdoor Life network, and the Golf Channel. They
plan to start a new nationwide sports channel to more closely compete with ESPN. In
1996 News Corp started the Fox News channel, a "Hard nose Pulls no Punches", news
source that right now has a larger market share than its competitors CNN and MSNBC.
News Corp Also has many othe...