21st Century Fox Announces Completion of Separation
29 6월 2013 - 6:18AM
Business Wire
21st Century Fox, formerly known as News Corporation, announced
today that it has completed the previously announced separation of
its business into two independent publicly-traded companies.
Effective as of 4:30pm ET today, the Company distributed to its
stockholders all outstanding shares of the new News
Corporation.
21st Century Fox’s world renowned media and entertainment assets
span a global portfolio of cable and broadcasting properties,
including FOX, FX, Fox News Channel, Fox Sports Network, National
Geographic Channels, STAR, Fox Pan American Sports, as well as film
studio Twentieth Century Fox Film and television production studios
Twentieth Century Fox Television and Shine Group. The Company’s
assets also include leading pay-tv businesses Sky Deutschland, Sky
Italia and its equity interests in BSkyB and Tata Sky.
“21st Century Fox launches as a unique force bringing news and
entertainment to more than a billion customers every day in over
100 languages,” said Rupert Murdoch, Chairman and CEO of 21st
Century Fox. “Our success will continue to be rooted in a deep
belief in originality and a commitment to empowering creative minds
and entrepreneurs around the world. Our management teams are the
best in the business and we will drive growth and shareholder value
by expanding our existing assets and brands, while embracing new
opportunities and technology.”
Beginning July 1, 2013, 21st Century Fox’s Class A Common Stock
and Class B Common Stock will begin regular-way trading on the
NASDAQ Global Select Market under the symbols “FOXA” and “FOX,”
respectively, and beginning July 2, 2013, the CHESS Depositary
Interests representing 21st Century Fox’s Class A Common Stock and
Class B Common Stock will begin to trade on the Australian
Securities Exchange under the symbols “FOXLV” and “FOX,”
respectively.
The distribution of all shares of the new News Corporation was
based on a distribution ratio of one share of the new News
Corporation Class A Common Stock or Class B Common Stock for every
four shares of the Company’s Class A Common Stock or Class B Common
Stock, respectively.
More information will be available in the Form 8-K that will be
filed with the U.S. Securities and Exchange Commission by 21st
Century Fox. The filing will be available on the SEC’s website at
www.sec.gov and on the Company’s web site at
www.21CF.com/investor_relations.
About 21st Century Fox
21st Century Fox is the world's premier portfolio of cable,
broadcast, film, pay TV and satellite assets spanning six
continents across the globe. Reaching nearly 1.5 billion
subscribers in 100 local languages every day, 21st Century Fox is
home to a global portfolio of cable and broadcasting networks and
properties, including FOX, FX, FXX, FS1, Fox News Channel, Fox
Business Network, Fox Sports, Fox Sports Network, National
Geographic Channels, Fox Pan American Sports, MundoFox, STAR and 28
local television stations; film studio Twentieth Century Fox Film;
and television production studios Twentieth Century Fox Television
and Shine Group. The Company also provides premium content to
millions of subscribers through its pay-television services in
Europe and Asia, including Sky Deutschland, Sky Italia and its
equity interests in BSkyB and Tata Sky. For more information about
21st Century Fox, please visit www.21CF.com.
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