21ST CENTURY FOX REALIGNS TV SYNDICATION, DISTRIBUTION
(The following is a reformatted version of a press release issued by 21st Century Fox and received via electronic mail. The release was confirmed by the sender.)
21ST CENTURY FOX REALIGNS TELEVISION SYNDICATION AND DISTRIBUTION BUSINESS
New York, NY - July 8, 2013 -- 21st Century Fox (NASDAQ: FOX, FOXA; ASX: FOX, FOXLV) today announced it has realigned its television syndication and distribution unit Twentieth Television, formerly part of Fox Television Stations, under Twentieth Century Fox Television, the Company’s television production studio. Twentieth Television will continue to be led by President Greg Meidel, who will now report to Gary Newman and Dana Walden, Chairmen, Twentieth Century Fox Television.
Under this new structure, Mr. Meidel and his team at Twentieth Television will continue to handle all domestic broadcast and cable television syndication, distribution and barter deals for Twentieth Century Fox Television’s broad portfolio of hit shows. These include “Modern Family,” “Glee,” “How I Met Your Mother,” “New Girl,” “Family Guy” and “The Simpsons” as well as Fox 21’s “Homeland” and Fox Television Studios’ “The Americans,” among many others. In addition, Twentieth Television will manage distribution for Twentieth Century Fox Film’s motion picture library, as well as shows produced by FX Productions and Fox Television Stations.
Fox Television Stations will continue to develop and produce first-run programming, which will now be overseen by Stephen Brown, Executive Vice President, Programming and Development, reporting to Jack Abernethy, Chief Executive Officer of Fox Television Stations.
“This reorganization underscores the changing landscape of the syndication TV business, more closely aligning the distribution of our shows with our content creators,” said Chase Carey, President and Chief Operating Officer, 21st Century Fox. “I am confident that Greg will continue to be a driving force in capturing revenue opportunities for the programming we produce, including Twentieth Century Fox Television powerhouse brands like ‘Glee’ and ‘Modern Family.’”
Carey continued, “Fox Television Stations has achieved great success over the recent years and built a real position of leadership, expanding its footprint in key markets and bringing innovative programming to its millions of loyal viewers with investments in first-run production as well as news, live event TV and talk.”
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 more than 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, FXM, 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.
About Twentieth Century Fox Television A division of News Corp., Twentieth Century Fox Television is one of the industry’s most prolific suppliers of primetime television programming and entertainment content, including the blockbuster and Emmy and Golden Globe winning “Modern Family,” the pop culture phenomenon and Golden Globe winning “Glee,” the celebrated anthology series “American Horror Story,” the hit comedies “New Girl” and “How I Met Your Mother,” and the longest running primetime scripted series in the history of television, “The Simpsons.” The studio recently returned the Emmy Award-winning cult hit “Arrested Development” to production on new episodes, and its cable production division Fox 21 is responsible for this year’s Emmy Award winner and Golden Globe winner for Outstanding Drama Series, “Homeland.”
About Fox Television Stations Fox Television Stations is one of the nation’s largest owned-and-operated network broadcast groups, comprising 28 stations in 18 markets and covering nearly 37.28 % of U.S. television homes. This includes six duopolies in the top 10 markets: New York, Los Angeles, Chicago, Dallas, Washington, D.C. and Houston; as well as duopolies in Minneapolis, Phoenix and Orlando.
Contact: Nathaniel Brown (212) 852-7746 nbrown@21CF.com