January 25, 2015 7:49 AM ET

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Company Overview of Fox Entertainment Group, Inc.

Company Overview

Fox Entertainment Group, Inc. operates as an entertainment company. It operates through four segments mainly filmed entertainment, television stations, television broadcast networks, and cable network programming. The Filmed Entertainment segment engages in feature film and television production and distribution. The Television Stations segment owns and operates power broadcast television stations. The Television Broadcast Network segment provides broadcasting of network programming. The Cable Network Programming segment holds interests in cable network programming businesses in the areas of news, sports, general entertainment, and movies. The company was incorporated in 1985 and is based in...

1211 Avenue of the Americas

New York, NY 10036

United States

Founded in 1985

12,500 Employees

Phone:

212-852-7111

Fax:

212-852-7145

Key Executives for Fox Entertainment Group, Inc.

Chief Executive Officer
Age: 83
President
Chairman of Fox Sports Television Group and Chief Executive Officer of Fox Sports Television Group
Age: 50
Chairman of the Fox News Channel and Chief Executive Officer of Fox News Channel
Age: 74
Director
Age: 43
Compensation as of Fiscal Year 2014.

Fox Entertainment Group, Inc. Key Developments

Filmed Entertainment Reports Earnings Results Third Quarter and Nine Months Ended March 31, 2014

Fox Entertainment Group, Inc. reported earnings results third quarter and nine months ended March 31, 2014. The company reported quarterly segment OIBDA of $354 million, a 6% increase over the $334 million reported in the same period a year ago. This result reflects higher contributions from the television production businesses, led by higher SVOD revenues driven by the sale of series to Amazon, which included 24 and The Americans, and the syndication of Modern Family. This growth was partially offset by the timing of theatrical launch costs incurred in the quarter in advance of the successful worldwide theatrical release of Rio 2 in April, which has grossed nearly $400 million in worldwide box office to date. For the quarter, the company reported revenues of $2,279 million against $2,346 million a year ago. For the nine months, the company reported revenues of $6,876 million against $6,607 million a year ago. OIBDA was $1,019 million against $1,191 million a year ago.

New York Federal Court Rules Against Fox Searchlight Pictures Inc. and Fox Entertainment Group for Unpaid Interns

A New York federal court ruled Fox Searchlight Pictures Inc. and Fox Entertainment Group, Inc. are liable for failing to pay interns in violation of federal and state labor laws. In the first ruling of its kind, U.S. District Court Judge William H. Pauley III, of the Southern District of New York, ruled that named plaintiffs Eric Glatt and Alexander Footman were employees of defendant Fox Searchlight Pictures and protected by the federal Fair Labor Standards Act (FLSA) and state wage and hour law. Judge Pauley also held that plaintiff Eden Antalik may prosecute her claims as a class action against the defendants on behalf of interns employed by certain FEG subsidiaries. The interns worked as production assistants, bookkeepers, secretaries and janitors on films produced and co-produced by Fox Searchlight Pictures. Mr. Glatt and Mr. Footman were unpaid interns who worked on production of the film Black Swan in New York. After production ended, Mr. Glatt took a second unpaid internship relating to Black Swan's post-production. Ms. Antalik was an unpaid intern at Searchlight's corporate offices in New York.

Fox Entertainment Group, Inc. to Report Q3, 2013 Results on May 08, 2013

Fox Entertainment Group, Inc. announced that they will report Q3, 2013 results at 4:00 PM, US Eastern Standard Time on May 08, 2013

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