rights to television series and made-for-television motion pictures. Equity Interests Sky The company holds an approximate 39% interest in Sky. Sky is the U.K.’s entertainment and communications provider, operating the most comprehensive multichannel, multi-platform pay television service in the U.K., Ireland, Germany, Austria and Italy. Sky retails subscription television and communications services to residential and commercial premises in the U.K., Ireland, Germany, Austria and Italy. In addition to the retail and broadcast operations, Sky operates other businesses, including wholesaling its channel portfolio, selling advertising on its own and partner channels and its international distribution operation. In 2014, the company sold its 100% and 57% ownership stakes in Sky Italia and Sky Deutschland, respectively, to Sky. Hulu, LLC (Hulu) The company has an approximate 33% equity interest in Hulu, which operates an online video service that offers video content from Fox, the other one-third partners in Hulu, NBCUniversal and The Walt Disney Company, as well as approximately 400 other third party content licensors. Hulu’s premium programming is available on a monthly subscription basis at Hulu.com and through software applications on Internet-connected devices, including smart phones, tablets, gaming consoles and set-top boxes. Some of Hulu’s programming is also available free of charge to viewers at Hulu.com and approximately 65 destination sites online, including AOL, IMDb, MSN, Myspace and Yahoo!. Endemol Shine Group The company and funds managed by Apollo Global Management, LLC (Apollo) formed Endemol Shine Group in 2014, to which the company contributed its interests in Shine Group. The joint venture, a global multi-platform content provider, is comprised of Shine Group, Endemol, and CORE Media Group, with the company and Apollo each owning 50%. Endemol Shine Group has creative operations in approximately 30 markets, with a diverse portfolio of 600 formats, both scripted and non-scripted, coupled with digital, gaming, and distribution operations. Tata Sky The company holds an approximate 30% interest in Tata Sky Limited which owns and operates a DTH platform in India. Other Investments The company has a minority equity interest in Vice Holding Inc., a digital media company. In 2015, the company acquired a minority equity interest in DraftKings, Inc., which is an operator of online fantasy games and contests.
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