Friday, January 18, 2013

Fox this, Fox that, why so many!

What News Corp Owns: (This list does not include everything it owns.)

Television
Cable Television
FOX News Channel
FOX Business Network
FOX College Sports
Fox Deportes
Fox Movie Channel
Fox Pan American Sports (33%)
FOX Sports Net
Big Ten Network (49%)
FSN
FUEl TV
WDCA (Washington D.C.)
Satellite Television
FOX LIFE Europe, Africa, Asia and Latin America
FOX MOVIES Asia and Middle East
FOX NEXT Europe
Europe and Asia
Nat Geo Music Europe, Africa and Asia
Nat Geo Wild Europe, Africa, Asia and Latin America
NHNZ PRODUCTIONS Asia
Phoenix Satellite Television (18%)
Premier Media Group (50%)
Rotana (9%)
SPEED Latin America
STAR Chinese Channel
STAR Chinese
Other Television
FOX Broadcasting Company
FOX Sports
FOX Sports Australia
FOX Television Stations
MyNetworkTV
Film
20th Century Fox
20th Century Fox Espanol
20th Century Fox Home Entertainment
20th Century Fox International
20th Century Fox Television
Fox 2000 Pictures
Fox
Twentieth Television
20th Century Fox Licensing and Merchandising
Premium Movie Partnership (Australia and New Zealand - 20%)
Newspapers (U.S.)
New York Post
The Wall Street Journal
The Wall Street Journal Digital Network
SmartSource (Coupons)
Newspapers (International)
The Advertiser and Sunday Mail
Sunday Times (Australia)
The Times and The Sunday Times (U.K.)
Weekly Times (Australia)
Dow Jones
The Wall Street Journal
The Wall Street Journal Asia
The Wall Street Journal Europe
Barron's
Magazines
Alpha (Australia)
Big League (Australia)
Inside Out (Australia)
Donna Hay (Australia)
Other News Properties
The Daily
News Digital Media
News International
Publishing
HarperCollins Publishers
Amistad
Avon
Avon A
Avon Inspire
Avon Red
Caedmon
Harper Design
Zealand
HarperCollins US
HarperCollins UK
Zondervan
Online Properties
AmericanIdol.com
AskMen
BrandAlley UK (49%)
careerone.com.au
CARSguide.com.au
Fox.com
FoxSports.com
Scout
Spring Widgets
truelocal.com.au
WhatIfSports
Other
Fox Mobile Group
IGN Entertainment
National Rugby League (Australia) (50%)
NDS (49%)
News America Marketing
News Outdoor Group (79%)










When looking at what News Corp owns, I was a bit surprised. They have the most synergies in TV. Owning every Fox station imaginable in and outside the U.S.! News shows the most synergies among News Corp. Making the name a bit precise. News Corp just released a press release talking about how they have "reached an agreement with Sky Deutschland AG (“Sky Deutschland”) and its new bank syndicate to support both a new financing structure and the issuance of €438 million of new equity." http://www.newscorp.com/news/news_552.html

None of the subsidiaries operate interdependently. And with such a prominent owner, why should they? They also own a ton of international TV stations as well as Dow Jones, and many publishing houses. 

These synergies show me that they do result in higher quality and more profitable media content. Almost every one of these media outlets I have heard of at one time or another. In regards to overexposure I would say that synergies do have a lot to do with too much content. For example Fox has multiple subsidiaries in which pertain to all kinds of subjects and some do overlap. 

I think that synergies are good and bad. While they have many opportunities for the owner, they give that same owner too many channels of ownership. A sort of monopoly occurs here. I think that journalism can and will always be able to function in a large media corp, mainly because journalists are the keys to the news. 







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