The studio is one of the six major American film studios as of 2010. Located in the Century City area of Los Angeles, just west of Beverly Hills, the studio is a subsidiary of Sony Pictures Entertainment, the media conglomerate owned by Rupert Murdoch. The company also owns Blue Sky Studios.
A misconception is commonly made by audiences: Scrat is sometimes considered as the mascot for 20th Century Fox, but is actually Blue Sky Studios' mascot.
Notable and popular movies/movie series
Despite being a critical and commercial failure, it was a four-time Academy Award winner. The movie turned out to be very expensive, although it was the highest grossing film of the year, 20th only recovered half of the money spent for its production. 20th Century Fox's foundings were restored with the film The Sound of Music.
The Sound of Music
The Sound of Music is a 1965 musical film directed by Robert Wise and starring Julie Andrews in the lead role. The film is based on the Broadway musical The Sound of Music, with songs written by Richard Rodgers and Oscar Hammerstein II, and with the musical book written by the writing team of Howard Lindsay and Russel Crouse.
The musical originated with the book The Story of the Trapp Family Singers by Maria von Trapp. It contains many popular songs, including "Edelweiss", "My Favorite Things", "Climb Ev'ry Mountain", "Do-Re-Mi", "Sixteen Going on Seventeen", and "The Lonely Goatherd", as well as the title song.
The movie version was filmed on location in Salzburg, Austria and Bavaria in Southern Germany, and also at the 20th Century Fox Studios in California. It won a total of five Academy Awards including Best Picture in 1965 and is one of the most popular musicals ever produced.
Star Wars is a space opera (sci-fi/romance) film series conceived by George Lucas. The first film was released in May 25, 1977, by 20th Century Fox and became a worldwide phenomenon, spawning two immediate sequels, released in 3 year intervals. Sixteen years later, a prequel trilogy was released, with the final film Revenge of the Sith being released in 2005. On October 30, 2012, The Walt Disney Company purchased Lucasfilm Ltd. and the entire Star Wars franchise.
Die Hard is a 1988 action film directed by John McTiernan and written by Jeb Stuart and Steven E. de Souza. It is based on a 1979 novel by Roderick Thorp titled Nothing Lasts Forever, itself a sequel to the book The Detective.
A critical and commercial success, Die Hard Propelled Willis' film career and established Rickman as a popular portrayer of villains in American films. The film also started the Die Hard series.
Titanic is a 1997 American romantic drama film directed, written, co-produced and co-edited by James Cameron about the sinking of the RMS Titanic. It stars Leonardo DiCaprio as Jack Dawson and Kate Winslet as Rose DeWitt Bukater, two members of different social classes who fall in love aboard the ill-fated maiden voyage of the ship. The main characters and the central love story are fictional, but some characters (such as members of the ship's passengers and crew) are based on real historical figures. Gloria Stuart plays the elderly Rose, who narrates the film in a modern day framing device.
The film was originally to be released on July 2, 1997, but post-production delays pushed back the film's release to December 19, 1997. Upon release, the film turned out to be an enormous critical and commercial success, winning eleven Academy Awards, including Best Picture. It became the highest-grossing film of all time, with a worldwide total of over $1.8 billion dollars (it is the sixth-highest grossing in North America once adjusted for inflation).
Ice Age is a 2002 American computer-animated film created by Blue Sky Studios and released by 20th Century Fox in 2002. The film was originally to be animated in 2-D by Fox Animation Studios, and will be directed by Don Bluth (director of An American Tail, The Land Before Time, All Dogs Go to Heaven and Rock-a-Doodle) and Gary Goldman (co-director of Anastasia and Titan A.E.), but the rise of computer-animation and the failure of Titan A.E. destroyed Fox's traditional-animation division, transferring their duties to Chris Wedge and Carlos Saldanha for Blue Sky.
Avatar is an American 3-D science fiction epic film directed by James Cameron, released on December 18, 2009 by 20th Century Fox. The film is Lightstorm Entertainment's latest project, and focuses on an epic conflict on a far-away world called Pandora, where humans and the native species of Pandora, the Na'vi, engage in war over the planet's resources and existence.
The film is first titled Project 880, and was originally to be released on May 22, 2009, but post-production delays pushed back the film's release to December 18, 2009. The film was released in 2D, 3D and 4D formats, along with Dolby 3D, XpanD 3D and IMAX 3D releases in selected theaters. The film is being touted as a breakthrough in terms of filmmaking technology, for its development of 3D viewing and stereoscopic filmmaking with cameras that were specially designed for the film's production, and has already been slated for two awards.
Rio is a 2011 film produced by 20th Century Fox and Blue Sky Studios.
Ice Age: Continental Drift is a 2012 film, the latest entry in the Ice Age franchise.
Rio 2 is a 2014 film sequel to the 2011 film Rio and is the start of the Rio franchise.
The Walt Disney Company
On May 7, 2018, shares of Fox rose 5.1% when a report was released that Comcast was in talks with investment banks and firms in order to obtain bridge-financing for an all-cash bid, reportedly worth $60 billion, that threatened the Disney-Fox deal.
On May 29, it was reported that Disney was looking into making its own all-cash counter-offer for Fox assets in the event that Comcast went through with their offer. The next day, Disney and Fox announced that they have set their shareholder vote meetings for July 10, though both companies have stated that Fox's meeting could be postponed if Comcast came through with their offer.
On June 12, AT&T was given approval by District Judge Richard J. Leon to acquire Time Warner, easing concerns Comcast had regarding whether government regulators would block their bid for Fox. Consequently, the next day, Comcast mounted a bid of $65 billion for the 21st Century Fox assets that were set to be acquired by Disney.
On June 14, Bloomberg News reported that the New York Yankees were seeking to invoke a clause in Fox's purchase of stakes in YES Network, allowing them to buy back Fox's stake in the event of a change in ownership (and thus prevent it from being included in the sale).
On June 18, it was reported that Disney will add to its already existing $52 billion claim to contest Comcast's proposed counter-offer for the Fox assets.
On June 20, Disney and Fox announced that they had amended their previous merger agreement, upping Disney’s offer to $71.3 billion (a 10% premium over Comcast's $65 billion offer), while also offering shareholders the option of receiving cash instead of stock.
On June 21, Murdoch said in response to Disney's higher offer: "We are extremely proud of the businesses we have built at 21st Century Fox, and firmly believe that this combination with Disney will unlock even more value for shareholders as the new Disney continues to set the pace at a dynamic time for our industry." That still does not prevent other companies from making a bid, as the deal was needed to be voted on by shareholders. Iger explained the reasoning behind the bid: "Direct-to-consumer distribution has actually become an even more compelling proposition in the six months since we announced the deal. There has just been not only a tremendous amount of development in that space, but clearly the consumer is voting—loudly."
On July 11, 21st Century Fox raised its bid to purchase Sky's assets to $32.5 billion, and $18.57 a share. In response, Comcast increased its bid to $34 billion, and $19.5 a share. At the same time, Fox was given clearance by the British government to purchase Sky. The bidding war for Sky led to some analysts speculating that Comcast could give up bidding for 21st Century Fox in favor of a smaller battle.
On July 12, the Department of Justice filed a notice of appeal with the D.C. Circuit to reverse the District Court's approval for AT&T acquisition of Time Warner (now WarnerMedia). Although analysts say that the chances of the DOJ win are small, they say it is the "final nail in the coffin for Comcast's Fox chase. This is a clear gift to Disney." On the next day, CEO of AT&T Randall Stephenson gave an interview with CNBC, about Comcast's bid for Fox: "It probably can't help it. You're in a situation where two entities are bidding for an asset, and this kind of action can obviously influence the outcome of those actions."
On July 13, Disney received the support of the Institutional Shareholder Services and Glass Lewis, the two most prominent proxy adviser firms in the world. Fox shareholders were recommended by the advisers as means to provide for Disney's future. Also on that same day, British regulators have decided that if Disney purchases Fox's assets before Sky's purchase from either Fox or Comcast, it will be forced to launch a bid for the full ownership of Sky, at a minimum of $18.6 a share.
On July 16, CNBC reported that Comcast is unlikely to continue its bidding war to acquire Fox from Disney in favor of Sky.
On July 18, Bloomberg reported that the Sky board also scheduled July 27, 2018 as the day shareholders vote on selling Sky properties.
On July 19, Comcast officially announced that it was dropping its bid on the Fox assets in order to focus on their bid for Sky. The CEO of Comcast, Brian L. Roberts, said "I'd like to congratulate Bob Iger and the team at Disney and commend the Murdoch family and Fox for creating such a desirable and respected company."
On July 27, Disney and Fox shareholders approved Disney's purchase of Fox's entertainment assets. The acquisition's completions should be in the first half of 2019. On the same day, Bloomberg News reported that out of all 15 nations yet to approve the deal, China could become the biggest threat to the merger since the trade war with USA resulted in the merger between Qualcomm and NXP not being realized.
On August 7, it was reported that 21st Century Fox has until September 22 to come up with a new bid for Sky plc. On August 9, it was reported that Viacom CEO Robert Bakish wants to license its TV ad targeting tech to the entire industry, starting with Fox.
On August 12, the Competition Commission of India approved the Disney-Fox deal.
On August 28, it was reported that the New York Yankees are planning to buy back the YES Network in the sale of Fox to Disney.
In August, Disney and Fox hired a lobbyist firm in Georgeson & Co. to evaluate what Sky shareholders want from their next bid. This is expected to be their last bid submitted before September 21 which is the deadline set by the UK Takeover Panel before entering into the "final auction" over the following week. The new owner of Sky is set to be determined by close of business on September 28.
On September 20, all companies (Disney, Fox, Comcast and Sky) all agreed to a one-day auction process to decide the winner of Sky with the UK Takeover Panel. This auction will have a maximum of three bidding rounds in the following format:
- Round 1 - Disney and Fox can bid more for Sky (they do not have to proceed further).
- Round 2 - Comcast can bid more for Sky (they do not have to proceed further).
- Round 3 - Disney and Fox and Comcast separately write down their final bid and the Panel declare the highest offer and thus winner for Sky.
The auction process will begin on 5PM BST on September 21 and conclude in the evening of September 22 with the winner being declared by the Panel at 7AM on September 23.
20th Century Fox World Studio StoreAs part of the coming opening of the first theme park, on April 21th 2018 20th Century Fox opened a official store in Malaysia. A great event took place to promote the store.
The official page states this:
" Spanning 3,000 sq ft of retail space, this specialty store is set to send movie buffs on an exhilarating experience into the enchanting cinematic realm of Fox World.The store offers close to 700 themed collectibles from some of the most-loved 20th Century Fox movies, including Ice Age, Night at the Museum, Planet of the Apes, Rio, Alien vs. Predator, Robots, Epic and more. "
As a way to commemorate this event, many charcters from Fox´s franchises appeared during the celebration, we were able to see Blu, Jewel, Nico and Pedro dancing in front of the store.
- In the teaser trailer for Rio, Rafael, the toucan, says "Come on, you're not gonna back out now!" off-screen when the 20th Century Fox logo appears.
External Links and Bibliography
- Fox website
- 20th Century Fox article in Wikipedia
- Die Hard article on Wikipedia
- Cleopatra article on Wikipedia
- Star Wars article on Wikipedia
- The Sound of Music article on Wikipedia
- ↑ Disney to Acquire Lucasfilm Ltd., The Walt Disney Company, October 30, 2012
- ↑ Walt Disney Company to acquire Twenty-First Century Fox Inc., after spin-off of certain businesses, for $52.4 billion in stock, The Walt Disney Company, December 14, 2017
- ↑ Fox Jumps on Report That Comcast Is Considering Counterbid to Disney, Bloomberg, May 7, 2018
- ↑ Disney rounding up cash to fight off Comcast's rival bid for Fox, Fierce Cable, May 29, 2018
- ↑ Fox And Disney Set Shareholder Meetings For Vote On Merger, Deadline Hollywood, May 30, 2018
- ↑ Decisive AT&T Victory Sets Stage for Comcast to Challenge Disney for 21st Century Fox Assets, Variety, June 12, 2018
- ↑ Comcast makes $65 billion offer to steal 21st Century Fox away from Disney, The Verge, June 13, 2018
- ↑ Yankees Consider Buying Back YES If Fox Sells Assets, Bloomberg, June 14, 2018
- ↑ Disney is expected to add cash to its bid for Twenty-First Century Fox assets, CNBC, June 18, 2018
- ↑ Disney Offers to Take on Sky News for 15 Years; Channel to Get $2 Billion Investment, Variety, June 19, 2018
- ↑ Disney Sweetens Offer for Fox to $71 Billion, Outbidding Comcast, Bloomberg, June 20, 2018
- ↑ The Walt Disney Company Signs Amended Acquisition Agreement To Acquire Twenty-First Century Fox, Inc., For $71.3 Billion In Cash And Stock, The Walt Disney Company, June 20, 2018
- ↑ Fox agrees to Disney's new $71.3 billion offer, rejecting Comcast, CNET, June 20, 2018
- ↑ Disney's Bob Iger On Need For Fox Deal: "The Consumer Is Voting — Loudly", Deadline Hollywood, June 20, 2018
- ↑ Disney wins US antitrust approval to buy Fox assets, CNBC, June 27, 2018
- ↑ Murdoch's Fox increases Sky bid to £24.5bn in takeover battle, BBC.com, July 11, 2018
- ↑ Comcast Raises Bid for Sky as Regulatory Decision Accelerates Sale Process, Variety, July 11, 2018
- ↑ 21st Century Fox Given Clearance To Buy Sky By British Government, Deadline Hollywood, July 12, 2018
- ↑ The DOJ has a slim chance of blocking the AT&T-Time Warner deal, but even that may be enough for Comcast to throw in the towel on Fox, CNBC, July 13, 2018
- ↑ DOJ challenge to AT&T-Time Warner deal could affect Disney and Comcast's bidding war for Fox, says AT&T's Stephenson, CNBC, July 13, 2018
- ↑ Disney's $71 Billion Fox Bid Wins Backing From ISS, Glass Lewis, Bloomberg, July 13, 2018
- ↑ British regulator sets 14 pound floor under Sky shares, Reuters, July 13, 2018
- ↑ Comcast unlikely to raise Fox bid; focused on Sky: Sources, CNBC, July 16, 2018
- ↑ Sky Hearing on Same Day as Fox Vote Complicates Comcast Bid, Bloomberg, July 18, 2018
- ↑ Comcast gives up on buying 21st Century Fox assets and leaves Disney as the winner, The Verge, July 19, 2018
- ↑ TCI Votes in Favor of Disney's Offer for Fox's Assets, Bloomberg, July 25, 2018
- ↑ Fox and Disney Shareholders Vote to Approve $71.3 Billion Merger, The Wrap, July 27, 2018
- ↑ Disney Investors Worry Beijing Could Be Tricky Fox Deal Hurdle, Bloomberg, July 27, 2018
- ↑ Deadline for New Fox Bid for Sky Is Set for September, Variety, August 7, 2018
- ↑ Fox has until Sept. 22 to top Comcast's bid for Sky, CNBC, August 8, 2018
- ↑ Viacom wants to License its TV Ads Targeting Tech to the Entire Industry and its Starting with Fox, Business Insider, August 9, 2018
- ↑ Fox-Disney deal: CCI approves takeover of Murdoch's company in India, Business Standard, August 12, 2018
- ↑ Yankees Intend To Buy Back YES Network In Sale of FOX To Disney, Forbes, August 28, 2018
- ↑ Murdoch's last-ditch assault in Sky battle: Mogul hires lobbyists to help seal TV megadeal, This is Money, September 8, 2018
- ↑ EU regulators to rule on Disney's $71 billion bid for Fox assets by October 19, Reuters, September 17, 2018
- ↑ U.K. Takeover Panel Pits Comcast, Fox, Disney in Final Bidding Auction for Sky, The Street, September 20, 2018