Rupert Murdoch’s 21st Century Fox will be the biggest loser from CBS Corporation’s takeover of Network Ten, as it stands to receive a relative pittance from its once-lucrative output deal with the broadcaster.
Dispelling suggestions that cinema is ailing, Fox executive Andrew Cripps has delivered an upbeat assessment of the global film industry, pointing to a healthy upswing after a big slump in the US summer.
See-Saw Films’ newly minted first-look deal with Arnon Milchan’s production powerhouse New Regency gives the production company huge financial clout and worldwide distribution through 20th Century Fox.
Argy-bargy between distributors and exhibitors is as old as the cinema itself – but tensions have been rising in some quarters in the era of digital projection.
Andrew Cripps, Chris Aronson, Heather Phillips, Mike Dunn and Greg Meidel are among the first wave of senior layoffs at 20th Century Fox following the Walt Disney Co’s $US71.3 billion purchase of Fox’s crown jewels .
The Walt Disney Company’s $US71.3 billion takeover of most of 21st Century Fox’s assets has resulted in several high level casualties in Australia.
The long-expected redundancies at 20th Century Fox Film Distributors' Sydney head office, now part of the Walt Disney Co., have begun.
The exodus of staff from 20th Century Fox Film Distributors’ Sydney head office continues following the departures of Australasian MD Marc Wooldridge and other several senior executives.