21st Century Fox creates new Fox with businesses not sold to Disney

Following the deal with The Walt Disney Company, 21st Century Fox has announced that it intends to spin off to its shareholders a portfolio of its highly-rated news, sports and broadcast businesses to create a new Fox, which will be a growth company centred on live news and sports brands, anchored by the strength of the Fox Network.

The new “Fox” will include iconic branded properties Fox News Channel, Fox Business Network, Fox Broadcasting Company, Fox Sports, Fox Television Stations...

21st Century Fox creates new Fox with businesses not sold to Disney