Fox wants viewers wary of its new slimmed-down version to know that it will be just fine after shedding most of its film and TV assets to Disney, which became official Wednesday.
In a new promo that aired Wednesday night, Fox Entertainment — the programming unit of what is now known as “Fox Corporation” — ran through the list of shows, including “9-1-1,” “Empire” and “The Simpsons,” that still air on the Fox broadcasting network, even if their studio is now owned by Disney.
On Wednesday, Disney finalized its $71.3 billion purchase of 21st Century Fox’s film and TV assets.
After the sale, the remaining assets, a portfolio of news, sports and broadcast businesses, were formed into a new company called Fox Corporation. These include Fox News Channel, Fox Business Network, Fox Broadcasting Company, Fox Sports (including cable networks FS1, FS2, Fox Deportes and Big Ten Network) and its local TV stations. That new company debuted on the NASDAQ Stock Market on Tuesday under the symbol “FOXA.”
On Tuesday, Fox Corp. added four new members to its board of directors: Chase Carey, Anne Dias, Roland A. Hernandez and former Speaker of the House of Representatives Paul Ryan. They join previously announced members K. Rupert Murdoch, Lachlan K. Murdoch and Jacques Nasser.
Lachlan Murdoch, Fox chairman and CEO, said: “We are thrilled to welcome our new colleagues to the Fox board. We look forward to working with and being guided by them as we begin a new chapter, steadfastly committed to providing the best in news, sports and entertainment programming.”
Meanwhile, Disney takes over ownership of 20th Century Fox film and TV studio, cable networks FX, FXX and National Geographic, and certain cable and international television assets. Disney also acquires Fox’s 30 percent stake in Hulu, giving it majority control. The new assets should strengthen Disney’s position as a content behemoth, especially as it launches Disney+ later this year, its own streaming competitor to Netflix.
Watch the video above.