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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| 21Stcenfox B Voting | ASX:FOX | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
From Jul 2019 to Jul 2024
21st Century Fox Inc. (FOXA) sold its 47% stake in Star China TV, which operates three Mandarin channels and the Fortune Star Chinese movie library.
China Media Capital, majority owner of the joint venture, agreed to acquire the stake, along with Star China's management team.
The deal's financial details weren't disclosed, and neither company was immediately available for further comment.
Star China, formed in 2010, owns the channels Xing Kong, Xing Kong International and Channel [V] Mainland China.
James Murdoch, deputy chief operating officer of 21st Century Fox, said in a news release that the deal is part of the company's plan to streamline its "affiliate ownership structures."
21st Century Fox and News Corp (NWS), parent of this newswire and The Wall Street Journal, are controlled by Mr. Murdoch's father, Rupert Murdoch. Until late June, 21st Century Fox was part of the same company as News Corp.
21st Century Fox's Class A shares closed Tuesday at $35.17.
Write to Everdeen Mason at everdeen.mason@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year 21Stcenfox B Voting Chart |
1 Month 21Stcenfox B Voting Chart |
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