Thursday, 13 October 2011

Film Ownership

20th Century Fox

20th Century Fox are a subsidiary company of multinational media conglomerate News Corporation. In the early days, Fox were struggling financially and had to sell parts of their headquarters and fire a few actors/actress’ including the likes of Marilyn Monroe to keep them afloat. They also had to rush film productions to get the filming done in the time limit without having to pay more to spend a few extra days filming. However as a last ditch plan to earn some money they made a big budget film called The Longest Day and was recognised as one the best World War II films of all time. From that money they created various Box Office hits including, the original Planet of the Apes, Sound of Music and of course Star Wars. From these profit making films, the chairman of Fox, Dennis Stanfill, invested in other ways to make money including, resort properties, soft drink bottles and Australian theatres in order to make more money. In 1935 20th Century merged with fox to become 20th Century Fox and started trading business together ever since

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