20th Century Studios: Difference between revisions
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===Background=== | ===Background=== | ||
On May 31, 1935, [[Twentieth Century Pictures|'''Twentieth Century''' Pictures, Inc.]] and [[Fox Film|'''Fox''' Film Corporation]] merged to form '''Twentieth Century-Fox Film Corporation''' (the hyphen was dropped in 1984). During the Golden Age of Hollywood, it was one of the "Big Five" studios, alongside [[Metro-Goldwyn-Mayer Studios|Metro-Goldwyn-Mayer]], [[Paramount Pictures]], [[RKO Radio Pictures]], and [[Warner Bros. Pictures|Warner Bros.]] In 1981, the studio was sold to investors Marc Rich and Marvin Davis; however, Davis bought Rich's interest in 1984. A year later, the News Corporation purchased a 50% stake in the studio, followed by the remainder in the following years. In 1990, all of News Corporation's media and television holdings (including 20th Century Fox) were placed under Fox Entertainment Group, and floated on the stock exchange in 1998. In 2004, after News Corporation was reincorporated in the United States, they bought out the remainder of FEG. From 2013 to 2019, 20th Century Fox was a subsidiary of [[21st Century Fox]], which was formed when News Corporation split into two companies. As of January 2023, the studio's three most financially successful films are ''Avatar'', released in 2009, its sequel ''Avatar: The Way of Water'', released in 2022, and ''Titanic'' (under international rights), released in 1997 (all of which were directed by James Cameron). 20th Century Fox also has a specialty division named [[Searchlight Pictures|Fox Searchlight Pictures]] (currently known as Searchlight Pictures). | |||
On December 14, 2017, [[The Walt Disney Company]] announced its plans to buy most of 21st Century Fox's assets, including 20th Century Fox.<ref>https://web.archive.org/web/20230625002718/https://www.sec.gov/Archives/edgar/data/1744489/000095015719000301/ex99-1.htm</ref> The process was completed on March 20, 2019, with the last pre-Disney release from the studio being ''Alita: Battle Angel'', released on February 14 of that year. The remaining assets Disney didn't acquire, notably the Fox network and Fox News, were spun off into a new company called Fox Corporation. On January 17, 2020, Disney announced that it would be dropping the word "Fox" from the studio's name (presumably to avoid confusion with Fox Corporation), along with [[Searchlight Pictures]]. Nevertheless, Disney continues to own perpetual rights to the 20th Century Fox name for the studio's legacy film library. However, the studio was still legally incorporated and traded as Twentieth Century Fox Film Corporation until December 4, 2020. Since then, the company has been using '''20th Century Studios, Inc.''' as copyright for 20th Century Studios and [[Searchlight Pictures]], while it has used 20th Television, Inc. as copyright for [[20th Television]] productions under Disney. As of 2020, titles from 20th Century Studios and Searchlight Pictures are released internationally through [[Buena Vista International]]. | On December 14, 2017, [[The Walt Disney Company]] announced its plans to buy most of 21st Century Fox's assets, including 20th Century Fox.<ref>https://web.archive.org/web/20230625002718/https://www.sec.gov/Archives/edgar/data/1744489/000095015719000301/ex99-1.htm</ref> The process was completed on March 20, 2019, with the last pre-Disney release from the studio being ''Alita: Battle Angel'', released on February 14 of that year. The remaining assets Disney didn't acquire, notably the Fox network and Fox News, were spun off into a new company called Fox Corporation. On January 17, 2020, Disney announced that it would be dropping the word "Fox" from the studio's name (presumably to avoid confusion with Fox Corporation), along with [[Searchlight Pictures]]. Nevertheless, Disney continues to own perpetual rights to the 20th Century Fox name for the studio's legacy film library. However, the studio was still legally incorporated and traded as Twentieth Century Fox Film Corporation until December 4, 2020. Since then, the company has been using '''20th Century Studios, Inc.''' as copyright for 20th Century Studios and [[Searchlight Pictures]], while it has used 20th Television, Inc. as copyright for [[20th Television]] productions under Disney. As of 2020, titles from 20th Century Studios and Searchlight Pictures are released internationally through [[Buena Vista International]]. |