Like most companies in market economies, News Corporation is constantly looking to expand its holdings as far as permissible. However, due to the cautiousness of the economy, News Corporation has been hesitant in purchasing or building too much in the last few years.


 In July 2001, News Corporation acquired Chris-Craft Industries, Inc and its subsidiaries BHC Communications, Inc. and United Television, Inc for $2 billion. Chris-Craft Industries had television stations across the country. [This information was acquired on business.com.]



In January 2002, Fox Entertainment made an agreement with 4Kids Entertainment, which broadcasts a four hour block of children's programming on Saturday mornings. The companies have a four-year agreement with an exercisable two-year extension (Newscorp 2002 SEC report p.12).



A February news article reports that Harper Collins, owned by News Corporation, has bought the rights to the Berenstain Bears franchise. The company plans to relaunch the franchise (Click here for the news story).



20th Century Fox plans to release several films in 2003 such as X-Men 2, The Master and the Commander, and an adaptation of Ball State graduate Jim Davis' cartoon strip, Garfield.
*You can find more Fox films at www.foxmovies.com.