New York, NY – June 02, 2015 – 21st Century Fox (NASDAQ: FOXA, FOX) and News Corp (NASDAQ: NWS) today issued the following joint statement:
“21st Century Fox and News Corp have reached a non-binding agreement with Silverstein Properties (SPI) to locate each Company’s corporate headquarters at a new building to be developed by SPI at 200 Greenwich Street/2 World Trade Center. The Companies would anchor a state-of-the art tower designed by Bjarke Ingels Group (BIG) to house studios, newsrooms and teams from across both Companies’ businesses. The new headquarters would provide 21st Century Fox and News Corp with a range of efficiencies as well as the flexibility for future growth, while helping cement Lower Manhattan as a dynamic new hub for media. While no final decisions have been made, we look forward to continuing to work with SPI on the design of the new headquarters and terms of our lease arrangement.”
About 21st Century Fox
21st Century Fox is the world’s premier portfolio of cable, broadcast, film, pay TV and satellite assets spanning six continents across the globe. Reaching more than 1.8 billion subscribers in approximately 50 local languages every day, 21st Century Fox is home to a global portfolio of cable and broadcasting networks and properties, including FOX, FX, FXX, FXM, FS1, Fox News Channel, Fox Business Network, FOX Sports, Fox Sports Network, National Geographic Channels, STAR India, 28 local television stations in the U.S. and more than 300 channels that comprise Fox International Channels; film studio Twentieth Century Fox Film; and television production studios Twentieth Century Fox Television and a 50% ownership interest in Endemol Shine Group. The Company also holds a 39.1% ownership interest in Sky, Europe’s leading entertainment company, which serves 21 million customers across five countries. For more information about 21st Century Fox, please visit www.21CF.com.
About News Corp
News Corp (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content to consumers throughout the world. The company comprises businesses across a range of media, including: news and information services, book publishing, cable network programming in Australia, digital real estate services, digital education, and pay-TV distribution in Australia. Headquartered in New York, the activities of News Corp are conducted primarily in the United States, Australia, and the United Kingdom. More information: www.newscorp.com.