Twenty-First Century Fox 2014 Annual Report Download - page 12

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6
others. The Company also produces and distributes FX HD, FXX HD and FXM HD, 24-hour national programming
services produced and distributed in high definition (“HD”).
FXX. In September 2013, the Company launched FXX, a general entertainment channel aimed primarily at
young adults. FXX’s line-up includes the comedy series It’s Always Sunny in Philadelphia, The League and Ali G:
Rezurection. In addition, FXX will showcase the television premieres of an extensive slate of theatrical motion
pictures including Ted, Madagascar 3: Europe’s Most Wanted, Xotel Transylvania, The Lorax and Snow White &
the Xuntsman. In November 2013, FXX acquired the exclusive cable rights to air all 552 episodes of The Simpsons.
FXM. FXM splits its programming into two day parts. From 3AM to 3PM, the network airs films from the
historic library of Twentieth Century Fox, uncut and commercial free. From 3PM to 3AM, the network utilizes FX’s
roster of box office blockbuster modern day films. Also featured throughout both day parts are documentaries and
original series that explore the moviemaking process from script to screen. During the 2014-2015 season, FXM will
showcase the television premieres of theatrical motion pictures, including Les Misérables, among others.
National Geographic U.S. The National Geographic Channels air non-fiction and documentary programming
on such topics as natural history, adventure, science, exploration and culture. The Company holds an approximate
70% interest in NGC Network US LLC, which produces and distributes the National Geographic Channel, National
Geographic Channel HD, Nat Geo Wild, Nat Geo Wild HD and Nat Geo Mundo in the United States, with NGT,
LLC, a subsidiary of the National Geographic Society, holding the remaining interest. National Geographic Channel
and National Geographic Channel HD currently reach more than 85 million households in the United States and Nat
Geo Wild and Nat Geo Wild HD reach more than 56 million subscribers in the United States according to Nielsen
Media Research.
Internet Distribution. The Company also distributes programming through its network-branded websites and
applications and licenses programming for distribution through the websites and applications of cable television
systems, direct broadcast satellite operators, telecommunications companies and online video distributors. The
Company’s applications provide live and on-demand streaming of network-related programming, and currently
include Fox Sports Go, which launched in October 2013, Big Ten Network’s application, BTN2Go and FX’s
application, FX Now, which will offer all existing episodes of The Simpsons in an immersive interactive area of the
application called “Simpsons World.”
Fox International Channels (“FIC”). FIC operates, develops and distributes primarily factual, sports, lifestyle
and general entertainment channels in various countries in Europe, Latin America, Africa and Asia, including, but
not limited to, the Fox Channel, Fox Life (which is also distributed in the United States), FX, Fox Crime, FOX
Traveller, the Voyage Channel, Fox Sports, STAR World, STAR Movies (also known as Fox Movies Premium in
certain countries) and Chinese language television programming targeted at Chinese-speaking audiences in Asia.
These channels are distributed either in HD or in standard definition (“SD”) or in certain cases, in both HD and SD.
FIC owns a 52.2% interest in NGC Network International LLC and NGC Network Latin America LLC
(collectively “NGC International”), with NGT, LLC holding a 26.8% interest and a subsidiary of BSkyB holding a
21% interest. In July 2014, the Company entered into an agreement with BSkyB, where the Company will receive
the 21% interest in NGC International held by a subsidiary of BSkyB as part of the consideration for the transfer of
the Company’s interests in Sky Italia. Upon completion of this transaction, FIC’s ownership stake in NGC
International will increase to 73%. NGC International produces the National Geographic Channel, the National
Geographic Channel HD, the Nat Geo Adventure channel (in both HD and SD), the Nat Geo Wild channel (in both
HD and SD) and the Nat Geo Music channel, and these channels are also distributed in various international
markets. The National Geographic Channel is currently shown in 48 languages and in approximately 171 countries
internationally, including the United States.
In September 2013, FIC acquired an additional interest of approximately 22% in LAPTV, increasing FIC’s
interest from approximately 78% to 100%. LAPTV distributes 10 premium pay television channels (Moviecity
Premieres HD, Moviecity Premieres, Moviecity Action HD, Moviecity Action, Moviecity Family HD, Moviecity
Family, Moviecity Hollywood HD, Moviecity Hollywood, Moviecity Classics and Moviecity Mundo) and four
basic television channels (Film Zone HD, Film Zone, Cinecanal and Cinecanal HD) in Latin America (excluding