Twenty-First Century Fox 2014 Annual Report Download - page 39

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33
ITEM 1B. UNRESOLVED STAFF COMMENTS
None.
ITEM 2. PROPERTIES
The Company owns and leases various real properties in North America, South America, Europe, Australia
and Asia that are utilized in the conduct of its businesses. Each of these properties is considered to be in good
condition, adequate for its purpose and suitably utilized according to the individual nature and requirements of the
relevant operations. The Company’s policy is to improve and replace property as considered appropriate to meet the
needs of the individual operation.
North America
The Company’s principal real properties in North America are the following:
(a)The Fox Studios Lot, in Los Angeles, California, owned by the Company, containing sound stages,
production facilities, administrative, technical and dressing room structures, screening theaters and
machinery, equipment facilities and four restaurants;
(b)The leased office space at Fox Plaza, located adjacent to the Fox Studios Lot and the leased office and
production facility of Shine America in Los Angeles, California;
(c)The leased and owned U.S. headquarters of the Company, located in New York, New York which
includes home offices for Fox News and Fox Television Stations and various other operations;
(d)The leased office and production facilities of Blue Sky Studios in Greenwich, Connecticut;
(e)The leased offices of FSN, Inc. at various locations for studio sports broadcasting;
(f)The leased and owned facilities of Fox Television Stations at various locations; and
(g)The leased sports broadcasting and production facility of FIC in Mexico City, Mexico.
South America
The Company’s principal real properties in South America are the following:
(a)The owned broadcasting and transmission facility of FIC in Buenos Aires, Argentina; and
(b)The leased sports broadcasting and production facility of FIC in Rio de Janeiro, Brazil.
Europe
The Company’s principal real properties in Europe are the following:
(a)The leased office and theater space of TCFF and FIC in London, England;
(b)The leased office and production facilities of Shine at two locations in London, England, one location in
Copenhagen, Denmark and one location in Stockholm, Sweden;
(c)The leased office space and television production and broadcasting studios of Sky Italia in Rome, Italy;
(d)The leased corporate offices and television production and broadcasting studios of Sky Italia in Milan,
Italy; and
(e)The leased office and production facility of Sky Deutschland headquarters in Unterföhring, Germany.