Fox Corporation

Fox Corporation is an American mass media company formed as a result of the acquisition of the 21st Century Fox by The Walt Disney Company to serve as the corporate spin-off for the assets not included in the deal. The company began trading on March 19, 2019, the eve of the expected completion of the Disney acquisition of the remainder of 21st Century Fox. Fox Corporation is the legal successor to 21st Century Fox, which was a successor to News Corporation, dealing primarily in the television broadcast, news and sports broadcasting industries.

Warning: this part is fanmade
on January the 17th of 2021, The Walt Disney Company announced to spin off all of the Fox properties that it aquired to Fox Corporation for 45 billion dollars which would later change both 20th Century Studios and Searchlight Pictures' names back to 20th Century Fox and Fox Searchlight Pictures. Later the following month, News Corp announced that it would use its money to buy Starz and Summit Entertainment from Lionsgate for 4 billion while they use the rest of their money to merge with ViacomCBS. But since the U.S. goverment didn't allow ViacomCBS and Fox Corporation to have more than two broadcast networks (The CW doesn't count) so both companies decided to launch main units of these two companies, 20th Century Fox Communications and Paramount Corporation so that would make ViacomCBSFOX become more of a holdings company. Until then, private equity company, Apax Partners decided to own the merged company as well as well as Verizon Communications and Hasbro buying in as well., Which forced Hasbro to sell all of its shares of Discovery Family to Discovery. And later, News Corp, Apax Partners, Verizon and Hasbro decided to buy some certain assets from The Walt Disney Company. And later on, Fox Broadcasting Company brought a 25% stake in MeTV. Until September, ViacomCBSFOX Corporation was launched.