Substantial market size and strength
The Fox Entertainment company has four business segments and all are major players in their respective business. The company is one of the world’s largest producers and distributors of motion pictures. Fox also owns and operates television stations in nine of the top 10 US markets, including New York, Los Angeles and Chicago. In the sports segment, Fox Sports Net is one of the largest Regional Sports Network (RSN) programmers in the US with stakes in more than 18 networks. Fox Entertainment is itself a subsidiary of the News Corporation. These assets allow Fox to exercise tremendous influence and leverage this power when launching new shows and programs.