Twenty-First Century Fox

AGREEMENT GRADE
f
Fortune 500 Rank (2018)
109
OWLER CEO APPROVAL RATING
49/100
GLASSDOOR RATING
3.4/5
CEO
James Murdoch

Twenty-First Century Fox, Inc., doing business as 21st Century Fox, is an American multinational mass media corporation that is based in Midtown Manhattan, New York City. It is one of the two companies formed from the 2013 spin-off of the publishing assets of News Corporation, as founded by Rupert Murdoch in 1979. 21st Century Fox is the legal successor to News Corporation dealing primarily in the film and television industries. It is currently the United States’ fourth-largest media conglomerate after The Walt Disney Company, Comcast and AT&T. The other company, the “new” News Corporation, holds Murdoch’s print interests and other media assets in Australia (both owned by him and his family via a family trust with 39% interest in each). Murdoch is co-executive chairman, while his sons Lachlan Murdoch and James Murdoch are co-executive chairman and CEO, respectively.

AG Sources

Fox includes an arbitration agreement in its employment contracts, which requires all disputes between Fox and its workers, including allegations of harassment, to be settled privately via arbitration. Such an agreement clearly benefits Fox by preventing any scandals from going public. Because arbitration is not equipped to handle class action lawsuits, the agreement also prevents Fox’s employees from combining their claims, which further ensures the victims, who are already unlikely to speak out, will be even less likely to file a claim against their employer, no matter how legitimate their claim may be. -Employees Able to Avoid Fox News Arbitration Clause and Pursue Sex Harassment Litigation – Lubin Austermuehle (2016)

COMMENTS

POST A COMMENT