Fox Corporation announces FOX Media Center in Arizona
NEW YORK and LOS ANGELES, May 2, 2019 / PRNewswire / – Fox Corporation (Nasdaq: FOXA, FOX) (the âCompanyâ) today announced that it will build its new FOX Media Center in the Arizona State University (ASU) Research park in TempÃ©, Arizona. The Center, which will be the Company’s dissemination and technology hub, is expected to be operational in 2021.
Fox Corporation CTO and Head of Direct-to-Consumer Platforms Paul Cheesbrough said, âThe FOX Media Center will be the cornerstone of our investment in technology capabilities and new platforms, and we couldn’t be happier to be a partner and to receive the support of Governor Ducey, Arizona Commerce Authority, City of Temple, and Arizona State University to deliver that vision. “
The FOX Media Center will provide the essential foundation for the company’s current and future digital broadcasting and content distribution capabilities. The Center will have the capacity to manage and distribute hundreds of thousands of hours of programming each year to over 200 FOX affiliate stations and over 800 distribution partners across the country. The FOX Media Center will incorporate a range of investments and partnerships in key areas, including cloud computing, software engineering, artificial intelligence, enhanced video processing, and new delivery standards such as ATSC 3.0 and 5G.
About Fox Corporation
Fox Corporation produces and distributes compelling news, sports and entertainment content through its iconic national brands, including: FOX News, FOX Sports, the FOX Network and FOX TV stations. These brands have cultural significance for consumers and commercial significance for distributors and advertisers. The breadth and depth of our footprint allows us to deliver content that engages and informs audiences, develops deeper relationships with consumers, and creates more engaging product offerings. FOX maintains an impressive track record of success in the information, sports and entertainment industry that will shape our strategy to capitalize on current strengths and invest in new initiatives. For more information on Fox Corporation, please visit www.FoxCorporation.com.
SOURCE Fox Corporation