Businessweek

l entertainment programming across the Middle East under the ‘Farsi1’ and ‘Zemzemeh’ brands. ESPN STAR Sports: The company owns a 50% interest in ESPN STAR Sports, with ESPN, Inc. owning the remainder. ESPN STAR Sports is the primary sports broadcaster in Asia and operates 25 channels in different languages. Phoenix: The company owns an approximate 18% interest in Phoenix, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited. Phoenix owns and operates Chinese language general entertainment, movie, and current affairs channels, all of which are targeted at Chinese audiences worldwide and are primarily distributed on a free or an encrypted basis through pay television platforms in Asia and Europe, and in the United States. Phoenix also operates a new media business, which is listed on the New York Stock Exchange and an outdoor advertising business. PT Visi Media Asia: The company owns an approximate 6.7% interest in PT Visi Media Asia, a company listed on the Indonesia Stock Exchange in 2011. PT Visi Media Asia owns and operates television channels and an online news portal, all of which are targeted at audiences in Indonesia. Competition FOX News: FOX News Channel’s primary competition comes from the cable networks, such as CNN, HLN (CNN’s Headline News), and MSNBC. Fox Business Network’s primary competition comes from the cable networks CNBC and Bloomberg Television. Sports Programming Operations: FSN’s primary competitors include ESPN, ESPN2, NBC Sports Network, and CBS Sports Net. FX: FX faces competition from various basic cable and pay television programming services, such as USA; TNT; Spike TV; Home Box Office, Inc. (HBO); and Showtime Networks Inc. (Showtime). National Geographic U.S.: National Geographic Channel and Nat Geo Wild face competition for viewers and advertising from various basic cable and broadcast television channels, such as Discovery Channel, History Channel, Animal Planet, Travel Channel, Science Channel, History International, Military Channel, Biography, and Tru TV. FILMED ENTERTAINMENT This segment engages in the production and acquisition of live-action and animated motion pictures for distribution and licensing in all formats in all entertainment media worldwide, and the production and licensing of television programming worldwide. Feature Film Production and Distribution Fox Filmed Entertainment (FFE) produces, acquires, and distributes motion pictures worldwide under various arrangements. During the year ended June 30, 2012, FFE placed 25 motion pictures in general release in the United States. The motion pictures of FFE are produced and/or distributed by various units of FFE, including Twentieth Century Fox and Fox 2000, which produce and acquire motion pictures for mainstream audiences; Fox Searchlight Pictures, which produces and acquires specialized motion pictures; and Twentieth Century Fox Animation, which produces feature length animated motion pictures. In addition, Fox International Productions, Inc. co-produces, co-finances, and acquires local-language motion pictures for distribution outside the United States. In the year ended June 30, 2012, the motion pictures produced and/or distributed by FFE in the United States and international territories included Rise of the Planet of the Apes, Alvin and the Chipmunks: Chipwrecked!