I apologize. I thought you were saying that 21st Century Fox was not a behemoth of a company. So, my bad on that. I honestly think everything will be fine though! Here is a comparison of each company. I do not really see how you can say they do not own distribution of Fox News though? The Murdoch family own it, they control what comes out of their company.
It might be a bit of jet lag hitting me, so I apologize again if I simply am not understanding how "distribution" works. Though I thought I did.
21st Century Fox
Owner: Rupert Murdoch and other investors on Nasdaq
Based: New York
Employees: 25,600
Chairman and chief executive: Rupert Murdoch
Co-chairman: Lachlan Murdoch
Stock market value: $50bn
Revenue: $27bn
Profit: $7.3bn
Owns:
• Fox News, and Fox Movie channel and a range of television stations which claim to reach 37% of US households. Makes the Simpsons, Modern Family, 24, Glee
National Geographic channel, Big Ten Network, STAR India which has 44 channels in seven languages.
• TV production company Shine makes MasterChef, One Born Every Minute and Minute to Win It.
• Movie studio 20th Century Fox, maker of Life of Pi, Slumdog Millionaire, Fault in Our Stars
• Owns library of films ranging from The Sound of Music to Ice Age and Star Wars films.
• Part-owns Sky Deutschland, Sky Italia and a 39% stake in BSkyB.
Time Warner
Owner: Quoted on New York Stock Exchange
Based: New York
Employees: 34,000
Chairman and chief executive: Jeffrey Bewkes
Stock market value: $62bn
Revenue: $30bn
Profit: $3.6bn
Owns:
• News channel CNN
• Pay television service HBO (Home Box Office) which makes Game of Thrones, True Blood, and Boardwalk Empire
• Cartoon Network
• Movie studio Warner Brothers, maker of Harry Potter, Gravity and the Lego Movie