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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported):
January 4, 2001 (December 21, 2000)
FOX ENTERTAINMENT GROUP, INC.
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(Exact Name of Registrant as Specified in Charter)
Delaware 1-14595 95-4066193
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(State or Other (Commission File (IRS Employer
Jurisdiction of Number) Identification No.)
Incorporation)
1211 Avenue of the Americas
New York, New York 10036
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(Address of Principal Executive Offices)
Registrant's Telephone Number, including
area code: (212) 852-7111
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(Former Address, if changed since last report)
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Item 5: Other Events
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Haim Saban, Chairman and Chief Executive Officer of Fox Family Worldwide
Inc., announced that he has exercised his contractual right to require Fox
Broadcasting Company, a subsidiary of The News Corporation Limited (NYSE:NWS),
to buy his 49.5% stake in Fox Family Worldwide at a price based on the fair
market value of the Company as of January 31, 2001.
Fox Broadcasting currently owns 49.5% of Fox Family Worldwide; Allen & Co.
owns the remaining 1%.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: January 4, 2001
FOX ENTERTAINMENT GROUP, INC.
By: /s/ Lawrence A. Jacobs
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Lawrence A. Jacobs
Secretary
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