New World Pictures

American independent film production, film distribution company / From Wikipedia, the free encyclopedia

Dear Wikiwand AI, let's keep it short by simply answering these key questions:

Can you list the top facts and stats about New World Pictures?

Summarize this article for a 10 years old


New World Pictures (also known as New World Entertainment and New World Communications Group, Inc.) was an American independent production, distribution, and (in its final years as an autonomous entity) multimedia company. It was founded in 1970 by Roger Corman and Gene Corman as New World Pictures, Ltd., a producer and distributor of motion pictures, eventually expanding into television production in 1984. New World eventually expanded into broadcasting with the acquisition of seven television stations in 1993, with the broadcasting unit expanding through additional purchases made during 1994.

Quick facts: Type, Predecessor, Founded, Founders, Fate...
New World Pictures
TypeHoldings company
PredecessorThe Filmgroup
FoundedJuly 8, 1970; 52 years ago (1970-07-08)
FateAcquired by News Corporation
SuccessorThe Walt Disney Company/Lakeshore Entertainment (library)
Fox Corporation (corporate assets)
Key people
ParentNews Corporation
21st Century Fox (2013–2019)

Animation division:
Fox Family Worldwide
The Walt Disney Company
DivisionsNew World Television
New World Animation

20th Century Fox (then owned by News Corporation), controlled by Rupert Murdoch, became a major investor in 1994 and purchased the company outright in 1997; the alliance with Murdoch, particularly through a group affiliation agreement with New World reached between the two companies in May 1994, helped to cement the Fox network as the fourth major U.S. television network.

Although effectively defunct, it continues to exist as holding companies within the Fox Corporation corporate structure along with various regional subsidiaries (e.g. "New World Communications of Tampa").