New World Pictures

New World Pictures
Company type	Subsidiary
Predecessor	The Filmgroup
Founded	July 8, 1970
Founders	Roger Corman; Gene Corman;
Defunct	January 22, 1997
Fate	Acquired by News Corporation
Successor	The Walt Disney Company; (through 20th Century Studios and BVS Entertainment); (post-1989 films and TV programs only); Shout! Studios; (through New Concorde); (1970–1984 films only); Vine Alternative Investments; (through Lakeshore Entertainment); (1984–1989 films and TV programs only); Fox Corporation (corporate assets only)
Headquarters	Atlanta, Georgia, United States
Key people	Robert Rehme (CEO, 1983–1989); Ronald Perelman (CEO; 1989–1997);
Products	Motion pictures; Television production and distribution; Television broadcasting;
Parent	News Corporation ; (1996–2013) ; 21st Century Fox (2013–2019)
Divisions	New World Television ; New World Animation

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.

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, specifically 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").

^ Charles Ealy (July 18, 1996). "Murdoch buys New World for $2.8 billion News Corp.; deal includes Channel 4". The Dallas Morning News. A.H. Belo Corporation. Retrieved December 26, 2012.

[dmn-newscorpnewworld-1] Charles Ealy (July 18, 1996). "Murdoch buys New World for $2.8 billion News Corp.; deal includes Channel 4". The Dallas Morning News. A.H. Belo Corporation. Retrieved December 26, 2012.

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