William Fox was a New York City exhibitor who began distributing films in 1904 and producing them in 1913. In 1915 he moved his studio to Los Angeles and named it the Fox Film Corporation. In 1927 the company secured the patents to a German sound-on-film process, and later that year it introduced the first sound newsreel, Fox-Movietone News. Having borrowed heavily to finance these moves on the eve of the Great Depression, Fox lost control of his company in 1930. The studio then foundered until its merger with Twentieth Century Pictures. The latter company was founded by Joseph Schenck and Darryl F. Zanuck in 1933 after Zanuck had quit as head of production at the Warner Brothers studio. The two companies merged in 1935 to form Twentieth Century–Fox.
A poster for Miracle on 34th Street, circa 1947
A noteworthy development during this period was the creation of 20th Century Fox Television in 1949. However, it was a separate company from the film studio.
In 1953 Twentieth Century–Fox introduced CinemaScope, the process by which a picture is projected on a screen two and a half times as wide as it is high; the company’s first wide-screen feature film, The Robe (1953), began the trend toward the use of wide screens in motion-picture theatres. Twentieth Century–Fox was the studio that brought Marilyn Monroe to stardom in the 1950s. Among the studio’s most successful musicals of the decade were The King and I (1956) and South Pacific (1958).
Twentieth Century–Fox almost foundered after the box-office failure of its enormously expensive epic Cleopatra (1963), and Zanuck was brought back to serve as chief executive in place of Spyros Skouras (1942–62). Zanuck risked the company’s remaining fortunes on another epic, The Longest Day (1962), whose commercial success kept the company alive. The even greater commercial success of The Sound of Music (1965) was followed by several highly expensive flops, but the studio retrieved its fortunes with such films as Patton (1970) and M*A*S*H (1970). During this time it also began producing the popular Planet of the Apes series. Other big box-office successes in the 1970s included The Towering Inferno (1975), the cult classic The Rocky Horror Picture Show (1975), and Star Wars (1977; later retitled Star Wars: Episode IV—A New Hope), the latter of which launched one of the most lucrative film series in the history of the industry.
An original poster for Star Wars
In 1981 the Twentieth Century–Fox Film Corporation was bought by Marvin Davis and his family, who in turn, in the course of 1985, sold it to the international publisher Rupert Murdoch. At this time the hyphen was dropped from the name. Murdoch consolidated his American film and television companies under a holding company, Fox, Inc., which was overseen by the News Corporation conglomerate. In 2013 News Corporation split into separate publishing and television/film companies, called News Corporation and 21st Century Fox, respectively. Thus, 20th Century Fox came under the oversight of 21st Century Fox. In 2017 the Disney Company agreed to purchase 20th Century Fox and most other holdings of 21st Century Fox. The deal closed two years later and was valued at about $71 billion.