Editing 20th Century Studios (section)

=== Buyout of Four Star ===
Fox bought out the remaining assets of [[Four Star Television]] from [[Ronald Perelman]]'s [[Compact Video]] in 1996.<ref name="Ron Perelman">{{Cite news |date=July 18, 1996 |title=Perelman's Not Out of the Game Just Yet |work=[[Los Angeles Times]] |url=https://www.latimes.com/archives/la-xpm-1996-07-18-fi-25297-story.html |access-date=April 11, 2022}}</ref> The majority of [[Four Star Television]]'s library of programs are controlled by [[20th Television]] today.<ref>{{Cite AV media |url=http://www.life.com/image/50326921 |title=Louis E. Wolfson;David Charnay |date=January 1, 1955 |archive-url=https://web.archive.org/web/20110611121642/http://www.life.com/image/50326921 |archive-date=June 11, 2011 |url-status=dead |medium=Photo |work=Life}}</ref><ref>{{Cite news |date=October 7, 2002 |title=OBIT/Hollywood Producer and Novelist David B. Charnay Dies at Age 90 |work=Business Wire |url=http://findarticles.com/p/articles/mi_m0EIN/is_2002_Oct_7/ai_92526318/}}</ref><ref>{{Cite news |last=McLellan |first=Dennis |date=October 6, 2002 |title=David Charnay, 90; Journalist, Publicist and TV Syndicator |work=Los Angeles Times |url=https://www.latimes.com/archives/la-xpm-2002-oct-06-me-charnay6-story.html|access-date=April 11, 2022}}</ref> After Murdoch's numerous buyouts during the [[Leveraged buyout#1980s|buyout era]] of the eighties, News Corporation had built up financial debts of $7&nbsp;billion (much from Sky TV in the UK), despite the many assets that were held by NewsCorp.<ref name="Witzel">''The encyclopedia of the history of American management'' (2005) [[Morgen Witzel]] Continuum International Publishing Group p393 {{ISBN|978-1-84371-131-5}}</ref> The high levels of debt caused Murdoch to sell many of the American magazine interests he had acquired in the mid-1980s.