Jesta Group Acquires Fox Mobile Group from News Corporation

New York, NY, December 22, 2010 – Jesta Group (http://www.jesta.com) today announced the acquisition of Fox Mobile Group (FMG) from News Corporation. A leading global entertainment provider, FMG includes such well-known consumer brands as Jamba, Jamster, Mobizzo and iLove, as well as Bitbop, a mobile video service and entertainment platform launched in the U.S. in early 2010. FMG, which will be renamed and become a part of Jesta Mobile Holdings, is co-headquartered in Berlin, Germany, and Beverly Hills, California, and operates in North America, Europe, South America and Australia.

"We believe that mobile entertainment is an important emerging market and we are excited about this acquisition and the opportunities for growth it presents", said Jason Aintabi, president of Jesta Group. "FMG's unique ten-year history in mobile entertainment services; its stature as a trusted partner with carriers and device manufacturers; and its many successful consumer brands give it a clear advantage in this rapidly developing sector. We look forward to working with the many talented and dedicated global employees of FMG and to a very bright future for the company and its brands."

Mark Anderson, COO of FMG, added: "We are all very excited to grow this business under Jesta Group's leadership, and to build upon the solid base established under News Corp.'s stewardship."

Allen & Company LLC served as financial advisor to News Corporation on the transaction.

The transaction was completed on December 22, 2010. Financial details were not disclosed.  

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About Jesta Group

Jesta Group is a diversified company with a long history as a leading investor in all classes of global real estate and hospitality as well as in other important sectors of the economy, notably in the fields of manufacturing, technology and aviation. Jesta is headquartered in London, Paris, Montreal and New York.

For further information please contact:

Stefanie Johnston of Jesta Group, +1-212-792-6096, sjohnston@jesta.com; or

Dan Berger of News Corporation, +1-310-369-1274, dberger@newscorp.com; or

Paula Batson of Fox Mobile Group, +1-917-873-8294, paula.batson@foxmobile.com

René La Taupe Receives Gold Record for Mignon Mignon Single

Berlin, December 16, 2010 – René La Taupe has now officially received his first gold record in France, signifying sales of 200.000 digital and physical units of his first hit single Mignon Mignon (Engl.: Yummy Yummy). Initially released in August 2010, the song ranked on No. 1 at the official French CD Single Charts (Disqueenfrance.com, SNEP) for 13 weeks. On YouTube the single has been viewed more than 16 million times.

René La Taupe was created in the Fox Mobile Group studios in partnership with Famties Production. The aim was to create a product with an entertaining character that was both funny and outspoken. After starting life as a ring tone, René quickly became popular around the world. The song is available in 6 different languages.

René discusses everyday problems in his inimitable way and gives everyone a chance to laugh and feel better about themselves and their problems. In Autumn 2010 the next single Tu Parles Trop (Engl.: You Talk Too Much) has been successfully released and hit No. 3 in the French CD Single Charts. A full album followed, including new songs such as Bonjour, Ding Dong and Salade de Pets as well as his successful hit singles, Mignon Mignon and Tu Parles Trop. The album also features exclusive Christmas songs including Petit Papa Noël and Kado de Noël.

“We are extremely proud of René La Taupe and very happy about his international success and popularity,” said William Linders, Executive Vice President Content at Fox Mobile Group. “The gold record is a great achievement for Fox Mobile Group. The success of this animated character proves our successful strategy of creating original made for mobile content that resonates with people around the world.” 

All René La Taupe products including ring tones, video ring tones, wall papers, full track songs, and videos can be found here. For the latest updates on René, and for more information about future release dates, visit René on Facebook.

Picture (from left to right): Marc Siegert (Fox Mobile Group studios), Severine Thomazo (Marketing France), Milan Goltz (Music Licensing) and William Linders (EVP Content) – receiving the gold record for René La Taupe’s hit single Mignon Mignon representative for Fox Mobile Group.

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About Fox Mobile Group

Fox Mobile Group (FMG) is a global leader in mobile content distribution, production and services, offering more of the benefits of mobile entertainment to consumers and business partners than anyone else. A division of News Corporation’s Digital Media Group, FMG distributes and produces more mobile entertainment to more people and business partners in more ways and in more places than anyone else in the world.

Headquartered in Berlin, Germany and Beverly Hills, Calif., FMG is wholly-owned by News Corporation (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV).

For further information please contact

FMG press:

Juliane Walther

Tel: +49 (0)30 69 538 – 120

E-mail: press@foxmobile.com