Based in Los Angeles, California, Fox Networks Group manages domestic entertainment, sports, and non-fiction channels for 21st Century Fox. It is also involved in corporate investments, typically participating in rounds with 6-7 participants. While Fidelity, Sky, and News Corp are common investors in startups, Fox Networks Group has also partnered with Watertower Ventures, Viacom, and Tribune Broadcasting. The fund tends to invest more than the average amount in lead investments and has a preference for portfolio startups in the Podcast, Media, and Entertainment industries. With a focus on startups that are 6-10 years old, the fund primarily invests in the United States. Notably, some of its popular portfolio startups include Roku, Inc., Share Rocket Inc, and Wondery.