BIG EAST CONFERENCE & FOX SPORTS REACH EXTENSIVE, MULTI-PLATFORM MEDIA RIGHTS AGREEMENT

Rights Commence in 2013-14 Academic Year

Big East Men's Basketball Tournament Coming to FOX Sports 1

New York - The Big East Conference, boasting ten institutions with tradition-rich athletics programs and FOX Sports have entered into a landmark 12-year multi-platform media rights agreement beginning with the 2013-14 academic year. The announcement was made today during a press conference held in New York City attended by the presidents of the Big East's member institutions, along with FOX Sports Co-President and COO Randy Freer and FOX Sports Executive Vice President, Larry Jones. Financial terms were not disclosed.

The reconstituted Big East Conference now features Butler University, Creighton University, DePaul University, Georgetown University, Marquette University, Providence College, St. John's University, Seton Hall University, Villanova University and Xavier University beginning with the 2013-14 academic year. Georgetown, Providence, St. John's and Seton Hall are all founding members of the Big East, which began conference play in 1979. Villanova was added in 1980, while DePaul and Marquette joined in 2005. The official addition of Butler, Creighton and Xavier universities was also announced during the press conference today.

The agreement grants FOX Sports rights to all conference-controlled men's basketball games, select rights to women's basketball, all Olympic sports and extensive rights for highlights and to produce ancillary programming.

FOX Sports 1, FOX Sports' newly minted national multi-sport channel which launches this summer, is slated to televise over 100 men's regular-season basketball games next season. The network is also scheduled to carry the entire Big East Men's Basketball Tournament each season, live from Madison Square Garden in New York City, the tournament's home since 1983, and the longest-running conference tournament played at one venue.

"We applaud all the Big East schools for taking responsibility for their own destiny and forming what is clearly one of the top college basketball leagues in the country," said Freer. "The quality of the competition is obvious. Five teams who will play in the renewed Big East next season are playing in this year's NCAA tournament, and seven qualified for postseason play overall. We're extremely proud and fortunate to offer college basketball of this caliber on FS1 next season and for many seasons to come."

Added Father Dennis Holtschneider, President of DePaul University: "The New Big East is fortunate to have found a partner such as FOX Sports, which shares our intense passion for college basketball, and is committed to celebrating the student-athletes and the natural rivalries that make college athletics so unique and appealing for fans across the nation."

In addition to this season's men's basketball success, schools in the new Big East are a basketball force annually, with a long tradition of NCAA tournament play. Over the years, the new Big East's 10 member institutions have combined for well over 200 NCAA tournament appearances.

Also included in the agreement is a full array of "TV Everywhere" rights which adds to the robust content already available on FOXSports.com, one of the nation's leading sports Internet sites and FOX Sports GO, a groundbreaking mobile sports experience for iPhone, iPad and Android devices launching this August in conjunction with FS1. FOX Sports GO offers more than 1,000 live games and events from across FOX Sports, FS1 and FOX Sports' 22 regional sports networks, as well as scores, highlights, news, stats, and analysis. Live games and events are available to subscribers of participating cable, satellite, and telco providers at no additional cost.

Today's announcement with the Big East Conference reaffirms FOX Sports' long-term commitment to college sports programming. In the last two-and-a-half years, FOX Sports has procured multi-platform media rights associated with five major collegiate conferences: Big East; Big Ten (http://bit.ly/WIfGJL); Big 12 (http://bit.ly/U0xKaA); Conference USA (http://bit.ly/WIg0Z5); and Pac-12 (http://bit.ly/WIg4b5).

FOX Sports now boasts a comprehensive portfolio of college product, with approximately 2,000 marquee events showcased through national and regional platforms, including FOX Sports broadcasts, FS1, FSN, Big Ten Network and FOX College Sports. In addition to the Big Ten, Big 12, Big East, Conference USA and Pac-12, FOX Sports' impressive roster of other conference partners includes the local rights with the ACC and SEC. FOX Sports also has multimedia third-tier rights agreements with Baylor, Florida, Kansas State, Oklahoma, Oklahoma State, TCU, Texas A&M and Texas Tech, which include football, men's and women's basketball, Olympic sports and additional non-game programming.

- Big East Conference/FOX Sports -

About FOX Sports Media Group

FOX Sports Media Group (FSMG) is the umbrella entity representing News Corporation's wide array of multi-platform US-based sports assets. Built with brands capable of reaching more than 100 million viewers in a single weekend, FSMG includes ownership and interests in linear television networks, digital and mobile programming, broadband platforms, multiple web sites, joint-venture businesses and several licensing partnerships. FSMG includes FOX Sports, the sports television arm of the FOX Broadcasting Company; FOX Sports 1; Fox's 22 regional sports networks, their affiliated regional web sites and FSN national programming; FOX Soccer, FOX Soccer Plus and FOX Soccer 2Go; FUEL TV; FOX Deportes and FOX College Sports. In addition, FSMG also encompasses FOX Sports Digital, which includes FOXSports.com on MSN, FOX Sports GO, Whatifsports.com, FOXSportsNext.com and Yardbarker.com. Also included in the Group are Fox's interests in joint-venture businesses Big Ten Network, BTN 2Go and STATS, LLC, as well as licensing agreements that establish the FOX Sports Radio Network and FOX Sports Skybox restaurants.