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National Geographic Partners was created on September 9, 2015, as a joint venture between the National Geographic Society (which owns 27%) and 21st Century Fox (which owns 73% interest) responsible for handling all National Geographic-branded media businesses, which comprised of existing global Nat Geo channels (that formerly owned by 21CF under license) and NGS-owned National Geographic magazines.

On March 20, 2019, The Walt Disney Company acquired certain 21st Century Fox business, which includes National Geographic Partners; thus making Disney assumed 21CF's 73% controlling interest in the venture.