21st Century Fox and Apollo Global Management have agreed to form a new multi-platform content provider, merging Endemol, Shine Group and CORE Media. According to terms of the deal, 21st Century Fox and Apollo will jointly manage the newly created group, with each owning a 50 percent stake. No financial terms were disclosed for the transaction, which is expected to be completed by the end of this year. AGM Partners is providing financial advice to 21st Century Fox. Also, Sophie Turner Laing, former managing director of content at BSkyB, has been named the group’s CEO.