system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: FXX just paid $750 million for The Simpsons' syndication rights. The Simpsons is a Fox property, produced by 20th Century Fox. FXX is a Fox property, as part of the Fox media group. So, uh, isn't this just a question of in-house money shuffling?
gpt
FXX is part of the Fox Entertainment Group, which is a *subsidiary* to 20th century Fox.

A subsidiary still has its own finances, its own books, its own CEO, etc. The Parent Company might exercise control over the leadership/business decisions of the subsidiary, and will reap the profits of any revenue made by the subsidiary, but the subsidiary is still its own *company*.

So that company still has to pay for syndication rights to the parent company, and that money probably comes out of its own finances.

There was a bidding process, although that might have been skewed by FXX being a subsidiary. It is also possible that 20th Century Fox might provide some financing to FXX. But its not as simple as 'here take some of our money' - there are regulations in place to keep an eye on money that flows in and out of corporations, including from parent to subsidiary and back.