SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                     ------

                                 SCHEDULE 13G/A
                                 (Rule 13d-102)

             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
           TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
                            PURSUANT TO RULE 13d-2(b)
                                (Amendment No. 2)


                          Fox Entertainment Group, Inc.
                        ---------------------------------
                                (Name of Issuer)


                 Class A Common Stock, par value $.01 per share
                 ----------------------------------------------
                         (Title of Class of Securities)


                                   35138T 10 7
                 ----------------------------------------------
                                 (CUSIP Number)






--------------------------------------------------------------------------------
1  Name of Reporting Persons/S.S. or I.R.S. Identification Nos. of Above Persons

    The News Corporation Limited
--------------------------------------------------------------------------------
2  Check the Appropriate Box if a Member of a Group          (a)   {_}
                                                             (b)   {_}
--------------------------------------------------------------------------------
3  SEC Use Only
--------------------------------------------------------------------------------
4  Citizenship or Place of Organization
   South Australia, Australia
--------------------------------------------------------------------------------
         Number of                 5     Sole Voting Power
          Shares                         725,136,375/1/
       Beneficially
         Owned by
           Each
        Reporting
       Person with
                              --------------------------------------------------
                                   6     Shared Voting Power
                                         0
                              --------------------------------------------------
                                   7     Sole Dispositive Power
                                         725,136,375/1/
                              --------------------------------------------------
                                   8     Shared Dispositive Power
                                         0
--------------------------------------------------------------------------------
9  Aggregate Amount Beneficially Owned by Each Reporting Person
   725,136,375/1/
--------------------------------------------------------------------------------
10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares   {_}
--------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
   85.32%/1/

--------------------------------------------------------------------------------
12 Type of Reporting Person
   CO
--------------------------------------------------------------------------------

----------
/1/  Includes 547,500,000 shares of Class B Common Stock, par value $.01 per
     share (the "Class B Common Stock") of the Issuer. The Class B Common Stock
     is convertible into Class A Common Stock, par value $.01 per share (the
     "Class A Common Stock" and, together with the Class B Common Stock, the
     "Common Stock"), on a share-for-share basis. Holders of Class B Common
     Stock are entitled to 10 votes per share on all matters submitted to a vote
     of stockholders. As of December 31, 2001, the Reporting Persons
     beneficially owned Common Stock of the Issuer representing approximately
     97.8% of the voting power of the Issuer and approximately 85.32% of the
     outstanding Common Stock of the Issuer. See Item 4.

                                       -2-



--------------------------------------------------------------------------------

1    Name of Reporting Persons/I.R.S. Identification Nos. of Above Persons

     News America Incorporated (13-3249610)
--------------------------------------------------------------------------------
2    Check the Appropriate Box if a Member of a Group        (a)   {_}
                                                             (b)   {_}
--------------------------------------------------------------------------------
3    SEC Use Only

--------------------------------------------------------------------------------
4    Citizenship or Place of Organization
     Delaware
--------------------------------------------------------------------------------
           Number of                5     Sole Voting Power
            Shares                        725,136,375/2/
         Beneficially
           Owned by
             Each
           Reporting
          Person with
                              --------------------------------------------------
                                    6     Shared Voting Power
                                          0
                              --------------------------------------------------
                                    7     Sole Dispositive Power
                                          725,136,375/2/
                              --------------------------------------------------
                                    8     Shared Dispositive Power
                                          0
--------------------------------------------------------------------------------
9    Aggregate Amount Beneficially Owned by Each Reporting Person
     725,136,375/2/
--------------------------------------------------------------------------------
10   Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  {_}
--------------------------------------------------------------------------------
11   Percent of Class Represented by Amount in Row (9)
     85.32%/2/
--------------------------------------------------------------------------------
12   Type of Reporting Person
     CO
--------------------------------------------------------------------------------

----------
/2/  Includes 547,500,000 shares of Class B Common Stock of the Issuer. The
     Class B Common Stock is convertible into Class A Common Stock on a
     share-for-share basis. Holders of Class B Common Stock are entitled to 10
     votes per share on all matters submitted to a vote of stockholders. As of
     December 31, 2001, the Reporting Persons beneficially owned Common Stock of
     the Issuer representing approximately 97.8% of the voting power of the
     Issuer and approximately 85.32% of the outstanding Common Stock of the
     Issuer. See Item 4.

                                      -3-




1    Name of Reporting Persons/I.R.S. Identification Nos. of Above Persons

     K. Rupert Murdoch
--------------------------------------------------------------------------------
2    Check the Appropriate Box if a Member of a Group          (a)   {_}
                                                               (b)   {_}
--------------------------------------------------------------------------------
3    SEC Use Only
--------------------------------------------------------------------------------
4    Citizenship or Place of Organization
     United States
--------------------------------------------------------------------------------
           Number of                 5     Sole Voting Power
            Shares                         725,136,375/3/
         Beneficially
            Owned by
             Each
           Reporting
          Person with
                              --------------------------------------------------
                                     6     Shared Voting Power
                                           0
                              --------------------------------------------------
                                     7     Sole Dispositive Power
                                           725,136,375/3/
                              --------------------------------------------------
                                     8     Shared Dispositive Power
                                           0
--------------------------------------------------------------------------------
9    Aggregate Amount Beneficially Owned by Each Reporting Person
     725,136,375/3/
--------------------------------------------------------------------------------
10   Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  {_}
--------------------------------------------------------------------------------
11   Percent of Class Represented by Amount in Row (9)
     85.32%/3/
--------------------------------------------------------------------------------
12   Type of Reporting Person
     IN
--------------------------------------------------------------------------------

----------
/3/  Includes 547,500,000 shares of Class B Common Stock of the Issuer. The
     Class B Common Stock is convertible into Class A Common Stock on a
     share-for-share basis. Holders of Class B Common Stock are entitled to 10
     votes per share on all matters submitted to a vote of stockholders. As of
     December 31, 2001, the Reporting Persons beneficially owned Common Stock of
     the Issuer representing approximately 97.8% of the voting power of the
     Issuer and approximately 85.32% of the outstanding Common Stock of the
     Issuer. See Item 4.

                                      -4-




1    Name of Reporting Persons/I.R.S. Identification Nos. of Above Persons

     FEG Holdings, Inc. (51-0385056)
--------------------------------------------------------------------------------
2    Check the Appropriate Box if a Member of a Group       (a)  {_}
                                                            (b)  {_}
--------------------------------------------------------------------------------
3    SEC Use Only
--------------------------------------------------------------------------------
4    Citizenship or Place of Organization
     Delaware
--------------------------------------------------------------------------------
           Number of                 5     Sole Voting Power
            Shares                         725,136,375/4/
         Beneficially
           Owned by
             Each
          Reporting
         Person with
                              --------------------------------------------------
                                     6     Shared Voting Power
                                           0
                              --------------------------------------------------
                                     7     Sole Dispositive Power
                                           725,136,375/4/
                              --------------------------------------------------
                                     8     Shared Dispositive Power
                                           0
--------------------------------------------------------------------------------
9    Aggregate Amount Beneficially Owned by Each Reporting Person
     725,136,375/4/
--------------------------------------------------------------------------------
10   Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  {_}
--------------------------------------------------------------------------------
11   Percent of Class Represented by Amount in Row (9)
     85.32%/4/
--------------------------------------------------------------------------------
12   Type of Reporting Person
     CO
--------------------------------------------------------------------------------

----------
/4/  Includes 547,500,000 shares of Class B Common Stock of the Issuer. The
     Class B Common Stock is convertible into Class A Common Stock on a
     share-for-share basis. Holders of Class B Common Stock are entitled to 10
     votes per share on all matters submitted to a vote of stockholders. As of
     December 31, 2001, the Reporting Persons beneficially owned Common Stock of
     the Issuer representing approximately 97.8% of the voting power of the
     Issuer and approximately 85.32% of the outstanding Common Stock of the
     Issuer. See Item 4.

                                      -5-





Item 1(a).  Name of Issuer:

            Fox Entertainment Group, Inc. (the "Issuer")



Item 1(b).  Address of Issuer's Principal Executive Offices:

            1211 Avenue of the Americas
            New York, NY 10036



                                          
Item 2(a).  Name of Person Filing:           Item 2(b).  Address of Principal Office, or,
            ---------------------                        --------------------------------
                                                         If None, Residence:
                                                         ------------------

            The News Corporation Limited                 2 Holt Street, Sydney
                                                         New South Wales, 2010 Australia

            News America Incorporated                    1211 Avenue of the Americas
                                                         New York, New York 10036

            FEG Holdings, Inc.                           1211 Avenue of the Americas
                                                         New York, New York 10036

            Mr. K. Rupert Murdoch                        1211 Avenue of the Americas
                                                         New York, New York 10036



            The News Corporation Limited ("News Corporation"), News America
            Incorporated ("NAI"), FEG Holdings, Inc. ("FEG Holdings") and Mr. K.
            Rupert Murdoch are referred to herein collectively as the "Reporting
            Persons."

            Reference is made to the Joint Filing Agreement of the Reporting
            Persons, attached to the original filing of this statement on
            Schedule 13G, filed pursuant to Rule 13d-1(k)(l) under the
            Securities Exchange Act of 1934, as amended.


Item 2(c).  Citizenship or Place of Incorporation for each Reporting Person:
            ---------------------------------------------------------------

            News Corporation is incorporated under the laws of South
            Australia, Australia.

            NAI is incorporated under the laws of the State of Delaware.

            FEG Holdings is incorporated under the laws of the State of
            Delaware.

            Mr. Murdoch is a United States citizen.



Item 2(d).  Title of Class of Securities:
            ----------------------------

            Class A Common Stock, par value $.01 per share

Item 2(e).  CUSIP Number:
            ------------

            35138T 10 7
                                      -6-



Item 3.       If This Statement is Filed Pursuant to Rule 13d-1(b) or 13d-2(b)
              -----------------------------------------------------------------
              or (c), Check Whether the Person Filing is a:
              ---------------------------------------------

         (a)  {_} Broker or dealer registered under Section 15 of the Exchange
                  Act.
         (b)  {_} Bank as defined in Section 3(a)(6) of the Exchange Act.
         (c)  {_} Insurance company as defined in Section 3(a)(19) of the
                  Exchange Act.
         (d)  {_} Investment company registered under Section 8 of the
                  Investment Company Act.
         (e)  {_} An investment adviser in accordance with
                  Rule 13d-1(b)(1)(ii)(E).
         (f)  {_} An employee benefit plan or endowment fund in accordance with
                  Rule 13d-1(b)(1)(ii)(F).
         (g)  {_} A parent holding company or control person in accordance with
                  Rule 13d-1(b)(1)(ii)(G).
         (h)  {_} A savings association as defined in Section 3(b) of the
                  Federal Deposit Insurance Act.

         (i)  {_} A church plan that is excluded from the definition of an
                  investment company under Section 3(c)(14) of the
                  Investment Company Act.
         (j)  {_} Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

       If this statement is filed pursuant to Rule 13d-1(c), check this box. {_}

Item 4.       Ownership:
              ---------

         (a)    Amount Beneficially Owned: 725,136,375
         (b)    Percent of Class: 85.32%
         (c)    Number of shares as to which such person has:

                (i)   sole power to vote or to direct the vote: 725,136,375
                (ii)  shared power to vote or to direct the vote:  0
                (iii) sole power to dispose or to direct the disposition of:
                      725,136,375

                (iv)  shared power to dispose or to direct the disposition of:
                      0

              FEG Holdings is the direct beneficial owner of 177,636,375
              shares of the Issuer's Class A Common Stock and 547,500,000
              shares of the Issuer's Class B Common Stock. The Class B Common
              Stock is convertible into Class A Common Stock on a
              share-for-share basis. Holders of Class B Common Stock are
              entitled to 10 votes per share on all matters submitted to a
              vote of stockholders. As a result, the shares of Common Stock of
              the Issuer reported herein represent approximately 97.8% of the
              voting power of the Issuer and approximately 85.32% of the
              outstanding Common Stock of the Issuer.

              As FEG Holdings is a wholly-owned subsidiary of NAI, and NAI is
              owned by News Corporation through certain intermediaries, each
              of NAI and News Corporation may be deemed to own beneficially
              the shares of the Issuer's Common Stock reported herein.

              Approximately 29% of the voting stock of News Corporation is
              owned by (i) Mr. Murdoch, (ii) Cruden Investments Pty. Limited,
              which is a private Australian investment company owned by Mr.
              Murdoch, members of his family and various corporations and
              trusts, the beneficiaries of which include Mr. Murdoch, members
              of his family and certain charities, and (iii) corporations
              which are controlled by

                                      -7-



              trustees of settlements and trusts set up for the benefit of the
              Murdoch family, certain charities and other persons. By virtue
              of the shares of News Corporation owned by such persons and
              entities, and Mr. Murdoch's positions as Chairman and Chief
              Executive of News Corporation and Chairman and Chief Executive
              Officer of the Issuer, Mr. Murdoch may be deemed to control the
              operations of News Corporation and the Issuer.

Item 5.       Ownership of Five Percent or Less of a Class:
              --------------------------------------------

              If this statement is being filed to report the fact that as of
              the date hereof the reporting person has ceased to be the
              beneficial owner of more than five percent of the class
              securities, check the following:  {_}

Item 6.       Ownership of More than Five Percent on Behalf of Another Person:
              ---------------------------------------------------------------

              Not Applicable.

Item 7.       Identification and Classification of the Subsidiary which Acquired
              the Security Being Reported on by the Parent Holding Company:
              ------------------------------------------------------------

              Not Applicable.

Item 8.       Identification and Classification of Members of a Group:
              -------------------------------------------------------

              Not Applicable.

                                      -8-



Item 9.       Notice of Dissolution of Group:
              ------------------------------

              Not Applicable.

Item 10(a) and (b).   Certification:
                      -------------

              Not Applicable.

                                      -9-



                                    SIGNATURE

         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Dated: February 13, 2002

                                          THE NEWS CORPORATION LIMITED

                                          By:/s/ Arthur M. Siskind
                                             --------------------------
                                          Name:  Arthur M. Siskind
                                          Title: Director

                                      -10-



                                    SIGNATURE

         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Dated: February 13, 2002

                                          NEWS AMERICA INCORPORATED

                                          By:/s/ Arthur M. Siskind
                                          -------------------------------
                                          Name: Arthur M. Siskind
                                          Title: Senior Executive Vice President
                                                 and General Counsel

                                      -11-



                                    SIGNATURE

         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Dated: February 13, 2002

                                          FEG HOLDINGS, INC.

                                          By:/s/ Paula Wardynski
                                          ------------------------------
                                          Name: Paula Wardynski
                                          Title: Vice President

                                      -12-



                                    SIGNATURE

         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Dated: February 13, 2002


                                            /s/  K. Rupert Murdoch
                                            -----------------------------
                                            K. Rupert Murdoch

                                      -13-