Fox Corporation (stylized in

all-caps In typography, all caps (short for "all capitals") refers to text or a font in which all letters are capital letters, for example: "THIS TEXT IS IN ALL CAPS". All caps may be used for emphasis (for a word or phrase). They are commonly seen in l ...

as FOX Corporation) is a publicly traded American mass media company operated and controlled by media mogul

Rupert Murdoch Keith Rupert Murdoch ( ; born 11 March 1931) is an Australian-born American business magnate. Through his company News Corp, he is the owner of hundreds of local, national, and international publishing outlets around the world, including ...

and headquartered at 1211 Avenue of the Americas in

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

. Incorporated in Delaware, it was formed in 2019 as a result of the acquisition of 21st Century Fox by the Walt Disney Company; the remaining assets that were not acquired by

Disney The Walt Disney Company, commonly known as Disney (), is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. Disney was originally founded on October ...

were spun off from

21st Century Fox Twenty-First Century Fox, Inc., doing business as 21st Century Fox (21CF), was an American multinational mass media corporation that was based in Midtown Manhattan, New York City. It was one of the two companies formed on June 28, 2013, fo ...

as Fox Corporation. Its stock began trading on March 19, 2019. The company is controlled by the Murdoch family via a family trust with 39.6% ownership share.

is chairman, while his son

Lachlan Murdoch Lachlan Keith Murdoch (; born 8 September 1971) is a British-Australian businessman and mass media heir. He is the executive chairman of Nova Entertainment, co-chairman of News Corp, executive chairman and CEO of Fox Corporation, and the f ...

is executive chairman and CEO. Fox Corp. deals primarily in the television

broadcast Broadcasting is the distribution of audio or video content to a dispersed audience via any electronic mass communications medium, but typically one using the electromagnetic spectrum (radio waves), in a one-to-many model. Broadcasting began wi ...

news News is information about current events. This may be provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, or through the testimony of observers and witnesses to event ...

, and

sports broadcasting The broadcasting of sports events (also known as a sportscast) is the live coverage of sports as a television program, on radio, and other broadcasting media. It usually involves one or more sports commentators describing events as they happen. ...

industries. They include the

Fox Broadcasting Company The Fox Broadcasting Company, commonly known simply as Fox and stylized in all caps as FOX, is an American commercial broadcast television network owned by Fox Corporation and headquartered in New York City, with master control operations ...

Fox Television Stations Fox Television Stations, LLC (FTS; alternately Fox Television Stations Group, LLC), is a group of television stations located within the United States, which are owned-and-operated by the Fox Broadcasting Company, a subsidiary of the Fox Co ...

Fox News The Fox News Channel, abbreviated FNC, commonly known as Fox News, and stylized in all caps, is an American multinational conservative cable news television channel based in New York City. It is owned by Fox News Media, which itself is o ...

Fox Business Fox Business (officially known as Fox Business Network, or FBN) is an American business news channel and website publication owned by the Fox News Media division of Fox Corporation. The channel broadcasts primarily from studios at 1211 Avenu ...

, the national operations of

Fox Sports Fox Sports is the brand name for a number of sports channels, broadcast divisions, programming, and other media around the world. The ''Fox Sports'' name has since been used for other sports media assets. These assets are held mainly by the F ...

, and others. Its sister company under Murdoch's control,

News Corp News Corporation, stylized as News Corp, is an American mass media and publishing company headquartered in Midtown Manhattan, New York City. The second incarnation of the original News Corporation, it was formed on June 28, 2013, following a ...

, holds his print interests and other media assets.

History

The company name traces back through a series of mergers and demergers to the Fox Film Corporation founded by William Fox on February 1, 1915.

Formation

On December 14, 2017,

The Walt Disney Company The Walt Disney Company, commonly known as Disney (), is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. Disney was originally founded on Octobe ...

announced its intent to acquire the motion picture, cable entertainment, and direct broadcast satellite divisions of

, including

20th Century Fox 20th Century Studios, Inc. (previously known as 20th Century Fox) is an American film production company headquartered at the Fox Studio Lot in the Century City area of Los Angeles. As of 2019, it serves as a film production arm of Walt Disn ...

, for $52.4 billion. The remainder of the company would form a so-called "New Fox", maintaining control of assets such as Fox's

television network A television network or television broadcaster is a telecommunications network for distribution of television program content, where a central operation provides programming to many television stations or pay television providers. Until the mid ...

and broadcast stations (which Disney, already owning ABC, would be legally unable to own due to an FCC policy known as the "dual network rule", which prohibits mergers between the top broadcast networks),

, the national operations of

, and the

studio lot, which would be leased to Disney for seven years. Fox's

regional sports networks In the United States and Canada, a regional sports network (RSN) is a cable television channel (many of which are also distributed on direct broadcast satellite services) that presents sports programming to a local market or geographical region. ...

were also included in the sale, but were later divested by order of the

Department of Justice A justice ministry, ministry of justice, or department of justice is a ministry or other government agency in charge of the administration of justice. The ministry or department is often headed by a minister of justice (minister for justice in a ...

, on the grounds that the Fox regional networks' combination with Disney's 80% ownership of

ESPN ESPN (originally an initialism for Entertainment and Sports Programming Network) is an American international basic cable sports channel owned by ESPN Inc., owned jointly by The Walt Disney Company (80%) and Hearst Communications (20%). The ...

would make Disney too dominant in the cable sports market. In May 2018, it was confirmed that

, rather than James Murdoch, would take charge of the New Fox company. In mid-2018,

NBCUniversal NBCUniversal Media, LLC is an American multinational mass media and entertainment conglomerate corporation owned by Comcast and headquartered at 30 Rockefeller Plaza in Midtown Manhattan, New York City, United States. NBCUniversal is primar ...

's parent company

Comcast Comcast Corporation (formerly known as American Cable Systems and Comcast Holdings),Before the AT&T merger in 2001, the parent company was Comcast Holdings Corporation. Comcast Holdings Corporation now refers to a subsidiary of Comcast Corpora ...

instigated bidding wars over both the Fox assets Disney planned to purchase, and the British broadcaster

Sky plc Sky Group Limited is a British media and telecommunications conglomerate, which is a division of Comcast, and headquartered in London. It has operations in the United Kingdom, Ireland, Germany, Austria, Switzerland and Italy. Sky is Europe's ...

(a company which 21st Century Fox held a stake in, and was planning to acquire the remainder). In July 2018, Fox agreed to an increase of Disney's offer to $71.3 billion to fend off Comcast's counter-bid. British regulators ordered that a blind auction be held for Sky's assets, which was won by Comcast. On October 10, 2018, it was reported that in preparation for the impending completion of the sale, the new, post-merger organizational structure of "New Fox" would be implemented by January 1, 2019. On November 14, 2018, it was revealed that the new independent company will maintain the original Fox name. On January 7, 2019, Fox Corporation's registration statement was filed by the U.S. Securities and Exchange Commission. On January 11, 2019, Fox stated in a securities filing that it had no plans to bid on its former regional sports networks; they would instead go to a consortium led by

Sinclair Broadcast Group Sinclair Broadcast Group, Inc. (SBG) is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb of Cockeysville, Maryland, ...

, with Fox Corporation continuing to license the FSN name to those stations until Sinclair developed a new brand (the networks would eventually become

Bally Sports The Bally Sports Regional Networks are a group of regional sports networks in the United States owned by Diamond Sports Group, a joint-venture company of the Sinclair Broadcast Group and Entertainment Studios. The naming rights to the network ...

). On March 12, 2019, Disney announced that the sale would be completed by March 20, 2019. On March 19, 2019, Fox Corporation officially began trading on the

S&P 500 The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 large companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices. As of ...

, replacing 21st Century Fox on the index. Republican politician and former

Speaker of the House The speaker of a deliberative assembly, especially a legislative body, is its presiding officer, or the chair. The title was first used in 1377 in England. Usage The title was first recorded in 1377 to describe the role of Thomas de Hunger ...

Paul Ryan Paul Davis Ryan (born January 29, 1970) is an American former politician who served as the 54th speaker of the United States House of Representatives from 2015 to 2019. A member of the Republican Party, he was the vice presidential nominee i ...

also joined Fox Corporation's board at this time. Under the terms of the acquisition, Disney will phase out the Fox brand usage by 2024.

Beginning of operations

Fox Corporation began operating separately on March 19, 2019. Chairman and CEO Lachlan Murdoch led a town hall meeting three days later, indicating that stock would be issued to the corporation's employees based on longevity. In May 2019, via the Fox Sports division, Fox Corporation acquired a 4.99% stake in Canadian

online gambling Online gambling is any kind of gambling conducted on the internet. This includes virtual poker, casinos and sports betting. The first online gambling venue opened to the general public was ticketing for the Liechtenstein International Lottery i ...

operator

The Stars Group The Stars Group Inc. (formerly known as Amaya Inc., Amaya Gaming Group Inc. and Rational Group) was a Canadian gaming and online gambling company headquartered in Toronto, Ontario, Canada. Its shares were traded on Nasdaq and the Toronto Stoc ...

for $236 million. As a result, it was also announced that the companies would co-develop

sports betting Sports betting is the activity of predicting sports results and placing a wager on the outcome. The frequency of sports bet upon varies by culture, with the vast majority of bets being placed on association football, American football, basket ...

products for the U.S. market under the branding Fox Bet. In early July 2019, Fox Entertainment announced the formation of SideCar, with executives led by

Gail Berman Gail Berman (born August 17, 1956) is an American producer and television executive. She is co-owner and founding partner of The Jackal Group, a production entity formed in partnership with Fox Networks Group. The Jackal Group develops and produ ...

. SideCar is a content development unit for Fox and other outlets. In August 2019, Fox Corporation acquired

Credible Labs Credible Labs Inc., commonly known as Credible, is a financial technology company headquartered in San Francisco. The company also does business through its subsidiary Credible Operations, Inc. Its online marketplace offers consumers the abi ...

for $397 million and animation studio Bento Box Entertainment for $50 million. In April 2020, Fox Corporation acquired streaming service Tubi for $440 million. In June 2020, SideCar was shut down by Fox. In September 2021, Fox Corporation acquired TMZ from

WarnerMedia Warner Media, LLC ( traded as WarnerMedia) was an American multinational mass media and entertainment conglomerate. It was headquartered at the 30 Hudson Yards complex in New York City, United States. It was originally established in 1972 by ...

in a deal worth about $50 million with TMZ being operated under the Fox Entertainment division. In December 2021, Fox Corporation acquired the film and television production studio

MarVista Entertainment MarVista Entertainment is an American production company, based in Westwood, Los Angeles, California. The company mainly provides financing and some original content, mainly made-for-TV films and direct-to-SVOD titles, many of which are carri ...

. In September 2022, Fox Corporation announced the launch of Fox Entertainment Studios. This is the company's first venture into entirely in-house television production. The studio debuted its first show,

Monarch A monarch is a head of stateWebster's II New College DictionarMonarch Houghton Mifflin. Boston. 2001. p. 707. Life tenure, for life or until abdication, and therefore the head of state of a monarchy. A monarch may exercise the highest authority ...

, on September 11, 2022. Fox also announced that Fox Entertainment would re-enter the international distribution business by launching a sales unit called Fox Entertainment Global.

Potential re-merger with News Corp

In October 14, 2022, it was announced that, under the instruction of Rupert Murdoch, a special committee had been established to explore a potential merger of Fox and

, bringing the two companies back together after the former 21st Century Fox was spun-off from News Corp in 2013.

Corporate governance

Board of directors

(Chair) *

(Executive Chair) * William A. Burck *

Chase Carey Chase Carey (born 22 November 1953) is an Irish-born American executive. He is the former chief executive officer and executive chairman of the Formula One Group. He has previously worked for News Corp, DIRECTV, 21st Century Fox and Sky plc. Ed ...

* Anne Dias * Roland A. Hernandez * Jacques Nasser *

Executive management

, Executive Chair and Chief Executive Officer ** John P. Nallen, Chief Operating Officer **

Viet D. Dinh Viet D. Dinh ( vi, Đinh Đồng Phụng Việt; born February 22, 1968) is a lawyer and a legal scholar who is Chief Legal and Policy Officer of Fox Corporation and who served as an Assistant Attorney General of the United States from 2001 to 2 ...

, Chief Legal and Policy Officer ** Steve Tomsic, Chief Financial Officer *** Gabrielle Brown, Chief Investor Relations Officer and Executive Vice President ** Michael Biard, President, Operations and Distribution ** Paul Cheesbrough, Chief Technology Officer and President of Digital ** Marianne Gambelli, President of Advertising Sales ** Kevin Lord, Executive Vice President of Human Resources ** Danny O'Brien, Executive Vice President and Head of Government Relations **

Jeffrey A. Taylor Jeffrey A. Taylor is the former interim United States Attorney for the District of Columbia. He is a graduate of Stanford University and Harvard Law School. Career Prior to his work in Washington, DC, Jeffrey Taylor served as an Assistant U.S. ...

, Executive Vice President and General Counsel ** Brian Nick, Chief Communications Officer and Executive Vice President ** Jack Abernethy, Chief Executive Officer,

** Suzanne Scott, Chief Executive Officer, Fox News Media ** Eric Shanks, Chief Executive Officer and Executive Producer,

** Rob Wade, Chief Executive Officer, Fox Entertainment

Assets

As of September 2022. * Fox Entertainment **

***

Fox Now The Fox Broadcasting Company, commonly known simply as Fox and stylized in all caps as FOX, is an American commercial broadcast television network owned by Fox Corporation and headquartered in New York City, with master control operations and ...

***

Animation Domination Animation Domination (also called AniDom, Fox AD, and AD) is an American animated programming block which has aired in two iterations on the Fox broadcast network, featuring a lineup solely made up of prime-time animation and adult animation car ...

** Bento Box Entertainment *** Princess Bento Studio *** Sutikki *** Bento Box Interactive **

Fox Alternative Entertainment Fox Entertainment is an American production company owned by Fox Corporation. The company was formed in 2019 after The Walt Disney Company's acquisition of 21st Century Fox. The programming is created for the Fox Broadcasting Company, MyNetwork ...

** Studio Ramsay Global ** TMZ **

XOF Productions Fox Entertainment is an American production company owned by Fox Corporation. The company was formed in 2019 after The Walt Disney Company's acquisition of 21st Century Fox. The programming is created for the Fox Broadcasting Company, MyNetwork ...

** Tubi **

Fox First Run Fox Entertainment is an American production company owned by Fox Corporation. The company was formed in 2019 after The Walt Disney Company's acquisition of 21st Century Fox. The programming is created for the Fox Broadcasting Company, MyNetwork ...

** Fox Entertainment Studios ** Fox Entertainment Global *

** 28 regional affiliates **

MyNetworkTV MyNetworkTV (unofficially abbreviated MyTV, MyNet, MNT or MNTV, and sometimes referred to as My Network) is an American commercial broadcast television syndication service and former television network owned by Fox Corporation, operated by its ...

Movies! Movies! (also known as simply M!) is an American free-to-air television network, owned by Popcorn Entertainment, LLC, a joint venture between Weigel Broadcasting and the Fox Television Stations subsidiary of Fox Corporation. The network's prog ...

(50% JV with

Weigel Broadcasting Weigel Broadcasting Co. is an American television broadcasting company based in Chicago, Illinois, alongside its flagship station WCIU-TV (Channel 26), at 26 North Halsted Street in the Greektown neighborhood. It currently owns 25 television ...

) **

Fox Soul FOX Soul is a digital television network and live streaming service operated by Fox Television Stations that launched on January 13, 2020. The network features original and syndicated programming targeting African-Americans. It is the first stream ...

* Fox News Media **

Fox News Channel The Fox News Channel, abbreviated FNC, commonly known as Fox News, and stylized in all caps, is an American multinational conservative cable news television channel based in New York City. It is owned by Fox News Media, which itself is ...

Fox News Radio Fox News Radio is an American radio network owned by Fox News. It is syndicated to over 500 AM and FM radio stations across the United States. It also supplies programming for three channels on Sirius XM Satellite Radio. History In 2003, ...

Fox News Talk Fox News Talk is a satellite radio channel that showcases talk shows and news reports from Fox News Channel personalities, along with other Fox News and talk programming. Fox News Talk carries a combination of Fox News syndicated radio programming ...

(radio) **

Fox Nation Fox Nation is an American subscription video on demand service. Announced on February 20, 2018, and launching on November 27 of that year, it is a companion to Fox News Channel carrying programming of interest to its audience, including origina ...

** Fox Weather *** myFoxHurricane.com - a website related to weather. It was launched in 2008. * Fox Sports Media Group ** FS1 ** FS2 ** Fox Deportes (Spanish language) ** Fox Sports Argentina (brand licensing agreement with Mediapro) **

Big Ten Network Big Ten Network (BTN) is an American sports network based in Chicago, Illinois. The channel is dedicated to coverage of collegiate sports sanctioned by the Big Ten Conference, including live and recorded event telecasts, news, analysis programs ...

(61%) ** Fox Soccer Plus ** Fox Sports Racing **

Fox Sports Radio Fox Sports Radio is an American sports radio network. Based in Los Angeles, California, the network is operated and managed by Premiere Networks in a content partnership with Fox Corporation's Fox Sports division and iHeartMedia, parent compan ...

(brand licensing agreement with

iHeartMedia iHeartMedia, Inc., formerly CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. It is the holding company of iHeartCommunications, Inc. (formerly Clear Channel Communications, Inc.), a company fou ...

Premiere Networks Premiere Networks (formerly Premiere Radio Networks, shortened as PRN) is an American media company, a wholly owned subsidiary of iHeartMedia, for which it currently serves as its main original radio content distribution and production arm. ...

) ** Fox Bet **

Fox Sports Digital Media Fox Sports Digital Media, formerly known as News Corp. Digital Media and Fox Interactive Media, is a subsidiary of Fox Sports Media Group which operates Fox Sports' online properties in the United States. History Fox Interactive Media was form ...

*** FoxSports.com **

Flutter Entertainment Flutter Entertainment plc (formerly Paddy Power Betfair plc) is an Irish gambling holding company created by the merger of Paddy Power and Betfair, and the later acquisition of The Stars Group. It is listed on the London Stock Exchange, and i ...

(2.6%) **OutKick ** National Spring Football League Enterprises (JV with Brian Woods) ***

United States Football League (2022) The United States Football League (USFL) is a professional American football minor league that began play on April 16, 2022. The inaugural 2022 regular season was played in its entirety in Birmingham, Alabama. The postseason games were played ...

(67%) * Fox Studios, Los Angeles

Libraries

* Fox Entertainment library **

library ** Bento Box Entertainment library **

library ** Studio Ramsay Global library ** TMZ library **

library ** Tubi originals library ** Gumby library **

library **

library ** Fox Entertainment Studios library *

library **

library * Fox News Media library **

library ***

Fox Movietone News Movietone News is a newsreel that ran from 1928 to 1963 in the United States. Under the name British Movietone News, it also ran in the United Kingdom from 1929 to 1986, in France also produced by Fox-Europa, in Australia and New Zealand until 197 ...

library **

library ** Fox Weather library * Fox Sports Media Group library ** FS1 library ** FS2 library ** Fox Deportes library **

(61%) library ** Fox Soccer Plus library ** Fox Bet library

References

External links

* {{authority control, state=expanded News Corporation 2019 establishments in New York City 2010s in Manhattan American companies established in 2019 Broadcasting companies of the United States Companies based in Manhattan Companies listed on the Nasdaq Corporate spin-offs Mass media companies based in New York City Mass media companies established in 2019 Publicly traded companies based in New York City