Fox Corporation (stylized in all-caps 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 The Delaware General Corporation Law (Title 8, Chapter 1 of the Delaware Code) is the statute of the Delaware Code that governs corporate law in the U.S. state of Delaware. Adopted in 1899, the statute has since seen Delaware become the most imp ...

, it was formed in 2019 as a result of the

acquisition of 21st Century Fox by the Walt Disney Company The acquisition of 21st Century Fox by Disney was announced on December 14, 2017, and was completed on March 20, 2019. Among other key assets, the acquisition of 21st Century Fox by the Walt Disney Company included the 20th Century Fox film and ...

; 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 as Fox Corporation. Its stock began trading on March 19, 2019. The company is controlled by the

Murdoch family Members of the Murdoch family are prominent international media magnates and media tycoons with roots in Australia and the United Kingdom, along with their media assets in the United States. Some members have also been prominent in the arts ...

via a family trust with 39.6% ownership share.

is chairman, while his son Lachlan Murdoch 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 ...

news News is information about current events. This may be provided through many different Media (communication), media: word of mouth, printing, Mail, postal systems, broadcasting, Telecommunications, electronic communication, or through the tes ...

, and sports broadcasting 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 an ...

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 Corp ...

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 owne ...

, Fox Business, 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 Fo ...

, 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 News Corporation (1980–2013), original News Corporation, it was formed ...

, 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 The Fox Film Corporation (also known as Fox Studios) was an American Independent film production studio formed by William Fox (1879–1952) in 1915, by combining his earlier Greater New York Film Rental Company and Box Office Attractions Film C ...

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 October ...

announced its intent to acquire the motion picture, cable entertainment, and direct broadcast satellite divisions of 21st Century Fox, 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 Dis ...

, 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 multichannel video programming distributo ...

and broadcast stations (which Disney, already owning

ABC ABC are the first three letters of the Latin script known as the alphabet. ABC or abc may also refer to: Arts, entertainment, and media Broadcasting * American Broadcasting Company, a commercial U.S. TV broadcaster ** Disney–ABC Television ...

, would be legally unable to own due to an

FCC The Federal Communications Commission (FCC) is an independent agency of the United States federal government that regulates communications by radio, television, wire, satellite, and cable across the United States. The FCC maintains jurisdictio ...

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 Lachlan Murdoch, rather than

James Murdoch James Rupert Jacob Murdoch (born 13 December 1972) is a British-American businessman, the younger son of media mogul Rupert Murdoch, and was the chief executive officer (CEO) of 21st Century Fox from 2015 to 2019. He was the chairman and CEO fo ...

, 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 primari ...

'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 (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 In the United States, a registration statement is a set of documents, including a prospectus, which a company must file with the U.S. Securities and Exchange Commission before it proceeds with a public offering A public offering is the offering of ...

was filed by the

U.S. Securities and Exchange Commission The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market ...

. 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 D ...

, 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 Hungerf ...

Paul Ryan 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 Stock E ...

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 abilit ...

for $397 million and animation studio

Bento Box Entertainment Bento Box Entertainment (also known as Bento Box Animation) is an American animation studio located in the North Hollywood neighborhood of Los Angeles, California. It was founded in 2009 by executive producers Scott Greenberg, Joel Kuwahara, and ...

for $50 million. In April 2020, Fox Corporation acquired streaming service

Tubi Tubi is an American over-the-top content platform and ad-supported streaming service owned by Fox Corporation. The service was launched on April 1, 2014, and is based in Los Angeles, California. In January 2021, Tubi reached 33 million monthly ...

for $440 million. In June 2020, SideCar was shut down by Fox. In September 2021, Fox Corporation acquired

TMZ TMZ is a tabloid news website owned by Fox Corporation. It made its debut on November 8, 2005, originally as a collaboration between AOL and Telepictures, a division of Warner Bros., until Time Warner divested AOL in 2009. On September 13, 202 ...

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 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 ...

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 carried b ...

. 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) * Lachlan Murdoch (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. ...

* Anne Dias * Roland A. Hernandez *

Jacques Nasser Jacques Albert Nasser (Arabic: جاك نصر; born 12 December 1947) is a Lebanese Australian American business executive and philanthropist. Known for a management career at Ford Motor Company spanning several decades and continents, from 19 ...

* Paul Ryan

Executive management

* Lachlan Murdoch, 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 20 ...

, 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, 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,

Assets

As of September 2022. *

***

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 an ...

*** Animation Domination **

*** 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, MyNetwor ...

** Studio Ramsay Global **

** XOF Productions **

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, MyNetwor ...

** 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 s ...

) **

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 streami ...

* 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 owne ...

** Fox Business **

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 (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 Fox Weather is a digital broadcast television network and streaming channel operated by Fox Corporation which launched on October 25, 2021 to provide weather forecasts and information for the United States. The service is available through select ...

*** myFoxHurricane.com - a website related to weather. It was launched in 2008. * Fox Sports Media Group **

FS1 Fox Sports 1 (FS1) is an American pay television channel owned by the Fox Sports Media Group, a unit of Fox Corporation. FS1 replaced the motorsports network Speed on August 17, 2013, at the same time that its companion channel Fox Sports 2 ...

FS2 Fox Sports 2 (FS2) is an American sports-oriented pay television channel owned by the Fox Sports Media Group, a unit of Fox Corporation. The channel is based at the Fox Sports division's headquarters on the Fox Studio Lot in the Century Cit ...

Fox Deportes Fox Deportes (formerly Fox Sports en Español and stylized in all caps as FOX Deportes) is an American pay television network dedicated to broadcasting sports-related programming in Spanish, aimed at the Hispanic population in the United States ...

(Spanish language) ** Fox Sports Argentina (brand licensing agreement with

Mediapro Mediaproducción, S.L.U., better known as Mediapro, is a multimedia communications group in Spain founded in April 1994 in Barcelona. The company is well involved in movie and television production. The company holds branch offices in Madrid, Se ...

) ** Big Ten Network (61%) **

Fox Soccer Plus Fox Soccer Plus (formerly Setanta Sports) is an American sports channel dedicated to soccer and rugby league. Launched in 2005 by the Irish sports broadcaster Setanta Sports to offer live and tape-delayed mainstream sports events in the United ...

Fox Sports Racing Fox Sports Racing is a motorsports-oriented cable network owned by the Fox Sports Media Group division of Fox Corporation. The network launched on August 17, 2013 as a replacement of the former cable network Speed for North American markets outsi ...

** Fox Sports Radio (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 is ...

(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

library **

library ** Studio Ramsay Global library **

library ** XOF Productions library **

originals library **

Gumby ''Gumby'' is an American clay animation franchise, centered on the titular green clay humanoid character created and modeled by Art Clokey. Gumby stars in two television series, the feature-length '' Gumby: The Movie'', and other media. He im ...

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 1970 ...

library ** Fox Business library **

library **

library * Fox Sports Media Group library **

library **

library ** Big Ten Network (61%) library **

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