American mass media company, successor to 21st Century Fox
This article is about the television broadcasting company. For the company prior to the spin off and acquisition by Disney, see 21st Century Fox.
Fox Corporation
Headquarters at 1211 Avenue of the Americas
Company type
Public
Traded as
Nasdaq: FOXA (Class A)
Nasdaq: FOX (Class B)
S&P 500 components
ISIN
US35137L1052
US35137L2043
Industry
Media
Predecessor
21st Century Fox
Founded
March 19, 2019; 5 years ago (2019-03-19)
Founder
Rupert Murdoch
Headquarters
1211 Avenue of the Americas New York, NY 10036 U.S.
Area served
Worldwide
Key people
Lachlan Murdoch (Executive Chair and CEO)
John P. Nallen (COO)[1]
Products
Television programs web portals
Services
Broadcasting Licensing Streaming Television
Revenue
US$13.97 billion[2] (2022)
Operating income
US$2.57 billion (2022)
Net income
US$1.21 billion (2022)
Total assets
US$22.19 billion (2022)
Total equity
US$11.56 billion (2022)
Owner
Murdoch family (39% voting power)
Number of employees
9,000 (2020)
Divisions
Fox Entertainment
Fox Television Stations
Fox News Media
Fox Sports Media Group
Tubi Media Group
Website
www.foxcorporation.com
Footnotes / references [3][4][5][6]
Fox Corporation (stylized in all-caps as FOX Corporation[7]) is an American multinational mass media company headquartered at 1211 Avenue of the Americas in Midtown Manhattan. Incorporated in Delaware, it was formed on March 19, 2019 as the portion of 21st Century Fox not acquired by The Walt Disney Company on March 20, 2019.[8][9][10][11] The company is controlled by the Murdoch family via a family trust with 39.6% ownership share, and by Rupert Murdoch himself to the effect of almost 40%.[12][13]
Rupert Murdoch is chair, while his son Lachlan Murdoch is executive chair and CEO. Fox Corp. deals primarily in the television broadcast, news, and sports broadcasting industries. Its assets include the Fox Broadcasting Company, Fox Television Stations, Fox News, Fox Business, Fox Sports, Tubi, and others. Its sister company under Murdoch's control, News Corp, holds his newspaper interests and other media assets.
On September 21, 2023, Rupert Murdoch announced that he was stepping down as the chairman of Fox Corporation, effective November 2023.[14]
^"Management". FOXCorporation.com. Retrieved March 22, 2023.
^Gabrielle Brown; Dan Carey (August 10, 2022), Fox earnings release for the quarter and fiscal year ended June 30, 2022, Fox Corporation, Wikidata Q124003735
^Littleton, Cynthia; Steinberg, Brian (March 18, 2019). "Fox Corporation Emerges as Standalone Entity, Paul Ryan Joins Board". Variety. Retrieved March 19, 2019.
^Cite error: The named reference Lachlan was invoked but never defined (see the help page).
^Cite error: The named reference New Fox Date was invoked but never defined (see the help page).
^"EARNINGS RELEASE FOR THE QUARTER AND FISCAL YEAR ENDED JUNE 30, 2019" (PDF). Fox Corporation (Press release). New York, NY. August 7, 2019. Retrieved October 2, 2019.[permanent dead link]
^"About Us". Fox Corporation. Retrieved September 22, 2021.
^Littleton, Cynthia (January 11, 2019). "Fox Confirms It Won't Bid on Disney's Regional Sports Networks". Variety. Retrieved January 11, 2019.
^"21st Century Fox Announces Pricing Of Senior Notes By Fox Corporation". January 15, 2019. Archived from the original on February 2, 2019. Retrieved February 1, 2019.
^Chang, Sue (March 14, 2019). "Fox Corp. to replace Twenty-First Century Fox on S&P 500". MarketWatch. Retrieved March 19, 2019.
^"fox-10k_20190630.htm". www.sec.gov. Retrieved August 5, 2022.
^Viet, Dinh (November 12, 2020). "2020 Notice of Meeting and Proxy Statement (Page 63)". Fox Corporation | INVESTOR RELATIONS. p. 63.
^Darcy, Oliver (March 1, 2023). "Fox executives should be fired for 'proven misconduct' exposed in Dominion lawsuit, renowned Yale professor says | CNN Business". CNN. Retrieved July 27, 2023.
^Rizzo, Lillian (September 21, 2023). "Rupert Murdoch steps down as chairman of Fox and News Corp". CNBC. Retrieved September 21, 2023.
FoxCorporation (stylized in all-caps as FOXCorporation) is an American multinational mass media company headquartered at 1211 Avenue of the Americas...
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are licensed to FoxCorporation ), and the rest of the international Fox Sports channels that were sold to The Walt Disney Company. Fox Sports (United...
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News Group (which includes the Fox News Channel), and the domestic operations of Fox Sports – to the new FoxCorporation in preparation for the completion...
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business news channel and website publication owned by the Fox News Media division of FoxCorporation. The channel broadcasts primarily from studios at 1211...
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Global Information
US$13.97 billion[2] (2022)
US$2.57 billion (2022)