Fox Corporation

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
Company typePublic
ISIN
IndustryMedia
Predecessor21st Century Fox
FoundedMarch 19, 2019; 5 years ago (2019-03-19)
FounderRupert Murdoch
Headquarters 1211 Avenue of the Americas,
New York City, Burbank, California
,
U.S.
Area served
Worldwide
Key people
ProductsTelevision programs
web portals
ServicesBroadcasting
Licensing
Streaming
Television
RevenueDecrease US$13.98 billion (2024)
Decrease US$1.837 billion (2024)
Increase US$1.501 billion (2024)
Total assetsIncrease US$21.97 billion (2024)
Total equityIncrease US$10.71 billion (2024)
OwnerMurdoch family (17% equity; 39% voting power)
Number of employees
10,200 (2024)
Divisions
Websitefoxcorporation.com Edit this at Wikidata
Footnotes / references
Financials as of fiscal year ended June 30, 2024.
References:[2][3][4][5][6]

Fox Corporation is an American multinational mass media company headquartered at 1211 Avenue of the Americas in Midtown Manhattan. Incorporated in Delaware, it was formed as the portion of 21st Century Fox that was not acquired by The Walt Disney Company in 2019.[7][8][9][10] 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%.[11][12]

Rupert Murdoch is chair emeritus, 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. Murdoch's newspaper interests and other media assets are held by News Corp, which is also under his control.

On September 21, 2023, Rupert Murdoch announced that he was stepping down as the chairman of Fox Corporation, effective November 2023.[13]

  1. ^ "Management". FOXCorporation.com. Retrieved March 22, 2023.
  2. ^ "FY 2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. August 8, 2024.
  3. ^ Littleton, Cynthia; Steinberg, Brian (March 18, 2019). "Fox Corporation Emerges as Standalone Entity, Paul Ryan Joins Board". Variety. Retrieved March 19, 2019.
  4. ^ Cite error: The named reference Lachlan was invoked but never defined (see the help page).
  5. ^ Cite error: The named reference New Fox Date was invoked but never defined (see the help page).
  6. ^ "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]
  7. ^ Littleton, Cynthia (January 11, 2019). "Fox Confirms It Won't Bid on Disney's Regional Sports Networks". Variety. Retrieved January 11, 2019.
  8. ^ "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.
  9. ^ Chang, Sue (March 14, 2019). "Fox Corp. to replace Twenty-First Century Fox on S&P 500". MarketWatch. Retrieved March 19, 2019.
  10. ^ "fox-10k_20190630.htm". www.sec.gov. Retrieved August 5, 2022.
  11. ^ Viet, Dinh (November 12, 2020). "2020 Notice of Meeting and Proxy Statement (Page 63)". Fox Corporation | INVESTOR RELATIONS. p. 63.
  12. ^ 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.
  13. ^ Rizzo, Lillian (September 21, 2023). "Rupert Murdoch steps down as chairman of Fox and News Corp". CNBC. Retrieved September 21, 2023.