Fox Corporation
American mass media company, successor to 21st Century Fox / From Wikipedia, the free encyclopedia
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Fox Corporation (stylized in all-caps as FOX Corporation[7]), also known simply as Fox, 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]
 | |
 Headquarters at 1211 Avenue of the Americas | |
| Company type | Public |
|---|---|
| ISIN | |
| Industry | Media |
| Predecessor | 21st Century Fox |
| Founded | March 20, 2019; 5 years ago (2019-03-20) |
| Founder | Rupert Murdoch |
| Headquarters | 1211 Avenue of the Americas New York, NY 10036 U.S. |
Area served | Worldwide |
Key people |
|
| Products | Television programs web portals |
| Services | Broadcasting Licensing Streaming Television |
| Revenue |  US$13.97 billion[2] (2022) |
 US$2.57 billion (2022) | |
| 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 | |
| Website | foxcorporation |
| Footnotes / references [3][4][5][6] | |
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]