Fox Corporation, established in 2019 following the $71.3 billion acquisition of 21st Century Fox by The Walt Disney Company, is a leading American multinational media company headquartered in New York City. It was formed as a spin-off to retain 21CF's television broadcasting, news, and sports assets not acquired by Disney[1][4]. Controlled by media mogul Rupert Murdoch’s family, with Lachlan Murdoch as chairman and CEO, Fox Corp’s portfolio includes flagship brands such as Fox Broadcasting Company, Fox News Media, Fox Sports, Fox Entertainment, Fox Television Stations, and the streaming service Tubi[1][4][6].
Fox Broadcasting Company, launched in 1986 to compete with the traditional Big Three networks (ABC, CBS, NBC), rapidly became the most successful fourth network in the U.S., dominating key demographics and total viewership during several periods[2]. As a broadcast network, Fox focuses on entertainment programming but relies on its separate 24-hour channels—Fox News and Fox Business—for news content[2].
Since its inception, Fox Corp has expanded its digital and streaming presence through acquisitions like Tubi in 2020 and TMZ in 2021, enhancing its footprint in digital advertising and original content production[3][4]. Fox Entertainment, restructured in 2019, produces popular scripted and unscripted shows such as *The Simpsons*, *The Masked Singer*, *Hell’s Kitchen*, and culinary content through Studio Ramsay Global, founded in partnership with Gordon Ramsay[5].
Fox Corporation remains a dominant force in news, sports, and entertainment, consistently investing in content innovation, live sports programming, and digital platforms to adapt to evolving media consumption[4][6]. In November 2023, Rupert Murdoch retired as chairman, marking a new leadership era under Lachlan Murdoch[1]. Today, Fox Corp continues to thrive as a major media player, balancing legacy broadcast strengths with growing digital initiatives, making it a critical