Fox Corporation

Fox Corporation is an American multinational mass media company headquartered at 1211 Avenue of the Americas in Midtown Manhattan, New York City. Formed in March 2019 as a spin-off of 21st Century Fox's television broadcasting, news, and sports assets, its core mission is to deliver compelling news, sports, and entertainment content across broadcast, cable, and digital platforms, with a strategic focus on live programming.

The company's portfolio includes prominent brands such as FOX News Media (encompassing FOX News Channel, FOX Business Network, FOX News Digital, FOX Nation, and FOX Weather), FOX Sports (including FS1, FS2, FOX Deportes, and a majority stake in the Big Ten Network), FOX Entertainment (which operates the FOX Network, FOX Entertainment Studios, Bento Box Entertainment, TMZ, and Studio Ramsay Global), FOX Television Stations (operating 29 local television stations), and Tubi Media Group (including the Tubi streaming service, Credible Labs, and Red Seat Ventures). Fox Corporation operates primarily within the cable networks and television market segments.

Lachlan Murdoch serves as the Executive Chair and Chief Executive Officer, with Rupert Murdoch as Chairman Emeritus. Recent strategic moves include the acquisition of podcast and media company Red Seat Ventures in February 2025 and a one-third stake in Penske Entertainment in July 2025, which also extended its media rights to the IndyCar Series. In May 2025, Fox announced plans to launch Fox One, a new streaming service. The company reported strong financial results for Q1 2026, with EPS and revenues exceeding estimates, and in April 2026, named Amazon Web Services as its Preferred AI Cloud Provider. Fox News Media has consistently been the most-watched television news channel for over 18 consecutive years, and its streaming service Tubi surpassed $1 billion in revenue in fiscal 2025, reaching a significant portion of U.S. television viewing time.