Fox Corporation

Fox Corporation is an American mass media company that was formed in 2019 as a result of the acquisition of 21st Century Fox by The Walt Disney Company. The assets that were not acquired by Disney were spun off from 21st Century Fox to create the new Fox Corporation. The company is headquartered in New York City, New York, United States.

Fox Corporation is involved in producing and distributing content through some of the world's leading and most valued brands. These brands include FOX News, FOX Sports, FOX Entertainment, and the FOX Television Stations. FOX News Channel, a part of Fox Corporation, has been the most-watched television news channel for over 18 consecutive years. FOX Sports is the umbrella entity representing Fox Corporation's wide array of multi-platform US-based sports assets. It includes national networks such as FS1, FS2, and FOX Deportes, as well as FOX Soccer Plus and a majority stake in the Big Ten Network. FOX Sports covers a wide range of sports events and programming.

FOX Television Stations, another division of Fox Corporation, owns and operates 29 full-power broadcast television stations in the U.S. Out of these stations, 18 are affiliated with the FOX Network. In addition to distributing sports, entertainment, and syndicated content, the television stations collectively produce nearly 1,000 hours of local news every week. They cater to viewer, distributor, and advertiser demand for the FOX Network's national content.

With over 7,700 employees, Fox Corporation is considered one of the top 2000 largest public companies in the world and one of the World's Most Valuable Brands according to Forbes. The company has a significant presence in the media industry and continues to provide diverse and engaging content to its audience.

Fox Corporation, an American mass media company, has an interesting history that traces back to the early 20th century. The origins of Fox Corporation can be traced back to the establishment of the Fox Film Corporation by William Fox on February 1, 1915. The company quickly became a major player in the film industry, producing and distributing numerous successful films.

Over the years, Fox Film Corporation went through various mergers and acquisitions. In 1935, it merged with 20th Century Pictures to form 20th Century Fox. The newly formed company continued to produce successful films and established itself as a prominent Hollywood studio. In 1985, media mogul Rupert Murdoch's company, News Corporation, acquired 20th Century Fox, expanding its global media empire. Under Murdoch's leadership, the company continued to grow and diversify its portfolio.

In 2013, News Corporation underwent a corporate restructuring, which led to the separation of its entertainment assets from its publishing assets. This separation resulted in the formation of two separate companies: 21st Century Fox, which consisted of entertainment assets, and News Corp, which focused on publishing.

Fox Corporation is a publicly traded American multinational mass media company. It was formed in 2019 as a result of the acquisition of 21st Century Fox by The Walt Disney Company. The remaining assets that were not acquired by Disney were spun off to create Fox Corporation. The company is operated and controlled by media mogul Rupert Murdoch and is headquartered in New York City.

Fox Corporation operates in the television broadcast, news, and sports broadcasting industries. Its portfolio includes the Fox Broadcasting Company, Fox Television Stations, Fox News, Fox Business, the national operations of Fox Sports, and other related entities. Rupert Murdoch serves as the Chairman of the Board, while his son Lachlan Murdoch is the Executive Chair and CEO of the company. The Murdoch family, through a family trust, holds a 39.6% ownership share and controls the company.

The history of Fox Corporation can be traced back to the Fox Film Corporation, which was founded in 1915 by William Fox. Over the years, through a series of mergers and demergers, the company evolved to its current form.

In 2017, The Walt Disney Company announced its intent to acquire the motion picture, cable entertainment, and direct broadcast satellite divisions of 21st Century Fox. The remaining assets were separated to form "New Fox," which became Fox Corporation. The acquisition was completed in 2019, and Fox Corporation began operating as a separate entity.

Since its formation, Fox Corporation has engaged in various strategic moves and acquisitions. It acquired a stake in Canadian online gambling operator The Stars Group, resulting in a partnership to develop sports betting products for the U.S. market under the branding Fox Bet. The company also acquired Credible Labs, an online marketplace for consumer credit products, and the animation studio Bento Box Entertainment. In 2020, Fox Corporation acquired streaming service Tubi, expanding its digital content offerings.

In recent years, Fox Corporation has continued to evolve and expand its operations. It acquired TMZ from WarnerMedia, entered into the film and television production business with the acquisition of MarVista Entertainment, and launched Fox Entertainment Studios for in-house television production. The company also explored a potential merger with News Corp, which was later abandoned.

With its diverse portfolio of media assets, Fox Corporation remains a prominent player in the media industry, delivering news, entertainment, and sports content to audiences worldwide.

The mission of Fox Corporation is to create and deliver compelling content that engages and entertains audiences across various platforms. The company aims to be a leading provider of news, sports, and entertainment programming, delivering high-quality content that resonates with viewers and reflects the evolving interests and preferences of its audience.

Fox Corporation is committed to fostering a culture of innovation, creativity, and excellence in storytelling. It strives to produce and distribute content that captivates viewers, sparks conversation, and provides unique perspectives on current events, sports, and popular culture.

The vision of Fox Corporation is to create an inclusive and empowering environment that fosters creativity, innovation, and excellence in storytelling. The company envisions a culture where individuals from diverse backgrounds and perspectives are welcomed, valued, and empowered to thrive.

Fox Corporation strives to attract the brightest talents from a broad spectrum of backgrounds, recognizing that a diverse workforce brings unique perspectives and drives innovation. It aims to cultivate an environment where every person is respected, seen, heard, and inspired to contribute their best work.

The company's vision is to empower its colleagues to tell stories that resonate with audiences across diverse platforms. It upholds the values of integrity, transparency, and creativity in all aspects of content creation and distribution. Fox Corporation aims to deliver engaging and impactful content that reflects the diverse experiences and voices of its audience.

Fox Corporation offers a range of products and services across various media platforms. Here are some of the key products and services provided by the company:

• Television Programs: Fox Corporation produces and broadcasts a wide array of television programs across different genres, including drama, comedy, reality TV, animation, and more. Some notable shows produced by Fox include "9-1-1," "The Masked Singer," "Empire," "The Simpsons," and "American Idol."
• News Services: Fox News is one of the prominent news services offered by the company. It provides 24/7 news coverage, analysis, and commentary on current events, politics, business, and other topics. Fox News is known for its conservative-leaning programming and has been the most-watched cable news channel for several years.
• Sports Broadcasting: Fox Sports is a major division of Fox Corporation that covers a wide range of sports events and leagues. It includes national networks like FS1 (Fox Sports 1) and FS2 (Fox Sports 2), which provide live sports coverage, analysis, and original programming. Fox Sports also holds a majority stake in the Big Ten Network, which focuses on collegiate sports.
• Broadcasting Stations: Fox Corporation owns and operates a network of broadcast television stations across the United States. These stations, affiliated with the FOX Network, distribute a variety of programming, including sports, entertainment, and syndicated content. Additionally, the television stations collectively produce local news broadcasts, providing news coverage specific to their respective regions.
• Web Portals and Streaming Services: Fox Corporation offers web portals and streaming services to deliver content to viewers across digital platforms. These services may include streaming platforms for live sports events, on-demand access to TV shows and movies, and digital news platforms for accessing news content online.
• Licensing and Distribution: Fox Corporation engages in licensing and distribution activities to extend the reach of its content and brands. This involves partnering with other media companies, broadcasters, and streaming platforms to distribute and monetize its programming globally.