Fox Corporation
Fox Corporation (stylized in all-caps as 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 on March 19, 2019, as a renaming of 21st Century Fox following its acquisition by The Walt Disney Company, which was closed on March 20, 2019. 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%.
Logo used since 2019 | |
Headquarters at 1211 Avenue of the Americas | |
| Company type | Public |
|---|---|
Traded as | |
| ISIN | |
| Industry | Media |
| Predecessor | 21st Century Fox |
| Founded | March 19, 2019 |
| 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 (2022) |
| US$2.57 billion (2022) | |
Net income | 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 | www |
| Footnotes / references | |
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.