# Fox Corporation

Fox Corporation is a Corporation based in Greenwich, United States.

## Overview

- **Organization type:** Corporation
- **Headquarters:** Greenwich, United States
- **Region:** North America
- **Address:** Los Angeles, CA, United States
- **Founded:** 2019
- **Assets under management:** Undisclosed
- **Website:** foxcorporation.com
- **LinkedIn:** https://www.linkedin.com/company/14014026

## About

Fox Corporation produces and distributes news, sports, and entertainment content through its primary domestic brands, including FOX News Media, FOX Sports, Tubi Media Group, FOX Entertainment and FOX Television Stations. The company operates digital businesses and streaming services such as Tubi and FOX One. FOX maintains a focus on live programming and has achieved strong revenue growth and profitability in the media industry.

## Sectors

- Media & Entertainment
- Broadcast Television
- Cable Networks
- Sports Broadcasting
- Digital Media

## People

- Lachlan Murdoch — Executive Chair and Chief Executive Officer
- John Nallen — Chief Operating Officer

## Questions

### Who controls Fox Corporation, and how does the Murdoch family maintain influence?

The Murdoch family controls Fox Corporation through a dual-class share structure. Class B shares, held largely by the Murdoch Family Trust, carry 10 votes per share versus one vote per share for Class A stock. As of the 2023 proxy statement, the family holds roughly 42% of voting power despite owning a smaller economic stake. Rupert Murdoch is Chairman Emeritus, and his son Lachlan Murdoch serves as Executive Chair and CEO.

### What are Fox Corporation's main revenue sources?

Fox Corp. generates revenue primarily from advertising and affiliate fees across its Cable Network Programming segment (Fox News, Fox Sports, Fox Entertainment) and Television segment (Fox Broadcasting, local stations). In fiscal 2024, affiliate fees comprised roughly 40% of revenue, with advertising contributing the rest. Tubi, the free ad-supported streaming service, adds a growing digital ad revenue stream.

### How was Fox Corporation created?

Fox Corporation was formed as a spin-off after the Walt Disney Company acquired 21st Century Fox's entertainment assets — including film studios, FX, National Geographic, and Fox's stake in Sky — for $71.3 billion in March 2019. The remaining assets — Fox News, Fox Sports, the Fox broadcast network, and local TV stations — were spun off into a new publicly traded entity, Fox Corporation.

### What investment stages or asset classes does Fox Corporation operate in?

Fox Corporation operates solely in media and entertainment, not across multiple asset classes. Its investment is concentrated in sports and news rights, content production (through Fox Entertainment Studios and MarVista), and digital platforms (Tubi, TMZ). It does not allocate to private equity, venture capital, real estate, or credit as part of its core business.

### How is the Murdoch family's wealth managed outside Fox Corporation?

The Murdoch family's personal wealth — including real estate, art, private equity stakes, and philanthropic assets — is managed through separate structures, such as the Murdoch Family Trust and the Murdoch Foundation. These are not part of Fox Corporation. Lachlan and Rupert Murdoch also hold significant stakes in News Corp (NASDAQ: NWSA), another publicly traded entity.

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Last updated: 2026-07-10T23:57:14.000Z

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