Who Owns Fox News Today: Post-Modoch’s Retirement

Thunder. Thunder! Thunder!

Thundercats! Ho! Ho! Ho!

The Murdock Family

The world of media has always been a swirling storm of ownership and change, and the skies have been particularly tempestuous for the influential Fox News Channel. With Rupert Murdoch’s retirement, a deep dive into the current ownership structure is warranted. Let's narrate this as though we're in the heart of a 90's cartoon, complete with thunder, for dramatic effect—because Fox insists it's not real news.

The Walt Disney Company and 21st Century Fox

The Walt Disney Company has acquired most of 21st Century Fox, including its film and television assets. However, it's crucial to note that Fox News was not included in this acquisition. Fox News, a separate division from the entertainment assets, is part of Fox Corporation, which is the successor to 21st Century Fox. As of my last knowledge update, Fox Corporation is an independent, publicly traded company, and its ownership includes Rupert Murdoch and his family. Rupert Murdoch, the media mogul who played a pivotal role in building and shaping the Fox News Channel, continues to hold significant influence over the network.

The Evolution of Fox News

The journey of the Fox News brand goes back to 1915, the era of silent movies, when it was named for the movie mogul and studio owner William Fox. The name "Fox" has survived the test of time, but the significance of the name to the current network is merely symbolic. Rupert Murdoch, originally from Australia, is the conservative media mogul who has owned American publications, media companies, and TV channels for nearly four decades. The Fox News Channel debuted in 1996, created to be the media arm of the Republican Party. Murdoch has been the primary owner and ultimate decision-maker at Fox News since its inception.

Key Players and Decisions

While Murdoch's influence remains significant, the landscape of video content consumption is rapidly changing. Both Disney and 21st Century Fox were seeking to 'realign' their assets and strategies. Rupert Murdoch was divesting assets that he felt were no longer valuable to his goals as the 'king of the leading Yellow Journalism empire.' On the other side, Disney was keen on acquiring assets that would bolster its media conglomerate.

Ownership Structures

Ownership structures can change, and it's advisable to check the latest and most reliable sources for the current ownership status of Fox Corporation and Fox News. Several key players have held prominent roles over the years, each contributing to the channel's growth and direction. However, as of now, Rupert Murdoch and his family remain the primary owners, with significant decision-making power at the helm.

Conclusion

For now, Fox News continues to be a powerful force in American media. The storm of ownership changes is a reminder that the media landscape is always evolving. Whether this current ownership will endure the new challenges and changes is yet to be seen.

Stay tuned as we continue to narrate the evolving story of Fox News.

Thunder. Thunder! Thunder!

Thundercats! Ho! Ho! Ho!