As of March 2020 the Murdoch family owns Fox News. Rupert Murdoch the media mogul and his son Lachlan Murdoch the co-chairman of Fox Corporation each own a 39% stake in the company. Rupert’s other son James Murdoch the former CEO of 21st Century Fox owns a 7% stake.
The Murdochs first acquired Fox News in 1996 when Rupert Murdoch’s News Corporation bought the network for $5.6 billion. News Corporation was the parent company of Fox News until 2013 when 21st Century Fox was spun off from News Corporation. 21st Century Fox was then acquired by the Walt Disney Company in 2019.
Fox News was not part of the Walt Disney Company merger and the Murdoch family retained full ownership of the network.
In 2020 Fox News was the most-watched cable network in the United States averaging 2.4 million viewers in primetime and 1.1 million viewers in the morning.
Who bought Fox News in 2020?
Rupert Murdoch and the Murdoch Family.
How much did Murdoch and the Murdoch Family pay for Fox News?
$11.
2 billion.
When was Fox News founded?
October 7th 1996.
Who founded Fox News?
Roger Ailes.
Who are the co-presidents of Fox News?
Jack Abernethy and Bill Shine.
How many employees does Fox News have?
1700.
What is the slogan of Fox News?
Fair & Balanced.
How many bureaus does Fox News have?
11.
How many countries can you watch Fox News in?
86.
What is the Fox News motto?
We Report.
You Decide.
What is the Fox News mission statement?
“To be the most watched most trusted and most influential news organization in America”
How many Emmy Awards has Fox News won?
27.
How many hours of programming does Fox News offer each day?
21.
What is the name of the Fox News building in New York City?
News Corporation Center.
How many studios does Fox News have?
8.
