Does disney own fox news

No, Disney does not own Fox News. Fox News is a subsidiary of Fox Corporation, which is a separate and independent company from The Walt Disney Company.

In 2019, Disney acquired 21st Century Fox's film and television assets, including its movie studios, cable networks, and international operations, for $71.3 billion. However, Fox News, along with Fox Sports and other news and business assets, was spun off into a separate company called Fox Corporation.

Fox Corporation is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol FOXA. It is led by CEO Lachlan Murdoch, who is the son of media mogul Rupert Murdoch, who founded Fox News in 1996.

Disney, on the other hand, is a separate and independent company that is led by CEO Bob Chapek. Disney owns a wide range of media and entertainment assets, including ABC, ESPN, Pixar, Marvel, Lucasfilm, and National Geographic, among others.

It's worth noting that while Disney and Fox Corporation are separate companies, they do have some business relationships and partnerships. For example, Disney and Fox Corporation have a deal to distribute each other's content, and they have collaborated on various projects over the years. However, they are distinct and competing companies in the media and entertainment industry.