Is sky news owned by fox
Sky News is a British 24-hour television news channel that is owned by Sky Group, a subsidiary of Comcast, a multinational media and technology conglomerate.
However, there is a historical connection between Sky News and Fox News. In the early 1990s, Rupert Murdoch, the founder of News Corporation, which later became 21st Century Fox, was planning to launch a 24-hour news channel in the UK. At the time, Murdoch had a partnership with British Sky Broadcasting (BSkyB), which was a joint venture between News Corporation and the British media company, Granada.
In 1995, BSkyB launched Sky News, which was initially a joint venture between News Corporation and Granada. However, in 1997, News Corporation acquired Granada's stake in BSkyB, giving it full ownership of the company.
In 2018, 21st Century Fox, which was still owned by Rupert Murdoch, attempted to acquire the remaining 61% stake in Sky that it did not already own. However, the deal was blocked by the UK government due to concerns over media plurality and national security.
In 2019, Comcast acquired the remaining stake in Sky for £29 billion, making it a subsidiary of the US-based media conglomerate. As a result, Sky News is now owned by Comcast, rather than Fox.
It's worth noting that while Sky News is no longer owned by Fox, it still maintains a close relationship with Fox News, and the two channels often share resources and content.