The owner of fox news
You're referring to the parent company of Fox News!
The owner of Fox News is Fox Corporation, a media conglomerate that was spun off from 21st Century Fox in 2019. Fox Corporation is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol FOX.
The current CEO of Fox Corporation is Lachlan Murdoch, who is the son of media mogul Rupert Murdoch. Lachlan Murdoch has been instrumental in shaping the company's strategy and direction, including the growth of Fox News.
As for the specific ownership structure of Fox News, it's a bit more complex. Fox News is a subsidiary of Fox Corporation, which is owned by a variety of shareholders, including institutional investors, individual investors, and the Murdoch family.
Here's a rough breakdown of the ownership structure:
- Fox Corporation (publicly traded company): 100% owner of Fox News
- Murdoch Family Trusts: approximately 39% ownership stake in Fox Corporation
- Institutional investors (e.g. Vanguard, BlackRock, State Street): approximately 30% ownership stake in Fox Corporation
- Individual investors: approximately 31% ownership stake in Fox Corporation
It's worth noting that the Murdoch family has a significant amount of influence over the direction and content of Fox News, given their majority ownership stake in the company. However, the network's editorial decisions are ultimately made by its management team and editorial staff.