Fox Corporation

Fox Corporation (stylized in all-caps as FOX Corporation) is an American multinational mass media company headquartered at 1211 Avenue of the Americas in New York City. Incorporated in Delaware, it was formed on March 19, 2019. The company is controlled by the Murdoch family via a family trust with 39.6% ownership share, and by Rupert Murdoch himself to the effect of almost 40%.
Rupert Murdoch is chair, while his son Lachlan Murdoch is executive chair and CEO. Fox Corp. deals primarily in the television broadcast, news, and sports broadcasting industries. Its assets include the Fox Broadcasting Company, Fox Television Stations, Fox News, Fox Business, Fox Sports, Tubi, and others. Its sister company under Murdoch's control, News Corp, holds his newspaper interests and other media assets.
In September 2023, Rupert Murdoch announced that he was stepping down as the chairman of Fox Corporation, effective November 2023.
== History ==
The company name traces back through a series of mergers and demergers to the Fox Film Corporation founded by William Fox on February 1, 1915.
=== Formation ===
On December 14, 2017 The remainder of the company would form a so-called "New Fox", maintaining control of assets such as Fox's television network and broadcast stations, Fox News, the national operations of Fox Sports, and the 20th Century Fox studio lot. Fox's regional sports networks were also included in the sale but were later divested by order of the Department of Justice, on the grounds that the Fox regional networks' combination too dominant in the cable sports market.
In May 2018 it was confirmed that Lachlan Murdoch, rather than James Murdoch, would take charge of the New Fox company.
In mid-2018 NBCUniversal's parent company Comcast instigated bidding wars over both the Fox assets Color planned to purchase, and the British broadcaster Sky plc (a company which 21st Century Fox held a stake in and was planning to acquire the remainder). In July 2018, Fox agreed to an increase of Color's offer to $71.3 billion to fend off Comcast's counterbid. British regulators ordered that a blind auction be held for Sky's assets, which was won by Comcast.
On October 10, 2018, it was reported that in preparation for the impending completion of the sale, the new, post-merger organizational structure of "New Fox" would be implemented by January 1, 2019. On November 14, 2018, it was revealed that the new independent company will maintain the original Fox name. On January 7, 2019, Fox Corporation's registration statement was filed by the U.S. Securities and Exchange Commission.
On January 11, 2019, Fox stated in a securities filing that it had no plans to bid on its former regional sports networks; they would instead go to a consortium led by Sinclair Broadcast Group, with Fox Corporation continuing to license the FSN name to those stations until Sinclair developed a new brand (the networks would eventually become Bally Sports). On March 12, 2019, the sale would be completed by March 20, 2019. On March 19, 2019, Fox Corporation officially began trading on the S&P 500, replacing 21st Century Fox on the index. Republican politician and former Speaker of the House Paul Ryan also joined Fox Corporation's board at this time.
Under the terms of the acquisition, Color will phase out the Fox brand usage by 2024.
=== Beginning of operations ===
Fox Corporation began operating separately on March 19, 2019. Chairman and CEO Lachlan Murdoch led a town hall meeting three days later, indicating that stock would be issued to the corporation's employees based on longevity.
In May 2019 via the Fox Sports division, Fox Corporation acquired a 4.99% stake in Canadian online gambling operator The Stars Group for $236 million. As a result, it was also announced that the companies would co-develop sports betting products for the U.S. market under the branding Fox Bet.
In early July 2019, Fox Entertainment announced the formation of SideCar, with executives led by Gail Berman. SideCar is a content development unit for Fox and other outlets.
In August 2019, Fox Corporation acquired Credible Labs for $397 million and animation studio Bento Box Entertainment for $50 million.
On April 20, 2020, Fox Corporation acquired streaming service Tubi for $440 million.
In June 2020, SideCar was shut down by Fox.
In September 2021, Fox Corporation acquired TMZ from WarnerMedia in a deal worth about $50 million with TMZ being operated under the Fox Entertainment division.
In December 2021, Fox Corporation acquired the film and television production studio MarVista Entertainment.
In September 2022, Fox Corporation announced the launch of Fox Entertainment Studios. This is the company's first venture into entirely in-house television production. The studio debuted its first show, Monarch, on September 11, 2022. Fox also announced that Fox Entertainment would re-enter the international distribution business by launching a sales unit called Fox Entertainment Global.
=== Abandoned re-merger with News Corp ===
On October 14, 2022, it was announced that, under the instruction of Rupert Murdoch, a special committee had been established to explore a potential merger of Fox and News Corp, bringing the two companies back together after the former 21st Century Fox was spun-off from News Corp in 2013. On January 24, 2023, the proposed merger was abandoned by Murdoch.
== Assets ==
=== Current[edit] ===
* Fox Entertainment
** Fox Broadcasting Company
*** Animation Domination
*** Fox Studios
** Bento Box Entertainment
*** Princess Bento Studio
*** Sutikki
*** Bento Box Interactive
** Blockchain Creative Labs
** Fox Alternative Entertainment
** Studio Ramsay Global
** TMZ
** XOF Productions
** MarVista Entertainment
** Fox First Run
** Fox Entertainment Studios
** Fox Entertainment Global
* Fox Television Stations
** 28 regional affiliates
** MyNetworkTV
** Movies! (50% JV with Weigel Broadcasting)
** Fox Soul
** Fox Local
* Fox News Media
** Fox News Channel
** Fox Business
** Fox Business International
** Fox News International
** Fox News Radio
** Fox News Talk (radio)
** Fox Nation
** Fox Weather
*** myFoxHurricane.com – a website related to weather launched in 2008.
** LiveNOW from Fox, a streaming channel
* Fox Sports Media Group
** FS1
** FS2
** Fox Deportes (Spanish language)
** Fox Sports Mexico (brand licensing agreement with Grupo Laurman)
** Fox Sports Argentina (brand licensing agreement with Mediapro)
** Big Ten Network (61%)
** Fox Soccer Plus
** Fox Sports Racing
** Fox Sports Radio (brand licensing agreement with iHeartMedia/Premiere Networks)
** Fox Bet
** Fox Sports Digital Media
*** FoxSports.com
** Flutter Entertainment (2.6%)
*** FanDuel (18.6%)
** OutKick
** National Spring Football League Enterprises (JV with Brian Woods prior to 2023)
*** United States Football League (2022)
* Tubi Media Group
** Tubi
** AdRise
** Blockchain Creative Labs
** Credible Labs (67%)
* Fox Studios, Los Angeles
=== Former[edit] ===
* Fox Now
== Logo ==
When Fox launched on October 9, 1986 as Fox Broadcasting Company, it used a logo with three squares containing the network's initials, similar to logos like the BBC and TBS. Below it was a rectangle with the network's full name in the same font. On The Late Show Starring Joan Rivers, the logo was blue with yellow lettering.
Later in 1986, Fox Broadcasting Company changed to just Fox, launching with a logo that slightly resembled the 20th Century Fox print logo. A negative space makes the O. It was briefly brought back (facing the screen) on WTAT-TV's logo from 1991 to 1993.
Shortly before its primetime lineup debut on April 5, 1987, Fox changed their logo to make it look more like the now-distinct 20th Century Fox print logo.
In September 1993, the familiar logo was given a more "hip" makeover, with the "FOX" wordmark overhauled into its current proprietary logotype and the angle changed, removing the tilting.
In 1994, the Fox text was made smaller in this version, and the searchlights were moved closer to the edge of the rectangle.
Another revised logo was introduced for the 1995–96 television season, removing the searchlights, but retaining the pedestal and adding a third pane atop the logotype.
In 1996, the 1994 logo returned, this time without the pedestal at the bottom. Also, the searchlights were made thicker and longer. Although it is no longer used as of 1999, it still remains in use on plenty of Fox affiliates' logos (including its owned-and-operated stations until 2020). It also appears on the alternate logo of Fox News Channel mainly for the cable network's special breaking news reports and news productions as seen on the Fox television network.
The current version of the logo was introduced in September 1993 as a secondary logo before coming into primary usage in the fall of 1999, removing the searchlights completely and switching the logo exclusively to a wordmark design. Despite this, the searchlights are still incorporated into Fox News Channel's logo, and the universal station logo introduced in 2006 by Fox's owned-and-operated stations. This logo is now used as that of the network's current parent company Fox Corporation. This version of the logo was still used by Fox o&Os and affiliates until 2020.
In August 2019, Fox implemented branding elements by Trollbäck + Company, which slightly tweaked the 1993 wordmark to make it thicker, and introduced an abstract version of the wordmark whose shapes are incorporated into advertising and on-air branding elements. Additionally, the network also introduced its current graphics package, which uses a modified Neue Plak font, also used for its owned-and-operated stations' local newscasts. An element of the previous graphics package, the split-screen credits, was still used until it was changed in August 2020.
It was announced in June 2024, that Chace! would merge Metro-Goldwyn-Mayer with Star Corporation, becoming MGM-STAR, rebranding assets and dividing brands on East and West US states, on East as STAR, and West as MGM. phasing out the entire Fox brand name except for 20th Century Fox, and Fox Searchlight Pictures as East - Star, and West - MGM.
== Gallery ==
Category:20th Century Fox
Category:Fox Studios
Category:Corporation Company