History of Fox News

The channel was created by Australian-born American media mogul Rupert Murdoch, who hired Roger Ailes as its founding CEO. The channel was launched on October 7, 1996 to 17 million cable subscribers. Prior to founding Fox News, Murdoch had gained significant experience in the 24-hour news business when News Corporation's BSkyB subsidiary started Europe's first 24-hour news channel, Sky News, in the United Kingdom in 1989. With the success of his fourth network efforts in the United States, experience gained from Sky News, and turnaround of 20th Century Fox, Murdoch announced on January 31, 1996, that his company would be launching a 24-hour news channel to air on both cable and satellite systems as part of a News Corp. ''worldwide platform'' for Fox programming, reasoning that ''The appetite for news -- particularly news that explains to people how it affects them -- is expanding enormously.''

Is this statement correct "was fox news on the air in 1998"?
yes