Welcome to Polimer News Live. If you have ever wondered who owns Fox News, the answer is more complex than it may initially seem. Fox News is not owned by a single individual. Instead, it operates under Fox Corporation, a publicly traded media company that manages several well-known businesses across television, news, sports, and entertainment.
The Murdoch family continues to have a strong connection to Fox, but ownership and corporate control are not exactly the same. Lachlan Murdoch currently oversees the family’s voting interests in Fox Corporation, while Rupert Murdoch is no longer serving as the company’s active chairman. Understanding how this ownership structure works provides a clearer picture of who owns Fox News and who holds significant influence over the company.
Who Owns Fox News?
The straightforward answer is that Fox Corporation owns Fox News. Fox News operates under FOX News Media, one of the key business divisions of Fox Corporation. Since Fox Corporation is a publicly traded company, its ownership is divided among various shareholders rather than belonging to one private individual.
However, ownership and control are two different things. The Murdoch family continues to hold significant voting influence in Fox Corporation, with Lachlan Murdoch playing a central role in controlling the family’s voting interests. This gives him substantial influence over the company and its major media businesses, including Fox News.
Fox Corporation Owns Fox News
Fox Corporation’s businesses include FOX News Media, which oversees Fox News and its related news operations. Therefore, when people ask who legally owns Fox News, the simplest and most accurate answer is Fox Corporation.
It would be misleading to describe Fox News as a company personally owned by Rupert Murdoch or Lachlan Murdoch. While both are closely associated with Fox Corporation through ownership and voting interests, Fox News operates as part of the company’s broader corporate structure. This distinction helps explain the difference between the company that legally owns Fox News and the individuals who have significant influence over Fox Corporation.
Who Controls Fox Corporation?
Lachlan Murdoch serves as the Executive Chair and CEO of Fox Corporation, giving him a key role in the company’s leadership and strategic direction. His influence is further strengthened by the Murdoch family’s voting interests in the company, which provide significant control over important corporate decisions.
Fox Corporation also has a multi-class share structure, meaning that voting power is not necessarily based solely on the total number of shares an individual owns. Certain shares carry greater voting rights than others. As a result, looking only at the number of shares held by different investors does not give a complete picture of who has control or influe
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Does Rupert Murdoch Still Own Fox News?
Rupert Murdoch has been closely associated with Fox News since its launch and played a major role in building and expanding the broader Fox media business. However, he is no longer the active chairman of Fox Corporation. In 2023, Murdoch stepped down from the position and took on the role of Chairman Emeritus.
Rupert Murdoch’s Role at Fox
Rupert Murdoch played a major role in building the media empire that eventually became home to Fox News. For decades, he was one of the most influential figures in the company’s development and helped shape its growth and direction.
In 2023, Murdoch stepped down as chairman of Fox Corporation and transitioned to the position of Chairman Emeritus. This change marked an important shift in his formal role within the company, although his legacy remains closely connected to the history and development of Fox News and the broader Fox media business.
- Explain Rupert Murdoch’s historical role in building the Fox media empire.
- Clarify that he stepped down from Fox’s chairmanship in 2023.
- Explain his current status as Chairman Emeritus.
Therefore, although Rupert Murdoch remains strongly associated with Fox and its history, he is no longer the active chairman of Fox Corporation.
Why Rupert Murdoch Is Still Closely Associated With Fox News
Rupert Murdoch’s connection to Fox News comes from his important role in building the broader media empire from which the network developed. His leadership and business decisions helped shape Fox and contributed significantly to the growth of its news operations.
Murdoch’s name also remains closely associated with the Murdoch family’s ownership interests and Fox’s long history. However, his historical influence should be distinguished from the company’s current ownership and corporate control. While he remains an important figure in Fox’s story, the company’s present-day leadership structure is centered on Fox Corporation and its current executives.
- Explain the history of the Murdoch family.
- Distinguish historical ownership/control from current corporate control.
- Avoid the common misconception that Rupert personally runs Fox News today.
Fox Corporation announced in 2025 that Rupert Murdoch would remain Chairman Emeritus while voting control of the relevant Fox shares under the new family arrangement would rest solely with Lachlan Murdoch.
How the Murdoch Family Controls Fox News
cRupert Murdoch’s connection to Fox News stems from his significant role in building the broader media empire from which the network emerged. Through his leadership and business decisions, he helped shape Fox and played an important part in expanding its news operations over the years.
The Murdoch Family Trust
A family trust is a legal arrangement designed to hold and manage assets on behalf of designated beneficiaries. In the case of the Murdoch family, trusts have played an important role in holding and managing shares associated with the family’s media interests.
For readers, the key point is that a trust can hold shares and voting rights on behalf of its beneficiaries. This does not necessarily mean that one individual personally owns every share held through the trust. Understanding this distinction helps explain why Fox Corporation’s ownership and voting structure can be more complicated than simply identifying one individual as the company’s owner.
- Explain the 2019 transaction.
- Clarify that Disney did not simply buy all of Fox.
- Explain that many entertainment assets went to Disney.
In 2025, the Murdoch family reached an agreement that changed how voting control over certain Fox shares would be handled.
Fox Corporation’s Dual-Class Share Structure
Fox Corporation has a dual-class share structure, which means it has different classes of shares with different voting rights. In simple terms, not all shares carry the same level of influence when it comes to company decisions.
This is important because a person’s ownership percentage does not always equal their voting power. Someone may hold a smaller economic interest in the company but still have greater influence if they control shares with stronger voting rights. This structure helps explain why Fox Corporation’s ownership and control can be more complex than simply looking at how many shares each investor owns.
What Happened to Fox After the Disney Deal?
In 2019, The Walt Disney Company acquired a major portion of 21st Century Fox, which led to confusion about whether Disney also acquired Fox News. However, Fox’s news, sports, and broadcast businesses were separated from 21st Century Fox before the deal was completed.
21st Century Fox and Disney
In 2019, Disney acquired a major portion of 21st Century Fox, but the deal did not include every part of the Fox business. Before the acquisition was completed, 21st Century Fox separated its news, sports, and broadcasting operations and transferred them to a newly established company called Fox Corporation.
The separation included major businesses such as FOX News, FOX Business, FOX Sports, FOX Broadcasting Company, and FOX Television Stations. Fox Corporation officially became a separate publicly traded company on March 19, 2019, while Disney acquired the remaining businesses included in its agreement with 21st Century Fox.
Why Fox News Was Not Bought by Disney
When Disney acquired a major portion of 21st Century Fox in 2019, Fox News was not included in the businesses transferred to Disney. Before the transaction was completed, 21st Century Fox separated its news, sports, and broadcasting operations and placed them under the newly established Fox Corporation.
As a result, Fox News became part of Fox Corporation rather than Disney. Fox Corporation retained several major media businesses, including FOX News Media, FOX Sports, FOX Entertainment, and FOX Television Stations. This separation is why Disney does not own Fox News, even though it acquired many other former 21st Century Fox businesses.
Who Runs Fox News Today?
Fox News operates under two levels of leadership. Lachlan Murdoch leads the parent company, Fox Corporation, as Executive Chair and CEO, while Suzanne Scott serves as CEO of FOX News Media and oversees the news division’s operations.
In simple terms, Lachlan Murdoch is responsible for the broader Fox Corporation, while Suzanne Scott focuses on the day-to-day leadership and management of FOX News Media. This distinction is important because owning or controlling a company is not the same as managing its daily operations.
Fox Corporation Leadership
Lachlan Murdoch serves as the Executive Chair and Chief Executive Officer of Fox Corporation, the parent company of Fox News. In this role, he oversees the company’s overall strategy and leadership across its major news, sports, and entertainment businesses.
His position also gives him significant influence over Fox Corporation because of the Murdoch family’s voting interests in the company. In 2025, Fox announced that voting control over the FOX shares held through LGC Holdco would be placed solely with Lachlan Murdoch. This further strengthened his role in the company’s corporate governance and decision-making.
Who Leads FOX News Media?
Suzanne Scott serves as the CEO of FOX News Media, where she oversees the division’s overall strategy, management, and day-to-day operations. Her role focuses specifically on leading FOX News Media rather than managing the entire Fox Corporation.
It is also important to distinguish between her position and ownership. Fox Corporation is the parent company that owns Fox News, while Suzanne Scott is responsible for managing FOX News Media. In simple terms, Fox Corporation is the larger corporate entity, while FOX News Media operates as its news division.
The distinction is straightforward:
- Fox Corporation: Parent company
- FOX News Media: Business segment containing Fox News
- Lachlan Murdoch: Executive Chair and CEO of Fox Corporation
- Suzanne Scott: CEO of FOX News Media
Is Fox News Owned by the Murdoch Family?
Fox News is not personally owned by the Murdoch family as a private company. Instead, it operates under Fox Corporation, a publicly traded company owned by various shareholders. However, the Murdoch family continues to have significant influence over Fox Corporation through its voting interests. Following changes to the family trust arrangement in 2025, the remaining family trusts held their Fox shares through LGC Holdco, which controlled approximately 36.2% of Fox’s Class B voting shares. Voting control over those shares rests solely with Lachlan Murdoch.
The answer requires some clarification:
- Give a nuanced yes/no answer.
- Fox News is legally owned by Fox Corporation.
- Fox Corporation is publicly traded.
- The Murdoch family has substantial voting influence.
- Lachlan Murdoch currently controls the relevant family voting interests.
- Other investors also own Fox Corporation shares.
This distinction between ownership and control is one of the most important points to understand when researching Fox News ownership.
Fox News vs. News Corp: What’s the Difference?
Fox News and News Corp are separate companies, although both remain closely connected to the Murdoch family. The confusion largely stems from their shared history, as both were once part of Rupert Murdoch’s broader media empire. Today, Fox News is part of Fox Corporation, which operates businesses across news, sports, broadcasting, and entertainment, while News Corp operates as a separate media company with its own portfolio of businesses.
Fox Corporation
Fox Corporation is the publicly traded parent company of Fox News. It was established in 2019 following Disney’s acquisition of a significant portion of 21st Century Fox’s assets. The businesses that were not included in the Disney deal—including news, sports, broadcasting, and certain entertainment operations—were reorganized under the newly formed Fox Corporation.
Today, Fox Corporation operates several major businesses, including FOX News Media, FOX Sports, FOX Entertainment, Tubi, and FOX Television Stations. As a result, Fox News is part of a larger publicly traded corporation rather than a separate company directly owned by Rupert or Lachlan Murdoch.
Fox Corporation includes businesses such as:
- FOX News Media
- Fox Sports
- Fox Entertainment
- Tubi
- Fox Television Stations
Fox Corporation is the company that owns Fox News.
News Corp
News Corp is a separate publicly traded media company from Fox Corporation. Although it has strong historical and family ties to the Murdoch family, News Corp does not own Fox News.
The company primarily focuses on publishing and information services. Its major businesses include Dow Jones, The Wall Street Journal, HarperCollins, and other publishing operations.
News Corp is a separate publicly traded company with businesses that include:
- The Wall Street Journal
- Dow Jones
- News Corp publishing businesses
- Newspaper and publishing operations
News Corp and Fox Corporation should therefore not be treated as the same company.
Common Misconceptions About Fox News Ownership
There are several common misconceptions about who owns and controls Fox News. Some people assume that because Rupert Murdoch founded and built the broader Fox media empire, he still personally owns Fox News. Others mistakenly believe that Disney owns Fox News following its acquisition of a significant portion of 21st Century Fox in 2019.
“Rupert Murdoch Personally Owns All of Fox News”
The statement that Rupert Murdoch personally owns all of Fox News is incorrect. Fox News is part of Fox Corporation, a publicly traded company with shares held by multiple investors. Therefore, it is not completely owned by any single individual.
Rupert Murdoch played a major role in building the broader Fox media empire and remained closely involved with Fox Corporation for many years. However, he stepped down as Fox Corporation’s chairman in 2023 and became Chairman Emeritus. Today, Lachlan Murdoch controls the Murdoch family’s relevant voting interests in Fox Corporation, giving him significant influence over the company.
“Disney Owns Fox News”
The statement that Disney acquired Fox News is incorrect. When Disney completed its acquisition of a large portion of 21st Century Fox’s assets in 2019, Fox’s news, sports, and broadcasting businesses were excluded from the deal.
Instead, these remaining businesses became part of Fox Corporation, the newly established company created to hold the assets that were not sold to Disney. As a result, Fox News remained under the Fox corporate structure and did not become part of Disney.
Fox News Ownership Explained in One Table
This section provides readers with a quick and clear overview of the key facts about Fox News ownership and control. Rather than reading the entire article to understand who owns, controls, and manages Fox News, the table brings the most important details together in one place.
It also helps clarify the differences between Fox Corporation, Rupert Murdoch, Lachlan Murdoch, Suzanne Scott, and Disney. The table shows that Fox Corporation is the company that owns Fox News, while Lachlan Murdoch controls the Murdoch family’s relevant voting interests and Suzanne Scott leads FOX News Media.
| Question | Answer |
| Who legally owns Fox News? | Fox Corporation |
| Is Fox Corporation publicly traded? | Yes |
| Who controls the Murdoch family’s Fox voting interests? | Lachlan Murdoch |
| Who founded/built the broader Fox media empire? | Rupert Murdoch |
| Is Rupert Murdoch still Fox’s chairman? | No; he is Chairman Emeritus |
| Who leads Fox Corporation? | Lachlan Murdoch |
| Who leads FOX News Media? | Suzanne Scott |
| Does Disney own Fox News? | No |
Frequently Asked Questions
Who owns Fox News right now?
Fox News is owned by Fox Corporation. Fox Corporation is publicly traded, while Lachlan Murdoch currently controls the Murdoch family’s relevant voting interests in the company.
Is Fox News owned by Rupert Murdoch?
Rupert Murdoch has a major historical connection to Fox News and helped build the broader Fox media empire. However, he is no longer Fox Corporation’s active chairman. He serves as Chairman Emeritus, while Lachlan Murdoch controls the family’s relevant voting interests.
Does Lachlan Murdoch own Fox News?
Lachlan Murdoch does not personally own every share of Fox News. Fox News is part of Fox Corporation, which has many shareholders. Lachlan does, however, have significant voting control over the Murdoch family’s interests in Fox Corporation.
Did Disney buy Fox News?
No. Disney acquired a large portion of 21st Century Fox’s assets in 2019, but Fox News was not part of the businesses transferred to Disney. Fox News remained part of the company that became Fox Corporation.
Who is the CEO of Fox News?
Suzanne Scott is the CEO of FOX News Media. Lachlan Murdoch is the Executive Chair and CEO of Fox Corporation, the parent company of FOX News Media.
Conclusion
So, who owns Fox News? The most accurate short answer is that Fox Corporation owns Fox News. Because Fox Corporation is a publicly traded company, its shares are held by multiple investors rather than being owned entirely by one person.
However, the Murdoch family continues to have significant influence over Fox Corporation’s voting structure. Lachlan Murdoch currently controls the family’s relevant voting interests and serves as Fox Corporation’s Executive Chair and CEO. Rupert Murdoch remains a key figure in the history of the Fox media empire, but he now serves as Chairman Emeritus rather than as the company’s active chairman.
