Welcome to Polimer News Live. If you have ever searched for who owns Fox News, the answer can seem more complicated than it first appears. Fox News is not simply owned by one person. It is part of Fox Corporation, a publicly traded media company that owns several major television, news, sports, and entertainment businesses.
The Murdoch family remains closely connected to Fox, but ownership and control are not the same thing. Lachlan Murdoch currently controls the family’s voting interests in Fox Corporation, while Rupert Murdoch is no longer the company’s active chairman. Understanding this structure makes it easier to see who owns Fox News and who has influence over the company.
Who Owns Fox News?
The direct answer is that Fox Corporation owns Fox News. Fox News operates as part of FOX News Media, which is one of Fox Corporation’s principal businesses. Because Fox Corporation is publicly traded, its shares are held by multiple investors rather than by a single private owner. However, the question becomes more complicated when discussing control. Lachlan Murdoch has significant voting control through the Murdoch family’s interests in Fox Corporation.
Fox Corporation Owns Fox News
Fox Corporation’s businesses include FOX News Media, which encompasses Fox News and related news operations. Therefore, when someone asks who legally owns Fox News, the simplest and most accurate answer is Fox Corporation.
This also means it would be inaccurate to describe Fox News as a company personally owned by Rupert Murdoch or Lachlan Murdoch. They are associated with Fox Corporation through ownership and voting interests, but Fox News itself is part of the larger corporate structure.
Who Controls Fox Corporation?
Lachlan Murdoch is the Executive Chair and CEO of Fox Corporation. His position gives him an important role in the company’s leadership, while the Murdoch family’s voting interests give him significant influence over corporate decisions.
Fox’s ownership structure includes different classes of shares, which means voting power does not necessarily correspond directly to the total number of shares someone owns. This is why simply looking at individual share ownership does not provide the complete picture of who controls Fox Corporation.
Read Also: What Does NEWS Stand For? The Real Meaning Explained
Does Rupert Murdoch Still Own Fox News?
Rupert Murdoch has been closely connected to Fox News since its launch and played a major role in building the wider Fox media business. However, he is no longer the active chairman of Fox Corporation. In 2023, he stepped down as chairman and became Chairman Emeritus. Today, Fox News is owned by Fox Corporation, while Lachlan Murdoch has control over the Murdoch family’s voting interests in the company.
Rupert Murdoch’s Role at Fox
Rupert Murdoch played a central role in building the media empire that eventually included Fox News. He remained one of the most influential figures in the company’s history for decades.
In 2023, Murdoch stepped down as chairman of Fox Corporation and moved into the role of Chairman Emeritus. This marked a significant change in his formal position within the company.
- 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
The connection between Rupert Murdoch and Fox News exists because he was instrumental in building the broader media empire from which Fox News emerged.
His name also remains closely connected to the Murdoch family’s ownership interests and the company’s history. However, historical influence should not be confused with current corporate control.
- 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
The Murdoch family’s influence over Fox News comes from its significant voting power in Fox Corporation, the company that owns Fox News. Fox Corporation has different classes of shares, and the voting shares give their holders greater influence over important company decisions. In 2025, Fox Corporation changed its Murdoch family trust arrangement so that voting control over the FOX shares held through LGC Holdco would rest solely with Lachlan Murdoch through his appointed managing director. The SEC also reported that LGC Holdco held about 36.24% of Fox’s Class B voting shares as of September 2025.
The Murdoch Family Trust
A family trust is an arrangement used to hold and manage assets for beneficiaries. In the case of the Murdoch family, trusts have played an important role in holding and controlling shares connected to the family’s media interests.
The important point for readers is that a trust can hold shares and voting rights without meaning that one individual personally owns every share held through that structure.
- 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. In simple terms, this means that the company has different classes of shares with different voting rights.
This matters because ownership percentage and voting power are not always the same thing. Someone can hold a smaller economic interest while having greater voting influence because of the type of shares they control.
What Happened to Fox After the Disney Deal?
In 2019, Disney acquired a large part of 21st Century Fox, which created confusion about whether Disney also bought Fox News. However, Fox’s news, sports, and broadcasting businesses were separated from 21st Century Fox before the Disney acquisition was completed. The businesses that included FOX News Channel, FOX Business Network, FOX Sports, and FOX Television Stations became part of a new standalone company called Fox Corporation.
21st Century Fox and Disney
In 2019, Disney bought a large portion of 21st Century Fox, but the entire Fox business was not included in the deal. Before Disney completed the acquisition, 21st Century Fox separated its news, sports, and broadcasting businesses and transferred them to a newly created company called Fox Corporation.
This separation included FOX News, FOX Business, FOX Sports, FOX Broadcasting Company, and FOX Television Stations. Fox Corporation then became a separate publicly traded company on March 19, 2019.
Why Fox News Was Not Bought by Disney
When Disney acquired a large portion of 21st Century Fox in 2019, Fox News was separated from the businesses that Disney purchased. Before the Disney transaction was completed, 21st Century Fox transferred its news, sports, and broadcasting businesses, including FOX News Channel, to the newly formed Fox Corporation.
Because of this separation, Fox News became part of Fox Corporation instead of becoming part of Disney. Fox Corporation retained several major businesses, including FOX News Media, FOX Sports, FOX Entertainment, and FOX Television Stations.
Who Runs Fox News Today?
Fox News is managed through 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 overall Fox Corporation, while Suzanne Scott is responsible for the day-to-day leadership of FOX News Media. This is why ownership and management should not be confused.
Fox Corporation Leadership
Lachlan Murdoch is the Executive Chair and Chief Executive Officer of Fox Corporation, the parent company of Fox News. In this position, he is responsible for the company’s overall strategy and leadership across its news, sports, and entertainment businesses.
His role also gives him significant influence because he controls the Murdoch family’s relevant voting interests in Fox Corporation. In 2025, Fox announced that voting control over the FOX shares held through LGC Holdco would rest solely with Lachlan Murdoch.
Who Leads FOX News Media?
Suzanne Scott is the CEO of FOX News Media, which means she is responsible for leading the news division and overseeing its day-to-day operations. Her responsibilities include managing the overall direction and operations of FOX News Media, rather than the entire Fox Corporation.
It is important to separate her role from ownership. Fox Corporation owns Fox News, while Suzanne Scott manages FOX News Media. In simple terms, Fox Corporation is the parent company, and FOX News Media is the part of that company responsible for Fox’s news businesses.
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. It is part of Fox Corporation, which is a publicly traded company with shares held by different investors. However, the Murdoch family has a significant influence over Fox Corporation because of its voting interests. After the Murdoch family trust arrangement was changed in 2025, the remaining family trusts held their Fox shares through LGC Holdco, which had about 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, even though both have a strong connection to the Murdoch family. The confusion mainly comes from their shared history and the fact that both companies were part of Rupert Murdoch’s broader media empire. Fox News is part of Fox Corporation, which focuses on businesses such as news, sports, broadcasting, and entertainment.
Fox Corporation
Fox Corporation is the publicly traded parent company of Fox News. It was created in 2019 after Disney acquired a large portion of 21st Century Fox’s assets. The news, sports, broadcasting, and certain entertainment businesses that were not sold to Disney became part of the newly established Fox Corporation.
Today, Fox Corporation includes businesses such as FOX News Media, FOX Sports, FOX Entertainment, Tubi, and FOX Television Stations. This means Fox News is one part of a much larger company rather than a separate company owned directly 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. It has strong historical and family connections to the Murdochs, but it does not own Fox News.
News Corp focuses mainly on publishing and information businesses. 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 misunderstandings about who owns and controls Fox News. People often assume that because Rupert Murdoch founded and built the broader Fox media empire, he personally owns Fox News today. Others believe that Disney owns Fox News because Disney acquired a large portion of 21st Century Fox in 2019. The actual structure is more specific. Fox News is part of Fox Corporation, which is a publicly traded company.
“Rupert Murdoch Personally Owns All of Fox News”
This statement is incorrect because Rupert Murdoch does not personally own all of Fox News. Fox News is part of Fox Corporation, which is a publicly traded company. This means the company has multiple shareholders rather than being completely owned by one person.
Rupert Murdoch was extremely important in building the Fox media empire and was 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 has control over the Murdoch family’s relevant voting interests in Fox Corporation.
“Disney Owns Fox News”
This statement is incorrect because Disney did not acquire Fox News when it bought a large portion of 21st Century Fox in 2019. Before the Disney deal was completed, Fox’s news, sports, and broadcasting businesses were separated from the assets being sold to Disney.
Fox News became part of Fox Corporation, the new company created to hold those remaining Fox businesses. This means Fox News stayed under the Fox corporate structure instead of becoming a Disney-owned business.
Fox News Ownership Explained in One Table
This section gives readers a quick and simple summary of the main facts about Fox News ownership. Instead of reading through the entire article to understand who owns, controls, and manages Fox News, the table puts the important information in one place.
The table also helps clear up common confusion between Fox Corporation, Rupert Murdoch, Lachlan Murdoch, Suzanne Scott, and Disney. It shows that Fox Corporation is the company that owns Fox News, while Lachlan Murdoch has significant control over the Murdoch family’s 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. Fox Corporation is publicly traded, meaning its shares are held by multiple investors rather than by one individual.
The Murdoch family nevertheless has 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 an important historical figure in the Fox media empire, but he is now Chairman Emeritus rather than the company’s active chairman.
