Who now owns Fox News? This question has been on the minds of many since the media giant’s ownership has changed hands multiple times over the years. The network, known for its conservative viewpoint and influential presence in American politics, has seen a series of owners, each bringing their own vision and agenda. Understanding the current ownership of Fox News is crucial to comprehending its role in shaping public opinion and media discourse in the United States. Let’s delve into the history and current state of ownership to answer this question.
Fox News was founded by media magnate Roger Ailes in 1996, and from its inception, it has been a platform for conservative voices and viewpoints. Ailes, who passed away in 2017, was instrumental in shaping the network’s identity and programming. However, his ownership was short-lived, as he resigned in 2016 amidst allegations of sexual harassment.
Following Ailes’ departure, Fox News was acquired by 21st Century Fox, a company controlled by media executive Rupert Murdoch. The acquisition was completed in 2018, and Murdoch’s company took full control of the network. This marked a significant change in ownership, as Murdoch has a long-standing reputation as a conservative media figure and has been a prominent figure in the media industry for decades.
Under Murdoch’s ownership, Fox News has continued to be a leading source of news and commentary in the United States. The network has faced criticism for its biased reporting and political agenda, but it remains one of the most watched cable news networks in the country. Murdoch’s control over Fox News has raised questions about the network’s independence and impartiality, as critics argue that his conservative views may influence the content and presentation of news.
However, it’s important to note that the ownership of Fox News extends beyond Murdoch. The network is part of the larger 21st Century Fox conglomerate, which includes other media properties such as the Fox Broadcasting Company, Fox Sports, and Fox Entertainment. This means that while Murdoch is the primary owner, there are other stakeholders and shareholders who have a vested interest in the network’s success.
In conclusion, the answer to the question “Who now owns Fox News?” is Rupert Murdoch, through his company 21st Century Fox. While the network has faced scrutiny over its conservative bias and political influence, its ownership by a prominent media figure like Murdoch has solidified its position as a significant player in the American media landscape. As the network continues to evolve, it will be interesting to see how its ownership and programming shape the future of news and media in the United States.
