# Fox Corporation > American mass media company, successor to 21st Century Fox **Wikidata**: [Q60238941](https://www.wikidata.org/wiki/Q60238941) **Wikipedia**: [English](https://en.wikipedia.org/wiki/Fox_Corporation) **Source**: https://4ort.xyz/entity/fox-corporation ## Summary Fox Corporation is an American mass media company founded in 2019 as the successor to 21st Century Fox. It is a public company that operates as a holding entity for various media assets, including Fox News, Fox Sports, and Fox Television Stations, and is headquartered in New York City. The company was created to retain the media properties after the sale of 21st Century Fox to Disney in 2019. ## Key Facts - Founded in 2019 as the successor to 21st Century Fox. - Headquartered in New York City, United States. - Operates as a public company with shares traded on the Nasdaq stock exchange. - Owned by Rupert Murdoch, who previously founded News Corporation and 21st Century Fox. - Retains key media assets including Fox News, Fox Sports, and Fox Television Stations. - Employed approximately 9,000 people as of its founding. - Part of the S&P 500 stock market index. - Website: [foxcorporation.com](https://foxcorporation.com/). - Subsidiaries include Tubi, Fox Sports, and MyNetworkTV. - Affiliated with financial journalists like Maria Bartiromo and public relations executives like Hope Hicks. - Revenue figures include $9.92 billion in 2023, $10.15 billion in 2022, and $11.39 billion in 2021. - Net profit figures include $1.37 billion in 2023, $2.19 billion in 2022, and $1.59 billion in 2021. - Total assets valued at $21.75 billion as of 2023. ## FAQs **What is Fox Corporation?** Fox Corporation is an American mass media company founded in 2019 as the successor to 21st Century Fox, which was acquired by Disney in 2019. It operates as a public company and retains key media properties such as Fox News, Fox Sports, and Fox Television Stations. **Who owns Fox Corporation?** Fox Corporation is owned by Rupert Murdoch, who previously founded News Corporation and 21st Century Fox. Murdoch remains a significant figure in the company's ownership and governance. **What are the key subsidiaries of Fox Corporation?** Fox Corporation's subsidiaries include Tubi, an American streaming video service; Fox Sports, a sports programming division; and MyNetworkTV, an American television syndication service. **Where is Fox Corporation headquartered?** Fox Corporation is headquartered in New York City, United States, specifically at 1211 Avenue of the Americas. **What is the revenue of Fox Corporation?** Fox Corporation's revenue figures include $9.92 billion in 2023, $10.15 billion in 2022, and $11.39 billion in 2021, reflecting its financial performance as a media conglomerate. **What is the net profit of Fox Corporation?** Fox Corporation's net profit figures include $1.37 billion in 2023, $2.19 billion in 2022, and $1.59 billion in 2021, indicating its profitability as a publicly traded company. **What is the total assets value of Fox Corporation?** Fox Corporation's total assets are valued at $21.75 billion as of 2023, reflecting its financial standing in the media industry. ## Why It Matters Fox Corporation matters as a significant player in the global media landscape, particularly in news broadcasting and sports programming. Its creation in 2019 as the successor to 21st Century Fox allowed it to retain key media properties after the acquisition by Disney, ensuring the continuity of Fox News and Fox Sports. As a public company, Fox Corporation provides a platform for investors to participate in the media industry, while its subsidiaries like Tubi and Fox Sports cater to diverse audiences in the digital and sports entertainment sectors. The company's financial performance, with revenue figures exceeding $9 billion annually, underscores its importance in the media conglomerate sector. Additionally, Fox Corporation's affiliation with influential figures like Rupert Murdoch and media personalities like Maria Bartiromo highlights its role in shaping media discourse and entertainment content. Its presence in the S&P 500 index further solidifies its status as a major player in the financial markets. ## Notable For - Being the successor to 21st Century Fox, which was acquired by Disney in 2019. - Retaining key media properties such as Fox News, Fox Sports, and Fox Television Stations. - Operating as a public company with shares traded on the Nasdaq stock exchange. - Employing approximately 9,000 people, reflecting its significant workforce in the media industry. - Having revenue figures of $9.92 billion in 2023, $10.15 billion in 2022, and $11.39 billion in 2021. - Having net profit figures of $1.37 billion in 2023, $2.19 billion in 2022, and $1.59 billion in 2021. - Having total assets valued at $21.75 billion as of 2023. - Being part of the S&P 500 stock market index, indicating its financial stability and market presence. - Having subsidiaries like Tubi, Fox Sports, and MyNetworkTV, which cater to diverse media and entertainment needs. - Being affiliated with financial journalists like Maria Bartiromo and public relations executives like Hope Hicks, reflecting its influence in media and business circles. ## Body ### Overview Fox Corporation is an American mass media company founded in 2019 as the successor to 21st Century Fox. The company operates as a public entity with shares traded on the Nasdaq stock exchange, retaining key media assets including Fox News, Fox Sports, and Fox Television Stations. Headquartered in New York City, Fox Corporation employs approximately 9,000 people and is part of the S&P 500 stock market index. The company's website is [foxcorporation.com](https://foxcorporation.com/), and it has revenue figures of $9.92 billion in 2023, $10.15 billion in 2022, and $11.39 billion in 2021. Its net profit figures include $1.37 billion in 2023, $2.19 billion in 2022, and $1.59 billion in 2021, with total assets valued at $21.75 billion as of 2023. ### Ownership and Governance Fox Corporation is owned by Rupert Murdoch, who previously founded News Corporation and 21st Century Fox. Murdoch remains a significant figure in the company's ownership and governance, having built a media empire that spans newspapers, television networks, and film studios. The company operates as a public entity, with shares traded on the Nasdaq stock exchange, allowing investors to participate in its financial performance. Fox Corporation's headquarters is located at 1211 Avenue of the Americas in New York City, reflecting its central role in the American media landscape. ### Subsidiaries and Affiliations Fox Corporation has several key subsidiaries, including Tubi, an American streaming video service founded in 2014; Fox Sports, a sports programming division founded in 1994; and MyNetworkTV, an American television syndication service founded in 2006. These subsidiaries cater to diverse audiences in the digital and sports entertainment sectors, ensuring the company's relevance in the evolving media landscape. Additionally, Fox Corporation is affiliated with influential figures like Maria Bartiromo, an American financial journalist and television personality, and Hope Hicks, an American public relations executive and political advisor. These affiliations highlight the company's role in shaping media discourse and business strategies. ### Financial Performance Fox Corporation's financial performance is marked by significant revenue and net profit figures. In 2023, the company reported revenue of $9.92 billion and a net profit of $1.37 billion. In 2022, revenue was $10.15 billion, with a net profit of $2.19 billion. In 2021, revenue reached $11.39 billion, and net profit was $1.59 billion. These figures reflect the company's financial stability and profitability as a publicly traded entity. The total assets of Fox Corporation are valued at $21.75 billion as of 2023, indicating its strong financial standing in the media industry. ### Market Presence Fox Corporation is part of the S&P 500 stock market index, which includes the largest publicly traded companies in the United States. This membership underscores the company's financial stability and market presence. The company's shares are traded on the Nasdaq stock exchange, providing liquidity and accessibility for investors. Fox Corporation's inclusion in the S&P 500 index reflects its significance as a major player in the financial markets and its role in the broader economy. ### Media Properties Fox Corporation retains several key media properties from its predecessor, 21st Century Fox. These include Fox News, an American cable television news channel founded in 1996; Fox Sports, a sports programming division founded in 1994; and Fox Television Stations, a television station division founded in 1986. These properties ensure the continuity of Fox Corporation's media presence and its ability to cater to diverse audiences in news, sports, and entertainment. ### Digital and Streaming Services Fox Corporation's subsidiaries include Tubi, an American streaming video service that offers a vast library of movies and TV shows. Tubi was founded in 2014 and has become a significant player in the digital streaming market, providing content to a global audience. The company's investment in digital streaming reflects its adaptability to the evolving media landscape and its commitment to providing innovative content delivery solutions. ### Sports Programming Fox Sports is a key subsidiary of Fox Corporation, specializing in sports programming. Founded in 1994, Fox Sports has become a major player in the sports entertainment industry, offering coverage of major events and leagues. The subsidiary's programming includes sports news, analysis, and live events, catering to sports enthusiasts worldwide. Fox Sports' presence in the sports programming sector underscores Fox Corporation's commitment to providing high-quality content in a competitive market. ### Television Syndication MyNetworkTV is another subsidiary of Fox Corporation, specializing in television syndication. Founded in 2006, MyNetworkTV provides a platform for independent producers to distribute their content to a wide audience. The subsidiary's services include advertising sales, distribution, and promotional support, ensuring the success of its affiliated programs. MyNetworkTV's role in television syndication highlights Fox Corporation's diverse media offerings and its ability to cater to different content needs. ### Affiliations and Influences Fox Corporation is affiliated with several influential figures in the media and business sectors. Maria Bartiromo, an American financial journalist and television personality, is a notable affiliate, contributing to the company's media discourse and business strategies. Hope Hicks, an American public relations executive and political advisor, is another significant affiliate, reflecting the company's influence in political and media circles. These affiliations underscore Fox Corporation's role in shaping media narratives and business practices. ### Financial Indicators Fox Corporation's financial indicators include revenue figures of $9.92 billion in 2023, $10.15 billion in 2022, and $11.39 billion in 2021. Net profit figures include $1.37 billion in 2023, $2.19 billion in 2022, and $1.59 billion in 2021. These indicators reflect the company's financial performance and profitability as a publicly traded entity. The total assets of Fox Corporation are valued at $21.75 billion as of 2023, indicating its strong financial standing in the media industry. ### Market and Financial Data Fox Corporation's market and financial data include its inclusion in the S&P 500 stock market index, with shares traded on the Nasdaq stock exchange. The company's revenue and net profit figures, as well as its total assets value, reflect its financial stability and market presence. These data points underscore Fox Corporation's significance as a major player in the financial markets and its role in the broader economy. ### Media and Entertainment Influence Fox Corporation's media and entertainment influence is evident in its retention of key properties like Fox News, Fox Sports, and Fox Television Stations. These properties ensure the continuity of the company's media presence and its ability to cater to diverse audiences in news, sports, and entertainment. The company's subsidiaries, including Tubi and MyNetworkTV, further highlight its commitment to providing innovative content delivery solutions and catering to different content needs. ### Financial and Market Significance Fox Corporation's financial and market significance is underscored by its inclusion in the S&P 500 stock market index and its shares traded on the Nasdaq stock exchange. The company's revenue and net profit figures, as well as its total assets value, reflect its financial stability and profitability as a publicly traded entity. These indicators highlight Fox Corporation's role as a major player in the financial markets and its impact on the broader economy. ### Media and Business Strategies Fox Corporation's media and business strategies are reflected in its ownership by Rupert Murdoch and its retention of key media properties. The company's subsidiaries, including Tubi, Fox Sports, and MyNetworkTV, cater to diverse audiences in the digital and sports entertainment sectors. These strategies ensure the company's relevance in the evolving media landscape and its ability to adapt to changing market conditions. ### Financial and Market Performance Fox Corporation's financial and market performance is marked by significant revenue and net profit figures. In 2023, the company reported revenue of $9.92 billion and a net profit of $1.37 billion. In 2022, revenue was $10.15 billion, with a net profit of $2.19 billion. In 2021, revenue reached $11.39 billion, and net profit was $1.59 billion. These figures reflect the company's financial stability and profitability as a publicly traded entity. The total assets of Fox Corporation are valued at $21.75 billion as of 2023, indicating its strong financial standing in the media industry. ### Media and Entertainment Properties Fox Corporation's media and entertainment properties include Fox News, an American cable television news channel; Fox Sports, a sports programming division; and Fox Television Stations, a television station division. These properties ensure the continuity of the company's media presence and its ability to cater to diverse audiences in news, sports, and entertainment. The company's subsidiaries, including Tubi and MyNetworkTV, further highlight its commitment to providing innovative content delivery solutions and catering to different content needs. ### Financial and Market Indicators Fox Corporation's financial and market indicators include its inclusion in the S&P 500 stock market index and its shares traded on the Nasdaq stock exchange. The company's revenue and net profit figures, as well as its total assets value, reflect its financial stability and market presence. These indicators underscore Fox Corporation's significance as a major player in the financial markets and its role in the broader economy. ### Media and Business Influence Fox Corporation's media and business influence is evident in its ownership by Rupert Murdoch and its retention of key media properties. The company's subsidiaries, including Tubi, Fox Sports, and MyNetworkTV, cater to diverse audiences in the digital and sports entertainment sectors. These influences ensure the company's relevance in the evolving media landscape and its ability to adapt to changing market conditions. ### Financial and Market Significance Fox Corporation's financial and market significance is underscored by its inclusion in the S&P 500 stock market index and its shares traded on the Nasdaq stock exchange. The company's revenue and net profit figures, as well as its total assets value, reflect its financial stability and profitability as a publicly traded entity. These indicators highlight Fox Corporation's role as a major player in the financial markets and its impact on the broader economy. ### Media and Entertainment Strategies Fox Corporation's media and entertainment strategies are reflected in its ownership by Rupert Murdoch and its retention of key media properties. The company's subsidiaries, including Tubi, Fox Sports, and MyNetworkTV, cater to diverse audiences in the digital and sports entertainment sectors. These strategies ensure the company's relevance in the evolving media landscape and its ability to adapt to changing market conditions. ### Financial and Market Performance Fox Corporation's financial and market performance is marked by significant revenue and net profit figures. In 2023, the company reported revenue of $9.92 billion and a net profit of $1.37 billion. In 2022, revenue was $10.15 billion, with a net profit of $2.19 billion. In 2021, revenue reached $11.39 billion, and net profit was $1.59 billion. These figures reflect the company's financial stability and profitability as a publicly traded entity. The total assets of Fox Corporation are valued at $21.75 billion as of 2023, indicating its strong financial standing in the media industry. ### Media and Entertainment Properties Fox Corporation's media and entertainment properties include Fox News, an American cable television news channel; Fox Sports, a sports programming division; and Fox Television Stations, a television station division. These properties ensure the continuity of the company's media presence and its ability to cater to diverse audiences in news, sports, and entertainment. The company's subsidiaries, including Tubi and MyNetworkTV, further highlight its commitment to providing innovative content delivery solutions and catering to different content needs. ## References 1. Thomson Reuters Open Perm ID 2. Legal Entity Identifier 3. Google Maps 4. EDGAR 5. [Source](https://www.prnewswire.com/news-releases/fox-corporation-completes-acquisition-of-67-of-equity-of-credible-labs-300940531.html) 6. [Source](https://www.nasdaq.com/market-activity/stocks/foxa) 7. [What Happened With Twenty-First Century Fox Today. The Motley Fool. 2019](https://www.nasdaq.com/articles/what-happened-twenty-first-century-fox-today-2019-03-19) 8. [Source](https://www.nasdaq.com/market-activity/stocks/fox) 9. OpenCorporates 10. [Source](https://press.foxnews.com/) 11. [Form 10-K. 2019](https://www.sec.gov/Archives/edgar/data/0001754301/000156459019031285/fox-10k_20190630.htm) 12. [Form 10-K. 2020](https://www.sec.gov/Archives/edgar/data/0001754301/000156459020038975/fox-10k_20200630.htm) 13. [Form 10-K. 2021](https://www.sec.gov/Archives/edgar/data/0001754301/000156459021043103/fox-10k_20210630.htm) 14. [Form 10-K. 2022](https://www.sec.gov/Archives/edgar/data/0001754301/000162828022022584/fox-20220630.htm) 15. ROR release v1.51 16. FactGrid