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Fox News Channel logo. The Fox News Channel (FNC) is an American basic cable and satellite news television channel that was founded by media mogul Rupert Murdoch in 1996. It competes as one of the top-three cable news networks in the United States, often leading its rivals MSNBC, and CNN.
[132] [133] [134] A number of television broadcasting assets were spun off into the Fox Corporation before the acquisition and are still owned by Murdoch. This includes Fox News, of which Murdoch was acting CEO from 2016 until 2019, following the resignation of Roger Ailes due to accusations of sexual harassment. [135] [136]
On July 21, 2016, Ailes resigned from Fox News, receiving $65 million (~$80.9 million in 2023) [1] from 21st Century Fox (the then-parent company of 20th Century Fox and Fox News) in an exit agreement. Rupert Murdoch succeeded him as chairman, and as interim CEO until the naming of a permanent replacement.
Murdoch’s decision to step down may not mean immediate changes at Fox Corp. and News Corp., but his abrupt departure could set the stage for more “Succession”-style battles in the months and ...
Rupert Murdoch, arguably the most powerful person in media, is calling it quits. The 92-year-old announced Thursday he would step down as chairman of Fox Corp. and News Corp. in mid-November. His ...
The 92-year-old Australian billionaire's creation of Fox News Channel has made him an enduring force in American politics. Fox said Murdoch would become chairman emeritus of both the news network ...
The Loudest Voice tells the story of Roger Ailes, who turned Fox News into one of the most powerful, influential media networks in history. It depicts Ailes becoming one of the most prominent figures in modern American conservatism, with flashbacks to the 9/11 attacks, the 2008 U.S. presidential election and 2016 U.S. presidential election, as well as the numerous sexual harassment accusations ...
Lachlan Murdoch, the eldest son of media titan Rupert Murdoch, was named the sole chairman of News Corp and will continue as the chair and chief executive of Fox Corp, the companies said on ...