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With significant market share for the first time ever and the rights to the NFL, Fox firmly established itself as the nation's fourth major network. Fox Television Stations would acquire New World outright on July 17, 1996, in a $2.48 billion stock purchase, making the latter's twelve Fox affiliates owned-and-operated stations of the network ...
With the success of his efforts establishing Fox as a TV network in the United States, [45] [46] experience gained from Sky News and the turnaround of 20th Century Fox, Murdoch announced on January 30, 1996, that News Corp. would launch a 24-hour news channel on cable and satellite systems in the United States as part of a News Corp. "worldwide ...