Fox Corporation

Fox Corporation, formerly 21st Century Fox Corporation, began operations on March 19, 2019 when the Walt Disney Company completed its purchase of parts of 21st Century Fox. The assets not purchased by Disney are now operated by Fox Corporation.

The company is controlled by Rupert Murdoch and his family through a family trust which owns 39.6% of the stock. Ruper Murdoch's son Lachlan Murdoch is Fox Corporation's executive chairman and CEO.

Fox Corporation owns the Fox Television Network, Fox News Channel, Fox Business Network, Fox Sports, Fox Television Stations Group and the sports cable channels FS1, FS2, Fox Deportes and Big Ten Network.

The assets of the old 21st Century Fox company bought by the Walt Disney Company include the 20th Century Fox movie studio and the Fox Searchlight movie and television studios, along with the FX channel and hundreds of international cable channels. Also included is 21st Century Fox's minority interest in the streaming service Hulu and a 39% interest in European pay TV operator Sky UK Limited.

Disney originally announced the deal to buy the Fox assets on December 14, 2017 for $52.4 billion. After Comcast submitted a $65 billion counter offer, Disney increased its offer to the final deal price of $71.3 billion.

21st Century Fox began operations on June 28, 2013, when the Fox local TV stations, Fox cable services and the 20th Century Fox movie studio were spun off from Rupert Murdoch's News Corporation to form a new company.

As a result, the 'new' News Corporation became focused on printed and online news, with assets including Dow Jones & Company, News UK, the New York Post and book publisher HarperCollins.