Fox Corporation

Fox Corporation is an American multinational mass media company headquartered at 1211 Avenue of the Americas in Midtown Manhattan, with offices also in Burbank, California.

Incorporated in Delaware, it was formed as a spin-off of 21st Century Fox's television broadcasting, news, and sports assets on March 19, 2019.

[13] On December 14, 2017 The Walt Disney Company announced its intent to acquire the motion picture, television production, cable entertainment, and direct broadcast satellite divisions of 21st Century Fox (the former News Corporation, which spun off its publishing assets in 2013), including 20th Century Fox and FX Networks, for $52.4 billion.

[21] On October 10, 2018, it was reported that in preparation for the impending completion of the sale, the new, post-merger organizational structure of "New Fox" would be implemented by January 1, 2019.

[23] On January 11, 2019, Fox stated in a securities filing that it had no plans to bid on its former regional sports networks;[7] they would instead go to a consortium led by Sinclair Broadcast Group, with Fox Corp continuing to license the FSN name to those stations until Sinclair developed a new brand (the networks would eventually become Bally Sports).

[9] Republican politician and former Speaker of the House Paul Ryan also joined Fox Corp's board at this time.

[3] Chairman and CEO Lachlan Murdoch led a town hall meeting three days later, indicating that stock would be issued to the corporation's employees based on longevity.

[28] In early July 2019, Fox Entertainment announced the formation of SideCar, with executives led by Gail Berman.

[46][needs update] In September 2024 Rupert Murdoch applied to a Nevada probate court to remove voting rights from his children other than Lachlan, as set out in the irrevocable family trust.

On December 9, 2024, The New York Times reported that the court had ruled against the Murdochs, who, the probate commissioner wrote, had acted in bad faith when trying to change the trust.