Brand Intelligence Graphcompany
Company Overview
About Fox Corporation (Class B)
Fox Corporation is a New York City, New York-based television broadcasting, cable news, and sports media company — its Class B non-voting shares publicly traded on NASDAQ (NASDAQ: FOX) as an S&P 500 Communication Services component (with Class A FOXA shares carrying voting rights) — operating the Fox News Channel (the top-rated US cable news network), Fox Business Network, the Fox broadcast television network, Fox Sports, and Tubi (the largest free ad-supported streaming service in the US) through approximately 9,000 employees. In fiscal year 2024 (ending June 2024), Fox Corporation reported total revenue of approximately $14.7 billion, with cable affiliate fees, broadcast advertising from NFL/MLB/NASCAR programming, and Fox News Channel advertising as primary revenue drivers. Fox Corporation was created in 2019 when Rupert Murdoch's 21st Century Fox sold its entertainment assets to Walt Disney for $71.3 billion — retaining the news, sports, and broadcast TV assets. Lachlan Murdoch serves as Executive Chairman and CEO. Fox One, the company's new streaming service for cord-cutters, officially launched combining Fox broadcast network and cable channel content for streaming subscribers who have cancelled traditional cable television packages.
Business Model & Competitive Advantage
Fox Corporation's dual-share-class structure (Class A FOXA with voting rights, Class B FOX without voting rights) reflects the Murdoch family's control mechanism — both share classes have identical economic rights (dividends, liquidation preference) but Class B FOX shareholders hold no voting rights in corporate governance, while Class A FOXA shareholders elect directors and vote on major corporate actions. The Murdoch family's voting control through Class A shares insulates Fox Corporation from shareholder activism and hostile takeover pressure — a governance structure common among media companies founded by controlling families (similar to Alphabet's Class C GOOG and Comcast's Class A shares). The news and sports broadcast operating model generates advertising and affiliate fee revenue through Fox News Channel's appointment-viewing conservative news audience and Fox broadcast's live NFL, MLB, and NASCAR programming — live events that advertising clients pay premium rates to reach because audiences cannot time-shift live sports and news viewing.
Competitive Landscape 2025–2026
In 2025, Fox Corporation competes in US cable news, broadcast television, and streaming against CNN/Warner Bros. Discovery (NASDAQ: WBD), NBC/MSNBC/Peacock (Comcast), and ABC/ESPN/Disney+ (NYSE: DIS) for news audience share, national advertising budgets, and sports broadcasting rights. Fox One's streaming service targets the growing cord-cutter household segment (US pay TV subscriptions declined from 100M+ to ~65M households) with Fox broadcast and cable content at streaming-accessible price points, competing with Peacock (NBC streaming), Paramount+ (CBS streaming), and Hulu (ABC/Disney streaming) for broadcast network streaming subscribers. Tubi (FAST platform, 70M+ monthly users) provides separate advertising-based streaming revenue competitive with Pluto TV (Paramount), Xumo (Comcast), and Amazon Freevee. The 2025 strategy focuses on Fox News primetime audience retention through major news cycles, NFL broadcasting rights continuation, and Fox One subscriber ramp as cord-cutting household conversion accelerates.
The Fox Corporation (Class B) Story
Founders
Recent Activity
View all →Company Timeline
Major milestones in Fox Corporation (Class B)'s journey
Leadership Team
Meet the leaders behind Fox Corporation (Class B)
Lachlan K. Murdoch
Lachlan Murdoch is the Executive Chairman and CEO of Fox Corporation, overseeing the company's premier portfolio of news, sports, and entertainment assets. He assumed sole leadership in November 2023 when his father Rupert Murdoch retired as chairman. At age 53, Lachlan controls Fox Corporation through the Murdoch family trust holding 36% of voting shares. He previously served in senior roles at 21st Century Fox and News Corporation, and had a nine-year absence from the family business before returning in 2014.
John P. Nallen
John P. Nallen serves as President and Chief Operating Officer for Fox Corporation and is a member of the Office of the Chairman. He has oversight of the company's finance, strategy, business development, distribution, real estate, and human resources organizations, playing a critical role in Fox's operational efficiency and strategic initiatives.
Steve Tomsic
Steve Tomsic serves as Chief Financial Officer of Fox Corporation, overseeing corporate and operational finance activities including capital markets, merger and acquisition transactions, treasury, risk management, tax, financial planning and analysis, accounting, and external reporting. He has been CFO since 2018 and previously served as Deputy CFO of 21st Century Fox from March 2017 to March 2019.
Suzanne Scott
Suzanne Scott serves as CEO of FOX News Media, which encompasses FOX News Channel, FOX Business Network, FOX News Digital, FOX News Radio, FOX News Headlines 24/7, and FOX News podcasts. Under her leadership, Fox News has maintained its position as the #1 cable news network for over 22 consecutive years and achieved record ratings in 2024.
Jay Wallace
Jay Wallace serves as President of FOX News Media, working alongside CEO Suzanne Scott to lead the news division's strategic operations and editorial direction. He plays a key role in maintaining Fox News' dominance in cable news viewership and expanding its digital footprint.
Gabrielle Brown
Gabrielle Brown serves as Chief Investor Relations Officer and Executive Vice President, leading Fox Corporation's communications with stockholders, potential investors, and financial analysts. She oversees the company's investor relations strategy and maintains transparent communication with the investment community.
Key Differentiators
Market Leader
Fox Corporation (Class B) is recognized as a market leader in the Communications sector, demonstrating strong industry presence and customer trust.
Enterprise Scale
With $14.7B in revenue, Fox Corporation (Class B) operates at enterprise scale with proven market validation.
Frequently Asked Questions
Estimated Visibility Trend (Beta)
Simulated 8-week rolling score
Based on estimated brand signals. Historical tracking coming soon.
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