# Fox Corporation (Class B)

**Source:** https://geo.sig.ai/brands/fox-corporation-class-b  
**Vertical:** Communications  
**Subcategory:** Enterprise  
**Tier:** Leader  
**Website:** foxcorporation.com  
**Last Updated:** 2026-04-14

## Summary

New York media (NASDAQ: FOX non-voting) ~$14.7B FY2024 revenue; Fox News #1 cable news, Tubi 70M+ monthly users FAST streaming, Fox One streaming launch — economic rights equal to FOXA, no voting rights.

## Company Overview

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.

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.

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.

## Frequently Asked Questions

### What is Fox Corporation?
Fox Corporation is a leading American mass media company that produces and distributes content through premier brands including FOX News Media, FOX Sports, FOX Broadcasting Company, FOX Television Stations, and Tubi Media Group. Formed in 2019 as a spin-off from 21st Century Fox, the company focuses on television broadcasting, news, sports, and streaming services.

### Who are Fox Corporation's customers and target market?
Fox Corporation serves diverse audiences across America through multiple platforms. Fox News reaches conservative and mainstream news viewers and has been the #1 cable news network for 22 consecutive years. FOX Sports targets sports enthusiasts with NFL, FIFA World Cup, and other premium live events. Tubi serves 97 million monthly users seeking free streaming content, with particular strength among 18-34 year-olds, multicultural audiences, and cord-cutters (77% don't have cable).

### When was Fox Corporation founded?
Fox Corporation was founded on March 19, 2019, as a spin-off of 21st Century Fox's television broadcasting, news, and sports assets. The formation occurred when The Walt Disney Company completed its $71.3 billion acquisition of most 21st Century Fox entertainment properties, while broadcasting and news assets were separated into the new Fox Corporation.

### Where is Fox Corporation based?
Fox Corporation is headquartered at 1211 Avenue of the Americas in Midtown Manhattan, New York City, New York 10036. The building also houses Fox News studios and serves as the operational hub for the company's key divisions. Fox Corporation is incorporated in Reno, Nevada.

### How much revenue does Fox Corporation generate?
Fox Corporation reported total revenues of $13.98 billion for fiscal year 2024 (ended June 30, 2024), with a market capitalization of approximately $27.43 billion as of late 2025. The company employs 10,200 people and generates revenue through affiliate fees, advertising, streaming services, and content licensing.

### What makes Fox Corporation different from competitors?
Fox Corporation differentiates itself through its unique focus on premium live content—particularly news and sports—combined with strategic streaming investments. Unlike competitors pursuing expensive scripted entertainment, Fox concentrates on live programming that drives real-time engagement. The company's dual-class structure allows long-term strategic planning under Murdoch family control, while Tubi's free ad-supported model offers a distinct alternative to subscription services like Netflix and Disney+.

### Who are Fox Corporation's main competitors?
Fox Corporation's main competitors include Comcast/NBCUniversal, The Walt Disney Company, Warner Bros. Discovery, and Paramount Global (formerly ViacomCBS). In cable news, Fox News competes with CNN and MSNBC. In sports broadcasting, Fox competes with ESPN, NBC Sports, and CBS Sports. In streaming, Tubi competes with free services like Pluto TV and Peacock, as well as subscription services like Netflix, Disney+, and Max.

### How can I contact Fox Corporation?
For general inquiries, call 212-852-7000. For investor relations, call 212-852-7059 or visit investor.foxcorporation.com. For shareholder services through Computershare (transfer agent), call toll-free 866-202-2414 (U.S.) or +1-781-575-2566 (international), or email web.queries@computershare.com. The company's headquarters is located at 1211 Avenue of the Americas, New York, NY 10036.

### Is Fox Corporation hiring?
Yes, Fox Corporation regularly hires across its divisions including FOX News Media, FOX Sports, FOX Entertainment, FOX Television Stations, and Tubi Media Group. The company offers comprehensive benefits including PTO, health/dental insurance, 401(k) with company match, pension plans, tuition reimbursement, and Employee Resource Groups. Visit foxcareers.com to explore current opportunities.

### What's the latest news about Fox Corporation?
Recent major developments include: Fox One streaming service launch (August 2025), acquisition of one-third stake in Penske Entertainment/IndyCar (July 2025), Red Seat Ventures podcast network acquisition (February 2025), Tubi reaching 97 million monthly users with 10 billion streaming hours (December 2024), and Fox News achieving its highest audience share since 2015 at 56% of primetime cable news viewership (2024).

### What is Fox Corporation's market position?
Fox Corporation holds strong market positions across its core businesses. Fox News is the #1 cable news network for 22 consecutive years, commanding 56% of primetime cable news audience in 2024. FOX Sports holds premier NFL and FIFA World Cup rights. Tubi is a top-tier free streaming service with 97 million monthly users. With a $27.43 billion market cap, Fox ranks among the top five American media companies alongside Disney, Comcast, Warner Bros. Discovery, and Paramount Global.

### What is the difference between Fox Corporation Class A and Class B stock?
Fox Corporation operates a dual-class stock structure. Class B shares (ticker: FOX) carry one vote per share on all matters requiring stockholder votes, including director elections. Class A shares (ticker: FOXA) have no voting rights except in limited circumstances like company liquidation or mergers affecting shareholder control. The Murdoch family trust owns 38.9% of Class B shares, giving the family control over corporate decisions despite minority economic ownership.

## Tags

b2c, communication, global, media, north-america, public, telecom

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*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*