Fox Network (formally the Fox Broadcasting Company) is a publicly traded television broadcasting company and one of the major U.S. broadcast networks. It is headquartered in New York City, United States, and is widely recognized for its primetime entertainment, sports coverage, and syndicated programming.
Fox Network operates under Fox Corporation, which trades on the NASDAQ under the ticker symbol FOXA.
The network was founded in 1986 by Rupert Murdoch and Barry Diller, and over time grew into a major player in American television. Following the 2019 Disney acquisition of 21st Century Fox, Fox Corporation was created to retain the U.S. broadcast network, Fox News, Fox Sports, and Fox Television Stations.
As of September 2025, Fox Corporation is led by Lachlan Murdoch, who serves as Executive Chair and CEO.
Ownership Status of Fox Network
There is no single private owner of Fox Network. Since it is part of Fox Corporation, a publicly traded company, ownership is distributed among institutional investors, mutual funds, and individual shareholders.
However, the Murdoch family holds controlling voting power through a family trust, with Lachlan Murdoch serving as the principal figure of influence.
Major Shareholders
| Shareholder / Entity | Ownership / Voting Power | Notes |
|---|---|---|
| Murdoch Family Trust | ~36% voting power | Controls Fox Corporation; Lachlan Murdoch is Executive Chair & CEO. |
| Vanguard Group, Inc. | ~10% (approx.) | Passive institutional investor via ETFs and index funds. |
| BlackRock, Inc. | ~8% (approx.) | Major global asset manager holding Fox shares. |
| State Street Corporation | ~4% (approx.) | Passive institutional investor. |
Note: Remaining shares are held by various institutional investors, mutual funds, and retail shareholders.
Key Shareholder Highlights
- Murdoch Family Trust: Holds around 36% voting control; ensures the Murdoch family maintains influence over strategic decisions. Lachlan Murdoch represents the family’s leadership.
- Vanguard & BlackRock: Both are passive investment firms, holding significant stakes through index funds, but they do not actively intervene in management.
- Public Shareholders: The rest of the ownership is spread among a wide range of individual and institutional investors.
Recent Developments in Ownership
- In September 2023, Rupert Murdoch stepped down as chairman of Fox Corporation, becoming Chairman Emeritus, while Lachlan Murdoch took over as Executive Chair.
- In September 2025, a Murdoch family settlement further consolidated Lachlan Murdoch’s control of Fox and News Corp, with his siblings agreeing to relinquish influence over the family trust.
FAQs
1. Who is the current owner of Fox Network?
There is no single owner. Fox Network is owned by Fox Corporation, a publicly held company. The Murdoch Family Trust (led by Lachlan Murdoch) controls about 36% of the voting power.
2. Is Fox Network publicly traded or privately owned?
It is publicly traded on the NASDAQ under the ticker FOXA.
3. Who founded Fox Network?
Fox Network was founded in 1986 by Rupert Murdoch and Barry Diller.
4. Has the ownership changed recently?
Yes. In 2025, the Murdoch family restructured its trust to give Lachlan Murdoch greater long-term control of Fox Corporation.
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