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About Fox Television Stations, Inc.

Fox Corporation offers cable and broadcast TV, from Fox News and Fox Business to The Simpsons, Empire, and 9-1-1, as well as a ballpark full of cable and broadcast sports programming, including the World Series, weekly NFL games, the Super Bowl (every three years), and soccer, NASCAR, and professional golf events. Fox Corp. also owns and operates about 30 TV stations in the US including in the country's top three markets — Los Angeles, Chicago, and New York. The company was created in 2019 when the Walt Disney Company purchased the Twenty-First Century Fox film and TV production assets. Fox Corp.'s co-chairman Rupert Murdoch owns 38% the company's stock.

Operations

Fox Corp.'s operating segments, Cable Network Programming and Television, each generate about 50% of revenue.

The Cable Network Programming segment produces and licenses news, business news and sports content for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies, and online video distributors primarily in the U.S. The segment's roster includes Fox News, Fox Business, and the primary cable sports networks FS1, FS2, and the Big Ten Network. The segment also has Fox Nation, an over-the-top streaming service aimed at dedicated Fox News viewers.

The Television segment acquires, produces, markets, and distributes broadcast network programming nationally under the Fox brand and operates the company's 28 full power broadcast TV stations in 17 local. The Fox Network delivers some 15 hours of primetime programming a week that includes The Gifted, The Resident, and Sunday night lineup of animated shows, The Simpsons, Family Guy, and Bob's Burgers. More than 15 of the stations are affiliated with the FOX Network.

Geographic Reach

Fox Corp., headquartered in New York City, owns and operates 28 TV stations in 17 US markets, ranging from New York to Los Angeles, with other markets including Detroit, Michigan, Phoenix, Arizona, and Tampa, Florida.

Strategy

Fox Corp. is all in on TV. The newly created company focuses on its cable, broadcast TV, and sports broadcasting operations. Fox Corp. was born from the sales of Twenty-First Century Fox film and TV production assets to Walt Disney Corp. for $71 billion.

Fox Corp. maintains that its narrowed focus on its TV assets will help it grow. The company starts from a strong base. It runs the top cable network, Fox News, and hold long-term contracts for highly rated sports events such as the World Series.

In 2019, the company leveraged the popularity of Fox News to start Fox Nation, a streaming video services that offers premium content aimed at dedicated Fox News viewers. The over-the-top service faces competition from Sinclair Broadcasting, the biggest owner of local TV stations in the US. It also started a streaming service aimed at viewers who fit the Fox News audience's demographic.

In sports programming, Fox Corp. continues to emphasize live events in the fall such as the World Series, the NFL, and college football. The company not only generates advertising revenue from the events, but it promotes its own shows to large audiences attracted by the events.

Company Background

Fox Corp. is the remaining part of the Rupert Murdoch media empire that reached its zenith when News Corp. operated publishing, film, and TV production, and cable and broadcast TV. Murdoch began to dismantle the enterprise when News Corp. and Walt Disney Company. Twenty-First Century Fox split up in 2013. News Corp. kept the publishing assets, which included The Wall Street Journal, while the other media entities went to Twenty-First Century Fox. In 2019, Walt Disney Company bought Twenty-First Century Fox for $71 million. The cable and TV programming units were spun off into Fox Corp.

Fox Television Stations, Inc.

1999 S BUNDY DR
Los Angeles, CA 90025-5203
Phone: 1 (310) 584-2000

Firm Stats

Employer Type: Privately Owned
Senior Vice President Of Legal Affairs: David Keneipp
Executive Vice President: Brian Lewis
News Assignment Night Editor: Bill Sheerin
Employees (This Location): 300
Employees (All Locations): 1,490

Major Office Locations

Los Angeles, CA

Other Locations

Phoenix, AZ
Washington, DC
Gainesville, FL
Lake Mary, FL
Chicago, IL
Southfield, MI
Eden Prairie, MN
Kansas City, MO
Saint Louis, MO
New York, NY
Cleveland, OH
Philadelphia, PA
Memphis, TN
Austin, TX
Fort Worth, TX
Houston, TX
Salt Lake City, UT