Who Owns Fox News: 2025 Update

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Who Owns Fox News
Who Owns Fox News

The question “who owns fox news” remains at the center of conversations on media power and political influence in 2025. Fox News, a dominant force in U.S. cable news and conservative commentary, continues to shape public discourse as part of the media landscape. As of July 2025, several recent developments have impacted the network’s operation and ownership structure, reflecting both stability and shifts within the Fox media empire.

Who Owns Fox News: The Corporate Structure

Fox News is owned by Fox News Media, which itself is a subsidiary of Fox Corporation. Fox Corporation is a major American mass media company with headquarters in New York and Burbank. The control of Fox Corporation, and therefore Fox News, lies primarily with the Murdoch family, managed through a family trust that holds about 39-40% of the company’s voting shares. This means:

  • The Murdoch family effectively controls the company’s major decisions.
  • Rupert Murdoch, the founder, served as chairman emeritus until November 2023.
  • Lachlan Murdoch, Rupert’s eldest son, is the current executive chair and CEO of Fox Corporation, guiding all strategic and editorial directions.

Key Points Summary

  • Fox News is owned by Fox Corporation, controlled by the Murdoch family trust.
  • Lachlan Murdoch became chief decision-maker after Rupert Murdoch stepped down in late 2023.
  • As of 2025, Fox News generates much of Fox Corporation’s profits and dominates U.S. cable news viewership.
  • Recent court decisions maintain current trust arrangements, keeping family control stable.

Recent News and Current Leadership at Fox News

In 2025, Fox News continues to evolve while reaffirming its core ownership. Suzanne Scott remains the CEO of Fox News Media, overseeing both Fox News Channel and Fox Business Network. Following Rupert Murdoch’s transition to chairman emeritus, Lachlan Murdoch is now the top authority in both the corporate parent and content direction.

A recent court battle in Nevada tested Rupert Murdoch’s attempt to alter the family trust’s control structure. The commissioner ultimately ruled against changes that would have given Lachlan Murdoch even greater authority. This decision keeps the existing family trust arrangement unchanged and ensures all Murdoch children maintain stakes in controlling the company’s destiny.

Fox News in the Digital Arena

The network maintains its status as the most-watched cable news network. In June 2025, Fox News continued its digital dominance, recording over one billion video views across major social platforms—nearly tripling competitors like ABC, NBC, and CBS News on YouTube in May alone. Its new platform, FOX News Clips, drew in nearly 30 million additional views in its first month, reinforcing the brand’s reach in both traditional and digital spheres.

StatisticFox News May 2025Nearest Competitor (YouTube)
Monthly Video Views362 million114 million (ABC News)
Social Video Views1.08 billion (all)
New Platform Views30 million (Clips)

Who Owns Fox News

Ownership of Fox News, while public due to Fox Corporation’s listing, is firmly controlled by the Murdoch family through their trust. The Murdoch trust’s 39-40% share makes them the dominant voting bloc, giving effective control over appointments, strategy, and editorial stance. While other shareholders hold the remainder, none individually approach the voting power of the Murdoch family group.

The year 2019 saw a critical corporate restructuring: Disney acquired many assets of 21st Century Fox, but Fox News remained with Fox Corporation, refocused on news and sports. Paul Ryan, former Speaker of the U.S. House, continues serving on the board as an independent director, reflecting a blend of family and external oversight.

Who Owns the Wall Street Journal and Fox News: Full Ownership Breakdown in 2025

Succession and Family Trust Disputes

Succession disputes over Fox Corporation have played out behind closed doors and in court, as highlighted by the Nevada commissioner’s 2024 decision. While Lachlan Murdoch runs the show, ongoing board involvement by his siblings and other stakeholders ensures no unilateral changes without broader agreement within the trust.

Programming and Market Movements

Programming changes continue to make headlines. In January 2025, Fox News announced adjustments to its weekday and weekend lineup, expanding shows such as “The Fox Report” and appointing new hosts like Will Cain and Charlie Hurt. These moves signal Fox’s intent to maintain its lead with both traditional TV audiences and younger online viewers.

Final Thoughts: The Future of Fox News Ownership

The answer to who owns Fox News in 2025 remains clear: the Murdoch family, through Fox Corporation’s family trust, holds controlling interest. While public shareholders exist, the Murdochs set the strategic and editorial course. With the family trust structure reaffirmed in the courts, and Lachlan Murdoch’s leadership locked in, Fox News continues to be shaped by this media dynasty. The latest updates on lineup changes and streaming successes only reinforce the centrality of the Murdoch family in American media.

What do you think about the ongoing influence of family-owned media giants in today’s news landscape? Share your thoughts below, and stay tuned for updates on Fox News ownership and industry shifts.