Fox News

The Fox News Channel (FNC), commonly known as Fox News, is an American multinational conservative news and political commentary television channel and website based in New York City, U.S. It is owned by Fox News Media, which itself is owned by the Fox Corporation. It is the most-watched cable news network in the U.S., and as of 2023 it generates approximately 70% of its parent company's pre-tax profit. The channel broadcasts primarily from studios at 1211 Avenue of the Americas in Midtown Manhattan. Fox News provides a service to 86 countries and territories, with international broadcasts featuring Fox Extra segments during advertising breaks. The channel was created by Australian-born American media mogul Rupert Murdoch in 1996 to appeal to a conservative audience, hiring former Republican media consultant and CNBC executive Roger Ailes as its founding CEO. It launched on October 7, 1996, to 17-million cable subscribers. Fox News grew during the late 1990s and 2000s to become the dominant United States cable news subscription network. By September 2018, 87-million U.S. households (91 percent of television subscribers) could receive Fox News. In 2019, it was the top-rated cable network, averaging 2.5-million viewers in prime time. Murdoch, the executive chairman since 2016, said in 2023 that he would step down and hand responsibilities to his son, Lachlan. Suzanne Scott has been the CEO since 2018. It has been identified as engaging in biased and false reporting in favor of the Republican Party, its politicians, and conservative causes, while portraying the Democratic Party in a negative light. Researchers have argued that the channel is damaging to the integrity of news overall, and acts as an expanded part of the Republican Party. The channel has knowingly endorsed false conspiracy theories to promote Republican and conservative causes. After Dominion Voting Systems initiated a defamation lawsuit against Fox regarding their reporting on the 2020 presidential election, Fox's internal communications were released. The communications showed that its presenters and senior executives privately doubted claims of a stolen election, while Fox continued to broadcast such claims. Other communications showed Fox CEO Suzanne Scott stating that fact-checking such claims would alienate Fox viewers. Fox settled the lawsuit in 2023 by agreeing to pay Dominion $787.5 million and acknowledging the court ruling that Fox had broadcast false statements about Dominion.

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