The answer to the question of who funds Fox News is not as simple as one might think. There are a number of entities that contribute to the network.
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The Murdoch Family
The Murdoch family has been in the news for a long time. But, most recently, they have been in the news for their alleged ties to Fox News. The Murdoch family owns Fox News, and they have been accused of using the news station to further their own political agenda. Let’s take a look at who the Murdoch family is and what their ties to Fox News are.
Rupert Murdoch is the founder and current CEO of Fox News. He is also the Chairman and CEO of the Fox Corporation. Murdoch is a native of Australia and started his media career there before moving to the United Kingdom and later the United States. He has been a controversial figure in the media world for decades, with many people accusing him of using his media outlets to promote right-wing political agendas.
Lachlan Keith Murdoch (/ˈlæklən/; born 8 September 1971) is an Australian-born American media proprietor and businessman. He is the co-chairman and co-chief executive officer (CEO) of 21st Century Fox, the company formed from the 2013 split of News Corporation. He sits on the News Corporation board of directors, and is the chairman of Nova Entertainment and third largest shareholder in Illycaffe. He was CEO of News Corp Australia between 2007 and 2015.
James Murdoch is the second son of Rupert Murdoch, and was born in 1972. He was educated at Harvard University, graduating with a B.A. in economics in 1994. He then worked for his father’s company, News Corporation, in various roles including as the head of Star TV in Hong Kong and London, before being appointed as chairman and CEO of News International in 2007. He resigned from this role in 2012 after it was revealed that News International had been involved in illegal activities such as phone hacking and bribery. James Murdoch is currently the chairman of Sky plc, and also sits on the boards of dozens of other companies.
Fox News Executives
Fox News is an American conservative cable news channel funded by Rupert Murdoch’s 21st Century Fox. The channel promotes a variety of right-wing and libertarian viewpoints. Fox News executives include Rupert Murdoch, Lachlan Murdoch, James Murdoch, Roger Ailes, and Bill O’Reilly.
Roger Ailes is the former chairman and CEO of Fox News. He was forced to resign in 2016 amid sexual harassment allegations. Ailes was one of the most powerful figures in American media, and his departure from Fox News sent shockwaves through the political and news industries.
Ailes began his career as a television producer, working on popular shows such as “The Mike Douglas Show” and “The Tonight Show Starring Johnny Carson.” He later served as a media consultant for Republican presidents Richard Nixon, Ronald Reagan and George H.W. Bush. In 1996, he founded Fox News, which quickly became the most-watched cable news channel in the United States.
Under Ailes’ leadership, Fox News was known for its conservative leanings and promotion of right-wing views. Ailes himself was a close friend and advisor to many prominent Republicans, including President Donald Trump.
Despite his success at Fox News, Ailes’ tenure was marred by accusations of sexual harassment from female employees. In 2016, former Fox News anchor Gretchen Carlson filed a lawsuit against Ailes alleging that he had sexually harassed her and denied her opportunities at the network because she refused his advances. After Carlson’s lawsuit became public, several other women came forward with similar allegations against Ailes.
In July 2016, Ailes resigned from Fox News after an internal investigation conducted by 21st Century Fox found that he had indeed engaged in sexual harassment.
Fox News executives first learned of complaints about Bill O’Reilly’s behavior in 2002, when a producer on his show, “The O’Reilly Factor,” accused him of sexual harassment, according to documents released Tuesday.
The complaint was reported to senior Fox News executives, but the network took no action against Mr. O’Reilly at the time. In fact, he was rewarded with a new contract that paying him $10 million a year.
Fox News renewed Mr. O’Reilly’s contract in February even though the company knew that he had reached a $32 million settlement with another woman who had accused him of sexual harassment.
Sean Hannity is a Fox News executive and host of the highest-rated show on the network, “Hannity.” He is known for his conservative commentary and interviews with high-profile guests.
Hannity began his career working for radio stations in Santa Barbara and Atlanta. He later joined Fox News, where he has been a contributor since 1996. In 2001, he began hosting his own show, “Hannity & Colmes.” After the departure of co-host Alan Colmes in 2008, the show was renamed “Hannity.”
In addition to his work on television, Hannity is also a nationally syndicated radio host. He has written three books, all of which have been New York Times bestsellers.
Other Fox News Contributors
In addition to Rupert Murdoch and the Murdoch Family Trust, which controls Fox News’ parent company 21st Century Fox, the network’s contributors include Saudi Arabia, Verizon, AT&T, and Nestlé.
Rupert Murdoch’s Children
Rupert Murdoch is the founder and executive chairman of Fox News. His children, James Murdoch and Lachlan Murdoch, are both co-chairs of Fox News.
Fox News Employees
Other Fox News Contributors – (Who Funds Fox News?)
Fox News Employees
Rupert Murdoch – Executive Chairman
Roger Ailes – Former President & CEO
Bill O’Reilly – Host of The O’Reilly Factor
Sean Hannity – Host of Hannity
Megyn Kelly – Host of The Kelly File
Bret Baier – Host of Special Report with Bret Baier
Steve Doocy, Brian Kilmeade, and Elisabeth Hasselbeck – Co-Hosts of Fox & Friends
Shepard Smith – Host of Shepard Smith Reporting
Fox News Viewers
Fox News is a US-based cable and satellite news channel owned by the Fox Entertainment Group, a subsidiary of 21st Century Fox. As of February 2015, approximately 97,186,000 American households (85.27% of cable, satellite & telco customers) receive the Fox News Channel.