Faux News’s Parent organization: The Walt Disney Company
Twenty-First Century Fox, Inc., doing business as 21st Century Fox, is an American multinational mass media corporation that is based in Midtown Manhattan, New York City.
It was one of the two companies formed from the 2013 spin-off of the publishing assets of News Corporation, as founded by Rupert Murdoch in 1980. Wikipedia
Parent organization: The Walt Disney Company
Headquarters: New York City, NY
Revenue: 30.4 billion USD (2018)
Number of employees: 22,400 (2018)
Subsidiaries: Fox News, 20th Century Fox,
So if Freepers love those, who control Disney/ABC/ESPN, they can just keep bitching and paying to be spit on.
Or they can cut their cable and stop watching FAUX!
Link to a real Competitor to Fox News:
https://vaughn.live/american_news
I think the news division has been spun off to become an independent, stand alone company.
Disney got the entertainment biz.
https://vaughn.live/american_news
Thank you for the link Grampa.
Timely because it just so happens the link I was using for OAN no longer worked.
Per Wikipedia - FOX Corporation
As of today, 3/19/2019, Disney owns the former 21st Century FOX movie businesses. The remainder of 21st Century FOX has reorganized as FOX Corporation.
Key People
Lachlan Murdoch (chairman and CEO)
Rupert Murdoch (co-chairman)
John Nallen (COO)
Owner
Murdoch family - (39% voting power)
Subsidiaries
Fox Broadcasting Company
Fox Television Stations Group
Fox News Group
Fox Sports Media Group
Per Wiki:
Fox Corporation, also known as Fox Corp. (referred to before its creation as “New Fox”) is a mass media company formed as a result of the acquisition of 21st Century Fox by Disney to serve as the corporate spin-off for the assets The Walt Disney Company didn’t acquired.[7][1] The company began trading on March 19, 2019—the eve of the expected completion of the Disney acquisition of the remainder of 21st Century Fox.
Fox is the legal successor to 21st Century Fox (in turn a successor to News Corporation) dealing primarily in the television broadcast, news and sports broadcasting industries. Its sister company under Rupert Murdoch’s control, News Corp, holds Murdoch’s print interests and other media assets in Australia (both owned by him and his family via a family trust with 39% interest in each). Murdoch is co-executive Chairman, while his son Lachlan Murdoch is Chairman and CEO, respectively.
Fox’s assets include the Fox Broadcasting Company, Fox Television Stations, Fox News, the Fox Business Network, the national operations of Fox Sports, and others.[5]
On December 17, 2017, The Walt Disney Company announced its intent to acquire the filmed entertainment, cable entertainment, and direct broadcast satellite divisions of 21st Century Fox. The remainder of the company, would form a so-called “New Fox”, maintaining control of assets such as Fox’s television network and broadcast stations, Fox News Channel, and the national operations of Fox Sports, among other assets. Fox’s regional sports networks were to be included in the sale to Disney.[8][9] In May 2018, it was confirmed that Lachlan Murdoch, rather than James Murdoch, would take charge of the New Fox company.[4]
The merger has faced antitrust scrutiny; Disney would not legally be able to own both the ABC and Fox networks due to an FCC policy known as the “dual network rule”, which prohibits mergers between the top broadcast networks.[10] The Department of Justice also ordered that Fox’s regional sports networks be divested by Disney, as their combination with ESPN would put Disney in a dominant position of the overall market.[11][12]
In mid-2018, Comcast instigated bidding wars over both the assets Disney planned to purchase, and the British broadcaster Sky plc (a company which 21st Century Fox held a stake in, and was planning to acquire the remainder). In July 2018, Fox agreed to an increase of Disney’s offer to $71.3 billion to fend off Comcast’s counter-bid.[13][14] British regulators ordered that a blind auction be held for Sky’s assets, which would be won by Comcast.[15]
On October 10, 2018, it was reported that in preparation for the impending completion of the sale, the new, post-merger organizational structure of “New Fox” would be implemented by January 1, 2019.[6] On November 14, 2018, it was revealed that the new independent company will maintain the original “Fox” name.[16]
On January 7, 2019, Fox Corporation’s registration statement was filed with the U.S. Securities and Exchange Commission.[17][3]
On January 11, 2019, Fox stated in a securities filing that it has no plans to bid on its former regional sports networks.[7]
On March 12, 2019, Disney announced that the sale would be completed by March 20, 2019.[18] On March 19, 2019, Fox Corporation officially began trading on the S&P 500, replacing 21st Century Fox on the index.[19] Republican politician and former speaker of the house Paul Ryan also joined Fox’s board at this time.
Amen, Grampa Dave! Hi!!
This makes perfect sense. Stick him where he can continue to damage Trump. Ryan is the reason we don’t have a fence on the border and he was doing exactly what he was put in DC to do....KNOW YOUR ENEMY! If you don’t know who Cesar Conda is, you need to know.
Who runs the GOP and owns Paul Ryan & Marco Rubio? Let’s name names!
https://towncriernews.blogspot.com/2016/05/who-runs-gop-and-owns-paul-ryan-marco.html
Gramps, you misunderstand. Disney bought Fox’s movie business. Fox is keeping Fox News, Business, Network Studio and TV stations. In fact, it’s fairly old news when it was proposed several years ago or so. The DOJ gave the deal its OK and the split became final this week.