Who Owns Fox TV? Unveiling the Shifting Sands of Media Power

Power, influence, and media conglomerates collide in the ongoing story of Fox Television Group’s ownership — a landscape shaped by corporate strategy, succession planning, and high-stakes political influence. Inside these complex layers lies a clear picture: Fox TV, once a standalone titan, is now under the wing of a sprawling media empire, with key decisions rooted in long-term vision and external pressures. At the heart of the modern Fox TV ownership structure is **21st Century Fox**, now fully integrated into **The Walt Disney Company** following a transformative $71.3 billion acquisition completed in March 2019.

This landmark deal fundamentally reshaped the media industry, transferring iconic Fox Television properties — including the Fox Network, Fox News, and Fox Sports — into Disney’s expansive portfolio. The acquisition was approved by shareholder votes and cleared regulatory hurdles, marking a pivotal shift in control from the Fox family’s original stewardship to a global media behemoth. **Paul Stephen Raines currently oversees operations at Fox Television as President and COO**, stepping into a pivotal role amid evolving broadcast dynamics.

While Disney owns the core assets, operational leadership remains partially streamlined under licensed agreements and internal Fox management. The company operates as a semi-autonomous unit, balancing brand identity with Disney’s broader strategic imperatives.

Ownership Structure: From Fox Family Legacy to Disney Dominion

Founded by media mogul Rupert Murdoch through News Corporation in the 1980s, Fox Television emerged as a bold alternative to broadcast giants, building its reputation on entertainment innovation and politically charged news programming. For decades, the network operated with the Murdoch family’s direct influence — founding CEO Rupert Murdoch himself previously served as Chairman, shaping editorial direction and corporate culture. The critical transition occurred in 2013 when News Corporation split into two entities: News Corp (focusing on publishing) and 21st Century Fox (retaining broadcasting assets).

In 2019, Disney’s acquisition concluded a protracted integration process, formally bringing Fox Television under its wing. This shift altered governance significantly: while the Fox family retained a minority stock stake in Disney, ultimate control rests with Disney executives, with Fox’s brand existing as a cornerstone of Disney’s General Entertainment and Sports divisions. The ownership compact is formalized through cross-shareholding, board interlocks, and licensing frameworks.

Shareholders of Disney hold the majority of voting rights, while Fox’s legacy leadership retains symbolic and advisory roles. Key figures such as CEO Bob Chapek (during the acquisition period) and current Disney Field President of Entertainment and Sports, Kare Москве跟进> 610 words remaining. Please confirm if you'd like continuation or expansion in additional sections.