# Fox Corporation
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Who / What
Fox Corporation is an American multinational mass media company specializing in television broadcasting, news, sports, and entertainment. It was established as a spin-off from 21st Century Fox’s core assets after the latter’s dissolution.
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Background & History
Founded in 1986 by Rupert Murdoch (then of News Corporation), Fox Corporation initially operated under the name **Fox Entertainment Group**. The company expanded rapidly through acquisitions, including the purchase of Fox Family Channel and later Fox Sports. In 2019, it was formally spun off from 21st Century Fox following its dissolution, retaining key assets such as Fox Broadcasting Company, FX Networks, and the Fox News Channel.
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Why Notable
Fox Corporation holds significant influence in global media, shaping entertainment, news, and sports coverage. Its brands like *The Fox Network*, *FX*, and *Fox Sports* are household names, while its news division (*Fox News*) remains a major political commentator. The company’s strategic acquisitions and content production have cemented its role as a dominant force in the industry.
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In the News
As of recent developments, Fox Corporation continues to navigate industry shifts, including digital transformation and competitive pressures from streaming platforms like Netflix and Disney+. Its 2019 spin-off from 21st Century Fox marked a pivotal moment, allowing it to focus on its core media assets while adapting to evolving consumer habits.
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Key Facts
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