Fox Corporation
Leadership History
2 leaders · 2019 to present
Lachlan Murdoch is the CEO of Fox Corporation, in the role since 2019.
| Name | Role | From | To | Years in role |
|---|---|---|---|---|
| Lachlan Murdoch | Executive Chair and Chief Executive Officer | 2019 | Present | 7 |
| Rupert Murdoch | Chair (now Chairman Emeritus) | 2019 | 2023 | 4 |
Fox Corporation is the media company the Murdoch family kept when it sold 21st Century Fox's film studio, FX, National Geographic and international assets to Disney in March 2019. The remaining business is focused on live content: FOX News Channel and FOX Business, FOX Sports and FS1, the FOX broadcast network, 29 owned-and-operated stations, and Tubi. Fox does not run a film studio; its bet is that news, sports and free streaming hold their value better than scripted entertainment. The company is headquartered in New York City, New York.
Fox earns money in three ways. Distribution fees ($8.06 billion in FY2026) are paid by cable, satellite and virtual pay-TV providers such as Charter, Comcast and YouTube TV to carry FOX News, FS1 and other cable channels, plus retransmission consent and affiliate fees tied to the FOX network. Advertising ($7.34 billion) is sold around NFL, MLB, college football, the FIFA World Cup, FOX News programming, local station newscasts and Tubi streams. Content and other revenue ($1.73 billion) comes from sports sublicensing, entertainment production and studio-lot services. By segment, Cable Network Programming produced $7.35 billion of revenue and $3.10 billion of segment EBITDA, and Television produced $9.67 billion of revenue and $1.44 billion of segment EBITDA in FY2026.
Executive Chair and Chief Executive Officer
2019 – Present
7 years (current)
Led Fox from its 2019 spin-off, bought Tubi in 2020, launched FOX One in 2025 after Venu was abandoned, and agreed to acquire Roku in 2026.
Focused Fox on live news, sports and ad-supported streaming while returning cash through buybacks.
Chair (now Chairman Emeritus)
2019 – 2023
4 years
Murdoch orchestrated the massive $71 billion sale of 21st Century Fox's entertainment assets to Disney in 2019, retaining only the highly lucrative live news and sports divisions to form the modern Fox Corporation.
As the patriarchal founder and long-time Chairman, he built a massive global media empire, completely redefining modern partisan cable news before finally stepping down in late 2023 in favor of his son, Lachlan.
Fox faces cord-cutting, sports-rights inflation, political and legal controversy, advertiser concentration around live events, and competition from Disney, Comcast, Paramount, Warner Bros. Discovery, Netflix, and digital platforms.
Rupert Murdoch is the well-known media leader who built News Corporation from a small Australian newspaper into a global media empire. In 1985, Murdoch acquired 20th Century Fox and Metromedia TV stations to launch the FOX Broadcasting Company in 1986, followed by Fox News Channel in 1996, transforming American broadcasting.
In 1986, Rupert Murdoch launched the FOX network as the first viable fourth commercial broadcast network in America, defying industry skeptics by airing edgy, culturally groundbreaking hits (The Simpsons, Married... with Children, In Living Color) and notable the industry by winning the NFL broadcast rights in 1993.
Lachlan Murdoch was appointed Executive Chair and Chief Executive Officer of Fox Corporation upon its formation in March 2019. Murdoch previously served as Executive Chairman of 21st Century Fox, Co-Chairman of News Corp, and Chairman of Nova Entertainment, with decades of global media executive experience.
CEO Lachlan Murdoch guided the creation of the standalone Fox Corporation, orchestrated the highly successful $440 million acquisition of Tubi in 2020, secured long-term multi-billion-dollar media rights with the NFL, MLB, and Big Ten, and maintained Fox News's ratings dominance.
In November 2023, at age 92, Rupert Murdoch officially retired from executive leadership, stepping down as Chairman of Fox Corporation and News Corp to become Chairman Emeritus, with Lachlan Murdoch becoming the sole Chair of Fox Corporation.
The executive team includes Chief Operating Officer John Nallen, Chief Financial Officer Steve Tomsic, Chief Legal and Policy Officer Adam Ciongoli, Fox News Media CEO Suzanne Scott, and Fox Sports CEO and Executive Producer Eric Shanks.
Lachlan Murdoch champions entrepreneurial agility, disciplined capital allocation, focus on high-margin live news and sports content, protection of free expression, and avoiding unprofitable vanity investments in subscription streaming.
In September 2025 the Murdoch heirs settled their dispute over the family trust: Prudence, Elisabeth and James Murdoch sold their interests, and a new trust controlled by Lachlan Murdoch now holds the family's voting stake in Fox and News Corp.
Lachlan Murdoch serves as CEO and Executive Chairman. In late 2023, the legendary, incredibly powerful media baron Rupert Murdoch officially stepped down as Chairman at age 92, handing total control of the massive Fox empire to his eldest son, Lachlan.
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