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Founders

Who Founded Fox Corporation?

Rupert Murdoch, Lachlan Murdoch · Founded 2019 · HQ today: New York, New York

Who founded Fox Corporation?

Fox Corporation was founded by Rupert Murdoch, Lachlan Murdoch in 2019. It is now led by Lachlan Murdoch.

Founders
Rupert Murdoch, Lachlan Murdoch
Founded
2019
Headquarters
New York, New York
Number of founders
2
Current CEO
Lachlan Murdoch (since 2019)
Where was Fox Corporation founded?
Fox Corporation was founded in New York City, New York in 2019.
When was Fox Corporation founded?
Fox Corporation was founded in 2019.
Who started Fox Corporation?
Fox Corporation was founded by Rupert Murdoch and Lachlan Murdoch.
How old is Fox Corporation?
Fox Corporation is 7 years old as of 2026.

Founding Story

The roots of Fox go back to 1985, when Rupert Murdoch's News Corp bought 20th Century Fox and Metromedia's TV stations, launching the FOX network in 1986. FOX won NFL rights in 1993 and Murdoch launched Fox News Channel with Roger Ailes in October 1996. After News Corp split in 2013, those assets sat inside 21st Century Fox until Disney's $71.3 billion purchase closed in 2019 and the news, sports and broadcast businesses were spun off as Fox Corporation.

Rupert Murdoch

Co-founder 2019

Background

Rupert Murdoch inherited an Adelaide newspaper in 1952 and built News Corp into an international newspaper and television group before entering U.S. broadcasting in 1985.

Role at Fox Corporation

Rupert Murdoch, born in 1931 in Australia, took over The News in Adelaide in 1952 and expanded into British newspapers including The Sun and The Times. He bought 20th Century Fox and Metromedia's stations in 1985, became a U.S. citizen to own American broadcast licenses, launched the FOX network in 1986 and Fox News Channel in 1996. He was Chair of Fox Corporation from its 2019 creation until November 2023, when he became Chairman Emeritus.

Education: Worcester College; Geelong Grammar School.

Lachlan Murdoch

Co-founder 2019

Background

Lachlan Murdoch held senior roles at News Corp and 21st Century Fox and chaired Australian radio group Nova Entertainment before leading Fox Corporation.

Role at Fox Corporation

Lachlan Murdoch, Rupert Murdoch's eldest son, studied at Princeton and worked in News Corp's Australian and U.S. operations before serving as co-chair of News Corp and executive chairman of 21st Century Fox. He became Executive Chair and CEO of Fox Corporation in March 2019 and sole Chair in November 2023. A September 2025 settlement among the Murdoch heirs left him in control of the family trust that holds the family's voting stake.

Lachlan Murdoch was born in 1971 in London. Education: Phillips Academy.

Fox Corporation: CEO & Leadership History

Full timeline →

Lachlan Murdoch

Executive Chair and Chief Executive Officer

2019 – Present

Focused Fox on live news, sports and ad-supported streaming while returning cash through buybacks.

Rupert Murdoch

Chair (now Chairman Emeritus)

2019 – 2023

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.

Keep researching Fox Corporation

Who Founded Fox Corporation? FAQ

Who was Rupert Murdoch and how did he enter the American television industry?

Keith Rupert Murdoch was born in Melbourne, Australia, in 1931. After expanding his family's Australian newspaper business into a UK and international publishing leader, Murdoch became a naturalized U.S. citizen in 1985 to legally acquire American television broadcast stations, founding the FOX network.

How did the acquisition of 20th Century Fox and Metromedia stations lay the foundation for Fox?

In 1985, Rupert Murdoch bought a 50% stake in 20th Century Fox film studios from oilman Marvin Davis (and full ownership shortly after) and purchased six independent Metromedia television stations in major cities (New York, Los Angeles, Chicago, Dallas, Houston, Washington) for $2 billion to create the FOX network.

Who was Roger Ailes and how did he launch Fox News Channel in 1996?

In 1996, Rupert Murdoch hired veteran political media strategist and television executive Roger Ailes as founding CEO of Fox News Channel. Under Ailes's leadership, Fox News launched on October 7, 1996, with the slogan 'Fair and Balanced', surging past CNN in ratings by 2002 to become America's dominant cable news channel.

What was the landmark 1993 NFL television contract that established the FOX network?

In December 1993, Rupert Murdoch shocked the television industry by bidding $1.58 billion over four years to win the NFC package of NFL broadcast rights away from CBS (which had held it for 38 years). The bold NFL deal instantly established FOX as a premier major broadcast network and convinced dozens of local stations to affiliate with FOX.

How did Barry Diller contribute to the early launch and programming of the FOX network?

Barry Diller served as Chairman and CEO of Fox Inc. in the mid-1980s, collaborating with Rupert Murdoch and programming head Jamie Kellner to commission irreverent, youthful programming (such as The Simpsons, COPS, and Beverly Hills 90210) that built FOX's early national audience.

How did the 2013 corporate split of News Corporation and 21st Century Fox operate?

In June 2013, Rupert Murdoch split his global empire into two separate publicly traded companies: News Corp (holding print publishing, Wall Street Journal, HarperCollins, Australian newspapers) and 21st Century Fox (holding film studios, TV networks, and cable channels), which later spun off Fox Corporation in 2019.

What lasting cultural impact did Rupert Murdoch's founding vision have on global media?

Rupert Murdoch disrupted legacy media monopolies on three continents, pioneering modern 24/7 cable news, breaking the three-network broadcast oligopoly in America, inventing the modern live sports broadcast aesthetic, and creating one of the most influential media dynasties in history.

What philanthropic and civic institutions has the Murdoch family supported?

The Murdoch family has supported extensive charitable causes in the arts, education, journalism fellowships, and pediatric health, including donations to the Memorial Sloan Kettering Cancer Center, the Museum of Modern Art, and the Paley Center for Media.

Who founded Fox?

While the 2019 corporate entity was structured by lawyers, the absolute founder of the empire is Rupert Murdoch. He aggressively entered the US market in the 1980s, creating the Fox broadcast network to fight the Big Three (ABC, CBS, NBC), and famously launched Fox News in 1996 with Roger Ailes.

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.