Fox News

The Fox News Channel, often referred to as Fox News, is an American multinational conservative news and political commentary television channel and website based in New York City. Owned by the Fox News Media subsidiary of Fox Corporation, it is the most-watched cable news network in the United States, and as of 2023 it generates approximately 70% of its parent company's pre-tax profit. The channel broadcasts primarily from studios at 1211 Avenue of the Americas in Midtown Manhattan. Fox News provides service to 86 countries and territories, with international broadcasts featuring Fox Extra segments during advertising breaks. The channel was created by Australian-born American media mogul Rupert Murdoch in 1996 to appeal to a conservative audience, hiring former Republican media consultant and CNBC executive Roger Ailes as its founding CEO. It launched on October 7, 1996 to 17 million cable subscribers. Fox News grew during the late 1990s and 2000s to become the dominant United States cable news subscription network. By September 2018, 87 million U.S. households could receive Fox News. In 2019, it was the top-rated cable network, averaging 2.5 million viewers in prime time.