
Fox Sports is owned by Fox Corporation (NASDAQ: FOXA, FOX), a publicly traded American media company formed in March 2019 following the sale of 21st Century Fox's entertainment assets to The Walt Disney Company. Fox Sports operates as a wholly-owned division within Fox Corporation's Cable Network Programming segment, holding broadcast rights to NFL, MLB, college football, and other major sports properties. Fox Corporation is headquartered in New York City and is controlled by the Murdoch family through a dual-class share structure.
Parent Company
Founded
1994
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Fox Sports | Fox Corporation | Brand division |
Fox Sports was established in 1994 by News Corporation as a sports programming division. The division was created to acquire and broadcast major sporting events, starting with the NFL. In December 1993, News Corporation paid approximately $1.58 billion for a four-year deal to broadcast NFC games, outbidding CBS and ending that network's 38-year relationship with the NFL. This acquisition gave the Fox broadcast network immediate credibility and drove affiliate recruitment.
The NFL rights deal was followed by the acquisition of Major League Baseball broadcast rights. Fox began airing MLB games in 1996, including the All-Star Game and World Series. The network has maintained its MLB relationship continuously since then, broadcasting the World Series annually. Fox also acquired NASCAR broadcast rights in 2001, further expanding its sports portfolio.
Fox Sports launched Fox Sports 1 (FS1) on August 17, 2013, replacing the Speed Channel. FS1 was created as a national sports cable network to compete with ESPN. The launch included a major investment in studio programming, live events, and on-air talent. Fox Sports 2 (FS2) launched simultaneously, replacing Fuel TV, as a secondary sports cable channel.
When News Corporation split into two separate publicly traded companies in 2013, Fox Sports became part of 21st Century Fox. When Fox Corporation was formed in March 2019 following the Disney acquisition, Fox Sports became part of the new Fox Corporation. The sports assets were a key reason the Murdoch family retained certain properties while selling the entertainment studios to Disney.
Fox Sports secured a new NFL rights deal in 2021 as part of a broader multi-network agreement. Fox pays approximately $2.1 billion per year for NFC Sunday afternoon games through 2033. The network also renewed its MLB rights through 2028. In 2025, Fox Sports won seven Sports Emmy Awards, including honors for MLB postseason studio show coverage and the historic MLB at Rickwood Field broadcast.
What does Fox Corporation own?
Fox Corporation owns Fox News Channel, Fox Business Network, the Fox broadcast network, Fox Sports (FS1/FS2), Tubi, Fox Television Stations (28 local stations), and Fox Weather. The company does not own the 20th Century Fox film studio or FX Networks, which were sold to Disney in 2019.
Is Fox Corporation publicly traded?
Yes. Fox Corporation trades on NASDAQ under ticker symbols FOXA (Class A shares, one vote per share) and FOX (Class B shares). The Murdoch family maintains voting control through the Murdoch Family Trust, which holds approximately 39% of voting power.
What is Fox Corporation's annual revenue?
Fox Corporation reported FY2025 (ended June 30, 2025) revenue of $14.92 billion and adjusted EBITDA of $3.71 billion. Revenue is generated through cable network programming (Fox News, Fox Business, FS1/FS2) and television (Fox broadcast network, local stations, Tubi).
Who runs Fox Corporation?
Lachlan Murdoch serves as Executive Chairman and CEO of Fox Corporation. He assumed the role from his father Rupert Murdoch, who retired in September 2023 after more than six decades leading the family's media empire.
What was the Dominion settlement?
In April 2023, Fox Corporation settled a defamation lawsuit filed by Dominion Voting Systems for $787.5 million. Dominion alleged that Fox News knowingly broadcast false claims about Dominion's voting machines following the 2020 presidential election. The settlement was one of the largest defamation settlements in U.S. media history.
What is Tubi?
Tubi is a free ad-supported streaming television (FAST) service acquired by Fox Corporation in 2020 for approximately $440 million. Tubi offers over 200,000 movies and TV episodes at no cost to viewers, generating revenue through advertising. It is the largest FAST service in the United States by viewing hours, with annual revenue exceeding $1 billion.
Fox Sports operates within Fox Corporation's corporate responsibility framework. Fox Corporation has set goals to reduce Scope 1 and 2 emissions and reports environmental data in its annual CSR reports. The company's 2024 Corporate Social Responsibility Report covers the fiscal year ending June 30, 2024, and includes Scope 1, Scope 2, and Scope 3 greenhouse gas emissions data verified by independent third parties.
Fox Sports implements energy-efficient technologies in its studio facilities and production operations. The network's remote production crews use mobile production units that have been upgraded with energy-efficient equipment. Fox Corporation's broader sustainability strategy covers environmental impact across media production and distribution, including the carbon footprint of remote sports broadcasts.
Fox Corporation has not been certified as a B Corporation. The company has not obtained independent environmental certifications for its broadcasting operations. The sustainabilityFlags frontmatter field is empty because no independently verified certifications from the allowed list have been confirmed for the brand. Fox Corporation's sustainability commitments are self-reported in its CSR reports.
Fox Sports has received recognition for its sports broadcasting production and coverage. Notable awards include:
Sports Emmy Awards (2025): Fox Sports won seven Sports Emmy Awards in 2025, including honors for MLB postseason studio show coverage and the historic MLB at Rickwood Field broadcast. These awards recognize outstanding achievement in sports television coverage and are awarded by the National Academy of Television Arts and Sciences.
Outstanding Personality Recognition (2025): Fox Sports broadcaster Joe Davis received the first-ever Outstanding Personality Play-By-Play Emmy Award, recognizing his work in sports commentary and play-by-play broadcasting. This individual achievement highlights Fox Sports's investment in talent development.
Lifetime Achievement Honors: Fox Sports founding president David Hill received Lifetime Achievement honors from the Sports Emmy Awards, recognizing his contributions to sports broadcasting throughout his career. Hill played a key role in establishing Fox Sports as a major sports broadcaster and innovating sports television production.
Super Bowl Viewership Records: Super Bowl LIX, broadcast on Fox in February 2025, drew approximately 127.7 million viewers across Fox's broadcast and streaming platforms. This was a record for a Fox-broadcast Super Bowl and one of the most-watched television events in U.S. history.
World Baseball Classic Viewership: Fox Sports set all-time World Baseball Classic viewership records with the Mexico-USA game, demonstrating the network's ability to capture large audiences for international sporting events.
Fox Sports has faced several controversies and legal challenges related to broadcasting rights, talent conduct, and the broader pressures of the sports media market.
Trademark Infringement Lawsuit (2025): Fox Corporation filed a trademark infringement lawsuit against Fox Sports Mexico in August 2025, alleging unauthorized use of the Fox Sports brand and trademarks. The legal action highlights Fox Corporation's efforts to protect its intellectual property rights in international markets.
Skip Bayless Sexual Misconduct Lawsuit (2025): Fox Sports settled a sexual misconduct lawsuit involving hairstylist claims against Skip Bayless and other Fox Sports personalities in 2025. The lawsuit alleged misconduct by Bayless and created reputational challenges for the network. Fox Sports addressed the matter through a settlement and workplace conduct policy reviews.
Sports Broadcasting Rights Cost Pressures: Fox Sports faces ongoing financial pressure from escalating sports broadcasting rights costs. The network's NFL rights cost approximately $2.1 billion per year through 2033, and its MLB rights were renewed through 2028. These rights represent both Fox Sports's greatest competitive advantage and its most significant expense item, creating pressure to generate sufficient advertising revenue to cover costs.
Cord-Cutting and Digital Transition: Fox Sports faces structural challenges from declining cable subscriptions, which reduces the audience base for FS1 and FS2. The network has invested in digital distribution, including the Fox Sports app and Tubi, but the transition from traditional broadcasting to digital streaming creates business model challenges.
Regional Sports Network Issues: Fox Sports previously operated a portfolio of regional sports networks (RSNs) that were sold to Sinclair Broadcast Group in 2019 as part of the Disney acquisition. The subsequent collapse of the RSN business model, including the bankruptcy of Diamond Sports Group (Bally Sports), has created uncertainty in the regional sports broadcasting market that indirectly affects Fox Sports's national sports rights strategy.
Content and Commentary Controversies: Fox Sports has occasionally faced criticism regarding programming decisions, commentary content, and coverage choices. The network must balance editorial independence with viewer expectations while maintaining relationships with sports leagues and partners.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Fox | USA | 2007 | Mass market | United states | All-ages | |
| Warner Bros Discovery | United States | 2001 | Niche | North america | All-ages | |
| Disney | CA (West Coast) | 1943 | Mass market | United states | All-ages | |
| Comcast | United States | 1980 | Mass market | United states | All Genders | |
| Paramount Global | USA | 1927 | Mass market | United states | All Genders | |
| Nine Entertainment | Australia | 1956 | Mass market | Australia | All-ages |
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Market Positioning: Fox Sports competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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