It’s going to take a bit of time. Please bear with me through the process.

🔺 Publicly traded

🔺💲 Publicly traded but mostly privately owned

💲 Privately owned

🔷 Non for profit and/or trust ran by board of directors (Note: I suggest taking a long look at who the board of directors are, especially AP and NPR)

There are a lot of Brits running a lot of American (or thought to be American) media groups, I’m going to include quite a few British publications. There is also an American on the BBC board.

  • pelespiritOPMEnglish
    3·
    5 months ago

    💲 FOX News

    (not a real news source but the most watched news on cable so it should be here)

    ◾ Owned by The Murdoch Family

    it was formed on March 19, 2019 as the portion of 21st Century Fox not acquired by The Walt Disney Company on March 20, 2019. The company is controlled by the Murdoch family via a family trust with 39.6% ownership share, and by Rupert Murdoch himself to the effect of almost 40%.

    McKnight (2010) identifies four characteristics of his media operations: free market ideology; unified positions on matters of public policy; global editorial meetings; and opposition to liberal bias in other public media.

    Source

    ◾ Rupert Murdoch is chair, while his son Lachlan Murdoch is executive chair and CEO.

    Murdoch made his first acquisition in the United States in 1973, when he purchased the San Antonio Express-News. In 1974, Murdoch moved to New York City, to expand into the US market; however, he retained interests in Australia and Britain. Soon afterwards, he founded Star, a supermarket tabloid, and in 1976, he purchased the New York Post. On 4 September 1985, Murdoch became a naturalized citizen to satisfy the legal requirement that only US citizens were permitted to own US television stations.

    According to The New York Times, Ronald Reagan’s campaign team credited Murdoch and the Post for his victory in New York in the 1980 United States presidential election. Reagan later “waived a prohibition against owning a television station and a newspaper in the same market,” allowing Murdoch to continue to control The New York Post and The Boston Herald while expanding into television. In September 2021, Fox Corporation acquired TMZ from WarnerMedia in a deal worth about $50 million with TMZ being operated under the Fox Entertainment division

    In March 2014, Murdoch was appointed as non-executive co-chairman of News Corp. and 21st Century Fox Inc. in a move that was seen as succession planning for the media empire.[41][42][43][44][45][46] Murdoch stood aside as chairman and a Director of Ten Network Holdings.[47] In June 2015 he was named as Executive Chairman of 21st Century Fox.

    In 2021, Lachlan Murdoch and his father Rupert were the defendants in a $1.6 billion lawsuit, filed by voting machine maker Dominion Voting Systems, for knowingly and maliciously spreading false accusations that Dominion committed election fraud. Dominion claimed, in the aftermath of Donald Trump’s loss of the 2020 presidential election, that Fox News began to lose viewership, and was negatively impacted, as President Trump criticised Fox News and bolstered competitors that would spread his accusations of fraud. Dominion continued that, under the direction of Lachlan Murdoch, Fox News then made unsubstantiated accusations of fraud against Dominion, and intentionally invited guests that Fox News’ hosts knew were making false and defamatory statements, while the hosts endorsed, repeated, and amplified statements they knew to be defamatory and false.

    Source Source 2