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Fox Corporation is a U.S. media company that produces and distributes news, sports, and entertainment via cable, broadcast, and streaming through brands like FOX News Media, FOX Sports, FOX Entertainment, FOX Television Stations, and Tubi. Its business model blends advertising, affiliate/distribution fees, and content licensing. Founded in 2019 and headquartered in Los Angeles, it owns 29 U.S. broadcast TV stations, including outlets in top DMAs that collectively produce extensive local news.