• kautau@lemmy.world
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    2 months ago

    Fox News is owned by the fox corporation. You’re correct, they don’t have majority ownership but

    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%.

    It’s a pretty big portion of that big old shareholder vote

    https://en.wikipedia.org/wiki/Fox_Corporation