Fox Television Stations

What Fox Television Stations does

Fox Television Stations is a business unit of Fox Corporation (NASDAQ: FOXA, FOX) that operates 29 full-power broadcast television stations across the United States, reaching 14 of the top 15 designated market areas and holding duopolies in 11 markets including the three largest — New York, Los Angeles, and Chicago. Eighteen of the stations are owned-and-operated affiliates of the FOX Network. The group collectively produces over 1,350 hours of local news per week, distributes FOX Network sports and entertainment programming (including NFL, FIFA World Cup 2026, and PWHL), and operates sub-brands such as LiveNOW from FOX and FOX Soul. Fox Television Stations was organized under Fox Corporation in March 2019 following the Disney acquisition of 21st Century Fox, though the broadcast assets trace back to the original Fox Broadcasting Company launched in 1986.

The business generates revenue across five streams: local and national advertising on owned broadcast stations; affiliate fees paid by cable and satellite MVPDs carrying FOX programming; retransmission consent fees; content licensing and syndication (including long-running shows like Extra and The Jennifer Hudson Show); and streaming distribution through Amazon FAST channels, Tubi, and the FOX One direct-to-consumer service launched within Fox Corporation. Distribution infrastructure spans 29 owned stations, 17 24/7 local FAST channels on Amazon Fire TV and Echo Show devices, and integration with FOX One and Tubi streaming platforms. The company is currently investing in next-generation production facilities (a new 4K-capable Seattle studio at the Axis9 tower opening November 2026) and has publicly committed to embedding agentic AI into local newsroom workflows.

Customers span three segments: (1) broadcast viewers and cord-cutters consuming local news, sports, and entertainment; (2) national and local advertisers buying audience reach across major DMAs; and (3) streaming and platform partners (Amazon, Tubi) plus content licensors (NFL, FIFA, PWHL, Front Office Sports). Leadership is headed by Fox Corporation CEO Lachlan K. Murdoch, with Fox Television Stations overseen by CEO Jack Abernethy and division executives including SVP of Digital Operations Jeff Zellmer and SVP of Insights and Media Measurement John Brauer.

Name

Fox Television Stations

Legal name

Fox Corporation

Website

https://foxcorporation.com

Company type

Public

Founded year

2019

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Fox Television Stations operates 29 full-power U.S. broadcast stations reaching 14 of the top 15 DMAs, producing over 1,350 hours of weekly local news and distributing FOX Network sports and entertainment to viewers, advertisers, and streaming platform partners.

Ownership category

akta.pro rank

Product category

Broadcast Television

NAICS

Television Broadcasting Stations (516120)

SIC

Television Broadcasting Stations (4833)

akta.pro primary industry

Local TV Station Groups (Owned & Operated/Station Chains) (MPABACAA)

akta.pro secondary industry

Network-Affiliated Local TV Stations (ABC/CBS/NBC/FOX/CW/Telemundo/Univision, etc.) (MPABACAE)

Keywords

• Broadcast television stations
• Local news production
• Sports content distribution
• FAST channel streaming
• Advertising sales

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices17 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Advertising Revenue: Primary revenue stream from national and local advertising sold across 29 broadcast stations reaching major U.S. markets
2. Affiliate Fees: Fees paid by cable and satellite distributors for carrying FOX network content through owned-and-operated stations
3. Streaming Distribution: Content distribution through FOX One streaming service and Tubi integration, expanding reach to cord-cutters
4. Content Licensing and Syndication: Distribution of sports, entertainment, and syndicated content including programs like 'Extra' and original programming
5. Retransmission Consent: Fees negotiated with MVPDs for the right to retransmit broadcast signals

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

Fox Television Stations operates 29 full power broadcast television stations across the United States, reaching 14 of the top 15 designated market areas with duopolies in 11 markets. The group distributes FOX Network sports, entertainment, and syndicated programming while collectively producing over 1,350 hours of local news weekly across its owned-and-operated stations.

Product overview

Fox Television Stations operates a portfolio of 29 full power broadcast television stations across major U.S. markets, functioning as a core product platform. The network distributes sports, entertainment, and syndicated content while producing over 1,350 hours of local news weekly. Adjacent products include FAST channels (LiveNOW from FOX, FOX Soul) distributed through Amazon devices, the 90-second national news brief 'FOX News Report,' and emerging AI-powered news production workflows. The portfolio also includes local programs like 'Good Day New York' and renewal properties such as 'Extra' (season 33).

Differentiator

Problem solved

Functional benefit

Brands

• LiveNOW from FOX: 24/7 local news free, ad-supported television (FAST) channel distributing local news content across Amazon devices and streaming platforms.
• FOX Soul
• Extra
• FOX News Report

Quantifiable outcome

• Over 1,350 hours of local news produced weekly across 29 stations
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability3 records

Feature3 records

Partnerships

Seven partnerships are on record, tiered core, minor and major.

• NFL (National Football League)coreStrategic or Co-development Partner · 8 June 2026Multi-year agreement to deliver NFL content to viewers in Mexico including Thursday Night Football, Sunday games, Thanksgiving, all NFC playoff games, Pro Bowl Games, and Super Bowl. FOX will produce four weekly original programs dedicated to NFL, including two fantasy football-focused shows.
• FIFA (for World Cup 2026)coreStrategic or Co-development Partner · 8 June 2026FIFA World Cup 2026 broadcast rights with FOX Sports. FOX One Chief World Cup Watchers program to engage fans during the tournament with content creation across social platforms.
• Graham Media GroupminorStrategic or Co-development Partner · 21 May 2026Joint participation in TVNewsCheck webinar discussing plans to expand and embed AI use into everyday news production workflows.
• Morgan Murphy MediaminorStrategic or Co-development Partner · 21 May 2026Joint participation in TVNewsCheck webinar discussing plans to expand and embed AI use into everyday news production workflows.
• Front Office SportsminorChannel Partner/ Reseller/ Distributor · 23 April 2026Cleared in over 85% of U.S. households across 49 of top 50 markets for daily 30-minute nationally syndicated show 'Front Office Sports Tonight' premiering September 14, 2026.
• Professional Women's Hockey League (PWHL)majorStrategic or Co-development Partner · 18 November 2025Broadcast partnership for PWHL 2025-26 season covering 120 games with 7,200 minutes of live action. Part of expansion of national over-the-air broadcast footprint in the United States alongside Paramount, Scripps Sports, Gray Media, and TEGNA.
• AmazoncoreChannel Partner/ Reseller/ Distributor · 19 April 2023Distribution partnership for 17 24/7 local FAST channels through Amazon News app on Fire TV and Alexa on Echo Show devices. Initial collaboration began March 2022 with LiveNOW from FOX and FOX Soul, expanding to all 17 markets including New York, Los Angeles, Chicago, Philadelphia, San Francisco, Phoenix, Detroit, Minneapolis, Austin, Milwaukee, and others.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Nexstar Media Group: Largest US TV station operator (~200 stations across 116 markets), including CW affiliates and major-network partners. Most direct competitor to FTS in local broadcast scale, advertising aggregation, and retransmission negotiation leverage.
• Sinclair Broadcast Group: Operates ~185 TV stations in 86 markets, plus regional sports networks. Direct competitor in local broadcast footprint, political advertising, and sports content (regional RSNs); closely comparable operating model to FTS.
• Tegna: Owns 64 TV stations in 51 US markets with strong local news focus. Comparable in local news production economics and station-level operating model, and a direct peer in the local broadcast duopoly/NBC-affiliate space.
• Gray Television: Operates 180+ TV stations across 113 markets with a focus on local news and sports rights (Big Ten, SEC, etc.). Comparable peer in mid-market broadcast operations, sports content acquisition, and digital expansion.
• E.W. Scripps Company: Operates 61 TV stations plus national networks (ION, Court TV, Scripps Sports). Comparable peer in broadcast station operations, syndicated content distribution, and emerging sports rights partnerships (PWHL, WNBA).
• Hearst Television: Privately held operator of 33 TV stations in 26 markets, with strong local news franchises. Closest private-market analog to FTS in scale, top-market presence, and ABC/NBC/CBS affiliate mix.

Broad incumbents

• CBS Stations (Paramount Global): Operates 14 CBS O&O stations including NYC, LA, Chicago. Direct network-affiliated O&O station group comparable to FTS's 18 FOX O&Os; part of broader Paramount portfolio rather than a standalone broadcaster.
• ABC Owned Television Stations (Disney): Operates 8 ABC O&O stations in major markets including NYC, LA, and Chicago. Comparable in O&O top-market footprint and news production, though integrated within Disney's broader content portfolio.

Others

• NBCUniversal Owned Television Stations: Operates 11 NBC O&O stations including top markets (NYC, LA, Chicago). Direct competitor in top DMA O&O station economics; embedded within Comcast/NBCUniversal rather than operating standalone.

Regional players

• Graham Media Group: Privately held operator of 7 TV stations in select markets. Comparable peer in local news operations and AI-driven newsroom workflow experimentation (joint TVNewsCheck webinar with FTS), though materially smaller scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/foxsports
• Instagraminstagram.com/foxone
• LinkedInlinkedin.com/company/fox-television

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries20 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fox Television Stations