The Fox Broadcasting Company, usually referred to as just Fox (the company itself prefers the capitalized version FOX), is a television network in the United States. It is owned by Fox Entertainment Group, part of Rupert Murdoch's News Corporation. Since its launch on October 9, 1986, FOX has grown from an upstart "netlet" to the highest-rated broadcast network among younger viewers.
The Fox name has been used on other entertainment channels internationally that are affiliated with News Corp., including in Italy, Spain, Portugal, South America, and Australia (FOX8), although these do not necessarily air the same programming as the U.S. network.
History
Launch
The groundwork for the launch of the Fox network began in
March 1985 with News Corporation's
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*250 million purchase of 50% of
TCF Holdings, the parent company of the
20th Century Fox movie studio. Six months later, in
September, Murdoch agreed to pay $325 million to acquire the rest of the studio. In
May 1985, News Corp agreed to pay $1.55 billion to acquire independent television stations in six major U.S. media markets from
John Kluge's company,
Metromedia--
KTTV in
Los Angeles,
WFLD in
Chicago, KRLD in
Dallas (which was renamed
KDAF),
KRIV in
Houston, WNEW in
New York (which was renamed
WNYW) and
WTTG in
Washington, D.C. These first six stations, broadcasting to 22 percent of the nation's households, became known as the
Fox Television Stations Group. Except for KDAF (which was sold to
Tribune in
1995 and joined
The WB after Fox affiliated with, then later bought
VHF station
KDFW), all of these stations are still part of Fox today.
Clarke Ingram, who maintains a memorial website to the failed
DuMont Television Network, has suggested that Fox is a revival of DuMont, since Metromedia was a successor to the DuMont corporation and the Metromedia TV stations formed the nucleus of the Fox network.
* Indeed, WNYW (then known as WABD) and WTTG were the key stations in the DuMont network.
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