Are you a regular viewer of the popular news channel Fox News or come across the channel after the famous lawsuit against them? Fox News has been one of the top news channels in the states, mainly reporting on US political news and other public affairs. Also, the channel has been called out several times for its biased reporting and news coverage and is even under a defamation lawsuit today.
If you are curious about the net worth of the famous channel, then you can get all the information here. We discussed Fox News’ net worth today and presented information regarding the channel’s CEO and owner. And if you are more interested in the trial against the channel, you can learn about that too, as we have the precise information here.
|Around $16.48 billion
|Keith Rupert Murdoch
How Much Is Fox News Worth?
Fox News Today has an estimated net worth of about $16.48 billion. Fox News or FNC as it is called, is an American television channel reporting on international conservative news and political news across the states and the world. Fox Corporation owns it, and the company’s current CEO is Suzanne Scott, who got this position on May 17, 2018, and has been working since. It is a popular cable tv channel available to people in the States.
Also, read Bishop Oldes Net Worth And Income!
Fox News Defamation Trial
Dominion Voting Systems has filed a lawsuit against Fox News where they are suing the channel for giving false reports during the last American Presidential elections. Dominion is against the channel for its false claims that the voting machines of Dominion were rigged when Donald Trump lost the 2020 American presidential elections. It is a defamation lawsuit for $1.6 billion. The judge also rejected the channel’s request for the dismissal of the case.
Also, the judge even stated that the claims against Dominion were false and it is “crystal clear”. Thus, there are solid chances that the channel would have to pay the defamation amount. Although it won’t be a huge blow to the channel’s and owner’s wealth, as the company already has a net worth of about $16 billion, there can be issues related to the company’s fame, and they might have to make several changes.
Who Owns Fox News?
Fox News is owned and controlled by the Murdoch family. Keith Rupert Murdoch is a billionaire businessman and owner of several media companies, with Fox News being one of them. Fox News has been a popular news channel but has also been known for its biased reporting and news. There have been numerous controversies that the channel favors the Republican Party of America in their reporting and always reports against the Democratic Party. This can be a reason for several defamation lawsuits against the channel and the company today.
Who Is The Richest Fox News Anchor?
Sean Hannity is the richest Fox News Anchor and the highest-paid anchor on Fox News. Of his several radio shows and other appearances, he currently owns about $250 million net worth, with almost $25 million earned from Fox. He also hosts his show, The Sean Hannity Show, and is popular for hosting this radio show.
You must have understood the defamation trial filed against the channel by reading the above post. You can also learn about the net worth of Fox News and the platform owners. We have also discussed the net worth of the most popular and richest presenter on Fox News. It would be interesting to see what the trial brings for the channel, as they have another defamation lawsuit ready against them.
Mysha is from a business background and holds a related degree. She is an industry geek and loves to keep a check on every fluctuation happening in the modern tech and business industry.