Fox News is a media company focusing on pay television news broadcasting, content production, and journalism. Founded in 1996, it is owned by the Fox Corporation and operates its primary studios in New York City. With a diverse workforce comprising 47.7% female and 41.3% ethnic minorities, the company's political inclination leans toward the Democratic Party, with 66% of employees being members.
The company's CEO, Lachlan K. Murdoch, leads a team of 22,400 employees who contribute to Fox News' success. With an annual revenue of $14.0 billion, Fox News has positioned itself as a notable player in the media landscape. However, the average employee salary at Fox News stands at $56,921 per year, noticeably lower than competitors such as HBO, CBS Sports Network, and A+E Networks. Despite this, Fox News maintains strong employee retention with an average tenure of 3.9 years.
