Fox Corporation is a media company that produces and distributes news, sports, and entertainment programming across television networks, local broadcast stations, and streaming platforms. The company operates through cable networks such as FOX News Media and FOX Sports Networks, the FOX broadcast network serving hundreds of affiliates nationwide, 29 owned-and-operated television stations in major markets, the ad-supported streaming service Tubi, and FOX Entertainment Studios which produces content for both Fox platforms and external partners. Fox generates revenue primarily through affiliate and distribution fees paid by cable and satellite operators, advertising sales across linear and digital channels, direct-to-consumer subscriptions, content licensing and syndication, and studio services at its Los Angeles facility. The company's competitive strength rests on premium brands with leading market positions in news and sports, live programming that commands premium advertising rates and viewer loyalty, a diversified distribution footprint across traditional and digital platforms, and vertically integrated production capabilities that support its portfolio of owned networks and stations.