Many people all over the world are always on the forefront to follow what has been happening in different parts, be it about politics, business, and even about sports. Several people usually follow only one channel, which they believe that it gives them the best coverage about what they want to know. There are various channels all over the world that give coverage of various issues. Fox News is one of the channels which gives total coverage of politics and especially in the United States. It provides services to over 86 countries on different continents all over the world.
Fox News, which is officially known as Fox News Channel (FNC), originated from America. It is owned by Fox News Media and broadcasts using the English Language to enhance easy communication to all viewers. Its headquarters are located in 1211 Avenue of the Americas in New York City. Fox News has been said to be biased in matters of political view as it reports in favor of the Republican Party while being against Republican.
Fox News Channel was founded on 7th October 1966. It was formed after the need arose to have channels to compete with CBS, NBC, and ABC. It was started by Roger Ailes, who was formerly working with US Republican Party political strategist and was also the NBC executive.
At the start of the channel, more than 17 million households could watch FNC. At this time, it was concentrating on matters of crime and politics plus several other headlines. During these early stages of developing FNC, it had a great emphasis on visual presentations, and its graphics were designed in a colorful way that gained attention to its viewers.
In order to make the channel more popular and gain more viewers, Fox News used to pay systems about $11 per subscriber in order to distribute the channel. Although this was contrasting with the original agreement, it still continued to gain a lot of attention from more viewers. It was the leading news channel that was used to run the program of the 2001 attacks.
This channel had become the dominant news network in the US in the 2000s, and by 2018, it had more than 87 million households receiving Fox News, and by 2019, it had an average of 2.5 million viewers.
Fox News started broadcasting its news through the television. It would have live broadcasting of up to 15 hours per day. Having about eight studios, it is able to broadcast its news from various sources. It even started a show, Fox NFL Thursday, to broadcast about football. It also has several other programs that are broadcast through the Fox News.
It went ahead to produce Fox News Sunday and other special event coverage. This channel continued to grow, and in 2003, it introduced a radio division, Fox News Radio, which would provide radio talk shows and short newscasts. In 2006, Fox News Talk was introduced, which covered various programs and personalities.
Apart from radio and television, Fox News had introduced an online platform back in December 1995. It had two websites, Foxnews.com and Foxbusiness.com. In September 2008, The Strategy Room was introduced for live streaming aimed at older viewers having programs like a business. The Fox Nation website was launched to enhance readers to post articles while commenting on the news.
Originally, the slogan of Fox News was ‘’Fair and Balance’’, but this has been proven otherwise as it is seen as being biased in matters of politics, always reporting in favor of conservative and republican party while being negative about Democratic Party. It has had a lot of critics, and of 2016, it changed its slogan to ‘’Most Watched, Most Trusted’’.
Awards and achievements
Fox News has been associated with a lot of controversies all this time that It has been operational, but this does not mean that it hasn’t had achievements to itself. It has largely grown and can broadcast to a lot of countries all over the world. The news is also broadcast online, which started long ago in 1995 when being online was not a common thing to have.
It has continued to grow to be one of the oldest channels that we have and whose main agenda is to spread various happening rather than entertainment programs. It is a great success to have still many viewers bearing in mind that people always look at the kind of entertainment a channel is giving.
Net worth of Fox News in 2020
Fox News has been broadcasting for a long time. It must have done tremendously good for itself. It has been broadcasting in over countries all over the world, which have helped it to continue being operational. Online news has also improved its status a lot. As of July 2020, It has a net worth of $20 billion. With the rise of crises and various issues like the COVID19 Pandemic, it might even increase this amount as it will have more viewers who want to know what is happening in other different parts of the world.
Fox News is among the channels which give coverage of different countries not necessarily focusing on their own countries at large. Its main agenda is to provide what is trending and hot news about every happening in the world. In this line, many people and especially politicians and business people usually follow this channel to know the happening of other different parts and also learn something from them.