When Disney Corporation acquired 21st Century Fox, the not acquired assets were turned into a new company. The owner of the famous FOX Corporation is Murdoch Family. It was incorporated on December 14. 2017.
It is listed on the stock exchange, and the current market price of the company’s stock is $34.54. The net profit of FOX Corporation for the year 2021 was 2.155 Billion US Dollars.
FOX Corporation Competitors and Alternatives
Who doesn’t know the famous line “Netflix and Chill .” Netflix was incorporated in 1997 as a movie rental business, then shifted to streaming service, followed by production.
It has more than 200 million subscribers globally, and it is one of the oldest companies in America, older than Google and Twitter.
Currently, it has lost 100 million subscribers and is forecasted to lose more due to changing Work from the home scenario to the regular office routine of subscribers. The stock price of Netflix is $191.40.
DAZN is a streaming service that primarily focuses on sports through Over the top (OTT) service. DAZN was first launched in Austria, followed by Germany and Japan. It set up its operations in the United States in 2018 and is now available in more than 200 countries.
As of 2022, the DAZN network is worth US Dollar 3 Billion. It provided subscription-based streaming of various sports such as UEFA EURO, AFC Under 18, EHF European Cup, etc.
3. Wall Street Journal
Who hasn’t seen the famous newspaper in the hands of traders, financial advisors, investors, and every person on the USA wall street exchanges:
The Wall Street Journal. Launched during the 1880s, Wall Street Journal is one of the largest selling newspapers, selling more than 2 million copies worldwide.
It is preferred mainly by financial resource persons due to its articles and publishing on the world’s financial news. Its 9/11 story and 2007-08 recession story are the most famous ones.
4. New York Times
The favorite newspaper of all the crisp stories and daily happenings is read every day by the New Yorkers- The New York Times.
The New York Times has won more than 35 awards and most by any newspaper company in America. Its net worth is the US $200 Million, and its stock is currently trading at 33.21 USD.
The New York Times is often criticized for its left and right propaganda reporting.
The second-largest company based on broadcasting and cable networks in America is Comcast. Founded in 1963 in America; previously known as American Cable Systems and then Comcast Holdings till 2000.
Its rating was meager, and due to past practices of violating net neutrality, it was termed “The Worst Company in America.” It was highly criticized during the mid-2000s.
Currently, the net profit of Comcast is around 14.150 Billion US Dollars.
ViacomCBS, now known as Paramount Global, was formed on December 4, 2019, by merging the second incarnation of both the Viacom and CBS Corporation.
It has many ventures under it in the form of subsidiaries such as MTV, Nickelodeon, BET, Comedy Central, and VH1. Its revenue as of 2021 is 28.59Billion US Dollars, and its stock is currently trading at 32.40 US Dollars.
7. Hearst Corporation
An American conglomerate owns various television channels, magazines, newspapers, and stations across America. It is 20% owner of the famous ESPN Network.
It was founded in the year1880 and was then passed on to his son after several years.
It reported consolidated revenue of more than 11 Billion US Dollars with a net worth of more than 20 Billion Dollars. Hearst is a publicly-traded company.
8. News Corp
The spin-off of the original News Corporation, News Corp, is now one of the reputed and well-known real estate information newspapers, publishing houses, and cable networks.
It was founded in 2013 as a second generation of the original News Corporation. It was formed with the stock split where the Fox Corporation got the rights to the original network and News Corp was incorporated as the new company.
Its net worth is around 14 Billion US Dollars, and it is currently trading at $ 17.53.
The world’s oldest and directly controlled by the royal family of the United Kingdom, the British Broadcasting Company is known to everyone.
It broadcasts in 28 languages and is network-based in more than 50 countries. It has played a significant role in British culture, from covering news in World War II to popularizing the internet in the 21st Century.
It has reported consolidated revenue of more than 5 billion Euros. BBC is also recognized for producing and broadcasting various documentaries and historical tv programs.
10. Thomas Reuters
Founded in Canada and owned by The Woodbridge Company, Thomas Reuters is a mass media conglomerate. It was founded in 1934 as the publisher of The Timmins Daily Press by Roy Thompson.
The company is divided into four segments: Legal, Tax & Accounting, Reuters News Agency, and Government.
Thomas Reuters sponsors various ventures such as the AT&T Formula team, American Public Media, etc. As of 2021, its net worth is 22.15 Billion US Dollars.
11. Meredith Corporation
With more than an 11% viewership in America and paid subscribers worth 40 million, Meredith Competition is a flamingo in the flock of birds.
Its website has more than 130 million visitors and a readership of more than 115 million in terms of articles and broadcasting. It was founded in 1902 as a mass media company and was merged with Dotdash.
It publishes more than 30 magazines and has two digital media subsidiaries and many local media houses. As of 2021, it has a net worth of US Dollars 6 Billion
Headquartered in Virginia and the owner of famous newspapers such as USA Today and Florida Times_Union, Gannett is the largest daily circulated newspaper company.
In 2013, it bought Belo Corporation for $1.5 billion. In 2015 it split into two halves, one focusing on publishing newspapers and the second concentrating on mass media and broadcasting.
As of 2021, its net worth is more than US Dollars 4 Billion.
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