Fox News is owned by the fox corporation. You’re correct, they don’t have majority ownership but
The company is controlled by the Murdoch family via a family trust with 39.6% ownership share, and by Rupert Murdoch himself to the effect of almost 40%.
It’s a pretty big portion of that big old shareholder vote
The Murdochs don’t own Fox News / NewsCorp. They have control over it, but don’t own it.
Fox News is owned by the fox corporation. You’re correct, they don’t have majority ownership but
It’s a pretty big portion of that big old shareholder vote
https://en.wikipedia.org/wiki/Fox_Corporation
Fox News is run by his equally terrible son, Lachlan