No, FS1 is not owned by Fox News. Both FS1 and Fox News are distinct entities operating under the same parent company, Fox Corporation.
Understanding Fox Corporation's Structure
Fox Corporation is a major American mass media company that operates a diverse portfolio of news, sports, and entertainment assets. Instead of one entity owning another within its major divisions, they are typically structured as separate business units or subsidiaries under the umbrella of the main corporation. This corporate structure allows for specialized focus and management of different content areas while leveraging shared corporate resources.
To illustrate the corporate structure, consider the following breakdown of some key business segments within Fox Corporation:
Business Segment | Primary Focus | Key Properties |
---|---|---|
FOX Sports | Sports Programming | FS1, FS2, FOX Soccer Plus, FOX Deportes, FOXSports.com, FOX Sports App |
FOX News Media | News and Opinion | Fox News Channel, Fox Business Network, Fox Nation, FOX News Audio, FOX News Digital |
FOX Television Stations | Broadcast Television | Local broadcast television stations across the U.S. |
Tubi | Streaming Service | Free ad-supported video-on-demand (AVOD) streaming service |
FOX Sports: A Dedicated Division
As part of the broader Fox Corporation, FOX Sports functions as the dedicated sports television arm of the FOX Network. This division is responsible for a wide array of sports programming and digital properties. Specifically, FOX Sports encompasses:
- Television Channels:
- FS1 (Fox Sports 1)
- FS2 (Fox Sports 2)
- FOX Soccer Plus
- FOX Deportes
- Digital Properties:
- FOXSports.com
- The FOX Sports App, which provides live streaming video of FOX Sports content, instant scores, stats, and alerts to iOS and Android devices.
These properties are all integrated under the FOX Sports umbrella, operating independently of the news division.
Fox News Media
Separately, Fox News Media is another prominent division within Fox Corporation, primarily focused on news and current events. It includes well-known channels like the Fox News Channel and Fox Business Network, as well as digital and audio platforms. While both Fox News Media and FOX Sports are highly visible entities, they serve different audiences and operate with distinct editorial and programming objectives.
Key Takeaway
In essence, FS1 and Fox News are sister companies under the same corporate parent, Fox Corporation. They do not have a direct ownership relationship with each other, but rather share a common corporate lineage, allowing each to specialize in its respective content area – sports for FS1 and news for Fox News.
For more detailed information on Fox Corporation's business segments, you can visit their official All Businesses page.