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CBS News, owned by the CBS Corporation, is in turn owned by National Amusements. National Amusements has an 80% voting majority and also owns the major company Viacom, the company behind Paramount Pictures, Comedy Central, MTV, Nickelodeon, BET, CMT, and VH1.
- Around four-in-ten Americans trust Fox News. Nearly the same share distrust it. Among all U.S. adults, 43% say they trust Fox News for political and election news – similar to the shares who say they trust CBS News (45%) and PBS (42%), according to a November 2019 survey.
- Republicans trust Fox News more than any other outlet. Democrats distrust it more than any other outlet. Around two-thirds of Republicans and Republican-leaning independents (65%) say they trust Fox News for political and election news.
- On an ideological scale, the average Fox News consumer is to the right of the average U.S. adult, but not as far to the right as the audiences of some other outlets.
- People who cite Fox News as their main source of political news are older and more likely to be white than U.S. adults overall. Americans ages 65 and older account for around four-in-ten of those who say their main source is Fox News (37%), compared with 21% of all adults, according to the November survey.
About 15 billionaires and six corporations own most of the U.S. media outlets. The biggest media conglomerates in America are AT&T, Comcast, The Walt Disney Company, National Amusements (which includes Viacom Inc. and CBS), News Corp and Fox Corporation (which are both owned in part by the Murdochs), Sony, and Hearst Communications.
In 2017, CBS News entered into a content-sharing agreement with BBC News, respectively replacing previous arrangements between the BBC and ABC News, and CBS and Sky News (which was partially controlled by 21st Century Fox until 2018 when ownership was then transferred to Comcast). The partnership includes the ability to share resources, footage ...
CBS News is owned by ViacomCBS, which is controlled by a private holding company, National Amusements2, and has two classes of common stock: Class A Voting Common Stock and Class B Non-Voting Common Stock (NYSE: VIACA, VIAC). CNN is a part of WarnerMedia, which is owned by AT&T Inc.3 (NYSE: T).
CBS then sold its interest in KTTV (now the West Coast flagship of the Fox network) and purchased outright Los Angeles pioneer station KTSL in 1950, renaming it KNXT (after CBS's existing Los Angeles radio property, KNX), later to become KCBS-TV.
Sep 21, 2023 · Lachlan Murdoch, Rupert Murdoch's eldest son, will become the sole chair of News Corp. and continue as executive and CEO of Fox Corp, Fox announced Thursday. Rupert Murdoch will take on his new...
