Fox News (officially known as the Fox News Channel) is an American basic cable and satellite news television channel owned by the Fox Entertainment Group, a subsidiary of 21st Century Fox. It launched on October 7, 1996, to 17 million cable subscribers. Fox News grew during the late 1990s and 2000s to become a dominant cable news network in the United States. Rupert Murdoch is the current chairman and acting CEO of Fox News.
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