Four news brands, two companies and a shared voting shareholder

Fox News, Fox Business, The Wall Street Journal and the New York Post operate under two public companies with a shared major shareholder. Their fiscal-2026 annual reports and September 2026 proxy statements identify the ownership and voting arrangements.

Fox News and Fox Business sit within FOX News Media, part of Fox Corporation’s Cable Network Programming segment. Fox Corporation’s annual report lists both networks and their related properties.

The Wall Street Journal belongs to News Corp’s Dow Jones business. The New York Post sits in News Corp’s News Media segment, with NYP Holdings identified as its publisher. News Corp and Fox Corporation are separate public companies.

LGC Holdco links the two companies. Both proxy statements describe it as owned equally by trusts associated with Lachlan, Grace and Chloe Murdoch.

Fox’s September proxy reports that LGC Holdco held 85,372,810 Class B shares, or 38.76 percent of that class. The table uses the Class B shares outstanding on September 14, 2026, and draws the holding from a June 16 ownership filing.

News Corp’s September proxy reports 62,584,577 LGC-held Class B shares, or 34.8 percent of that class. The table uses shares outstanding on August 28, 2026; its footnote dates the holding to September 10, 2025.

Class B generally carries one vote per share at both companies; Class A votes in limited circumstances. Both companies warn that concentrated voting power can help advance proposals LGC supports, impede proposals it opposes and discourage acquisition bids.

The proxies identify Cruden 2 as LGC Holdco’s sole manager. Subject to limited exceptions, a Cruden 2 managing director whom Lachlan Murdoch can appoint and replace decides how to vote and dispose of these company shares. Both filings also record his disclaimer of beneficial ownership of the LGC-held shares.

Other LGC decisions follow a different arrangement. In their loan-collateral disclosures, both companies say Lachlan’s appointed director holds one of three votes on most LGC decisions and state that Lachlan does not control LGC generally.