Changes

Fox News has dominated the ratings of other cable news outlets.<ref name=anderson>{{cite news|url=http://www.latimes.com/news/opinion/la-oe-anderson4oct04,0,2195035.story?coll=la-opinion-center|title=Fox News: Enraging Liberals for 10 Years|date=October 4, 2006|first=Brian C.|last=Anderson|work=[[Los Angeles Times]]}}</ref> Launched by media tycoon Rupert Murdoch and former political consultant Roger Ailes as a refuge for viewers fed up with real or perceived [[liberal bias]] everywhere in the so-called "[[mainstream media]]", Fox is the undisputed ratings champion of cable news.  It's been trouncing [[CNN]], [[MSNBC]] and [[CNBC]] for years, and draws a much larger audience share than all competitors, including the three major broadcast news shows, combined. It is by far the most profitable news network in the world, on track to earn more than $700 Million in 2010.<ref name=10ailes>{{cite news|url=http://www.nytimes.com/2010/01/10/business/media/10ailes.html?_r=0|title=A Fox Chief at the Pinnacle of Media and Politics|date=January 9, 2010|first1=David|last1=Carr|first2=Tim|last2=Arango|work=[[The New York Times]]}}</ref>  But the profit motive may cause some of the hostility Fox News has to the [[conservative]] positions on important social issues.

Fox News has dominated the ratings of other cable news outlets.<ref name=anderson>{{cite news|url=http://www.latimes.com/news/opinion/la-oe-anderson4oct04,0,2195035.story?coll=la-opinion-center|title=Fox News: Enraging Liberals for 10 Years|date=October 4, 2006|first=Brian C.|last=Anderson|work=[[Los Angeles Times]]}}</ref> Launched by media tycoon Rupert Murdoch and former political consultant Roger Ailes as a refuge for viewers fed up with real or perceived [[liberal bias]] everywhere in the so-called "[[mainstream media]]", Fox is the undisputed ratings champion of cable news.  It's been trouncing [[CNN]], [[MSNBC]] and [[CNBC]] for years, and draws a much larger audience share than all competitors, including the three major broadcast news shows, combined. It is by far the most profitable news network in the world, on track to earn more than $700 Million in 2010.<ref name=10ailes>{{cite news|url=http://www.nytimes.com/2010/01/10/business/media/10ailes.html?_r=0|title=A Fox Chief at the Pinnacle of Media and Politics|date=January 9, 2010|first1=David|last1=Carr|first2=Tim|last2=Arango|work=[[The New York Times]]}}</ref>  But the profit motive may cause some of the hostility Fox News has to the [[conservative]] positions on important social issues.

Indeed, for over 100 consecutive months, FNC has been the most-watched cable news channel in the country. FNC is available in more than 90 million homes. It is part of the Fox Television Stations Group, a subsidiary of [[Australia]]n-born media mogul [[Rupert Murdoch]]'s [[News Corporation]]. [[Roger Ailes]] was named Chairman of the Fox Television Stations Group on August 15, 2005.

Indeed, for over 100 consecutive months, FNC has been the most-watched cable news channel in the country. FNC is available in more than 90 million homes. It is part of the Fox Television Stations Group, a subsidiary of [[Australia]]n-born media mogul [[Rupert Murdoch]]'s [[News Corporation]]. [[Roger Ailes]] was named Chairman of the Fox Television Stations Group on August 15, 2005. Ailes resigned on July 21, 2016, following a lawsuit alleging sexual harrassment of female employees.  Rupert Murdoch is his interim replacement.<ref>{{cite web|url=http://www.huffingtonpost.com/entry/roger-ailes-resigns_us_57912e0ee4b0fc06ec5c4c8a|title=Roger Ailes Steps Down As Fox News CEO After Widespread Accusations Of Sexual Harassment|date=July 21,2016|accessdate=July 21, 2016}}</ref>

==Fair and Balanced==

==Fair and Balanced==