What are we missing? Is there a key link we skipped, or a part of the story we got wrong?
Let us know — we’re counting on you to help Encyclo get better.
Since 2002, Fox News has been the highest-rated of America’s three primary cable news networks, ahead of MSNBC and CNN. Its audience size peaked in 2009, though it remains well ahead of its competitors. It earned $534.8 million in profits in 2009, up 19 percent from the previous year, and higher than either CNN or MSNBC.
Fox was founded in 1996 by Roger Ailes (who remains its head) and Rupert Murdoch as an antidote to what they saw as the mainstream media’s ideological and political bias.
Over the past decade, Fox has increasingly moved into opinion and analysis, in addition to news and original reporting. Fox is generally understood to have a conservative political outlook, something that has brought it both praise and criticism, the latter including accusations of being a mouthpiece of the Republican Party, as well as accusations of poor journalism. It has hired numerous current politicians as news analysts.
Fox was among the 10 largest American news sites on the web as of April 2011, though its online audience is smaller than CNN’s or MSNBC’s.
In the mid-2000s, Fox’s site ranked relatively low in user interactivity, but Fox’s citizen journalism project uReport was launched in 2007 and became a partnership with News Corp.’s social network MySpace in 2009. In 2009, Fox launched the community-based political analysis site Fox Nation.
Fox News’ iPhone app was the most downloaded free iPhone news app in 2010, and it launched a free iPad app in June 2011.
Bloomberg Businessweek is a weekly business magazine founded in 1929. It had historically been named Business Week but was relaunched as Bloomberg Businessweek in 2010 after McGraw-Hill sold the magazine to Bloomberg for a reported $2 million-$5 million. Bloomberg Businessweek began facing financial uncertainty in the late 2000s as advertising revenues dropped and circulation declined. By 2009…