Murdoch family launches a new Fox; former House Speaker Paul Ryan joins company’s board

The GOP Fox Corp marriage is now official. If America could only become a one party state officially Mussolini would be pleased. (ODT)

Rupert Murdoch’s 21st Century Fox has spun off various television assets – including the Fox News Channel and Fox broadcast network – to form a new company that will be known simply as Fox Corp.

Fox announced its board members, including former US House Speaker Paul D. Ryan, R-Wis. Other board members include Rupert Murdoch, Lachlan Murdoch, Anne Dias, Chase Carey, Roland A. Hernandez and Jacques Nasser.

The new Fox is now “a standalone, publicly traded company,” the company said. Its shares are listed on the Nasdaq market; Tuesday marks the first day of trading.

Murdoch family launches a new Fox; former House Speaker Paul Ryan joins company’s board