CNN is owned by Turner Broadcasting which is owned by Time Warner.
They also own HBO and Warner Brothers.
Fox News is under 21st Century Fox (renamed from News Corp) and controlled by Rupert Murdoch.
They also own Sky News and National Geographic Partners.
Who is CNN owned by?
Is Fox News owned by Rupert Murdoch?
On 1 July 2015, Murdoch left his post as CEO of 21st Century Fox. However, Murdoch and his family would continue to own both 21st Century Fox (until 2019) and News Corp through the Murdoch Family Trust.
Is Fox News owned by Disney?
Now that Fox Corp. has sold off most of its entertainment properties, it has become a standalone company that will retain ownership of its broadcast network, owned-and-operated network affiliates, the Fox News Channel, Fox Business Network and Fox Sports.