Fox News Channel is a highly rated United States cable and satellite news channel. It is owned by the Fox Entertainment Group and is a subsidiary of News Corporation. The network was launched in 1996 and reaches 17 million cable subscribers. Fox News presents a wide variety of programming, with up to 15 hours of live programming per day. Most of the programs are broadcast from Fox News headquarters in New York City. Its news reporting style generally caters to the more conservative population.