FOX News is a news program that happens to follow all the cartoons and sitcoms on the FOX channel.
It was created by the Russian FSB as an April Fool joke and accidentally released on American TV. Russia quickly realized that a country that thought the cartoon and sitcom characters on FOX were real could be easily influenced by slightly altered news combined with omissions and outright lies. Using the funds accumulated from donations given to Russian front organizations like Wikipedia, PBS and Fundamentalist Christian ministries, Russia bought the FOX network but changed nothing except controlling news content. This meant the planned assassination of Seth MacFarlane on general principles was called off.
Russia now has millions of "useful idiots" and billions in revenue from commercials on FOX, most of which is reported to go for upkeep on Putin's motorcycle collection.