sentences:  However, Fox's parent company, News Corporation (which spun off its broadcasting properties in July 2013 into the separate 21st Century Fox), is headquartered in New York City, along with its news division.Fox-owned WNYW in New York City is considered the network's overall flagship, while sister station KTTV in Los Angeles is considered a second flagship station.1 East Coast flagships are located in the New York City designated market area (DMA), while the West Coast flagships are located in the Los Angeles area.