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It is owned by Fox News Media, which itself is owned by the Fox Corporation. It is the most-watched cable news network in the U.S., and as of 2023 generates approximately 70% of its parent company's pre-tax profit. The channel broadcasts primarily from studios at 1211 Avenue of the Americas in Midtown Manhattan.

Due to Gallagher living in California the show now broadcasts from Fox News' Los Angeles bureau. The show had been broadcast from Fox News' Washington D.C. bureau since its inception. In June 2023, Fox News Channel announced the show would be reverting to the 11 p.m. EST slot effective July 17.