Although owned by British Sky Broadcasting, Sky News is owned by Rupert Murdoch's News Corporation via his holding in BSkyB. Murdoch said of it in March 1992, when he was the full owner:
“ Taking nothing away from CNN, which has done an outstanding job, I would point out that Sky News, the Fox [his US television network] news service and the News Corporation's combined reach - which have together over three thousand journalists spread over every continent and every country - leave us with an army of news gatherers second to none both with regard to their access to news and ability to bring news from anywhere into people's homes ”

The station's headquarters are in Osterley, West London, employing well over 50 on-screen staff (anchors, weather forecasters, correspondents and reporters) and over 600 behind-the-scenes staff. The station has eight of its own bureaus outside the United Kingdom and shares many more with other News Corporation stations.

Sky also produces a website (Sky News Online); and a Library Sales division, and bulletins for Five News.