News Corporation selling some FOX-affiliated stations

Here's the list:

- WJW in Cleveland, OH
- KDVR in Denver, CO
- KTVI in St. Louis, MO
- WDAF in Kansas City, KS
- WITI in Milwaukee, WI
- KSTU in Salt Lake City, UT
- WBRC in Birmingham, AL
- WHBQ in Memphis, TN
- WGHP in Greensboro, NC

http://www.newscorp.com/news/news_339.html

Cleveland's station is in the largest market of the group, ranked 17th. Speculation is that money from the sales of the stations will go toward Rupert Murdoch's bid for Dow Jones.

 

Between that and their sale of DirecTV to Liberty Media, should be pretty close.

 

Rupert has been doing belt-tightening everywhere lately.

 

And they've also sold 3 of their regional sports networks
(Pittsburgh, Rocky Mountain and Northwest).

 

Man, it seems like these guys get sold every five years or so.

 

yeah, but BRC is one of their stronger O&O's

 

What will this mean for the news stations that are sold? My current job partners with Fox in Memphis sometimes.

 

AND they're selling Boston/New England to Comcast, too, as I was reading sometime weeks back, so there's probably more on that list.

 

They only sold a 50 percent stake in FSN New England to Comcast, since Comcast already owned 50 percent. Comcast also bought a controlling share in FSN Bay Area, where it owns CSN Bay Area.

Who is buying Pittsburgh, Rocky Mountain and Northwest? Comcast might seem a logical buyer in the Northwest, since they're launching their own Portland-based network. And it has almost exclusivity to the franchises in the immediate Pittsburgh area.

 

What is O&O's?

 

A network's Owned and Operated station.