NewsMaster 226 Posted April 1, 2014 Share Posted April 1, 2014 Fox Television Stations announced today that it has entered into a binding agreement to purchase San Francisco's KRON from Media General for $1.5 billion. Upon consummation, Fox is expected to pull its affiliation from KTVU, its current affiliate, when its current affiliation agreement expires. Link to comment Share on other sites More sharing options...
ToriElectra 291 Posted April 2, 2014 Share Posted April 2, 2014 I'm guessing this is another prank. Did everybody suddenly get "April Fool's Fever" around here or something? Link to comment Share on other sites More sharing options...
bhratbrat 423 Posted April 2, 2014 Share Posted April 2, 2014 $1.5 billion? That is really steep. They just literally (FOX) purchased all of Media General's debt. I bet the folks in Tampa would love to have no debt when they finish the sale with LIN Link to comment Share on other sites More sharing options...
AaronQ 260 Posted April 2, 2014 Share Posted April 2, 2014 I'm guessing this is another prank. Did everybody suddenly get "April Fool's Fever" around here or something? Nah. Just a typical April's Fools Day at TVNT. Link to comment Share on other sites More sharing options...
24994J 5327 Posted April 2, 2014 Share Posted April 2, 2014 $1.5 billion? That is really steep. They just literally (FOX) purchased all of Media General's debt. I bet the folks in Tampa would love to have no debt when they finish the sale with LIN (KRON for $1.5B) = 1.71 x (8 ABC Stations for $875M) Sinclair totally made the better deal today. Link to comment Share on other sites More sharing options...
bhratbrat 423 Posted April 2, 2014 Share Posted April 2, 2014 I thought Kroger made a real exceptional deal. Now we can get ice cream and pizza with our news. Link to comment Share on other sites More sharing options...
Rusty Muck 4309 Posted April 2, 2014 Share Posted April 2, 2014 Fox Television Stations announced today that it has entered into a binding agreement to purchase San Francisco's KRON from Media General for $1.5 billion. Upon consummation, Fox is expected to pull its affiliation from KTVU, its current affiliate, when its current affiliation agreement expires. You sure Rich Lieberman didn't hack your account? Link to comment Share on other sites More sharing options...
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