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FOX O&O's for sale - any update?


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Posted

Back in June, FOX announced that 9 of their O&O stations would be put up for sale. Since then, there was a brief (and inaccurate, I believe) rumor that Liberty Media was bidding on them... and nothing since.

 

Has anyone heard anything new on this story? I presume they're still for sale, and that FOX hasn't pulled them off the market, but I haven't heard anyone interested in buying them.

Posted

This is from stlmedia.net

10-09-07 Secret Squirrel spins on TV ... and this gave him a headache:

Fox 2 may be purchased by broadcast "executives" Randy Michaels and Bobby Lawrence! Attorneys and investment advisors from their company, Local TV, have been touring Fox 2 ,as well as the other 8 Fox o&o's for sale. Local TV has made a formal pitch to Fox corporate to buy the 9 stations, which include St. Louis, Denver, Cleveland, Kansas City, Milwaukee, and Memphis Fox-owned stations. Given the dynamic duo's detestible reputations, you have to wonder if anyone at Fox 2 is preparing to head for the exits.

Bobby Lawrence, you'll remember, was the guy instrumental in the sale of 50% of KTRS to the Cardinals' organization for the bargain basement price of $2million; Randy Michaels was the guiding force behind the end of radio as we knew it.

Posted

Local TV already owns the CBS station in Memphis, so I doubt they'll buy WHBQ.

 

It doesn't matter!!!! A company can own more than one station in a market!!! It is kind of weird though....

Posted

Duoplies, and Trioplies, are not that uncommon, Lin owns three tv station in Indianapolis, WISH, WIIH, and WNDY, Tribune also has multiple stations here, WXIN, and WTTV, also in Terre Haute, Nexstar has WTWO/ WFXW, so it's not that uncommon.

Posted

Duoplies, and Trioplies, are not that uncommon, Lin owns three tv station in Indianapolis, WISH, WIIH, and WNDY, Tribune also has multiple stations here, WXIN, and WTTV, also in Terre Haute, Nexstar has WTWO/ WFXW, so it's not that uncommon.

 

Another trioply is also in LA: KNBC, KWHY and KVEA. But that will likely be a duoply soon whenever NBC-Universal sells KWHY along with WKAQ in San Juan.

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