FCC OKs Fox Stations Sale

By Michael Malone
( Broadcasting & Cable )
published

The FCC has signed off on the sale of eight News Corp.-owned stations, which are slated to go to Local TV LLC. The stations, all Fox affiliates, are KDVR Denver, KFCT Ft. Collins, WBRC Birmingham, WJW Cleveland, WGHP High Point (NC), WITI Milwaukee, KSTU Salt Lake City and KTVI ST. Louis.

News Corp. announced the $1.1 billion sale of the eight stations to Oak Hill Capital Partners’ TV division, Local TV LLC, in December.

 The deal is expected to close in the third quarter.

Michael Malone
Michael Malone

Michael Malone, senior content producer at B+C/Multichannel News, covers network programming, including entertainment, news and sports on broadcast, cable and streaming; and local broadcast television. He hosts the podcasts Busted Pilot, about what’s new in television, and Series Business, a chat with the creator of a new program, and writes the column “The Watchman.” He joined B+C in 2005. His journalism has also appeared in The New York Times, The Philadelphia Inquirer, Playboy and New York magazine.