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Fox, Viacom eye major station swap - Broadcasting & Cable

Fox, Viacom eye major station swap

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Look for a major TV station swap between Fox and Viacom as early as this week.

Sources say the two companies hope to sign and announce an agreement then
that will give Viacom a duopoly in San Francisco, with its existing KPIX(TV) CBS
affiliate and UPN affiliate KBHK(TV) that Fox picks up along with Chris-Craft.

Viacom could also end up with a duopoly in Baltimore, where both companies own
stations.

Fox is looking for duopolies in at least two other markets. Fox is eyeing
some combination of the following Viacom properties: WDCA(TV) Washington;
WUPA(TV) Atlanta, KTXH(TV) Houston and WTOG(TV) Tampa, Fla. Fox already has a
station in each of those markets and owns outright regional sports networks in
Atlanta and Houston. It has an equity stake in a Tampa regional sports network
and an affiliated regional network in Washington.

One source cautioned, however,
that it could take two weeks to finalize all the details of the pending
swaps. -- Suzanne Ault

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