http://www.lostremote.com/2007/06/13/news-corp-selling-9-fox-stations/ Where TV Finds the Future Sat, 06 Sep 2008 07:03:57 +0000 http://wordpress.org/?v=2.5.1 http://www.lostremote.com/2007/06/13/news-corp-selling-9-fox-stations/#comment-399654 Marcus Thu, 05 Jul 2007 11:57:18 +0000 http://www.lostremote.com/2007/06/13/news-corp-selling-9-fox-stations/#comment-399654 I'm looking at the markets where these stations are located and it leads me to wonder why FTS is getting out of the small markets. Notice that the biggest market listed is Cleveland, which I believe is either on the fringe of the top 20 or near it in TV market size. At least these sales will eliminate the FOX 13 glut (Tampa Bay, Memphis and Salt Lake City had the moniker). I’m looking at the markets where these stations are located and it leads me to wonder why FTS is getting out of the small markets. Notice that the biggest market listed is Cleveland, which I believe is either on the fringe of the top 20 or near it in TV market size. At least these sales will eliminate the FOX 13 glut (Tampa Bay, Memphis and Salt Lake City had the moniker).

]]> http://www.lostremote.com/2007/06/13/news-corp-selling-9-fox-stations/#comment-358670 Jason Thu, 14 Jun 2007 14:11:28 +0000 http://www.lostremote.com/2007/06/13/news-corp-selling-9-fox-stations/#comment-358670 It's a good time for FOX to be selling; there's a lot of private equity money paying stupid multiples for TV stations, plus we're heading into a presidential election cycle, which means big local revenues. One thing's for certain: FOX will only sell to a buyer or buyers who will retain the FOX affiliation. FOX didn't pay dearly to get V's in most of these markets only to trade them away for short-term money. It’s a good time for FOX to be selling; there’s a lot of private equity money paying stupid multiples for TV stations, plus we’re heading into a presidential election cycle, which means big local revenues. One thing’s for certain: FOX will only sell to a buyer or buyers who will retain the FOX affiliation. FOX didn’t pay dearly to get V’s in most of these markets only to trade them away for short-term money.

]]> http://www.lostremote.com/2007/06/13/news-corp-selling-9-fox-stations/#comment-357738 Don Day Thu, 14 Jun 2007 00:59:49 +0000 http://www.lostremote.com/2007/06/13/news-corp-selling-9-fox-stations/#comment-357738 It is interesting that Salt Lake City, UT will go from having two owned and operated stations (KUTV/CBS and KSTU/Fox)... to none. It is interesting that Salt Lake City, UT will go from having two owned and operated stations (KUTV/CBS and KSTU/Fox)… to none.

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