Tribune buys Local TV LLC for $2.7 billion

    Tribune adds stations from Cleveland, Milwaukee, and Memphis to its stable About a year or so ago, there was speculation on whether or not Tribune Broadcasting, planning to exit Chapter 11, would stay in the broadcast business. Consider this a definite answer. Chicago-based Tribune announced Monday it was acquiring Newport, Ky.-based Local TV LLC for $2.7 billion. The […]

T Dog’s Grab Bag: “Futurama” to end run

Plus: North Carolina media news, Glee is renewed, and somehow Jim Laski gets back on the air – Unlike the fate of The Cleveland Show, this cancellation is confirmed: Comedy Central announced the end of Futurama after seven seasons. The animated comedy from Simpsons creator Matt Greoning ran on Fox from 1999-2003 for 72 episodes, and was picked up by […]

Fox buys Charlotte combo; boots WCCB out the door

Fox Television Stations, owners of WFLD and WPWR here in Chicago, has announced an intention to purchase Capitol Broadcasting’s WJZY (CW) and WMYT (My Network TV). The sale likely ends Fox’s relationship with Bahakel Communications’ WCCB-TV after 26 years.  The deal of course, is contingent on FCC approval. Fox would likely land on WJZY, the strongest of the duopoly, meaning […]

More NATPE News

– Twentieth Television has renewed The Morning Show with Mike & Juliet for a second season the Fox O&O’s, including WFLD-TV in Chicago. The program has done on many stations, especially in southern markets such as Birmingham (WBRC) and Greensboro, N.C. (WGHP). Other pickups include San Francisco (KTVU), Seattle (KCPQ-TV), and Portland, Ore. (KPTV). – Mighty Oak’s Whacked Out Sports […]

Fox sells eight TV stations to Oak Hill

News Corp. had made good on its promise to sell eight of its Fox TV stations, and it did to the newly-formed Local TV group headed by private equity firm Oak Hill Partners for $1.1 billion. The proceeds from the sale gives News Corp. the cash it needs to purchase the Wall Street Journal. In a separate development, Tribune and […]

Fox to sell nine stations

News Corp. has announced it will sell nine of its Fox owned-and-operated stations in these markets: Cleveland (WJW), Denver (KDVR), St. Louis (KTVI), Kansas City (WDAF), Milwaukee (WITI), Salt Lake City (KSTU), Birmingham (WBRC), Memphis (WHBQ), and Greensboro-Winston-Salem-High Point (WGHP). This is part of a trend in which major networks are selling their O&Os in smaller markets. CBS and NBC […]