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 […]

Local station roundup

Let’s see what’s going on in local markets around the country: -According to Nielsen, KETC-TV in St. Louis was the nation’s highest-rated public TV station in October, even outperforming WTTW in Chicago. The station’s total-day ratings were up 8 percent from a year ago and up 39 percent in primetime. It’s same to assume that this station outdraws Sinclair’s weak-kneed […]

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 […]

Sweeping up

We’re back, and we’re sweeping up from the recent February ratings period in local markets (All ratings are measured by Nielsen): New York: WABC-TV dominated the ratings and in all local news time periods as usual, but it was WCBS-TV that surged to second place overall. A bad book for WNBC-TV, which fell to third, but it was an even […]