Newspaper article St Louis Post-Dispatch (MO)

Reports: Fox News Owner Joins Race to Buy Tribune Media

Newspaper article St Louis Post-Dispatch (MO)

Reports: Fox News Owner Joins Race to Buy Tribune Media

Article excerpt

NEW YORK * Fox News owner 21st Century Fox and a New York investment firm are in talks to buy TV station operator Tribune Media, according to several reports.

A successful bid would keep Sinclair Broadcast Group Inc., another TV station operator that is also reportedly pursuing the company, from snatching up Tribune.

Blackstone, a private equity firm, is said to be putting cash toward creating a joint venture, while 21st Century Fox would contribute some TV stations, according to the reports.

21st Century Fox owns and operates the Fox network, FX cable channel and 28 TV stations. Adding Tribune would give 21st Century Fox control over more local TV stations, most of them in major cities, including St. Louis, where it owns KTVI (Channel 2), a Fox affiliate, and KPLR (Channel 11), a CW affiliate. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.