21st Century Fox Finalizing Deal With Sinclair to Acquire Six TV Stations
variety | February 22, 2018
21st Century Fox is closing in on an agreement with Sinclair Broadcast Group to buy at least six TV stations, a transaction that stems from Sinclair’s pending $3.9 billion acquisition of Tribune Media.The deal is understood to encompass Tribune-owned Fox affiliates in five markets — Seattle, Denver, Salt Lake City, Sacramento, and Cleveland — and Tribune’s CW affiliate that serves the Miami market. The pact also ensures the Sinclair will lock in long-term Fox Broadcasting Co. affiliation deals for dozens of other stations it owns that are currently Fox affiliates.