Friday, May 19, 2017

FOX 31--KDVR & Colorado's Own Channel 2--KWGN sold to Sinclair Broadcasting.

I Was on vacation when this transaction happened, so here we go: KWGN-Channel 2 Colorado's 1st TV station & KDVR-FOX 31 a former FOX O&O were sold by Tribune broadcasting to Sinclair for $3.9 Billion. Sinclair is already one of the largest broadcasters in the country.  Before this transaction Sinclair was already one of the largest owners of Fox affiliates in the U.S.

(Note there is video in this article)
H/T: https://www.bloomberg.com/news/articles/2017-05-07/sinclair-said-close-to-buying-tribune-for-about-45-a-share 


Image result for fox 31 logo 

Image result for kwgn logo

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