The Global Media Business Weekly

Fox to buy 7 TV stations from Sinclair for $910m

Broadcast-streaming. The purchase of stations in key NFL markets, such as Denver, Miami and Seattle, comes after the Murdoch family-controlled 21st Century Fox’s $52.4bn December agreement to sell the company (minus Fox News and Fox Sports) to Disney. That deal has been disrupted by Comcast’s bid for Fox’s 39% European subsidiary Sky TV. Investors expect either that Disney will bid directly for Sky (with the support of Fox) or that Disney will cede Sky to Comcast and carve it out of its bid for 21st Century Fox. Fox currently owns 28 US TV stations in 17 regional markets, including New York, Los Angeles, Chicago, Dallas, San Francisco, Washington and Houston.

Fox