Fox Television Stations Makes Swap With Cox Media Group
Fox Television Stations and Cox Media Group have agreed on a swap involving four TV stations, the companies said on Tuesday.
The agreement has Fox getting KTVU-TV Fox 2, a Fox affiliate, and independent KICU-TV, both in the San Francisco-Bay area, in exchange for Fox owned-and-operated stations WHBQ-TV Fox 13 and WFXT-TV Fox 25, in the Memphis and Boston markets.
The San Francisco area is a National Football Conference market, so there are potentially about a dozen 49ers home games available each year because Fox maintains those sports rights.
"Our stations group will benefit from both the strong demographics of the Bay Area market as well as the alignment with our package of sports rights," said Jack Abernathy, CEO of Fox Television Stations, which is comprised of 28 stations in 18 markets.
The Memphis and Boston stations involved in the swap will remain Fox affiliates, the companies said.
Cox Media Group consists of 14 broadcast TV stations, a cable channel, 57 radio stations, eight daily newspapers and several websites.