Fox will acquire its Denver broadcast television affiliate KDVR from Tribune Media Co. in a seven-station, $910 million deal meant to help clear the way for the larger Sinclair Broadcast Group and Tribune Co. merger.
The transaction, announced Wednesday, will expand Fox Television Stations’coverage to nearly half of all U.S. households and increase its market presence to 19 of the top 20 markets, including key NFL markets such as Seattle, Miami and Denver.
Other markets covered by the deal include Cleveland, San Diego and Salt Lake City.
"With this acquisition, we will now compete in 19 of the top 20 markets and have a significantly larger presence in the West,” said Fox Television Stations CEO Jack Abernethy in a statement. “This expansion will further enrich our valuable alignments with the NFL, including our new Thursday Night Football rights, MLB and college sports assets."
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