Associated PressNews

Sinclair to sell 7 TV stations to Fox to win regulatory OK

NEW YORK (AP) — Media company Twenty-First Century Fox has agreed to buy seven TV stations from Sinclair Broadcast Group for $910 million.

The move comes as Sinclair is selling some stations to meet regulatory approval for its pending $3.9 billion acquisition of Tribune Media. Meanwhile, Disney is pursuing a $52 billion takeover of much of Fox, though TV stations will stay with Rupert Murdoch’s family under a new Fox company.

Two of the Sinclair stations are in California, and the rest are in Colorado, Florida, Ohio, Utah and Washington.

Fox said the deal will let it compete in 19 of the top 20 markets, with a larger presence in the West.

In April, Sinclair agreed to sell nine TV stations to Standard Media Group for $442 million.

Both Sinclair deals are contingent on the acquisition of Tribune Media closing. The Fox deal is expected to close in the second half of the year.

Sinclair received widespread attention after news reports in April showed dozens of Sinclair news anchors reading an identical script expressing concern about “one-sided news stories plaguing the country.” At the time, President Donald Trump tweeted his support of the network.

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Joel Rodgers

Joel Rodgers joined RSHV News 1 in January 2018 as a reporter/journalist. Prior to joining our team, Joel spent the previous 5 years as a morning show reporter, entertainment reporter, and sports reporter for a local television station. At 6’5”, he's the tallest reporter in the history of Shreveport, but it’s more than just his height that makes this Shreveport native stand out. His editing skills combined with his love for storytelling makes for a creative and talented addition to the RSHV News 1 team. After attending and graduating from Evangel Christian Academy, he earned his Bachelor’s degree in Broadcast Journalism from Northwestern State University. Joel is very active in the Shreveport community having won several competitions in recent years. In 2017, he danced his way to victory in the annual Susan G. Komen event, “Dancing for the Cure." He’s also won the “Mudbug Madness” Crawfish eating contest in back-to-back years and was named the top celebrity chef at the “Louisiana Food Prize” cooking competition. If you have a story idea, news tip, or just want to say "hey" - you can do so by emailing Joel Rodgers at jrodgers@realshreveport.com

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