FS1 Gets Record Overnight For NLCS Game 5 CBS/NFL Net See Sharp Drop For "TNF" CBS, NBC Seeing College Football Gains Media Notes Reds Get Equity Stake In FS Ohio In New Deal NBA, NextVR To Produce Weekly Games In VR Google OTT May Have CBS' NFL Games Capitals Launch Facebook Messenger Bot Comscore Rankings See ESPN Post Largest Margin Media Notes
CELTICS SELL OFF REMAINDER OF FOX AFFILIATE
Published October 7, 1994
Fox Broadcasting has announced that it will purchase the remaining 49% of Boston affil WFXT-TV, owned by the Boston Celtics Limited Partnership. The $80M cash purchase gives Fox full ownership of the station, which has been a Fox affiliate for the past eight years. Celtics CFO Joseph DiLorenzo said that Fox had an option last fall to purchase the Celtics 49% of the station for $45M but declined: "This was a prime piece of property" (Nutile & Krasner, BOSTON HERALD, 10/6). Celtics stock was up 2 points yesterday.