Dierdorf Joins Michigan Booth For Football MWC Schools Increase Nat'l TV Exposure Final Ratings: NHL Playoffs, "Arnie" Media Notes Lakers RSN Ratings Reach New Low ESPN To Air Klitschko Title Bout Fox' Jay Glazer Details Recent Illness Colts To Launch On-Demand Video App Media Notes Bruins, Celtics Headed In Opposite Directions
Upcoming Conferences and Events
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.