Fox Corporation Completes Acquisition of Seattle Duopoly and Milwaukee Stations

NEW YORK and LOS ANGELES, March 2, 2020 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) ("FOX") today announced it has completed the previously announced purchase of Seattle stations KCPQ-TV FOX 13 and KZJO-TV MyNetworkTV 22 as well as Milwaukee station WITI  FOX 6 from Nexstar Media Group (Nasdaq: NXST). With this transaction, FOX Television Stations expands its market presence to 14 of the top 15 DMAs and adds two markets that overlap with FOX's National Football League, Major League Baseball and college football broadcast packages.

Fox Corp Logo (PRNewsfoto/Twenty-First Century Fox, Inc.)

As part of the same transaction, FOX sold its duopoly in Charlotte, NC, WJZY-TV FOX 46 and WMYT-TV MyNetwork 55 to Nexstar. WJZY will remain a FOX affiliate.

About Fox Corporation

Fox Corporation produces and distributes compelling news, sports and entertainment content through its iconic domestic brands including: FOX News Media, FOX Sports, FOX Entertainment, and FOX Television Stations. These brands hold cultural significance with consumers and commercial importance for distributors and advertisers. The breadth and depth of our footprint allows us to deliver content that engages and informs audiences, develop deeper consumer relationships and create more compelling product offerings. FOX maintains an impressive track record of news, sports, and entertainment industry success that will shape our strategy to capitalize on current strengths and invest in new initiatives. For more information about Fox Corporation, please visit www.FoxCorporation.com.

(PRNewsfoto/FOX Television Stations)

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SOURCE Fox Corporation

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