Cleveland’s Own Fox 8 News is now part of the largest combined broadcast group and content creator in the country.
The final steps were taken Friday that allowed Tribune Company to acquire Local TV Holdings, LLC, which used to own WJW.
“This is a historic day for Tribune and Local TV,” said Peter Liguori, Tribune’s President and Chief Executive Officer. “Combining these two great media companies will deliver tremendous benefits for our viewers, advertisers, and most important, the communities we serve. This is a transformational acquisition for Tribune, providing us with significant scale to drive our business objectives and create substantial shareholder value.”
Tribune now owns 39 television stations across the country, including FOX 8.
FOX 8 and 13 of those stations are in top-20 markets.
The transaction adds representation in Cleveland, Denver, St. Louis, Kansas City, Salt Lake City and Milwaukee to the Tribune line-up.