Fox is considering selling off TV stations that it owns outside the top 25 markets to cut down overhead and simplify operations. The move would also allow Fox to move farther back from the current 39% ownership caps, allowing the company to expand in the larger markets down the line.
Here is a link to the "Broadcasting & Cable" story about Fox's possible strategy:
http://www.broadcastingcable.com/article/CA6257847.html?display=John+Higgins&referral=SUPP
Here is a link to the "Broadcasting & Cable" story about Fox's possible strategy:
http://www.broadcastingcable.com/article/CA6257847.html?display=John+Higgins&referral=SUPP