http://www.mediaite.com/tv/news-cor...ney-or-you-can-forget-your-sports-local-news/
In addition to sports rights (Cablevision subscribers missed out of NFL games and the first two games of this year's World Series during a dispute with Fox), News Corp.'s (Fox's owner) president and CEO states that "local news, which is very expensive to produce, could be eliminated entirely or become less local in nature, as advertising alone can no longer cover the hefty production costs. Broadcast channels would become much less desirable, and broadcasters and the people they employ and the viewers they serve, would be irreparably harmed."
So I guess Tribune is ahead of its time, eh?
In addition to sports rights (Cablevision subscribers missed out of NFL games and the first two games of this year's World Series during a dispute with Fox), News Corp.'s (Fox's owner) president and CEO states that "local news, which is very expensive to produce, could be eliminated entirely or become less local in nature, as advertising alone can no longer cover the hefty production costs. Broadcast channels would become much less desirable, and broadcasters and the people they employ and the viewers they serve, would be irreparably harmed."
So I guess Tribune is ahead of its time, eh?