21st Century Fox Inc. is nearing a deal with Sinclair Broadcast Group Inc. to acquire at least six TV stations, according to Variety, citing an unnamed source.
The deal reportedly involves Tribune Media Co.-owned Fox (US) affiliates in five markets — Seattle; Denver; Salt Lake City; Sacramento, Calif.; and Cleveland — as well as Tribune's The CW (US) affiliate serving Miami. The source told Variety that negotiations are ongoing and the deal may include additional stations. The agreement would be contingent upon the closing of Sinclair's acquisition of Tribune.
Also part of the deal is long-term Fox Broadcasting Co. affiliation agreements for dozens of other Sinclair TV stations that are Fox affiliates.
Earlier this week, Sinclair revealed plans to divest TV stations in Chicago, New York and San Diego to comply with the Federal Communications Commission's national TV ownership cap as it seeks regulatory approval to buy Tribune.
Sinclair said it has reached sale agreements with undisclosed buyers for WGN-TV, an independent station in Chicago, and WPIX-TV, a The CW (US) affiliate in New York, and intends to sell Tribune station KSWB, a Fox affiliate in San Diego.