Fox and New World completes acquisition
Fox Television Stations Inc. had completed the acquisition of New World Communications. This would mean the fourteen New World stations to join the 48 Fox owned and operated stations to made them a total of 62. New World owns and operates WVTM-TV in Birmingham, KSAZ-TV in Phoenix, WTVT in Tampa/St. Petersburg, WTTV-TV in Indianapolis, WDAF-TV in Kansas City, KTVI in St. Louis, KTVU in San Francisco/Oakland/San Jose, WJW-TV in Cleveland and KTBC-TV in Austin, while Fox and New World involved in a joint venture that owns WCAU in Philadelphia, KDFW in Dallas/Fort Worth, WAGA-TV in Atlanta, WJBK-TV in Detroit and WITI-TV in Milwaukee.
Although New World maintains news programming, many of the stations were news intensive. WTTV only switched from a general entertainment/bare-bones format the indie stations directly to a news intensive format that New World's Fox stations had.
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NBC completes Palmer takeover
NBC announced that they would complete the $550 million offer to purchase KFOR-TV in Oklahoma City, and WHO-TV in Des Moines, so this would met down the FCC's new 218-station limit, and 100% of the national market reach.
The $550 million offer beat out an initial price bid from The New York Times Company.
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WHME-TV to expand news coverage
The ABC owned-and-operated South Bend station WHME-TV is expanding their relationship with their news team. The previous ABC affiliate WSJV-TV switches to Fox on April 28, 1995, while WHME-TV switches to ABC on April 28, 1995, and it will be owned by Hearst from September 1995 to February 1996, when it was switched to ABC.
It could expand their coverage of their successful news operation.
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NBC to buy the rest of KUTV
NBC announced negotiations to buy 12% of KUTV of Salt Lake City it did not own, making KUTV to became a fully owned-and-operated station. NBC O&O president said that they would gave them access to the 2002 Winter Olympics in Salt Lake.
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Time Warner to buy several stations
Time Warner announced negotiations to purchase Channel 32, Inc., controlled by Victor Ives, and owned Portland's WB's affiliate KRCW-TV. It also has negotiations to purchase Crossville TV, LP., who owns WINT-TV, which will became a WB owned-and-operated station.
With that change, Tribune Broadcasting will merge with Turner Broadcasting System to form "The WB Television Stations", and Turner's entertainment assets (TBS, TNT, Cartoon Network, Turner Classic Movies, the Hanna-Barbera cartoon studio, Castle Rock Entertainment) will move to Warner Bros., while New Line Cinema will merge its distribution operations with Warner Bros. Pictures. The WB Television Stations owns and operates CNN, Headline News, and several of the top affiliates associated with The WB.