On Wednesday, Rupert Murdoch’s News Corp. announced it planned to sell nine of its Fox-affiliated TV stations, including the one in Memphis.
News Corp. is making a bid to buy Wall Street Journal publisher Dow Jones & Co. for $5 billion. The stations it is selling are in the smaller markets, including Birmingham, Alabama, and Greensboro, North Carolina.
The Memphis Fox affiliate is WHBQ-TV 13.
Earlier this year, the New York Times Co. sold nine of its stations, including Memphis station, WREG.