Ryvicker Skeptical Of Ion-Fox Merger Report

“There is no basis” for the story in The Street that says that Fox and Ion are forming a joint venture to own and operate their combined stations, the Wells Fargo analysts says in a note to clients. “This is a complete overreaction based on no underlying research, data or factual information, in our view.”

Ion Sweetens Offer To Merge With Fox O&Os

21st Century Fox stands to gain from an elevated offer from TV station owner Ion Media Networks for a joint venture that would combine the companies’ TV stations. According to two people familiar with the talks, the potential deal would give Fox as much as 90% of the retransmission fees for its affiliated stations collected by the JV from pay-TV operators. That’s a marked increase from where talks stood during the summer, the industry sources said.

FCC Releases Station Race-Gender Stats

In the latest FCC report, 41 of the nation’s 1,386 full-power commercial TV stations are owned by racial minorities. The study also breaks out details for women, Hispanics, Asians and whites.