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New Orleans Fox affiliate WVUE owner Tom Benson announced Wednesday that his Louisiana Media Co. reached a shared services agreement with Raycom Media that “allows the New Orleans-based television station to remain locally-owned, and expands its regional opportunities.”
This article was originally posted on nola.com
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This is an interesting use of an SSA. I’ve never heard of one where the entity providing Shared Services was not another TV station in the same market. I guess Raycom wanted to buy the station, but bought the employees instead.