In a history-making deal that may demonstrate the appeal of sports over more traditional programming, the Fox Network on Monday announced plans to abscond with a dozen stations currently affiliated with its rivals at the Big Three networks.
CBS bore the brunt of the loss, surrendering eight affiliates in what was called the largest defection ever from one network to another. With the network not saying how it plans to replace the affiliates, however, Wall Street hammered its stock. Some analysts see a trend in smaller stations abandoning their network programming providers in favor of the more lucrative opportunities offered by upstarts such as Fox. The station switch gives the Fox Network a much larger potential audience, and is expected to boost its ratings.
It is part of a broad-based working alliance between Fox Inc. Sinclair owns and operates, programs or provides sales services to television stations in 77 markets, after pending transactions. Sinclair's television group reaches approximately Examples of the efforts made by stations in this employment unit include an ongoing internship program with regional colleges and high schools.
Our department managers attend job fairs at local and regional colleges in an effort to recruit candidates with an interest in a broadcast related field. We have also had numerous local schools come to our station for tours, and our news staff has gone directly to schools to speak to them about careers in Broadcasting. In addition, our station participates in high school career workshops that introduce broadcasting careers to high school and middle school students. All are CBS affiliates, as are three other stations mentioned in the agreement.
For Fox, the stronger signal of VHF is a key to the transaction, but nearly as important is the stations' position on the television dial-among the low channel numbers, where ABC, CBS and NBC claim about 60 percent of the nation's television viewers. The venture comes five months after Murdoch stunned the television establishment by winning the rights to broadcast National Football Conference games, long the domain of CBS, beginning in the fall.
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