User blog:Kruejac/Krueger to exit broadcasting, New World Communications to sell all stations to Fox for $825 million

Late Friday night, Krueger Broadcasting CEO kruejac announced that Krueger Broadcasting will exit broadcasting by selling Outlet Company and it's ABC stations, and also making Group W it's own company. The biggest part is that New World Communications will be selling their TV stations to Fox Television Stations for $825 million. " I've loved being CEO of my company, but after a whole year of owning my own stations, I want to do something new that will change the fictionaltvstations wikia. " In real-life, there seem to be a lot more affiliation switches these days, such as WRAL switching to NBC and WTTV switching to CBS. " However, I am determined not to let any affiliation switches happen here on fictionaltcstations wikia. Kruejac went on to say: " As part of selling off my company, I will still be the CEO of Group W, but I will be creating a new job that this wikia doesn't have yet. " I plan on being the new affiliate relations person for Fox.

" As I've been here for a while now, I've noticed lately that more and more TV stations are being built in little hick towns, especially in Florida. Currently we have 5 to 6 Fox stations serving the Tampa Bay area, and even though my company owns them, it is still utterly ridiculous that there are 5 Fox stations in 1 market! That is completely destroying the main stations revenue in the market, because so my other stations are taking business, and I plan on ending it. My first order of business is to talk with Adelphia Communications CEO Cbcarter about making those 5 stations that New World owns around Tampa Bay into repeaters of WFFN and having New World sell them to Adelphia so Adelphia makes all profits off of them and WFFN gets all of their business back.

And last but not least, since most of my New World stations will go to Fox, I plan on operating, not owning the O&O group. As part of this, I plan on improving the O&O's by partering with other station owners on producing programs and also plan on selling off small market O&O's to companies that will invest and improve them.