WTVT consumer reporter Chris Chmura proposed a question that has certainly been on our mind here at Florida News Center. What will happen locally if Rupert Murdoch’s 21st Century Fox is able to purchase Time Warner Inc.?
The deal, which reached a new high bid today (at a meager $80 billion), would be a merger of 21st Century Fox properties and portions of the assets currently held by Time Warner Inc. Those assets include Time Warner Cable and Bright House Networks locally.
In the Tampa and Orlando markets, Fox owns/operates WTVT in Tampa and WOFL/WRBW in Orlando. Bright House Networks (Time Warner) operates 24hour cable news outlets Bay News 9 in Tampa and News 13 in Orlando.
Chmura’s question definitely becomes a factor, when considering a merge like this. What will happen locally? Will these properties be combined (as in the hyberpolic graphic for the Tampa media market above) or would they stay independent?
Times, they are a’ changin’….