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"No station group is going to fund it," he said.
Manuel Abud, president and general manager at KXTX-TV, Dallas, part of the Telemundo Station Group unit of Telemundo Media, was named president of the station group.
The station group excluded from the deal belongs to the News Corporation.
Altogether, USA's station group lost $60 million last year on revenue of $8.6 million.
Last week, Mr. Klein announced two such agreements with the NBC television station group and Tribune Broadcasting.
Fox is a television network and a station group and a satellite operator and a media empire.
"Our philosophy is to run a cleaner broadcast and produce the best listener experience," said Weezie Kramer, the station group president for Entercom, WEEI's owner.
But NBC Universal apparently proved willing to pay a higher license fee to keep the show for its station group through 2014.
The Young Broadcasting station group includes ABC, CBS and NBC affiliates, as well as the nation's largest independent station--KRONTV in San Francisco.
So says power station group Drax about its £225m plan (with government guarantee) to transform itself into a predominantly biomass-fuelled generator (essentially, burning wood instead of coal).
Similar(1)
Ailes battles often with Fox's owned-and-operated broadcast-station group over when and how to air Fox News, and this group reports to Lachlan Murdoch.
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CEO of Professional Science Editing for Scientists @ prosciediting.com