Moody’s Investors Service changed its ratings outlook for Local TV Finance LLC’s to “positive” from “stable” and affirmed the company’s existing ratings including its Caa1 Corporate Family Rating (CFR ...

The commission gives the green light to the $1.1 billion deal announced last December. The FCC has cleared the way for Local TV LLC to purchase eight TV stations from Fox for $1.1 billion. Fox had put ...

The Tribune Company is set to become the biggest television station company in the U.S. when it buys Local TV LLC, which is based in Cincinnati, Ohio. Reuters The Tribune Company is set to become the ...

The pace of consolidation in local TV is accelerating. In the last two months alone, three major deals have been announced: Media General is acquiring New Young Broadcasting, Gannett is acquiring Belo ...

Although yesterday’s announcement from Tribune Company refers to Randy Michaels as “formerly CEO of Local TV LLC,” he really isn’t separating from the company which owns the nine former New York Times ...