Fox/Ion Unlikely With Smaller Broadcaster's Must-Carry Election, Ryvicker Says
Ion’s decision to elect must carry makes it unlikely it and Fox will be involved in a transaction, Wells Fargo analyst Marci Ryvicker emailed investors Friday. "While FOXA could still choose to do something with ION, we don't see how…
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this could work financially for the FOX networks or affiliated stations.” It's also likely that Fox and Sinclair will reach a renewed affiliation agreement “hopefully sooner rather than later,” Ryvicker said.