Sources: Fox and Nexstar Are Not Done Yet (Patreon)
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Back in June, FTVLive FIRST told you that Fox was going to end up with KCPQ (Seattle) and had made a deal with Nexstar to buy the station.
This week, Nexstar and Fox announced what we reported was going to happen.
But sources tell FTVLive that Fox and Nexstar are not yet done at the bargaining table.
"There will be a second wave at some point in the next several months," said a source to FTVLive "Discussions are ongoing but it’s clearly more NFL markets," the source added.
Back in March, FTVLive told you that Nexstar has a deal in the contract with Scripps concerning WPIX in New York.
Nexstar has the option from March 31, 2020, through the end of 2021 to buy back WPIX from Scripps.
Sources tell FTVLive that Nexstar CEO Perry Sook desperately wants a station in the No. 1 market.
Right now, he does have the cap space, but if he can deal off some more stations to Fox, it will clear the space and WPXI can join Nexstar nation.
Sources say the wheeling and dealing ain't over yet.
Stay tuned....