The FCC last week approved New World's plans to transfer WGHP-TV Greensboro, N.C., and WBRC-TV Birmingham, Ala., into a trust for eventual sale to Fox.(Washington Watch)(Brief Article)

The FCC last week approved New World's plans to transfer WGHP-TV Greensboro, N.C., and WBRC-TV Birmingham, Ala., into a trust for eventual sale to Fox.(Washington Watch)(Brief Article) - Broadcasting & Cable | HighBeam Research

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MLA

McAvoy, Kim. " The FCC last week approved New World's plans to transfer WGHP-TV Greensboro, N.C., and WBRC-TV Birmingham, Ala., into a trust for eventual sale to Fox.(Washington Watch)(Brief Article) ." Broadcasting & Cable . NewBay Media LLC. 1995. HighBeam Research. 16 Oct. 2015 < http://www.highbeam.com >.

Chicago

McAvoy, Kim. "The FCC last week approved New World's plans to transfer WGHP-TV Greensboro, N.C., and WBRC-TV Birmingham, Ala., into a trust for eventual sale to Fox.(Washington Watch)(Brief Article)." Broadcasting & Cable . 1995. HighBeam Research. (October 16, 2015). http://www.highbeam.com/doc/1G1-16799904.html

APA

McAvoy, Kim. "The FCC last week approved New World's plans to transfer WGHP-TV Greensboro, N.C., and WBRC-TV Birmingham, Ala., into a trust for eventual sale to Fox.(Washington Watch)(Brief Article)." Broadcasting & Cable . NewBay Media LLC. 1995. Retrieved October 16, 2015 from HighBeam Research: http://www.highbeam.com/doc/1G1-16799904.html

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The FCC last week approved New World's plans to transfer WGHP-TV Greensboro, N.C., and WBRC-TV Birmingham, Ala., into a trust for eventual sale to Fox.(Washington Watch)(Brief Article)

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April 10, 1995 | McAvoy, Kim | Copyright

The FCC last week approved New World's plans to transfer WGHP-TV Greensboro, N.C., and WBRC-TV Birmingham, Ala., into a trust for eventual sale to Fox. The trust will hold the stations until Fox resolves its foreign ownership troubles at the FCC. New World needs to sell the stations to make room for the four Argyle stations it plans to acquire later this year. If New World had not been able to move the stations into a trust, it would have bumped up against the FCC's ownership cap of 12 stations. Once the stations are transferred, Fox will give New World a promissory note worth $130 million. The stations will be managed by an independent party until Fox clears up its troubles at the FCC. The National Association for the Advancement of Colored People effectively has blocked Fox's ability to acquire any broadcast properties. The civil rights group claims Fox did not reveal that 99% of the money of it used to purchase Metromedia in 1985 came from Australia-based News Corp. …

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