Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

Paxson buys Dow Jones' TV-31

Published on .

Paxson Communications Corp. will acquire WBIS-TV, the New York UHF TV station owned by Dow Jones & Co. and ITT Corp., as the flagship station of Paxson's proposed new nationwide broadcast TV network. Purchase price was estimated at $258 million. Paxson by July will change the call letters of the station to WPXN and carry a variety of sports, ethnic, foreign language, religious and infomercial programming. Dow Jones will halt its business news telecasts June 29.

Copyright May 1997, Crain Communications Inc.

Most Popular
In this article: