Boston Channel 25 News Bought By Hedge Fund Standard General (2024)

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WFXT is the largest Fox affiliate by market size that is not owned and operated by the network.

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Boston Channel 25 News Bought By Hedge Fund Standard General (4)

BOSTON — Boston's Fox-affiliated television station, WFXT-Channel 25 News will soon be owned by a New York-based hedge fund Standard General L.P., Cox Media Group said Tuesday.

Cox Media Group is selling the Dedham-based television station in exchange for Standard General-owned ABC6 News, which is licensed out of New Bedford, with stations in Rhode Island, Kentucky, Missouri, and Nebraska.

In return, a Standard General affiliate will acquire Cox Media Group's WFXT/Boston as the anchor of a new station group.

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Financial details of the arrangement were not disclosed.

"We are delighted to be acquiring WFXT/Boston, which will serve as a foundation for our new station group and provide our new company with a historic legacy from its very start," Standard General founding partner Soo Kim said in a press release Tuesday.

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Kim will serve as chairman and Deb McDermott will become CEO of the new entity that will own and operate the new station group out of the Dedham location.

WFXT is the largest Fox affiliate by market size that is not owned and operated by the network, although it was previously owned by Fox until Cox Media Group acquired the station in 2014.

"We will miss the dedicated team at WFXT Boston25, but we know they will form an ideal foundation for Standard General's new company and its further growth," Cox Media Group's President and CEO Dan York said.

Following the close of those two transactions, the Standard General affiliate will acquire TEGNA, in a take-private $5.4 billion deal that Standard General and TEGNA separately revealed today. Cox Media Group will also take five of TEGNA's Texas-based stations.

The companies say the deal will likely close in the second half of 2022.

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Boston Channel 25 News Bought By Hedge Fund Standard General (2024)

FAQs

Who is leaving the Boston 25 news staff? ›

Boston 25 laid off more than a dozen employees in 2021 and canceled some newscasts, the Boston Business Journal reported at the time. The station also laid off some workers at the end of June, according to two former employees.

What happened to Fox 25 Boston? ›

On April 13, 2017, the station announced that it would rebrand its newscasts as Boston 25 News on April 24, 2017; from then on, the "Fox 25" branding was retained as a generalized identity restricted to WFXT's entertainment programming and station promotions (the move followed a similar split branding structure that ...

Is Boston 25 News owned by Fox? ›

The station is owned by the Fox Television Stations subsidiary of 21st Century Fox. The studio's upgrade with FX designs influence, Orad-Avid being our strategic partner, and Primeview's video walls enhances the audience's experience with its vibrant and modern look.

Is Elizabeth Hopkins still on Channel 25 News? ›

Elizabeth Hopkins from Boston's Fox 25 is no longer with the network, and many want to know what happened to her and why she's gone. Elizabeth Hopkins from Boston's Fox 25 is no longer...

Who is the new anchor on Boston 25? ›

Meet Nicole Gabe. By Aidan Ryan Globe Staff,Updated September 12, 2024, 10:59 a.m. Nicole Gabe, a broadcast journalist who previously worked in Fort Myers, Fla., joined the morning news team at WFXT-TV (Channel 25) as an anchor this week.

Who is the traffic girl on the Boston 25 News? ›

Catherine Parrotta - WFXT Boston 25 News | LinkedIn.

Who is the chief meteorologist on Fox 25 Boston? ›

Kevin Lemanowicz (@KevinBoston25) / X. since 1996. AMS Certified Broadcast Meteorologist (CBM).

Is Shiri Spear married? ›

After two years, she left McGill to marry her high school sweetheart, who was in the Marine Corps.

Is Vanessa Welch married to Jason Brewer? ›

Off camera, Welch is married to Boston 25 News meteorologist Jason Brewer, with whom she shares three young boys. “I feel so blessed,” she said during her on-air sendoff Wednesday. “This has been such an incredible journey.”

What is the most watched news channel in Boston? ›

WCVB Channel 5 is Boston's Most Watched Station and Top Rated News in August 2019 Sweep.

What news is owned by Fox? ›

FOX News Media operates the FOX News Channel (FNC), FOX Business Network (FBN), FOX News Digital, FOX News Audio, FOX News Books, the direct-to-consumer streaming services FOX Nation and FOX News International and the free ad-supported television service FOX Weather.

How many news stations does Fox own? ›

FOX Television Stations owns and operates 29 full power broadcast television stations in the U.S. These include stations located in 14 of the top 15 largest designated market areas (DMAs), and duopolies in 11 DMAs, including the three largest DMAs (New York, Los Angeles and Chicago).

Who is the news director of the Boston 25? ›

In July, Boston 25 hired Scott Isaacs as news director, at a time when the station was reportedly facing staff departures — including morning anchor Elizabeth Hopkins in April — cost-cutting measures, and struggling viewership.

Where is Elizabeth Noreika? ›

About. I work for FOX 8 in Cleveland, Ohio as an evening news anchor and reporter.

Where is Gene Lavanchy today? ›

He formerly served as host of WSBK-TV's Boston Bruins telecasts. Gene is an Emerson College graduate and grew up in Walpole, Massachusetts where he currently lives with his wife, Anne Marie, and their four children. Gene is a proud citizen of Walpole and active member of the community.

Who left the WBZ Boston news team? ›

Local News | After Kate Merrill and Liam Martin leave WBZ, Paula Ebben is moving to the morning show.

Where is Christa Delcamp now? ›

Christa Delcamp who was at WHDH for years and then switched to NBC Boston and then quit to "spend more time with her family" has now made a return to Cox's WFXT. She's apparently the replacement for Vanessa Welch at Boston 25.

Where has Vanessa Welch gone? ›

Welch, who left Boston 25 last month, will work "to help stakeholders understand the meaning and implications of financial concepts," financial services company Empower announced Tuesday.

Where is Gene Lavanchy now? ›

He formerly served as host of WSBK-TV's Boston Bruins telecasts. Gene is an Emerson College graduate and grew up in Walpole, Massachusetts where he currently lives with his wife, Anne Marie, and their four children. Gene is a proud citizen of Walpole and active member of the community.

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