| TOM BENSON BUYS WVUE-TV |
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| Written by KenTrahan | |
| Monday, May 05, 2008 | |
      
WGSO, 990 AM has learned that a corporation owned by New Orleans Saints owner Tom Benson has agreed to purchase WVUE television in New Orleans for $41 million. Fox 8 parent company Emmis Communications Corporation confirms that it will consummate the deal with Louisiana Media Co. sometime before the end of 2008.
Benson and his company have been pursuing a deal with WVUE over the past several months. Emmis has now sold all 16 of its television properties after watching its stock diminish at an alarming rate over the past year.
As a member of the NFC, the New Orleans Saints are primarily affiliated with the Fox Television Network, showing all games of the Saints when they face an NFC opponent or when they are on the road.
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