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C., KRLD-TV (now CW affiliate KDAF) in Dallas–Fort Worth and KRIV in Houston—to News Corporation, owned by Australian newspaper magnate Rupert Murdoch, for $2.55 billion (ABC affiliate WCVB-TV in Boston, the company's only network-affiliated station, was originally to be sold as well through the deal, but upon exercising a right of first refusal clause related to Metromedia's 1982 purchase of that station, it was spun off to the Hearst Corporation's television and radio station subsidiary, Hearst Broadcasting, for $450 million in a separate, concurrent deal).That October, News Corporation—which had purchased a 50% interest in 20th Century Fox corporate parent TCF Holdings for $250 million in March 1985—announced its intentions to create a fourth television network that would use the resources of 20th Century Fox Television to both produce and distribute programming, intending to compete with ABC, CBS and NBC.
Bishop doing scary voices and later wearing a long blond wig while portraying the character.When Field began selling its stations, the company sold WFLD to Metromedia again—this time in a successfully completed deal for slightly over 0 million, a record price for a UHF station at the time.WFLD was the first of the stations that Field Communications sold when it began the liquidation process in September 1982 (with the final station to be sold—WKBD-TV in Detroit in January 1984) completing the deal for WFLD in March 1983.The two stations share studio and office facilities located at Michigan Plaza on North Michigan Avenue in the Chicago Loop; WFLD's transmitter is based at the Willis Tower on South Wacker Drive in the Loop business district.On cable, the station can be seen on Comcast Xfinity channel 12 in most parts of the Chicago area.Metromedia was ripe to compete against WGN, based on the group's success in competing against WPIX in the New York City market.
In Chicago, Metromedia was given the right of first refusal to purchase WFLD.WFLD remained the top-rated independent station in Chicago throughout Metromedia's ownership of the station.In May 1985, Metromedia reached an agreement to sell WFLD-TV and its five sister independent stations—WNEW-TV (now WNYW) in New York City, KTTV in Los Angeles, WTTG in Washington, D.The show was revived on WCIU-TV (channel 26) when it became an English-language independent station in December 1994, and has aired there locally ever since, and began to be broadcast nationally on Me TV in April 2011.Field Enterprises sold controlling interest in WFLD to Kaiser Broadcasting in May 1972.When the deal was completed in July 1973, the two companies' new partnership resulted in WFLD joining Kaiser's stable of UHF independent stations in San Francisco, Boston, Philadelphia, Cleveland and Detroit.