MURDOCH’S DAUGHTER EXITS THE STATION BIZ

After a little more than a year trying to run TV stations, News Corp. topper Rupert Murdoch’s daughter Elisabeth is getting out of that business and may land back in the family business.

Elisabeth Murdoch, who bought NBC affiliates KSBY Santa Barbara and KSBW Monterey for an estimated $37 million, is selling the properties for about $45 million. Smith Broadcasting is buying the Salinas-Monterey property, while SJL Communications is acquiring the Santa Barbara station.

Although there was rampant speculation that Murdoch and her husband Elkin Pianim would convert the stations to Fox, they never did. Murdoch and her husband said recent consolidation in the TV business gave the couple a choice: Either get big or get out. They chose the latter and made a little profit as well.

More Scene

  • Sundance Parties

    Sundance 2018: The Insider's Party Guide

    After a little more than a year trying to run TV stations, News Corp. topper Rupert Murdoch’s daughter Elisabeth is getting out of that business and may land back in the family business. Elisabeth Murdoch, who bought NBC affiliates KSBY Santa Barbara and KSBW Monterey for an estimated $37 million, is selling the properties for […]

  • '12 Strong' film premiere

    '12 Strong': Chris Hemsworth Hopes Film Can Reduce 'Misconceptions' About Afghanistan

    After a little more than a year trying to run TV stations, News Corp. topper Rupert Murdoch’s daughter Elisabeth is getting out of that business and may land back in the family business. Elisabeth Murdoch, who bought NBC affiliates KSBY Santa Barbara and KSBW Monterey for an estimated $37 million, is selling the properties for […]

  • Guillermo del Toro, Greta Gerwig and

    Timothée Chalamet Says He'd Love to Work With Christopher Nolan or Guillermo del Toro

    After a little more than a year trying to run TV stations, News Corp. topper Rupert Murdoch’s daughter Elisabeth is getting out of that business and may land back in the family business. Elisabeth Murdoch, who bought NBC affiliates KSBY Santa Barbara and KSBW Monterey for an estimated $37 million, is selling the properties for […]

  • Tracee Ellis Ross

    Tracee Ellis Ross at Image Makers Awards: 'Clothing Started as Armor for Me'

    After a little more than a year trying to run TV stations, News Corp. topper Rupert Murdoch’s daughter Elisabeth is getting out of that business and may land back in the family business. Elisabeth Murdoch, who bought NBC affiliates KSBY Santa Barbara and KSBW Monterey for an estimated $37 million, is selling the properties for […]

  • Golden Globes Timeline

    Inside the Glamorous Golden Globes After-Parties

    After a little more than a year trying to run TV stations, News Corp. topper Rupert Murdoch’s daughter Elisabeth is getting out of that business and may land back in the family business. Elisabeth Murdoch, who bought NBC affiliates KSBY Santa Barbara and KSBW Monterey for an estimated $37 million, is selling the properties for […]

More From Our Brands

Access exclusive content