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Fox Corporation Completes Acquisition of Seattle Duopoly and Milwaukee Stations

Fox Corporation Completes Acquisition of Seattle Duopoly and Milwaukee Stations

Fox Corporation Completes Acquisition of and Stations

March 2, 2020

FOX Television Stations’ Footprint Expands to 29 Stations Across the Country

New York, NY and , CA – March 2, 2020 – (Nasdaq: FOXA, FOX) (“FOX”) today announced it has completed the previously announced purchase of Seattle stations KCPQ-TV FOX 13 and KZJO-TV MyNetworkTV 22 as well as Milwaukee station WITI FOX 6 from (Nasdaq: NXST). With this transaction, expands its market presence to 14 of the top 15 DMAs and adds two markets that overlap with FOX’s , Major League Baseball and broadcast packages.

As part of the same transaction, FOX sold its duopoly in Charlotte, NC, WJZY-TV FOX 46 and WMYT-TV MyNetwork 55 to Nexstar. WJZY will remain a FOX affiliate.

About Fox Corporation Fox Corporation produces and distributes compelling news, sports and entertainment content through its iconic domestic brands including: Media, FOX Sports, , and FOX Television Stations. These brands hold cultural significance with consumers and commercial importance for distributors and advertisers. The breadth and depth of our footprint allows us to deliver content that engages and informs audiences, develop deeper consumer relationships and more compelling product offerings. FOX maintains an impressive track record of news, sports, and entertainment industry success that will shape our strategy to capitalize on current strengths and invest in new initiatives. For more information about Fox Corporation, please visit www.FoxCorporation.com.

Media Contacts:

Fox Corporation Megan Klein (310) 369-1363 [email protected]

FOX Television Stations Erica Keane (212) 301-3613 [email protected]