Raycom Media announced today it has reached a purchase agreement for WVUE FOX 8 in New Orleans, Louisiana. Since December 2013, Raycom Media has managed the station for Louisiana Media Company, owned by Tom Benson. WVUE has flourished under the partnership garnering some of the highest journalistic honors and experiencing significant ratings growth in the New Orleans market.
"We have enjoyed our partnership with Tom Benson, Dennis Lauscha and Louisiana Media Company," Pat LaPlatney, Raycom Media President and CEO stated. "We are very proud and respectful of the commitment of Mr. Benson and the staff of FOX 8 to the people of New Orleans and Louisiana. Raycom Media has a proud heritage throughout Louisiana and we will continue to serve the community and our viewers with the highest of standards."
In making the announcement, Tom Benson said, "With the ever-changing media landscape, we believe it is in the best interest of the station to sell and transfer control to our media partners at Raycom Media. They have been a great partner over the last few years and shown remarkable dedication and commitment to our community."
Raycom Media plans to continue its partnership with Mr. Benson and the New Orleans Saints.