Saints come marching in for Emmis

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New Orleans Saints owner Tom Benson is also the principal owner of formed Louisiana Media Company LLC, which is planning to lay out 41M to acquire the last of Emmis Communications’ television stations, Fox WVUE-TV in New Orleans. "Tom is getting a station that is stronger than ever,” commented Emmis’ Jeff Smulyan. “I have the utmost admiration and respect for Vanessa Oubre and the entire Fox 8 team for their dedication and grace in overcoming tremendous adversity in the wake of Hurricane Katrina." This brings Emmis’ exit from television to completion, totaling 16 stations sold for a total of about 1.24B.