Business

Fox fixed for Series til ’21

Major League Baseball agreed with Fox and Turner Sports on eight-year contracts that will run through 2021 and keep the World Series on Fox.

The amount baseball receives from the two networks will double to an average of about $800 million annually, with Fox’s share averaging about $500 million.

Fox also will retain rights to the All-Star game and a league championship series every year, and adds coverage of two division series starting in 2014.

TBS will retain the rights to air one league championship series, two division series and one wild-card game. Fox and TBS will alternate between showing the playoffs from year to year.

Fox is owned by News Corp., which also owns The Post.