AT&T and Sinclair Broadcast Group want to increase their market share of TV stations and national TV networks. The two would-be buyers face a complicated regulatory path. But that’s where their tales diverge, leaving some analysts scratching their heads. That’s because Sinclair’s proposed $3.9 billion acquisition of Tribune Media appears headed for smooth sailing before […]
A $3.9 billion merger that would combine Tribune Media and Sinclair Broadcasting is waiting in the wings. Sinclair is already the nation’s biggest broadcaster with 193 television stations and if the rules change, they’ll add 42 more, including in New York, Chicago and Los Angeles. Click the audio player above to hear the full story.
These aren’t the best of times for local television stations. More of us are watching our TV on streaming services, like Hulu and Netflix. Fewer of us are tuning in to local news. Still, it looks like there may be a bidding war brewing for the 40-plus stations that make up Tribune Media. Both Sinclair […]