May 9, 2017
Sinclair’s high stakes gamble to reshape television news
By Thomas Lifson
Beleaguered conservatives reeling from the turmoil at Fox News have at least a glimmer of hope that a second national conservative news outlet could result from a huge merger announced yesterday. Sinclair Broadcast Group, owners of 173 terrestrial television stations in 81 markets, will be acquiring Tribune Media, which owns 42 stations reaching 24% of the American public, including outlets in New York, Los Angeles and Chicago, as well as a cable channel, WGN America. Combined, the two station groups would reach 70% of the American public, according to Jennifer Saba of the New York Times, unless the FCC requires divestitures.
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