11.05.2017
Sinclair Broadcast is set to acquire Tribune Media for $3.9 billion in a deal announced on Monday, giving the conservative-leaning TV broadcaster nearly three-quarters of the local market nationwide. In 2014, Tribune was broken into two separate companies, with the publishing division later renamed Tronc (Frankfurt: 6T71.F - news). Ajit Pai, the new GOP chairman of the Federal Communications Commission, has already changed the way some stations are counted toward a company's national ...