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The Hill reports that the FCC will take public comments on Sinclair-Tribune merger until July 12th of this year. Sinclair stations currently reach 40% of US households and with the merger that would increase to 72%.
The Federal Communications Commission (FCC) will take new comments from the public on Sinclair Broadcast Group’s $3.9 billion bid for Tribune Media.
The agency is reopening its review of the merger for public comments after the two companies proposed to sell off some local stations in an effort to bring the deal in line with media ownership restrictions.
The public will have until July 12 to weigh in on the docket.
Also at Reuters: FCC seeks new comments on proposed Sinclair Tribune merger.
Earlier on SN: Sinclair Broadcast Group to Buy Indebted Tribune Media for $3.9 Billion (2017)
(Score: 2) by VLM on Thursday May 24 2018, @02:02PM (1 child)
I don't know if you can define something government funded as independent, but regardless the problem isn't the tech or one guy likes it, but the industry has been going down the tubes and a side effect of financialization schemes during the death of industries is the product generally suffers pretty badly and gets worse over time (newspapers, legacy TV, "pop music industry" etc).
There might not be enough you to run the biz, at least as it was run in the old days when there were more listeners.
(Score: 2) by dry on Thursday May 24 2018, @03:40PM
Every media outlet depends on funding and that is how the last government attacked the CBC, funding cuts and a plan to privatize it if they won the last election. Other stations have advertisers that can cut funding or like the NPR, corporate sponsors they depend on. Private industry is a lot more free to pressure media then government who have to debate and pass a law in the legislature.
It ended up being a major campaign issue. I saw more "Save the CBC" signs then most any other political sign during the last Federal election, so a lot of the population supports the CBC.