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http://www.reuters.com/article/us-tribune-media-m-a-sinclair-idUSKBN1841HR
U.S. broadcaster Sinclair Broadcast Group Inc said on Monday it would buy Tribune Media Co, one of the largest U.S. television station operators, for about $3.9 billion cash and stock, and assume about $2.7 billion in debt.
[...] The announcement of the deal comes weeks after the U.S. Federal Communications Commission voted to reverse a 2016 decision that limits broadcasters owning stations serving no more than 39 percent of U.S. television households.
A combined Tribune and Sinclair could surpass this cap and face some regulatory challenges which could result in divestitures, analysts said.
Tribune Media. The newspaper assets were spun off years ago into Tribune Publishing, aka Tronc.
Related: Gannett Ends Pursuit of Rival Newspaper Publisher Tronc
(Score: 0) by Anonymous Coward on Tuesday May 09 2017, @11:39PM
there is multiculturalism or diversity in radio
Around here, the FM band is mostly music with the occasional send-me-money preacher.
The AM band is generally referred to as Right Wing Hate Radio.
A station that hasn't yet surrendered its 3-letter callsign (as so many others have due to acquisitions/rebranding) is commonly called KKKFI for its spew.
Now, if you go back a bunch of years, there was Air America.
That's the -only- thing I can think of that was Liberal[1] in recent memory.
...with the exception of Pacifica, which has been Anti-Reactionary from its start in 1949.
[1] Do make an attempt to use correct terminology.
TV, especially journalism, is purely left wing democrat, 95%+ membership in the D party
Doesn't matter. As butthurt (6141) has already noted in this (sub)thread, it's who OWNS the media outlets that counts.
...and let's be quite clear here: Liberals are Right Wingers; they are NOT Anti-Capitalist.
If those talking heads start talking about collective ownership of the means of production by the workers -then- you can start talking about "Left/Right" without looking like a fool.
nothing but DNC propaganda outlet in the last election cycle
Wow. Just WOW.
How could you possibly have missed Donnie Tiny Hands getting $5B of airtime, gratis?
How could you possibly have missed CBS's CEO saying, "It [Trump's candidacy] may not be good for America, but it's damn[ed] good for CBS."
Lamestream Media will put on whatever will make it the most profit.
To think that they have deep political roots--especially of the non-Right/non-Authoritarian sort--is simply naive.
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