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posted by martyb on Sunday July 29 2018, @11:30PM   Printer-friendly
from the independence-vs-independents dept.

Deadline reports:

FCC Chairman Ajit Pai [...] defended his decision to refer Sinclair Broadcast Group's proposed $3.9 billion acquisition of Tribune Media to an administrative law judge for review.

[...] Central to the review is how Sinclair presented its plans to divest stations in Chicago, Dallas and Houston in order [to] gain regulatory approval. Those so-called "sidecar" deals could enable Sinclair to effectively continue operating the stations, Pai [link removed] said, in violation of federal rules.

Over at Ars Technica:

President Donald Trump yesterday lashed out at the Federal Communications Commission over its vote to block Sinclair Broadcast Group's acquisition of Tribune Media Company.

"So sad and unfair that the FCC wouldn't approve the Sinclair Broadcast merger with Tribune," Trump tweeted.

A combination of Sinclair and Tribune "would have been a great and much needed Conservative voice for and of the People," Trump wrote. Trump contrasted the Sinclair/Tribune denial with the FCC's approval of Comcast's purchase of NBCUniversal, which happened in 2011.

"Liberal Fake News NBC and Comcast gets approved, much bigger, but not Sinclair. Disgraceful!" Trump wrote.

[...] The FCC last week voted unanimously against approving the Sinclair/Tribune deal. Sinclair needed to divest some stations in order to stay under federal ownership limits, but FCC Chairman Ajit Pai said the company's proposal to divest certain stations "would allow Sinclair to control those stations in practice, even if not in name, in violation of the law."

The FCC didn't block the merger outright, but it referred the deal to an administrative law judge. Mergers usually don't survive that legal process.

[...] If no divestitures were made, the merger would let Sinclair reach 72 percent of US television households. Sinclair owns or operates 173 broadcast TV stations in 81 markets, while Tribune has 42 stations in 33 markets.


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  • (Score: 4, Insightful) by Snotnose on Sunday July 29 2018, @11:38PM

    by Snotnose (1623) Subscriber Badge on Sunday July 29 2018, @11:38PM (#714503)

    If he says the sky is blue I'm gonna assume it's night.

    --
    It was a once in a lifetime experience. Which means I'll never do it again.
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