Sinclair's problems mount after merger collapses
This discussion thread was locked as off-topic by DonViejo (a host of the Latest Breaking News forum).
Source: The Hill
Sinclair Broadcast Group's failed efforts to merge with Tribune Media and build a conservative media powerhouse may be just the start of the broadcasting giant's problems.
...snip...
The merger's collapse was a stunning reversal of fortune for conservative broadcaster Sinclair. The conventional wisdom a few months ago was that Sinclair's proposal would be approved, giving the company the ability to reach nearly three quarters of the country's television audience. Now, Sinclair is facing questions about whether it's even fit to hold a broadcasting license.
...snip...
According to the agency order last month and Tribune's lawsuit, Sinclair overplayed its hand with a friendly FCC and a Justice Department that was fully willing to approve the merger but only if the company agreed to sell off certain stations.
Sinclair though wasn't willing to budge and repeatedly antagonized antitrust officials at the DOJ. At one point, according to Tribune, Sinclair general counsel Barry Faber told the government "sue me" and the company even went so far as to threaten a lawsuit against the Justice Department.
Read more: http://thehill.com/policy/technology/401350-sinclairs-problems-mount-after-merger-collapses?amp
muntrv
(14,505 posts)Cirque du So-What
(26,027 posts)Hope they get their just deserts.
rurallib
(62,482 posts)hlthe2b
(102,525 posts)I just hope they don't take down one hell of a lot of struggling local news networks with them, but BACK off from their tactics.
Maeve
(42,309 posts)And have basically given up on broadcast tv, so...thoughts and prayers, you jerks.
magicarpet
(14,219 posts)...unmanageable behemoths to brainwash the masses with their extreme Right-Wing clap-trap-crap.
DownriverDem
(6,236 posts)Sinclair should not be allowed to be on the air with their propaganda. Where I am we don't have them and am so glad about it.
WePurrsevere
(24,259 posts)AwakeAtLast
(14,134 posts)DonViejo
(60,536 posts)For two reasons:
First, published August 12, 2018 - 08:30 AM EDT, posted on the LBN Forum Aug 13, 2018, 08:12 AM. Over 12 hours old. Second, this is opinion and analysis, not LBN.