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Sinclair Broadcasting Group will update its divesture plan in an effort to appease U.S. regulators, the company said on Wednesday as its $3.9 billion takeover of Tribune Media hangs in the balance ...
Unlike the Sinclair-Tribune deal, opposition to Nexstar's purchase of Tribune was limited, despite the similar broadcast oligopoly concerns raised in the Sinclair acquisition applying to the Nexstar purchase; Nexstar has also tended to focus around local content with the only nationally syndicated news content produced by the group being more ...
The proposed Sinclair-Tribune merger came under scrutiny by the Federal Communications Commission, and within three months Tribune Media decided to pull out of the potential deal. [16] Without the merger, there was no chance of national distribution of The McLaughlin Group via Sinclair alone, so BL Media Group opted not to renew its contract ...
The following is a list of stations owned or operated by Sinclair Broadcast Group. Sinclair owns or operates 294 television stations across the United States in 89 markets ranging in size from as large as Washington, D.C. to as small as Ottumwa, Iowa / Kirksville, Missouri . [ 1 ]
Sinclair has lost more than 70% of its market value in the last five years. The company’s market capitalization is about $975 million with an enterprise value of about $4.7 billion. Sinclair changes
At the same time, Sinclair aligned 17 of its stations (ten former WB affiliates, six former UPN stations, and independent WFGX) with MyNetworkTV, a programming service owned by Fox's parent News Corporation. Sinclair's relationship with Fox/News Corporation was strengthened after Sinclair agreed to a six-year affiliation renewal for its 19 Fox ...
On August 29, 2019, an investor group including the Yankees, Sinclair, Amazon, and the Blackstone Group purchased Disney's 80% stake in the network for $3.47 billion. [20] Sinclair's share of the network is 20%. [21] FuboTV dropped the channels in January 2020, [22] and YouTube TV and Hulu + Live TV followed in October 2020.
Everton boss Sean Dyche has been speaking to the media before Saturday's Premier League match away to Brighton. Dyche said Everton "haven't got a clue" when a verdict on the club's appeal against ...