FCC Plans Probe Into Sinclair Conduct Before Merger With Tribune Went Awry

  • 📰 DEADLINE
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

In the year since the Federal Communications Commission effectively torpedoed Sinclair Broadcast Group’s planned $3.9 billion merger with Tribune Media, the possibility has existed that an in…

confirmed it is formally looking into whether Sinclair had intentionally misled regulators when it detailed plans to divest stations, a common step under federal ownership rules. Tribune has 42 stations, many of them in top media markets, and Sinclair has 192.

in early 2018 when a video compilation of Sinclair station anchors repeating a obligatory scripted warning about “false news” went viral.The so-called “sidecar” deals arranged by Sinclair in order to effect the divestitures involved entities without broadcast TV experience and with business ties to Sinclair. In at least one case, the valuation given for the station was far below the going market rate, raising questions about the process.

In a statement to multiple media outlets this week, the FCC said that its media bureau “is in the process of resolving an outstanding issue regarding Sinclair’s conduct as part of the last year’s FCC’s review of its proposed merger with Tribune. The Bureau believes that delaying consideration of this matter would not be in anyone’s interest.”

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 109. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

CBS, Viacom CEOs Won’t Attend Sun Valley Mogul Conference Amid Merger TalksThe annual gathering in Idaho for dealmakers will include Fox Corp.’s Lachlan Murdoch, Facebook’s Mark Zuckerberg and Activision Blizzard chief Bobby Kotick.
La source: THR - 🏆 411. / 53 Lire la suite »

Japan's biggest opposition party shuns rival merger ahead of electionThe leader of Japan's main opposition party said on Wednesday he was happy ... My mother did not read or write but she wished you knew how to write and read so I love reading and do not miss seeing this video I hope that no one will be elected from the Constitutional Democratic Party of Japan.
La source: Reuters - 🏆 2. / 97 Lire la suite »

Macron Throws a Wrench in Renault-Fiat Chrysler Merger HopesRenault’s hopes of resuming merger talks with Fiat Chrysler were dealt a blow after President Emmanuel Macron urged the French car maker to focus on generating cost savings with its partner Nissan, rather than reshaping their 20-year alliance.
La source: WSJ - 🏆 98. / 63 Lire la suite »