Friday, May 8, 2020

TV broadcaster Sinclair fined $48 million over Tribune deal


The federal government has fined Sinclair Broadcasting Corp. $48 million, largely because of actions the TV broadcaster took in its failed attempt to acquire smaller rival Tribune Media. Sinclair in 2017 proposed a $3.9 billion deal for Tribune’s TV stations, attempting to extend its reach into new markets. The deal fell apart that August, and […]

source https://www.seattletimes.com/business/tv-broadcaster-sinclair-fined-48-million-over-tribune-deal-2/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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