Sinclair addresses detractors of $3.9B Tribune deal
August 24, 2017
Sinclair Broadcast has replied to the more than 1,000 comments filed with the US Federal Communications Commission in opposition to Sinclair's proposed $3.9 billion combination with Tribune Media, a deal which would create the largest operator of local broadcast stations in the US. In a 173-page filing, the broadcaster asserted its takeover of Tribune would serve the public interest by helping local TV stations compete with national media.
Many of the commenters against the deal—including several other media companies—had alleged Sinclair's takeover would be a public ill, citing the company's history of paring back staff following acquisitions and reports of Sinclair forcing its affiliates to swap in centrally produced segments that betray a conservative political ideology during local news broadcasts. Sinclair, though, says that opponents of the deal have failed to show how the public interest would be harmed by the acquisition and that none of the complaints "have shown any evidence of news slanting."
The FCC has another three months to complete its own 180-day review. The US Department of Justice has also undertaken a review of the deal.