September 20, 2017 With Sinclair and Tribune, Comcast EVP David Cohen said the same before acknowledging that there’s some good and some bad for his company – and consumers – in that broadcasting merger. “I think having that large a bloc of local broadcast affiliates, it almost inevitably [will] put significant upward pressure on retransmission […]
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August 8, 2017 The opposition to Sinclair Broadcast Group’s nearly $4 billion merger with Tribune Media Co., is fighting the deal with words and documents. The Hunt Valley, Md.-headquartered Sinclair’s acquisition, announced three months ago, could create a broadcasting powerhouse with more than 200 TV stations in 108 markets. Not all in the media and […]
The corporate bosses of Sinclair Broadcast Group are claiming their acquisition of Chicago-based Tribune Media — creating a television juggernaut with 233 stations in 108 markets — isn’t just good for their company and their shareholders. They say it also will serve the public interest. But the people who’ll benefit most from the deal may be executives of Tribune Media.
Comedian John Oliver is taking aim at Sinclair Broadcast Group, accusing the local television giant of conservative bias. His criticisms also come at a critical time for Sinclair, which is on the verge of a $3.9 billion merger with Tribune Media that would significantly consolidate local television networks.
Retransmission consent fees will continue to grow steadily over the next several years with virtual MVPDs (v-MVPDs) — DirecTV Now, Playstation Vue and the like — becoming significant contributors to the TV station revenue stream, according to the latest projection from S&P Global Market Intelligence.