Inside Sinclair: CEO Nixes Fox News Rival Rumors, Talks Tribune & Big Ambition for Broadcast Biz

Of the many challenges Fox News Channel is facing amid a turbulent year, there’s one threat Rupert Murdoch can cross off the list: Sinclair Broadcast Group has no plans to launch a rival conservative-friendly TV network. Chris Ripley, CEO of the Hunt Valley (MD)-based TV-station giant, is ready to end months of speculation that his company was preparing to mount a competitive threat in the wake of its $3.9 billion deal to acquire Tribune Media in May. “After we acquired Allbritton [Communications] in 2014, we looked hard at launching a national cable news channel, but we decided the world didn’t need another cable news platform,” says Ripley, who makes clear that the rise of Donald Trump and the upheaval at Fox News haven’t changed his calculus. “Our strength is local news,” he maintains. “The market for national cable news is very well served.”