Sinclair Announces Station Takeover One Day After Trump's FCC Votes to Loosen Ownership Caps

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On April 20, the Federal Communications Commission voted to reinstate an obsolete loophole called the UHF discount that will allow broadcast conglomerates to exceed congressionally mandated national TV audience coverage limits. April 21, Sinclair Broadcast Group, the nation’s largest television station conglomerate, announced a $240 million deal to buy 14 television stations owned by Bonten Media Group.

Sinclair is also reported to be in negotiations to buy stations owned by Tribune Media Co., a move that would put Sinclair 30 percentage points over the national broadcast ownership cap, if not for the FCC’s move reinstating the UHF discount. The vote came following press reports by Bloomberg News that Chairman Pai had conducted meetings with Sinclair executives days after the Nov. 8 presidential election. Chairman Pai was subsequently tapped by the Trump administration to lead the agency that oversees broadcast ownership limits. Free Press CEO and President Craig Aaron said, “This is a scandal. Sinclair has been boosting Trump and wooing Pai for months — and it’s paying off in the form of the looser limits Sinclair has long sought on how many TV stations the company can own. Sinclair has a track record of taking over stations, gutting news departments and airing conservative propaganda produced far from the local community."


Sinclair Announces Station Takeover One Day After Trump's FCC Votes to Loosen Ownership Caps