Wall Street Journal
Justice Department Investigates TV Station Owners Over Advertising Sales
Apparently, the Justice Department is investigating whether television station owners violated antitrust law in ways that inflated local television advertising prices. The probe has examined whether Sinclair Broadcast Group, Tribune Media Co, and other independent TV station owners coordinated efforts when their ad sales teams communicated with each other about their performance, potentially leading to higher rates for TV commercials. Companies like Sinclair and Tribune own dozens of local TV stations that carry programming from national broadcast networks like ABC, CBS, NBC and Fox.
Facebook Shares Tumble on Growth Concerns (Wall Street Journal)
Submitted by benton on Thu, 07/26/2018 - 11:54National Enquirer’s Yearslong Dealings With Trump Lawyer Fall Under Federal Scrutiny
Michael Cohen and the publisher of the National Enquirer forged an alliance over the years, looking out for the interests of Donald Trump and each other. Now, federal investigators are examining those ties as part of a wide-ranging probe into Cohen’s personal business dealings and his self-described role as Trump’s fixer. Cohen mediated a dispute between Omarosa Manigault-Newman, who had been a star onTrump’s “Apprentice” reality TV show, and the Enquirer over a story about her brother’s murder.