Sinclair Defends Tribune Acquisition as Crucial for Broadcast TV’s Future

Sinclair Defends Tribune Acquisition as Crucial for Broadcast TV’s Future
The future of local television is threatened unless TV station owners are allowed to bulk up to compete more effectively with MVPDs and digital competitors. That’s what Sinclair Broadcast Group is telling the FCC in its reply to the flood of comments and petitions opposing Sinclair’s pending $3.9 billion buyout of Tribune Media.

Today is the deadline for Sinclair to respond to more than 1,000 comments that poured in to the FCC from individuals and competitors urging the commission to block the deal. The union of Sinclair and Tribune would create a broadcast TV behemoth with more than 200 stations reaching 72% of U.S. TV households.

Sinclair’s 173-page filing reiterates the company’s main selling points to investors and regulators since the merger agreement was reached in May. Local TV station owners need to achieve greater scale to compete with MVPDs and digital upstarts that have also been in consolidation mode. Replies
See full article at Variety - TV News »

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