Tribune MediaLatest News and Opinion
Posted Thursday 8/09/18 at 2:00PM EDT
Tribune Media calls off $3.9 billion merger with Sinclair Broadcasting and files a $1 billion suit
Source: The Hollywood Reporter
Tribune says Sinclair is on the hook for $1 billion after failing to get regulatory approval to acquire 42 of its TV stations, WGN America and other assets.
Posted Wednesday 7/25/18 at 3:24AM EDT
Report: President Trump raged at his staff after spotting CNN on Melania's Trump's TV set aboard Air Force One
Source: The New York Times
The New York Times reports that Trump's recent reaction caused a "bit of a stir" aboard Air Force One. The Times says it's a White House rule that Trump and his entourage's TV sets are tuned to Fox News at the beginning of each flight. The Times obtained an email confirming that all TVs would be tuned to Fox News as standard operating procedure going forward. The same email also called for the president and the first lady to have separate TV set Tivo-like streaming device Beam in their separate hotel rooms when they travel.
Posted Monday 7/16/18 at 8:37PM EDT
Sinclair Broadcasting's $3.9 billion takeover of Tribune Media's TV stations looks all but dead
The proposed deal to make the country's largest owner of TV stations even bigger, expanding its reach to nearly three-quarters of U.S. households, looks all but dead after FCC chair Ajit Pai expressed skepticism about Sinclair's plans. As Politico's Margaret Harding McGill explains, "the story of how Sinclair's deal ran into trouble, despite its considerable sway in Republican-led Washington, is a tale of stunning hubris, according to officials inside and outside the FCC who watched the drama unfold. The broadcaster needed to sell stations to stay under federal media ownership limits, but instead it aggressively pushed proposals that would have left it in effective control of some of those spun-off outlets — raising alarms at an FCC that had already relaxed some ownership rules to the company's benefit."