Sinclair Broadcast Group declared Monday it will secure Tribune Media Company for $3.9 billion. This is the most recent sign that media giants plan to exploit a casual administrative condition under President Trump.
If the arrangement is fulfilled, it will join two of the nation’s biggest proprietors of nearby TV stations: Sinclair could include 42 stations in 33 markets to its media realm. The link also organizes WGN America and different resources.
For now, the fate rests in the hands of the antitrust regulators and the Federal Communications Commission. Similarly, as with other mergers of this size, the government can block and review the merger, allowing it to continue as usual, or require Tribune and Sinclair to roll out changes before they continue.
However, Sinclair is now profiting incredibly from the FCC. Under Ajit Pai, its Republican executive, the organization has loose media rules on ownership. They will begin by adjusting how they count some stations towards a businesses footprint. That deregulatory move made Sinclair’s offer for Tribune fathomable.
Once blended, Sinclair could surpass the FCC’s limits of 39% national broadcasters. By a few measures, it could achieve 50 percent. However, it could remove some TV stations to stay below the limit. But Pai is also considering expanding the limit, which will give the company a major break.
But instead, the biggest challenge for Sinclair will likely be politics.
Sinclair stations seemed to have excellent access to Trump during the 2016 presidential election. Although they claim not play favorites, Jared Kushner, Trump’s aide, said that Sinclair made a deal with Trump’s campaign. However, Sinclair claims the deal didn’t happen.
Then months later, Boris Epsteyn, a spokesperson for Trump, became the chief political analyst for Sinclair.
However, the criticism of their conservative ties still continues after the election. They aired a documentary days before the 2004 election that criticized Democratic John Kerry’s military record.