Business News Roundup, May 9
SFGate -

The company announced Monday that it will pay about $3.9 billion for Tribune Media and its 42 stations, which includes KTLA in Los Angeles, WGN in Chicago and WPIX in New York. Sinclair said it may have to sell some stations to comply with Federal Communications Commission rules, although the FCC has recently loosened rules related to media ownership. In all, Sinclair said its stations will reach 72 percent of all U.S. households with a TV once the Tribune and Bonten deals close. Jeffrey...

Loading...

Related Articles