High Tech > Government

FCC has ‘serious concerns' over Sinclair-Tribune merger that could block the deal

1 month ago   |   By The Verge

FCC chairman Ajit Pai said today that he has “serious concerns” about Sinclair's proposed merger with Tribune Media Company, which would create a uniquely enormous local TV broadcaster reaching nearly three-quarters of all US homes with TVs in them. Pai has proposed that the FCC refer select issues to an administrative law judge for a hearing “to get to the bottom” of the Commission's concerns.
Pai was vague on the specific issues, but it sounds like they relate to just how large the combined company would be. The FCC limits local broadcasters to reaching no more than 39 percent of US TV...
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FCC chair to kill Sinclair-Tribune merger - CNET

FCC chair to kill Sinclair-Tribune merger - CNET

1 month ago   |   By CNET

In a surprise twist, FCC Chairman Ajit Pai says he has "serious concerns" with Sinclair's proposed plan to buy Tribune.
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‘Serious concerns' at FCC threaten to halt Sinclair-Tribune merger

1 month ago   |   By TechCrunch

The FCC has been under serious scrutiny by citizens, advocates, and politicians alike due to its laissez-faire attitude towards, in particular, the proposed Sinclair Broadcasting merger with Tribune. But the agency is showing some backbone today with a no-nonsense declaration that the merger can't go through unless a few “serious concerns” are addressed. It's not the outright disapproval many have recommended, but it's better than an unconditional green light.
In a short memo posted to the agency's site , FCC Chairman Ajit Pai explained that even under his notoriously deregulatory regime...
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FCC has 'serious concerns' about Sinclair merger it helped engineer

FCC has 'serious concerns' about Sinclair merger it helped engineer

1 month ago   |   By Engadget

Sinclair's attempt to buy Tribune Media has raised many concerns in the past year, and not just among advocates concerned about its partisan message and potential for media dominance. The broadcasting giant has revamped its deal several times in a bi...
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Tribune Media plunges after FCC says it has 'serious concerns' about Sinclair's $3.9 billion purchase of the company

Tribune Media plunges after FCC says it has 'serious concerns' about Sinclair's $3.9 billion purchase of the company

1 month ago   |   By Business Insider

Sinclair's $3.9 billion takeover of Tribune Media may be in jeopardy.
Trading of Tribune stock was halted twice as it fell more than 17% Monday following comments from the FCC.
"Based on a thorough review of the record, I have serious concerns about the Sinclair/Tribune transaction," chairman Ajit Pai said in a statement.
Follow Tribune Media's stock price in real-time here.
Shares of Tribune Media plunged as much as 17% Monday after the Federal Communications Commission said it had serious concerns about its proposed acquisition by Sinclair Broadcasting Group.
"Based on a thorough review...
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