SBG close to buying all Tribune TV stations

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Big Red Machine
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Re: SBG close to buying all Tribune TV stations

Post by Big Red Machine » Tue Aug 08, 2017 8:04 am

Laviemarg wrote:
Mon Aug 07, 2017 7:10 am
I don't understand why Sinclair didn't cool it with the Boris' segments and such. If you are going to be biased, don't rub it in people's faces before the FCC approves your merger.
Yeah. It's just common sense to cool down something that might get you heat until your deal goes through. It's not like they won't be able to put them back on after the merger. To connect this to ROH a bit, there does seem to be a culture of stubbornness in place at SBG, which is bad news for ROH both in terms of it decreasing the likelihood of a booking change and also in terms of a general lack of common sense on things.

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AlexROH
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Re: SBG close to buying all Tribune TV stations

Post by AlexROH » Tue Oct 24, 2017 9:14 am

Tribune Media shareholders have approved $3.9B Sinclair merger, vía http://www.fiercecable.com/broadcasting ... air-merger:
Against a backdrop of rising opposition to its proposed $3.9 billion merger with Tribune, at least one thing is looking up for Sinclair as Tribune shareholders “overwhelmingly” voted in favor of the deal.

Among Class A and Class B stockholders in the company, 73,566,589 votes for the merger while 182,337 voted against (341,265 abstained). Roughly 85% of Tribune shares were represented in the vote, which swung more than 99% in favor of the transaction.

"Today's vote is an important milestone in the merger process and confirms that Tribune stockholders strongly support this transaction and the value it delivers," said Tribune Media CEO Peter Kern in a statement. "We look forward to continuing our work with Sinclair toward the closing of this deal."

On the same day Tribune shareholders signed off, the FCC decided to extend the review period for the deal by about two weeks. The commission will continue accepting comment on the deal until Nov. 2, pushing back the original deadline set by the agency’s traditional 180-day shot clock on merger reviews.

The decision to pause the review arrived as groups like the Save Local Media Coalition—representing Dish Network, the American Cable Association, the Competitive Carriers Association and others—have heightened their rhetoric around the deal’s potential harm to public interest and media industry competition.

“Throughout this process, Sinclair and Tribune have failed to provide adequate justification that this merger is in the public interest and have not answered questions raised by the FCC and other parties in this proceeding. In this comment period, the FCC, as well as the Department of Justice and other parties, should pay close attention to the serious concerns that continue to be raised. This merger should be denied,” the Save Local Media Coalition said in an email statement.

Meanwhile, conservative news publications Newsmax has ramped up its opposition to the deal, even recruiting Democratic lawyer and advocate David Goodfriend to pen an op-ed in which he concurs with Newsmax CEO Chris Ruddy and accuses Sinclair of ushering out local sportscasters.

“That’s right, hell hath frozen over and pigs are flying overhead because Ruddy and Goodfriend agree that the Sinclair-Tribune merger would stink for everyone, especially sports fans who want nothing more than to watch their favorite local high school, college, and professional teams on television—with local sportscasters calling the plays,” Goodfriend wrote.

famicommander
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Re: SBG close to buying all Tribune TV stations

Post by famicommander » Tue Feb 06, 2018 1:39 pm

Seems like this will finally go through soon.

http://variety.com/2018/film/news/sincl ... 202687573/

Sinclair is going to seek waivers to avoid having to sell stations in markets where they would have more than one station. The fact that they're trying to do this would indicate they are confident the deal is going to go through in the first place, as part of the original deal was them selling the stations. No point in them applying for an additional waiver if they had any inclination that the FCC or Justice Department would reject the whole deal.

Laviemarg
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Re: SBG close to buying all Tribune TV stations

Post by Laviemarg » Thu Feb 15, 2018 10:26 am

The FCC's Patel is now being investigated, related to potential Sinclair favoritism. This will delay the deal, and even if it closes, it can be contested. We'll get Sinclair's take at the investor call later in the month.

http://www.broadcastingcable.com/news/w ... une/171830

https://www.nytimes.com/2018/02/15/tech ... t-pai.html

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The Dragon Saga
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Re: SBG close to buying all Tribune TV stations

Post by The Dragon Saga » Fri Feb 16, 2018 3:45 am

From this side of the planet America as a whole appears to be bat shit crazy.
Image

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supersonic
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Re: SBG close to buying all Tribune TV stations

Post by supersonic » Fri Feb 16, 2018 4:17 am

The Dragon Saga wrote:
Fri Feb 16, 2018 3:45 am
From this side of the planet America as a whole appears to be bat shit crazy.
Nonsense. None of our citizens have a sense of entitlement in which they cherish holding on to the things they desire even as those things cause externality burdens to pile up.

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Wilson
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Re: SBG close to buying all Tribune TV stations

Post by Wilson » Fri Feb 16, 2018 3:18 pm

America's run by lobbies and """benevolent""" plutocrats. We're even back to practically having our news being controlled by press barons again. To add to that, the political apparatus of the people just looks to be dismantled more and more everyday. And then their's our elected officials--it's completely exhausting.

Can't wait to hear which particular portions of the media will attempt to "report" on the integrity of the Department of Justice for their mounting investigations.

famicommander
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Re: SBG close to buying all Tribune TV stations

Post by famicommander » Fri Feb 16, 2018 3:23 pm

They're not my elected officials. I didn't elect any of them. Nor would I spit on them if they were on fire.

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Wilson
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Re: SBG close to buying all Tribune TV stations

Post by Wilson » Fri Feb 16, 2018 4:07 pm

I guess I should also say that given how volatile political conversations can be, explicit dialogue might be a little much for our small staff here to moderate. Generally, I like expressing political identity and possibility, but I'm likely to tamp down on real contested issues because I don't want to see things get messy.
famicommander wrote:
Fri Feb 16, 2018 3:23 pm
They're not my elected officials. I didn't elect any of them. Nor would I spit on them if they were on fire.
Saying all that, I should probably give this just the lightest edit to round off any rough edges, but alsooooo . . . show me the lie, though.

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supersonic
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Re: SBG close to buying all Tribune TV stations

Post by supersonic » Fri Feb 16, 2018 7:41 pm

Abortion, gun control, police brutality, and gender self-identifying public restrooms.

Go.

Big Red Machine
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Re: SBG close to buying all Tribune TV stations

Post by Big Red Machine » Sat Feb 17, 2018 8:41 pm

How about we just steer this back to the actual topic at hand, so... we all agree that a delay is worse for ROH, right?

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