Sinclair Broadcast Group will partner with the owner of The Weather Channel to buy 21 regional sports networks and Fox College Sports from The Walt Disney Co. for $10.6 billion, the companies announced Friday.
Baltimore-area businesses weathered failed deals, layoffs, closings and restructuring in 2018. But some started new chapters by expanding or merging, and new development sprouted all over and one new industry spread like a weed.
After the collapse of the $3.9 billion Sinclair/Tribune merger, Sinclair will likely have its hand full fighting the $1 billion Tribune lawsuit and allegations of “misrepresentation” by the FCC. But merger opponents expect no change in the long run in the broadcaster's goals for growth.
Signage that long announced The Baltimore Sun’s presence near the city’s downtown core — reading “THE SUN” in massive letters visible from the Jones Falls Expressway — came down from the newspaper’s former headquarters on Calvert Street on Thursday, bound for storage.
Sinclair's image problem: The CEO of the company it was about to partner with and the chair of the FCC are both calling its conduct into question — and one of them is willing to take on the president of the United States who appointed him and the other is going to court to prove it.
Sinclair Broadcast Group continues to work with Tribune Media Co. to win approval of their controversial proposed $3.9 billion merger despite hitting a potentially deal-ending roadblock with federal regulators last month.
A law firm has filed an antitrust lawsuit against the nation’s five largest owners of local television stations, including Sinclair Broadcast Group, accusing them of artificially inflating the price of advertisements.
If anyone still thought President Trump didn’t see Sinclair in political terms as part of his media support system, his Tuesday night tweet denouncing the FCC for not granting approval for the Maryland company's purchase of Tribune Media should dispel that notion.
After more than a year, Sinclair Broadcast appeared to be close to finalizing its controversial deal to acquire rival Tribune Media for $3.9 billion when its apparent derailment was triggered by an unlikely key player - the head of the FCC.
In a document released Thursday, the Federal Communications Commission is raising questions about whether Sinclair Broadcast misrepresented parts of the proposed deal to acquire Tribune Media and whether the deal is in the public interest.
Fox Broadcasting Co. will buy some of the 23 Sinclair Broadcast Group television stations that the broadcaster will sell in its bid to win federal approval of its proposed multi-billion dollar takeover of Tribune Media.
Top executives at Sinclair Broadcast Group have close ties to Baltimore-area businesses whose leaders are buying two of the biggest market TV stations Sinclair has agreed to sell as it seeks federal approval to acquire Tribune Media for $3.9 billion,
Sinclair Broadcast Group is selling WGN-TV but seeking to maintain control of the station through a deal with the buyer in a bid to skirt ownership limits and win federal regulatory approval for its proposed $3.9 billion acquisition of Tribune Media.
Sinclair Broadcast Group has renewed a multi-year agreement with Nielsen TV ratings to measure its audience across the Hunt Valley broadcaster’s local stations, digital broadcast networks and national unwired network, the companies announced Thursday.
Opponents of Sinclair Broadcast Group's proposed acquisition of Tribune Media are reacting to reports that the Federal Communications Commission plans to fine Sinclair $13.3 million over undisclosed advertisements.
Maryland Attorney General Brian Frosh filed comments Friday with the Federal Communications Commission saying ownership by Sinclair would decrease consumer choices and diversity in the media marketplace.