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How a quiet right-wing TV behemoth just got super-sized, thanks to Trump

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How a quiet right-wing TV behemoth just got super-sized, thanks to Trump

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One of the most dominant and far-reaching media companies in U.S. history just got even bigger, and there's a chance it could affect the way huge swaths of people get news — but there's a good chance you've never heard of it. 

This is why.

Meet Sinclair.

Sinclair Broadcasting just acquired Tribune Media Company for $3.9 billion (plus $2.7 billion in debt). The deal means that Sinclair now owns more than one-third of all local TV stations in the U.S., a dominance rarely seen before — because it was illegal. 

Illegal? Owning TV stations?

Yup! The U.S government's chief media regulator (the Federal Communications Commission) previously had rules in place preventing any one company from owning too many local TV stations. And those rules were thrown out the window in April under the leadership of Ajit Pai, the FCC's new Donald Trump-appointed chairman. He's been leading the repeal of various FCC regulations, including rules that prevented internet service providers from collecting data on users (he's also the guy leading ongoing efforts to roll back net neutrality). Read more...

More about Fcc, Donald Trump, and Business

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