Like it or not, American media consolidation could still be on the way in the wake of Sinclair's failed bid for Tribune Media. Reuters sources claim broadcasting giant Nexstar Media Group has reached a deal to buy Tribune for about $4.1 billion. The...
Nexstar is set to acquire Tribune Media for $4.1 billion
Like it or not, American media consolidation could still be on the way in the wake of Sinclair's failed bid for Tribune Media. Reuters sources claim broadcasting giant Nexstar Media Group has reached a deal to buy Tribune for about $4.1 billion. The...
Looks like we won't be hearing the end of that Sinclair and Tribune Media drama anytime soon, even though the merger is no longer happening. Sinclair is now counter-suing Tribune Media, accusing the company of trying to profit off of an unfortunate t...
More than a few people thought FCC Chairman Ajit Pai was acting suspiciously ahead of the failed Sinclair-Tribune merger. The regulator's Office of the Inspector General, however, would beg to differ. The watchdog has published a report determining...
Today, Tribune Media announced that it is no longer interested in Sinclair's $3.9 billion takeover. Furthermore, the company is filing suit against Sinclair for breach of contract, which asks for compensation for all of Tribune's losses as a result o...
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...
The heads of Viacom and CBS have discussed the prospect of merger, according to Reuters sources. Earlier this month, Viacom CEO Bob Bakish and CBS CEO Leslie Moonves reportedly had an exploratory talk about a potential merger and both companies' boar...
It didn't take long for the rumors to come true. Sinclair Broadcast Group has confirmed that it's acquiring Tribune Media for $3.9 billion. The deal is the largest in Sinclair's history, and will add Tribune's 42 American TV stations to Sinclair's 17...