Sinclair Broadcast Group will pay a $48 million civil penalty to settle lawsuits stemming from an attempted merger of Tribune Media in 2018. Sinclair will be paying the penalty and has agreed to “abide by a strict compliance plan” to…
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Nexstar Set to be Largest Local Television Station Operator After Merger
by Tyler Haleby Tyler HaleNexstar Media Group is poised to become the largest local television station operator in the country following the Federal Communications Commission’s approval of the company’s acquisition of Tribune Media. The $4.1 billion transaction was approved today in a 3-2 vote…