Robert Reed

Why there are big local problems with Sinclair-Tribune Media's national deal

Why there are big local problems with Sinclair-Tribune Media's national deal

It's a big corporate deal that just doesn't pass the smell test.

I'm referring to Sinclair Broadcast Group's estimated $4 billion bid to acquire Chicago-based Tribune Media. The proposed acquisition includes the iconic WGN-TV and a raft of other broadcast properties scattered throughout the country.

If completed, Sinclair will control a whopping 233 TV stations that reach 72 percent of U.S. households. The transaction, which includes Tribune Media's 42 stations, radio station WGN-AM and other assets, is being reviewed by the Federal Communications Commission and the Justice Department's antitrust unit.

Although its backers are hoping for fast-track approval, Sinclair's...

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