Sinclair, Tribune Close to Merger Deal

Discussion in 'General TV' started by MidwestTV, Mar 15, 2017.

  1. Megatron81

    Megatron81 Assignment Editor

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    Nexstar paid Meredith $60 Million got first rights to buy the overlaps but Meredith didn't buy any of the 6 stations that Nexstar sold off in there overlap markets with Media General.
     
  2. Raymie

    Raymie Station Group CEO

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    The most consequential filing I see is a request for a time extension by Dish, Public Knowledge, and the American Cable Association. They believe the applications are insufficient to determine if the merger is in the public interest. A few highlights:

    "This transaction presents substantial competition and media law questions at both the national and local level. At the national level, Sinclair proposes to create the single largest operator of local broadcast stations in the country. The combined Sinclair-Tribune entity would have substantial interests in broadcast stations covering over 70 percent of the nation’s population, an unprecedented single ownership footprint for broadcast media and an outcome that raises important issues of both localism and competition. It would also violate the national ownership cap ... In addition, the two groups overlap in a number of markets, and the Applicants have failed to detail how they propose to address such overlaps. ... Beyond the media ownership rules, the increased national and local presences raise material competition issues in other areas, including with respect to Sinclair’s increased retransmission consent bargaining power in its dealings with multichannel video programming distributors (“MVPDs”)."

    There are already somewhere around 15 petitioners, though I could not tell you how many have standing. There were just four objecting parties to the Allbritton acquisition.
     
  3. okcnewsman

    okcnewsman Managing Editor

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    The part where it talks about the overlapping markets I believe have a valid point and how many in total have made objections to this merger? Regardless of the number of parties making objections, I think it would be a cause for the DOJ Antitrust unit and the DOJ itself to tell Sinclair and Tribune "either divest stations in the overlapping markets or face the rejection of this merger!" I believe that's the most objections to the merger I've seen in a long time, how many objections were made when Sincliar bought Fisher and when then-Gannett (now TEGNA) bought Belo?
     
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  4. Megatron81

    Megatron81 Assignment Editor

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    I agree as well the overlap that is why I think Sinclair can't do the shell game with Tribune merger since there so big. This is all but a done deal since I don't see DOJ or FCC rejecting the merger both tell Sinclair has to divest at least the 10 stations.
     
  5. GoldenShine9

    GoldenShine9 News Director

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    As well as enough to affect the national cap. I know two cable interests gave a rebuttal clearly mentioning such as well in the docket, and they are the only ones with actual standing right now.

    Like it or not, there is no legislation on the books at all that prevents a broadcast company from having a right-wing (or left-wing) agenda or taking partisan stances. If another company wanted to be actively liberal and hire social activists, they would only face the wrath of viewers in declining ratings, not any legal challenges. Hence any denial requests on that alone (so far there are 18) have no standing.
     
    #1105 GoldenShine9, Jul 15, 2017
    Last edited: Jul 15, 2017
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  6. Eat News

    Eat News Station Group CEO

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    Yes...
    And unfortunately broadcaster feel they can only be competitive by taking a side.

    Polls show the country in a just about even split...so a broadcaster has a 50/50 chance of pleasing the viewer with some kind of slant.

    It's the new era in which we are living in.
    Who would have thought 1 year ago that MSNBC would actually be hitting some ratings goals?

    Things can pivot now in a matter of day and sometime hours.

    If Sinclair takes a ratings dump because of the opinions then so be it.
    If MSNBC hits ratings gold in the Trump admin then more power to them.

    It's about ratings and cash flow...dem or repub it's all the same.

    The are NO morals involved...none.
     
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  7. Georgie56

    Georgie56 Managing Editor

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    Here's Stelter and Zurawik talking about Sinclair on CNN this morning (albeit a pretty short segment)

     
  8. Myron Falwell

    Myron Falwell Director of Graphic Blandishment and Chroma Cues

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    For David Zurawik - by no means a hyperpartisan figurehead - to take this stand says a lot.
     
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  9. Raymie

    Raymie Station Group CEO

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    One petitioner threw in a statement about net neutrality and talked zero about the actual docket. Good grief.

    On Friday a protective order was released protecting confidential information, like retrans agreements — bog standard in this case.
     
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  10. bhratbrat

    bhratbrat News Director

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    I did put in a statement as well about this talking about too much market reach for one broadcaster.
     
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  11. Raymie

    Raymie Station Group CEO

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    I'm not petitioning or filing an informal objection. I have no standing, and I know it. Let the people who actually live in the affected markets file.
     
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  12. GoldenShine9

    GoldenShine9 News Director

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    Me either, but if I did, it would clearly focus on the overlaps and overall reach. In the Sinclair markets, there are generally 2 or 3 other news operations they can turn to if they don't like the right-wing agenda. Sinclair also has very few market-leading stations given the number of markets they are in, even in rock-ribbed conservative areas they often are laggards.

    I know many hard left-wing types are tying Fox local stations into that agenda too, but the Fox O&O's don't seem ideologically like Fox News - there is a clear difference between them.
     
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  13. Raymie

    Raymie Station Group CEO

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    KSAZ only bends very slightly right, and usually on the national packages ("Had Enough?" left the building years ago). But that could be Kari Lake being an airhead/the station sometimes running "social media" reports that put Millennials in a bad light.
     
  14. AJClementeFan69

    AJClementeFan69 Forum Contributor

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    They don't tilt as far-right, but there's been a noticeable shift since the standardization started IMO. It's not as pervasive as SBG by any means.
     
  15. mrschimpf

    mrschimpf Managing Editor

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    In Milwaukee about the only thing affected would be WITI having to take must-carry segments (and they'll be easily buried in the middle of ad segments on Wake-Up and the 11am news easily or right after their feature segments, since WITI already shovels Tribune's tech update promo in that show; Evil Boris, the Terror Existence Reminder Desk and Mark Hyman will go between their local feature segment and entertainment rundowns at 9pm); WVTV and WCGV (or what will now be known as the 'My 24 intellectual unit' after the license is turned in) are sponges for Sinclair's other must-carry shows (don't expect WITI to take Full Measure, especially pre-gaming before the NFL; they've already shoved NFL Kickoff to their .2) and WITI has a good physical plant which will handle WVTV/WCGV easily. Although there's plenty of other market issues, I honestly have never had problems with Sinclair's Milwaukee operations; they communicate schedule changes very well and have few on-air technical hiccups to speak of.
     
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  16. mre29

    mre29 AM Anchor

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    That's way too wordy. I propose we simply call it the Fear Desk.
     
  17. televisionguy16

    televisionguy16 AM Anchor

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    There's so many other reasons and that's the only one they can come up with.
     
  18. TheOneManHerd

    TheOneManHerd Health Team

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    How about just calling it "Boo!"
     
  19. CircleSeven

    CircleSeven Midnight Presenter

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  20. Georgie56

    Georgie56 Managing Editor

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    He's just straight up bullshitting at this point.

    And just because you say FACT in all caps doesn't make it true.
     
    #1120 Georgie56, Jul 18, 2017 at 3:55 PM
    Last edited: Jul 18, 2017 at 4:02 PM
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