Sinclair, Tribune Close to Merger Deal

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

  1. Williams1402

    Williams1402 AM Anchor

    Joined:
    Oct 4, 2017
    Messages:
    123
    Likes Received:
    43
    The state would’ve been half Democrat, half Republican. New York’s not that conservative.
     
    Megatron81 and atlnews2 like this.
  2. Osman

    Osman Health Reporter

    Joined:
    Sep 30, 2017
    Messages:
    67
    Likes Received:
    5
    Republicans can be just as Liberals as Democrats if they want to and having met New York Republicans they seem more Moderate or Liberal.Eric Ulrich is an example of a Liberal Republican and he is NYC Council Member same for Elise Stefanik the Congresswomen from Upstate
     
  3. Williams1402

    Williams1402 AM Anchor

    Joined:
    Oct 4, 2017
    Messages:
    123
    Likes Received:
    43
    That could be the case. From what I heard, New York is mostly a liberal state.
     
  4. Osman

    Osman Health Reporter

    Joined:
    Sep 30, 2017
    Messages:
    67
    Likes Received:
    5
    If you leave the Hudson Valley its gets more Republican or Conservative.
     
  5. GoldenShine9

    GoldenShine9 News Director

    Joined:
    Jun 14, 2013
    Messages:
    1,144
    Likes Received:
    376
    Can we get back on topic?
     
  6. nomadcowatbk

    nomadcowatbk Primary Anchor

    Joined:
    Feb 24, 2014
    Messages:
    208
    Likes Received:
    53
    and CA would be a red state -LA, and most the of Bay Area
     
    Osman likes this.
  7. Osman

    Osman Health Reporter

    Joined:
    Sep 30, 2017
    Messages:
    67
    Likes Received:
    5
    Pretty Much
     
  8. televisionguy16

    televisionguy16 Primary Anchor

    Joined:
    Jun 20, 2014
    Messages:
    222
    Likes Received:
    155
    Seriously. This is not the place to discuss politics.
     
  9. Williams1402

    Williams1402 AM Anchor

    Joined:
    Oct 4, 2017
    Messages:
    123
    Likes Received:
    43
    I'm sorry if this post may break the guidelines. I... just joined this site because I liked seeing news logos. So.. I'm not sure if I would continue posting here or not.
     
    #1589 Williams1402, Oct 12, 2017
    Last edited: Oct 12, 2017
    televisionguy16 and Osman like this.
  10. hmaxhanson

    hmaxhanson Future heir to Boris Epshteyn

    Joined:
    Feb 11, 2016
    Messages:
    70
    Likes Received:
    51
  11. hmaxhanson

    hmaxhanson Future heir to Boris Epshteyn

    Joined:
    Feb 11, 2016
    Messages:
    70
    Likes Received:
    51
  12. Weeters

    Weeters Director of Operations
    Administrator

    Joined:
    Nov 29, 2006
    Messages:
    2,973
    Likes Received:
    1,511
    Going to start thread banning people who are derailing this thread.

    No rants, no speculation, no wacky conspiracy theories. If you can’t say something rational, don’t say anything at all. Politics play an important angle in this story, but please keep it on topic and in the context of this deal.
     
  13. Osman

    Osman Health Reporter

    Joined:
    Sep 30, 2017
    Messages:
    67
    Likes Received:
    5
    New to this site will get use to the guidelines
     
    Megatron81 likes this.
  14. oklahomanewsman

    oklahomanewsman Managing Editor

    Joined:
    Aug 26, 2015
    Messages:
    485
    Likes Received:
    134
    The FCC could make a decision regarding media ownership rules which could delay any final decision on the merger until sometime next year https://www.newsmax.com/newsfront/fcc-sinclair-broadcasting-ownership/2017/10/13/id/819642/

    Here's a statement from Newsmax CEO Chris Ruddy:

    “Ajit Pai told me in my meeting that he has not decided to approve the merger first, that he may conduct a review of the ownership cap, I can confirm to you on the record that he told me that he had not decided and that he was open to doing the review first. And I encouraged him to do it."

    So we don't know if Pai is going to review the media ownership rules first or make a decision on Sinclair/Tribune first.
     
    Megatron81 likes this.
  15. Raymie

    Raymie Station Group CEO

    Joined:
    Oct 27, 2010
    Messages:
    3,364
    Likes Received:
    946
    At the very least that piece makes it clear that Ruddy has a stake in this.
     
    Megatron81 likes this.
  16. Williams1402

    Williams1402 AM Anchor

    Joined:
    Oct 4, 2017
    Messages:
    123
    Likes Received:
    43
    It depends on Sinclair. Who knows if they would be desperate to merge with Tribune to become more corrupt as possible. The media ownership rules on the other hand is fairly important, as it does goes over what Sinclair is doing to their owned news stations and their censorship.
     
  17. Megatron81

    Megatron81 Weekend Anchor

    Joined:
    May 7, 2017
    Messages:
    75
    Likes Received:
    6
    I really think it isn't going to get approved until 2018 so DOJ & FCC review merger to approve or not to approve. I just want the DOJ to say to Sinclair they have to divest the 10 markets no sidecars.
     
  18. Raymie

    Raymie Station Group CEO

    Joined:
    Oct 27, 2010
    Messages:
    3,364
    Likes Received:
    946
    Any intervening FCC action presents the risk of the Outside Date creeping up on the parties if they are not willing to extend that date.
     
  19. mre29

    mre29 AM Anchor

    Joined:
    Nov 29, 2006
    Messages:
    827
    Likes Received:
    292
    Remind me what the Outside Date is and what it means.
     
  20. CircleSeven

    CircleSeven Midnight Presenter

    Joined:
    Nov 29, 2006
    Messages:
    3,553
    Likes Received:
    531
    The Outside Date is the date in which both parties can terminate the deal without paying a breakup fee.

    The initial outside date for this deal is May 8th, 2018 (one year after the deal was announced). But if this deal doesn't get the greenlight from the FCC and/or the DOJ by that time, the parties agreed to extend the outside date by three months, to August 8th, 2018. But the deal has to get the greenlight by the Tribune shareholders by that May 8th date.

    Should they both want to break up before the outside date, Tribune has to pay Sinclair $135M.

    About this possible review, Pai did say after he brought back the UHF loophole in April, that he was planning on doing a review on the national ownership cap (including the discount). Whether he does this review before acting on this transaction (or even doing this review), that's pure speculation at least for now. That's why I said earlier on the speculatron that I take this with a huge grain of salt. I'll believe it when I see it.

    But whether he does this review or not, he still doesn't have the authority to modfiy the ownership cap himself. Both houses of Congress have the authority to do that. And should a review happens and it drags out, there's also that court case about the UHF discount that could start by those outside dates.

    And let me remind all of you that this possible review of the ownership cap is not the same as the Quadrennial Review, which reviews the local television ownership rules. That review might start next year.
     
    #1600 CircleSeven, Oct 16, 2017 at 9:37 PM
    Last edited: Oct 17, 2017 at 1:00 AM
    Marvin Dillweed likes this.

Share This Page