Jump to content

Sinclair and Tribune Part 2: The Redux


Weeters

Recommended Posts

  • Replies 868
  • Created
  • Last Reply

David Zurawik from The Baltimore Sun, who's been covering Sinclair for almost three decades said it best.

The head of the company you were about to partner with for the last 15 months and the chair of the FCC are both calling you shady — and one of them is willing to take on the president of the United States who appointed him and the other is going to court to prove it in what is sure to be a long and costly process.

 

And that is only the start of of Sinclair’s woes on this the first day of the rest of its corporate life after flying to close too sun and falling to earth in a ball of molten wax.

Link to comment
Share on other sites

I don’t know how long this plays out in court, but I suspect FOX stays away from Trib until it does, meaning they’re screwed in getting what they want out of this, potentially for a long while.

 

If FOX is dead set on buying the stations they want from the Tribune, then they will simply try again (later this year/early next). The question is not if, but when. The cash cows (FX, Nat Geo, 21st Century Fox film division, etc..) are going to disappear soon, so they won’t be able to draw money/resources from them to help pay for stuff like this.

 

And if Trib gets all one billion dollars out of this, that’s a lot of spending money and they could potentially become buyers.

 

It seems clear that the owners/creditors of the Tribune don’t want to be in the TV biz anymore, so they won’t be buying anything. Whatever money they get out of this lawsuit will likely go to paying down their debt. The only thing I could see happening is that they become super lean (own just 5-10 stations) and sell everything else. But even that seems like a long shot.

Link to comment
Share on other sites

I'm actually shocked that they didnt blame liberals or Democrats in that release.

Probably because it's obvious that they only have themselves to blame. Support from Trump, and a Trump-appointed FCC chair who was helping pave the way for them, and they still screwed it up.

Link to comment
Share on other sites

Probably because it's obvious that they only have themselves to blame. Support from Trump, and a Trump-appointed FCC chair who was helping pave the way for them, and they still screwed it up.

 

POTUS shouldn't be endorsing certain media companies to begin with.

Link to comment
Share on other sites

Probably because it's obvious that they only have themselves to blame. Support from Trump, and a Trump-appointed FCC chair who was helping pave the way for them, and they still screwed it up.

 

Yeah. This is pretty much the equivalent of striking out in a tee-ball game.

Link to comment
Share on other sites

I wonder how they're feeling in the McCurry Heights section on OKC this evening? It's probably joy on East Britton Road and a oh well on East Wilshire Blvd.[ATTACH]6304[/ATTACH]

 

Wow those stations are kind of out on the edge of town. Is that just a legacy of where big sticks go in a place like Oklahoma?

Link to comment
Share on other sites

Wow those stations are kind of out on the edge of town. Is that just a legacy of where big sticks go in a place like Oklahoma?

They've always been that way for years. All of the major OKC TV stations are located on the North side of OKC, also if you ever go by the John Kilpatrick Turnpike, there are all of the TV towers from the big four TV stations in OKC

Link to comment
Share on other sites

Maybe after the midterms, Sinclair will burrow themselves into the ground just like they did in 2006 after the tables turned...and Mark Hyman's "The Point" commentary went away...

 

Hopefully the judicial process will be well underway, and all of the scathing details will begin to be uncovered for all of the "fake news" outlets to proclaim....

Link to comment
Share on other sites

Long-shot, but considering the breach of contract allegations on Tribune's part regarding Sinclair, could this be the opening act of Sinclair possibly going the way of RKO General (particularly if similar or worse actions are uncovered)?

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.


×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue. By using TVNewsTalk you agree to the Terms of Use and Privacy Policy.