Corporate Greed May Have Killed Sinclair Deal

Apparently, the bean counters at Sinclair Broadcast Group are uncertain about the definition of divestiture. The sell-off of some stations in the merger with Tribune Media include provisions which effectively keep Sinclair in control of these stations after the sale. The FCC expected Sinclair to sell these stations, with the new owners having control. Under the terms of these offers, Sinclair is still at the helm and making money from the stations they are supposedly divesting. Seems a little shady? The FCC agrees. This could be the nail in the coffin for the merger of Sinclair and Tribune. One way or the other, many believe FOX will go through with the purchase of certain major market stations that hold NFL broadcast rights. In Seattle, that is KCPQ 13, a FOX affiliate, currently owned by Tribune Media. The people at Sinclair’s Seattle station, KOMO 4, are probably a bit nervous about their future. Just being employed by Sinclair would keep you awake at night. That time should be spent in preparing an up-to-date resume and skimming trade publications for available openings at other stations.
As for the Sinclair-Tribune merger, I am reminded that Donald Trump is friendly with the corporate bigwigs at Sinclair. Maybe that is their ace in the hole.