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Radio News: Sinclair buys Tribune Media, creating nation's largest TV network
May 08, 2017 11:34 pm
The New York Times and others report that Sinclair Broadcasting bought Tribune Media for $3.9 billion. That adds 42 more stations to the largest owner of local television stations in the United States, currently with 173 stations in 81 markets (including WRGB Channel 6 and WCWN 45 in Albany). Most notably, though, the deal includes WGN, the Chicago superstation which is carried by many cable packages nationwide. The New York Times writes that, "Sinclair has shown a willingness to use its 173 stations to advance a conservative-leaning agenda." With WGN and all those local stations, Sinclair could now create a rival conservative news network to compete against the suddenly struggling Fox News Channel.