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Sinclair Teams Up With Weather Channel’s Parent Company In Deal(abbr.)
Ad Week ^ | Aug. 23, 2019 | A.J. Katz

Posted on 08/26/2019 5:14:06 PM PDT by ConservativeStatement

Local broadcast station juggernaut Sinclair has officially completed a $10.6 billion deal to acquire 21 regional Fox Sports networks that Disney had previously absorbed in the landmark $71.3 billion deal it struck with 21st Century Fox on March 20.

After making the adjustment for minority interests, Sinclair is saying that the final purchase price for the RSNs is $9.6 billion.

(Excerpt) Read more at adweek.com ...


TOPICS: Business/Economy
KEYWORDS: corporatemedia; foxsports; sinclair; tv
$10.6 billion deal
1 posted on 08/26/2019 5:14:06 PM PDT by ConservativeStatement
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To: ConservativeStatement

Funny how leftists hate all giant corporations except corporate media.


2 posted on 08/26/2019 5:22:34 PM PDT by TigersEye (This is the age of the death of reason.)
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To: TigersEye

Leftists hate Sinclair every bit as much as Fox News.


3 posted on 08/26/2019 5:24:51 PM PDT by lodi90
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To: lodi90

They get all of their “information” from media corporations just as big as this one.


4 posted on 08/26/2019 5:27:18 PM PDT by TigersEye (This is the age of the death of reason.)
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To: ConservativeStatement

Wasn’t this Sinclair deal expected to have happened last year? Maybe this is unrelated.


5 posted on 08/26/2019 5:28:18 PM PDT by lee martell
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To: lodi90

The Smith family that is Sinclair is Baltimore-based and the men in charge are very conservative.


6 posted on 08/26/2019 5:35:05 PM PDT by VietVet876
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To: lee martell

The way I understand it, Disney bought 21st Century Fox earlier this year but had to relinquish some per a court order in part due to its ownership of ESPN. Sinclair purchased those sports outlets that were on the market and it has now been approved.


7 posted on 08/26/2019 6:02:59 PM PDT by ConservativeStatement (God Bless America. Thank you, Kate Smith!)
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To: ConservativeStatement

8 posted on 08/26/2019 6:30:00 PM PDT by Phil DiBasquette
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To: ConservativeStatement

Byron Allen is a good guy.

He financed the Chappaquiddick movie.


9 posted on 08/26/2019 8:01:36 PM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: ConservativeStatement

Too bad they don’t take over The Weather Channel and actually give us the local weather and radar “on the 8s” instead of all these incessant replays of stupid shows.

Nothing more frustrating than seeing alerts, with emergency tones, for your area crawling across the screen and some repeat of an idiotic “It Could Happen Tomorrow” show or a commercial that funds it instead of broadcasting a current radar loop.


10 posted on 08/26/2019 8:37:12 PM PDT by Roccus (When you talk to a politician...ANY politician...always say, "Remember Ceausescu")
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