FCC Chairman Ajit Pai Has 'Serious Concerns' About Sinclair-Tribune Merger
July 18, 2018
Sinclair Broadcasting’s proposed $3.9 billion acquisition of Tribune Media has raised “serious concerns” at the Federal Communications Commission about the amount of control the combined company would have over the U.S. television market, said Ajit Pai, the agency’s chairman.
Pai said Monday that he intends to send key parts of the deal to review by an administrative law judge, which is typically the first step the FCC takes when it seeks to block a deal.
The merger would consolidate Sinclair’s position as a major conservative broadcasting entity, adding dozens of media stations to its roster. Its original merger proposal, if approved, would have given Sinclair access to 72 percent of television households in America, far surpassing a national ownership cap of 39 percent.
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