“Sinclair Broadcast Group has agreed to sell [WGN-TV] in Chicago and [WPIX-TV] in New York, both owned by Tribune Media Co. as part of its bid to win approval to acquire Tribune,” reports Reuters.
Sinclair wrote about the plans in “a filing on Wednesday with the U.S. Federal Communications Commission,” the story says, adding “Sinclair, which is already the largest U.S. broadcast station owner, announced plans in May to acquire Tribune’s 42 TV stations in 33 markets, extending its reach to 72 percent of American households, in a $3.9 billion deal.”
The article continues, “in a joint filing by the two companies, Tribune said it will file an application to sell WGN-TV in Chicago and WPIX-TV in New York ‘in order to come into compliance’ with FCC ownership rules. And Sinclair said it does not plan to acquire Tribune station KSWB in San Diego.”
Reuters also reports that “Sinclair said in the filing that to meet other ownership limits it will divest one or more stations in eight markets: Seattle; St. Louis; Salt Lake City; Oklahoma City; Greensboro-High Point-Winston Salem, North Carolina; Grand Rapids, Michigan; Richmond, Virginia; and Des Moines-Ames, Iowa.
“Sinclair said it is asking the FCC for consent to retain two stations in each of three markets in North Carolina, Pennsylvania and Indiana.”
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