If a deal goes through, it would be the first major broadcast acquisition in the weeks since the FCC reversed a 2016 media ownership ruling, a decision that greatly expanded the number of TV stations a single entity can own. The acquisition of Tribune would make Baltimore-based Sinclair the largest TV station owner in the country, by reach and by total number of TV stations. It would expand the company’s presence for the first time into the top five TV markets of New York, Los Angeles, Chicago, Philadelphia, and Dallas. Sinclair at present owns or operates 173 TV stations, with Washington, D.C. (No. 7 overall behind San Francisco) as its largest market.
Bigger than NBC, CBS, ABC, and Fox. What could this sale do to Chicago media? It could take away our one local independent station, Chicago-institution WGN, and turn it into a news outlet to the right of Fox News. That is what Sinclair has done in previous markets. Their goal is to go after Fox News...from the right.