In a deal that will allow one broadcasting company to reach 72 percent of U.S. households through ownership of local news stations, it was reported this week that Sinclair Broadcast Group is buying Tribune Media for nearly $4 billion. Such a move wouldn’t have been possible a few weeks back, but Donald Trump’s new Federal Trade Commission (FCC)
Following New FCC Rules, Massive Corporate Consolidation Of Local News Underway
Such a move wouldn’t have been possible until Trump’s new Federal Trade Commission chairman, Ajit Pai, began implementing sweeping changes to previously established media ownership rules.