Hints and tips:
...Kern translates this into the words of Lionel Richie, his favourite judge from the television show American Idol: “There is no losing. There is only winning or learning”....
...The deal this week is also a remarkable coup for David Zaslav, Discovery’s hyper-ambitious television boss who has catapulted himself to the top of the food chain in entertainment....
...Satellite television subscribers across America face being cut off from free-to-air programming, including this weekend’s Super Bowl, in a dispute over access to 33 local channels bought last month by the...
...The company last year tried to buy rival Tribune, but the deal was ultimately scuppered by regulators....
...Tribune’s earlier deal to sell itself to Sinclair required the rival conservative broadcast powerhouse to sell nearly two dozen television stations....
...Last year’s consolidation culminated in Nexstar’s $4.1bn purchase of Tribune Media, a television company which was spun out of the group that owns newspapers such as the Los Angeles Times....
...local television stations after divesting them....
...Sinclair, which owns 173 television stations in small and midsized markets around the US, announced in May to acquire Tribune and its 42 stations, which are mostly in bigger US media markets, including Los...
...Sinclair has argued that the acquisition of Tribune would help “shore up” the local television market, which it said had been “buffeted by well-known economic challenges”....
...Sinclair, seeking to assuage regulator’s concerns, agreed to sell nearly two dozen television stations this year....
...Sinclair needs to make divestments to garner regulatory approval for its $3.9bn pact to buy Tribune....
...Meredith, owner of Better Homes and Gardens, also last year bought Time Inc for $2.8bn, absorbing titles such as Time and People. Rodale, the publisher of Men’s Health, was snapped up by Hearst....
...It created a surrogate reality expounded by conservative publishing houses, radio programmes, magazines, book clubs and television shows....
...Fox is selling its international assets, including its stake in Sky in the UK, as well as its US cable television channels and Hollywood movie studio....
...It may now look for opportunities to snap up other TV assets, for example if Meredith Corporation spins off its 17 local stations following its $2.8bn acquisition of magazine publisher Time Inc....
...A previous foray into media fizzled: in 2013, they explored buying eight regional newspapers owned by the Tribune Company (now known as Tronc), including the Los Angeles Times and Chicago Tribune, but ultimately...
...The deal is subject to Sinclair’s $3.9bn purchase of Tribune Media securing regulatory approval, which would make the right-leaning media group the largest owner of local television channels in the US with...
...Mr Bannon’s White House exit and Sinclair’s bid for Tribune come as conservative-leaning commentary is in flux....
...Sinclair Broadcast Group, the biggest US local television station owner, has struck an agreement to buy Tribune Media for $43.50 a share, valuing Tribune at about $3.9bn....
...Tribune, which owns a portfolio of US television stations, has a market capitalisation of $3.2bn....
...$3.9bn deal to acquire Tribune Media....
...Sinclair Broadcast Group, the biggest US local television station owner, has agreed to acquire rival Tribune Media for about $6.6bn, including debt, in a deal that is expected to be the first of many in...
...The previously obscure owner of local television affiliates scattered across the US made a splash in May when it announced that it would acquire rival Tribune Media, owner of 42 stations, for $4bn....
...Tribune owns 42 local television stations that affiliate with the national networks....
International Edition