The Federal Communications Commission on Friday asked Sinclair Broadcast Group Inc. to amend or withdraw its plans to use so-called sidecar companies as part of its acquisition of Allbritton Communications Co.’s TV stations, an unusual level of scrutiny for a tactic that has helped fuel broadcast-industry consolidation.
The agency made the request in a letter to Sinclair’s lawyers. In the Allbritton deal, Sinclair proposed to spin off several stations into separate entities known as sidecars, a move that would allow it to…
Continue reading here: FCC Asks Sinclair to Revise ‘Sidecar’ Plan
沒有留言:
張貼留言