Sinclair says Tribune merger needed because of Instagram
Sinclair Broadcasting cited a new feature rolled out by Instagram as leverage for its proposed multi-billion dollar merger with Tribune Media.
Sinclair Broadcast Group is a local broadcast and pay TV network company based in Baltimore, Maryland. The company owns or operates more than 190 television stations in 90 metropolitan areas; 23 regional sports networks; the Tennis Channel and Stadium.
Sinclair Broadcasting cited a new feature rolled out by Instagram as leverage for its proposed multi-billion dollar merger with Tribune Media.
Union employees at Fox stations in Cleveland and Sacramento could be out of a job if the Sinclair merger with Tribune Media goes through, according to a FCC filing.