Sinclair Broadcast : Federal Communications Commission Denies Motion for Extension and Additional Information in Sinclair-Tribune Merger
August 07, 2017 at 11:56 pm IST
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August 7, 2017
NEWS RELEASE
Contact: Barry Faber, Executive Vice President, General Counsel, Distribution and Network Relations
(410) 568-1500
Federal Communications Commission Denies Motion for Extension and Additional Information in Sinclair-Tribune Merger
BALTIMORE (August 7, 2017) - On August 3, 2017, the Federal Communications Commission ('FCC') issued an Order denying a Motion for Additional Information and Documents and Extension of Time filed by DISH Network, LLC ('Dish'), American Cable Association ('ACA') and Public Knowledge (together the 'Movants') related to the Public Notice seeking comment on the joint applications of Tribune Media Company ('Tribune') (NYSE: TRCO) and Sinclair Broadcast Group ('Sinclair') (Nasdaq: SBGI) related to Sinclair's pending acquisition of Tribune.
The FCC dismissed and denied the Motion of the Movants. Pursuant to the Order, the FCC agreed that there was no justification to extend the petition to deny period, the additional confidential information requested was not needed to file a petition to deny, and it was premature to extend the reply period before petitions to deny or oppositions have even been filed. The FCC action does not mean that the Movants cannot file against the deal and it is expected that they will.
About Sinclair:
Sinclair is one of the largest and most diversified television broadcasting companies in the country. Pro forma for all pending and previously announced transactions, the Company will own, operate and/or provide services to 233 television stations in 108 markets. The Company has multiple emerging networks as well as being affiliated with all the major networks. Sinclair is a leading local news provider in the country and a producer of live sports content. Sinclair's content is delivered via multiple-platforms, including over-the-air, multi-channel video program distributors, and digital platforms. The Company regularly uses its website as a key source of Company information which can be accessed at www.sbgi.net.
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SBG - Sinclair Broadcast Group Inc. published this content on 07 August 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 August 2017 18:24:06 UTC.
Original documenthttp://sbgi.net/pr-news/federal-communications-commission-denies-motion-for-extension-and-additional-information-in-sinclair-tribune-merger/
Public permalinkhttp://www.publicnow.com/view/37981990982A96D3B41B91F708775293607CC135
Sinclair, Inc. is a diversified media company and a provider of local news and sports. The Company operates through two segments: Local Media, and Tennis. Its Local Media segment is comprised of its television stations. It produces more than 2,400 hours of news per week at 115 stations in 73 markets. Its Tennis segment primarily consists of Tennis Channel, a cable network which includes coverage of many of tennis' top tournaments and original professional sports and tennis lifestyle shows. Its content is delivered via multiple platforms, including over-the-air, multi-channel video program distributors, and the streaming aggregator of local news content, NewsON. The Company owns, operates and provides services to 185 television stations in 86 markets affiliated with all the various broadcast networks, and owns Tennis Channel and multicast networks Comet, CHARGE!, TBD., and The Nest. The Company also owns and provides services to 21 regional sports network brands.