Fitbud
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RE: WHY CNN, NBC, PBS, MSNBC, ABC HAVE DECLARED WAR ON TRUMP
(05-21-2017 02:21 PM)ODU BLUE Wrote: This is worth a thread of it's own. With Sinclair Broadcasting expansion on the horizon NBC, CNN, MSNBC, ABC and PBS have billions of $$$$, power and cultural/political influence on the line.
The Murdochs have made a fortune bucking the MSM liberal bias with FoxNews. It's all about the money folks. In more ways than one the networks are just a tool of the political party that feeds them. FoxNews will even drop to number two in the ratings.
Quote:Sinclair Broadcast buys Tribune Media
On May 8th, just 18 days after a change in federal rules made the deal possible, Sinclair Broadcast Group announced that it would buy Tribune Media in a transaction worth $6.6bn, beating out interest from others including 21st Century Fox, which is owned by Rupert Murdoch. Sinclair will become America’s dominant owner of local TV stations.............................
The rule change on April 20th from the Federal Communications Commission (FCC), led by Donald Trump’s appointee as chairman, Ajit Pai, was crucial. For many TV stations, a change to the FCC’s calculation method lowered the number of households that they are deemed to reach. Even under the new rule, the combined Sinclair and Tribune business covers about 45% of households, which is over the current federal limit of 39%. Many believe Mr Pai will raise that cap...............................
Sinclair’s acquisition raised concerns among some media watchdogs and leftleaning commentators not just because of worries over concentrated ownership—most other TV-station groups reach less than 20% of American households—but also because of who the owner is. David Smith, the group’s executive chairman, is a conservative ally of Mr Trump who, critics say, puts his stations in the service of Republican causes. In December Jared Kushner, Mr Trump’s son-in-law and adviser, boasted that he had struck a deal with the firm to broadcast interviews with the president on its affiliates..........................
http://www.economist.com/news/business/2...ys-tribune
Sinclair Unveils Tribune Deal, Raising Worries It Will Be Too Powerful
https://www.nytimes.com/2017/05/08/busin...-sale.html
So Trump has nothing to do with it?
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05-26-2017 09:55 AM |
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