Sinclair Broadcast Group has answered Tribune’s lawsuit over their failed merger with a countersuit.
Company calls Sinclair's divestiture actions 'a blatant violation of merger agreement'
UHF discount means that only half of a UHF TV station's audience counts towards the 39% national ownership cap.
It could allow Sinclair's proposed merger with Tribune to go through even if a court decision ultimately reverses the FCC's UHF discount decision.
Standard Media is the big winner with nine stations in seven markets
The FCC has yet to restart its informal shot clock on reviewing the proposed $3.9 billion merger of Sinclair Broadcasting and Tribune Media.
The FCC's Inspector General late last year agreed to open an investigation into FCC chair Ajit Pai's handling of the Sinclair Broadcasting-Tribune Media merger and related media ownership deregulatory decisions.
In a recent blog post, Sinclair’s VP of engineering Harvey Arnold said critics of the proposed merger between Sinclair and Tribune are wrong when they suggest the company would use its new size to delay the repack of TV stations.
Another shot at the proposed Sinclair-Tribune merger has been fired, this time by the public interest group Public Knowledge.