Beleaguered owner of St. Louis and Moline stations sold to hedge fund Financial hedge fund owner Standard General announced Tuesday it has acquired Virginia-based Tegna, Inc. for $8.6 billion. The deal means the company is being taking private, so it would no longer be trading on Wall Street. An affiliate of Standard General will pay $24 for each […]
Sinclair’s plans for world domination accelerates while the rest of broadcasting industry stays silent By now, everyone knows Sinclair Broadcasting has a right-wing bent in its newscasts, and panders to the Trump administration. But what they’re doing may put the nail in the coffin of local television- and linear television in general. Sinclair recently ordered its news stations to read […]
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