Armstrong Williams got ‘sweetheart’ deal from Sinclair

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Conservative commentator Armstrong Williams, the longtime confidant of Trump Cabinet member Ben Carson, is set to get what he called “a good deal” — three local television stations from Sinclair Broadcasting Group for just a fraction of the market price. Williams is acquiring the three stations — in Seattle (WA), Salt Lake City (UT) and Oklahoma City (OK) — for $4.95 million. That’s some $45 million to $55 million less than what Justin Nielson, a senior research analyst who tracks the broadcast sector for the data and research firm Kagan, said he would have expected. And while Sinclair is shedding stations in hopes of improving its chances of obtaining approval for its mega-purchase of Tribune Media, the company’s recent moves to offer favorable deals to friendly buyers is raising further questions about how much control Sinclair is truly planning to cede, and whether the company is trying to skirt federal rules.


Armstrong Williams got ‘sweetheart’ deal from Sinclair