Sinclair Broadcast Group’s singularly nasty breakup with Tribune Media may put a serious damper on the conservative-leaning broadcast giant's ability to expand, despite its persisting hunger to do so. Sinclair insists it will press on with business as usual and is already eyeing other acquisition targets in its bid to expand into a full-fledged conservative media titan on par with Fox News.
Changes in decades-old broadcasting rules, combined with new types of competition in news and entertainment, are creating a drama-filled free-for-all as local US broadcasters consolidate. Consolidation will inevitably mean that fewer voices reach more people, but some in the industry argue it's the only way local broadcasting will be able to compete with big tech. Of all TV news products, local television still has the largest audience by far compared to national and cable. But it's also been hit with the greatest decline among the three types of traditional TV.
Friday, August 10, 2018
The Trump administration’s decision to impose tariffs on Canadian newsprint is hastening the demise of local newspapers across the country, forcing already-struggling publications to cut staff, reduce the number of days they print and, in at least one case, shutter entirely. A Charles River Associates study undertaken on behalf of a coalition of printers, publishers and paper suppliers projects that American newsprint prices will increase more than 30 percent in the next one to two years, and that newspapers and printers will face an increased cost of roughly half a billion dollars from the
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