The American Cable Association (ACA), which represents small- and medium-sized cable companies, also cheered Tribune's decision.
Tribune Media Co terminated its $3.9billion deal to be acquired by Sinclair Broadcast Group and filed suit, the company said on Thursday, after regulators objected to the acquisition that had received support from US President Donald Trump. "Unfortunately, Sinclair choose to follow a regulatory strategy reflecting its own self-interests, rather its contractual obligations", Kern said.
The $3.9 billion deal would have given Sinclair control of more than 200 local television stations broadcasting to 72 percent of the U.S. population, and the announcement of the proposed merger in May 2017 raised concerns about Sinclair's market dominance.
To attempt to satisfy the FCC, Sinclair had said last month it would not divest WGN and would seek to put the two Texas stations into a divestiture trust to be sold and operated by an independent trustee.
Tribune said in the lawsuit that the merger agreement included a clause that when seeking to divest stations, Sinclair would sell in a manner that would avoid "even the threat" of any regulatory review.
In a surprise move in July, however, Pai said he had "serious concerns" and suggested Sinclair was trying to hide anticompetitive practices in its proposed purchase and divestiture of certain stations.
In its hearing designation order, the FCC raised questions about potential "misrepresentation or lack of candor" in Sinclair's agreement to sell WGN-TV for $60 million to a Maryland auto dealer and longtime business associate of Sinclair Executive Chairman David Smith.
Subsequently, the FCC voted to subject Sinclair's divesture plan to a hearing before an administrative law judge, further delaying completion of the transaction.
A survey by the Washington Post in December 2016 showed that the coverage by Sinclair-run news outlets was "disproportionately" favorable to Trump in the election year. When the FCC shelved the deal, Trump said it was "So sad and unfair" that the agency in his administration wouldn't give its approval.
"This uncertainty and delay would be detrimental to our company and our shareholders".
Tribune formally shut down the deal on the same day it announced its quarterly earnings.
Sinclair owns or operates 173 broadcast TV stations in 81 markets, while Tribune has 42 stations in 33 markets.
This isn't meant to replace traditional balloting and troops will be able to cast paper ballots instead if they so prefer. While critics have been vocal in their condemnation of the technology, West Virginia seems intent on trying out the plan.
This is all assuming the Knicks are unable to find a trade partner for Noah, who has played just 53 games in two years with NY . The sides announced a "mutually" agreed upon indefinite leave for Noah on February 2, which he never returned from.
That being said, there is still some risk he withdraws in the middle of the tournament or isn't himself because of the injury. While the elite dream of championship glory, the PGA is unique in that 20 club professionals are granted a spot in the field.
The Minister, who is attending a security conference in Mataram, Lombok , described the situation in an update on Monday. In 2004, the Indian Ocean tsunami killed 226,000 people in 13 countries, including more than 120,000 in Indonesia.
Everything is packed in a sleek, lovely body, even though the design is nearly identical to last year's Note 8 . Another figure that does stand out is storage - the Note9 now starts at 128GB, and there's also a 512GB SKU.
Suzuki Motor CEO Toshihiro Suzuki (2nd R) bows with other executives during a news conference in Tokyo , Japan August 9, 2018. Suzuki said almost half of its 12,819 new vehicle inspections involved improper inspections at its three plants.
First introduced in 1956, Batwoman largely disappeared from continuity until 2006, when she was reintroduced and reinvented. The CW has apparently found its Batwoman: Ruby Rose is heading to Gotham City .
The Indonesian Red Cross said Thursday that an estimated 20,000 people in remote areas of the island are still without aid. Aid agencies say the number is likely to increase dramatically as they gain access to the worst-hit parts of the island.
One curious fan was quick to ask whether or not he was her boyfriend, to which he confirmed 'Yes, indeed'. In the comment section, Azalea flirted, writing: 'I could think of a few other things to call you'.
What used to be a $10 add-on for more tethering data and unlimited 3G speeds while traveling overseas , is now $15 per line. Currently, we dont know if T-Mobile Tuesdays and Music Freedom would be limited to T-Mobile ONE plans from now on.
Million Limited Edition PS4 Pro announced
The one you buy might even feature the PS4 USA release date serial number 01115, or 01013 for the PSVR launch date. The limited edition DualShock 4 controller will be available to purchase separately on the same day.
Thibaut Courtois completes Real Madrid move
Speaking about his move to Stamford Bridge, Kovacic expressed his excitement about the chance to play in the Premier League . New Blues boss Maurizio Sarri is keen to bring in his own players before today's 5pm deadline to freshen up his squad.
Kris Jenner hints she's engaged to Corey Gamble
So. what? Is she engaged? " No, I'm not gonna answer ", she said, as she began picking through a bowl of crickets. After her divorce from Kardashian , she married Caitlyn Jenner (then known as Bruce) in 1991.
Honda Civic Type R sets Hungaroring FWD lap record
It's something we agree with, which is why the Civic Type R managed to take home Motor Authority's Best Car To Buy 2018 award . Commenting on the Civic Type R, Button said, 'The first thing I noticed when I left the pit lane was how neutral the auto was.