Deals
Changes Under Republican FCC Seen Leading to TV Deal Frenzy
- Sinclair’s Tribune approach may be first consolidation move
- CBS CEO Moonves says network may also want to buy TV stations
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The floodgates for broadcast TV consolidation are about to open, with Sinclair Broadcast Group Inc. and CBS Corp. among the likely buyers in a round of deals that will further concentrate station ownership in the U.S.
Based on preliminary conversations with government officials, broadcasters are drawing up plans for deals under the expectation the Federal Communications Commission will lift ownership limits as soon as April, according to people close to the companies.