Deal of the Week: TV Broadcasters Are Poised for Merger SpreeBy
If the FCC rolls back TV regulations this month, as anticipated, broadcasters may jump at the chance to get bigger. The first deal to be announced may be Sinclair Broadcast Group acquiring Tribune Media. But 21st Century Fox is concerned the deal could give the combination too much leverage in so-called retransmission fee negotiations. It's not just boring jargon, as Bloomberg media reporter Gerry Smith, FCC reporter Todd Shields and host Alex Sherman explain.