Published: Sat, February 17, 2018
Markets | By Terence Owen

FCC chair actions on eve of Sinclair-Tribune deal under scrutiny

FCC chair actions on eve of Sinclair-Tribune deal under scrutiny

David Hunt, the agency's Inspector General, confirmed the investigation to Rep.

"For months I have been trying to get to the bottom of the allegations about Chairman Pai's relationship with Sinclair Broadcasting", Mr. Pallone, the top Democrat on the committee that oversees the FCC, told NYT.

By bureaucratic practice, the FCC Inspector General does not confirm or deny potential or ongoing investigations. Frank Pallone (D-N.J.), who had requested action following a series of decisions by Pai that directly benefited Sinclair Broadcast Group-the nation's largest television broadcaster.

The probe, which is expected to examine whether Pai and his aides improperly coordinated rule changes with Sinclair, could create problems for the pending approval of the $3.9 billion (roughly Rs. 24,900 crores) transaction.

Pallone and Cummings pointed to the timing of decisions that impact Sinclair deals (such as its purchase of Bonten stations) and proposed deals (the Tribune acquisition), and said they wanted some answers.

This story was updated at 10:56 p.m. "They have not been fueled by a desire to help any particular company", Pai wrote. Pai's rationale was that the elimination of the UHF discount had to be considered along with other media ownership regulations that cap the number of stations that an entity can own to no more than 39% of the country. They said, "The chairman is sticking to his long-held views, and given the strong case for modernizing these rules, it's not surprising that those who disagree with him would prefer to do whatever they can to distract from the merits of his proposals".

PyeongChang Olympics - Day 5 Wrap / Day 6 Preview
Wednesday, February 14 Women's Slalom TBD Thursday, February 15 Women's Slalom TBD Friday, February 16 Women's Super-G 9 p.m. On Wednesday in Pyeongchang , the women's slalom was postponed again because of conditions, pushing the event to Friday.

Man Utd to join Chelsea in race to sign Toby Alderweireld
Real Madrid are reportedly ready to go head-to-head with Manchester United and two other Premier League clubs to sign Toby Alderweireld from Tottenham .

The Stars Came Out For Ellen DeGeneres' 60th Birthday Bash! Highlights HERE!
DeGeneres also recently had the honor of hosting Michelle Obama's first interview since leaving the White House a year ago . Kardashian and Teigen shared several photos from the fête on social media, including a group picture from the photo booth.

Conservative-leaning Sinclair is proposing a takeover of Tribune Media.

"If the merger is approved, the conservative broadcaster would be able to air politically biased programming to more than 70 percent of the United States population", Free Press said today.

The Federal Communications Commission past year updated its broadcasting ownership regulations just weeks before Sinclair Broadcasting announced its plan to purchase Tribune Media.

An FCC spokesman refuted the ambiguous - at least for now - accusations that have been levied against his office and the chairman.

The Sinclair-Tribune merger is still under review by the FCC and the Department of Justice. Both Sinclair and the FCC have declined to comment on the current investigation but called the original allegations "baseless".

The extent of the investigation is not clear, nor is how long it will take. The inspector general acts as a watchdog to various government agencies.

Like this: