Jul
22
Newsmax Wants FCC to Delay Sinclair's Deal for Tribune
Posted in: Uncategorized
Newsmax Media wants federal regulators to slow their review of Sinclair Broadcast Group’s proposed $3.9 billion purchase of Tribune Media, saying the deal raises concerns about media concentration.
“I am calling for delay,” Christopher Ruddy, CEO of Newsmax, a conservative outlet with a 24-hour cable news channel, said in an interview. “I think it needs more vetting.”
Ruddy, a friend of President Donald Trump, adds a conservative voice to liberal critics of the deal who are wary of Sinclair building a network of local stations featuring the company’s pro-Trump commentary.
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