Sinclair’s holdings are already vast and the deal, which needs federal approval, would give it stations in seven of the top 10 markets. It would further propel consolidation in the industry.(Image credit: STEVE RUARK/AP)
I remember back in the 1960’s and 1970’s television and radio stations were owned by local companies. You knew who they were, they competed against each other, and each had their followers. Now, like many industries here, stations are owned by conglomerates with locations in multi-states, they own both television and radio stations, and in large metro areas, they compete against themselves for viewers.