Tribune Intrigue

Where have we seen this movie before?

As rumors swirl about a possible Sinclair Broadcast Group/Tribune Media merger, there are new reports that 21st Century Fox and Nexstar may be circling for their own piece of the action.

The drama is reminiscent of last year’s attempted merger of Media General and Meredith – which failed and was replaced by a Nexstar takeover of Media General.

In any case, employees of Fox 61 and WCCT in Connecticut must be watching closely. The two stations are owned by Tribune Media.

Tribune Station Sales

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While rumors circulate about a possible Sinclair and Tribune Media merger, one analysis says it is more likely Tribune Media would sell off some of its TV stations, but resist a full sale of all its assets.

Tribune Media owns Fox 61 and WCCT in Connecticut.

Sinclair Interested in Tribune TV

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According to several reports, Sinclair Broadcast Group has approached Tribune Media about a merger.

Such a deal would combine two of the largest broadcast groups in the country and would need regulatory approval. It is also likely such a combination would require the sale of some stations.

Tribune Media owns Fox 61 and WCCT in Connecticut.

Word on the Street

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There are rumors in the air that Tribune Media, owner of Fox 61 and WCCT in Connecticut, might be the target of a buyout offer in the near future.

Some reports suggest Sinclair and Meredith might be interested in the Tribune TV station group, but the most credible report comes from Crain’s Chicago Business which says a New York hedge fund with a history of takeovers has purchased a 6.6% stake in Tribune Media.

As we reported earlier this month, Tribune CEO Peter Liguori is scheduled to step down next month.

Watchup

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Have you heard of the news app Watchup?

It lets you build your own newscast, based on available content, for viewing on your phone or tablet.

Now, Fox CT, is part of the Watchup line up after Tribune Media signed a partnership deal with the app company. In addition to Fox CT, the deal involves local stations in almost thirty local markets.

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