Sinclair CEO: Open Season for Broadcasters Mergers, Acquisitions
Sinclair CEO Chris Ripley expects the FCC to raise or remove the 39% broadcast ownership cap, enabling industry consolidation and potential $600 million to $900 million in annual synergies.
3 Articles
3 Articles
Sinclair CEO: Open season for broadcasters mergers, acquisitions
Chris Ripley, the CEO of Sinclair, Inc. (Courtesy photo, Graphic by The Desk) At a time when the broadcast television industry is facing tougher competition from streaming competitors, the biggest companies involved in traditional TV are pushing for regulatory changes that will allow them to scale up their operations — and Sinclair is ready to take its shot. During a conference call with investors on Wednesday, Sinclair CEO Chris Ripley said the…
Sinclair CEO Expects FCC to Raise or Eliminate Broadcast Ownership Cap in First Half of 2026
Sinclair Broadcasting Group CEO Chris Ripley expects the Federal Communications Commission to raise or eliminate its 39% nationwide broadcast ownership cap in the first half of 2026. In September, the FCC advanced its review of broadcast ownership rules, seeking public comment on retaining, modifying or eliminating the local radio, television and dual network rules. That review comes after the Eighth Circuit Court vacated the FCC’s decision to r…
AAF Wants Congress to Jettison Broadcast-Ownership Rules
Congress should eliminate the FCC's broadcast-ownership rules, said American Action Forum President Douglas Holtz-Eakin in a blog post Tuesday. "The problem is that in the internet era there is no 'local,' so local ownership rules simply don't make sense," he...
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