The federal government has fined Sinclair Broadcasting Corp. $48 million, largely because of actions the TV broadcaster took in its failed attempt to acquire smaller rival Tribune Media.
Tribune Media Company
Nexstar is offering to buy Chicago's Tribune Media for about $4 billion Monday, four months after the collapse of a similar bid from Sinclair Broadcast Group.
“Chicago's Very Own," WGN-TV could be soon owned by a politically active, conservative broadcast company based in Baltimore.
As the Tribune Company spins off its newspaper assets, we talk to Lynne Marek of Crain's Chicago Business about the prospects for Tribune Publishing and its stable of newspapers going forward.