Yesterday the FCC did exactly what we expected them to do.

The relaxed the ownership rules to make it easier for Sinclair to buy Tribune.

The FCC voted to eliminate a rule first adopted in 1975, which prevented entities from owning a radio or TV station and a newspaper in the same market. The FCC also loosened restrictions to make it easier for a company to own multiple TV stations in one market.

In other words, Sinclair and Trump lapdog Ajit Pai was able to push through their plan to make Sinclair a right-wing monopoly and shake local television and local TV news to its core.

"The media ownership regulations of 2017 should match the media marketplace of 2017," Ajit Pai, the chairman of the FCC, said in a statement Thursday. "Few of the FCC's rules are staler than our broadcast ownership regulations."

"This act will pave the wave for massive broadcast conglomerates to increasingly provide local viewers with nationalized cookie-cutter news and corporate propaganda that's produced elsewhere," Sen. Bill Nelson, a Democrat representing Florida, said in a statement.

John Bergmayer, senior counsel at Public Knowledge, an advocacy group, said the FCC did not vote to "modernize" the rules, but rather "to abandon them."

CNN writes that the vote marks the latest in a series of controversial moves from the FCC under Pai. The agency is also looking to roll back net neutrality protections, and endorsed Congress's decision to repeal internet privacy protections.

Make no mistake, this action by the FCC is going to have a far reaching impact on our industry and it will not be for the better.

Quoting Donald Trump.... "SAD!"