Uh-Oh! FCC Launches Investigation into Sinclair
/This has to have the suits at Sinclair squirming just a bit.
The Wall Street Journal reports that the Federal Communications Commission is investigating whether Sinclair Broadcast Group misled the government agency during its unsuccessful attempt to buy Tribune Media Co. last year.
In a June 25 letter to Sinclair viewed by The Wall Street Journal, the FCC said it is investigating whether the nation’s biggest owner of local television stations “engaged in misrepresentation and/or lack of candor” with the agency when it was seeking approval for the $3.9 billion deal.
Now here is the bomb in all of this!
If the FCC determines that Sinclair did deceive the agency, it can order a hearing on the matter. An FCC hearing could lead to significant fines or even the possible loss of broadcast licenses.
It is not likely that will happen, but if it did, it could have a major impact of almost 200 stations owned by Sinclair.
“This is a big deal. The worst thing you can do to the FCC is lie,” said Andrew Schwartzman, a professor at Georgetown Law. “This is the only way to lose a license for a broadcaster. Sinclair needs to prove they didn’t lie, or that they didn’t mean to and won’t again.”
“This is not new,” a Sinclair spokesman said Wednesday, adding the investigation is part of “an ongoing discussion with the FCC” regarding certain allegations raised last year. An FCC spokesman was unavailable for comment.
Do you get the feeling that Sinclair is calling in any and all favors to Donald Trump right about now.
“Mr. President, I have Boris Epshteyn on line 1.”
Stay tuned…