FCC Approves Sinclair/Allbritton Deal
/The FCC gave it's blessing to Sinclair and their $985 million deal to purchase Allbritton stations.
The FCC is telling Sinclair that they will need to sell off the Allbritton station in Harrisburg, Pennsylvania, and give up the licenses of Allbritton stations in Birmingham, Alabama, and Charleston, South Carolina, delivering programming there through so-called multi-casting on the signal of stations Sinclair already owns.
Sinclair will also terminate a sharing arrangement in Charleston, South Carolina, the FCC said. Also, the originally proposed sidecar arrangements with Howard Stirk Holdings and Deerfield will not be included in the transaction, the regulators said.
Sinclair had proposed such concessions in March as the regulators began planning a crack down on TV stations that share advertising sales staff.
H/T Reuters