Monday, July 29, 2013

Sinclair Boosts Its Local TV Station Stable

Logo of Allbritton Communications
(Photo credit: Wikipedia)
Hunt Valley, Md.-based Sinclair Broadcast Group, already the nation's largest local television station owner, will augment its holdings by purchasing Allbritton tv stations for $985 million, the Web site reported today.

Robert Allbritton is unloading the tv stations, which include WJLA-TV in Washington, D.C. and Lynchburg, Va. station WSET-TV, to focus on his other enterprises, including Politico, according to the Poynter article. To comply with FCC station ownership restrictions, Sinclair will divest itself of stations in Alabama, South Carolina and Pennsylvania.

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