Here's a great article on NYT on the Sinclair situation https://www.nytimes.com/2017/08/14/us/politics/how-a-conservative-tv-giant-is-ridding-itself-of-regulat

Here's a great article on NYT on the Sinclair situation https://www.nytimes.com/2017/08/14/us/politics/how-a-conservative-tv-giant-is-ridding-itself-of-regulation.html https://www.nytimes.com/2017/08/14/us/politics/how-a-conserv... Here's the key quote "The moves, which include easing a cap on how many stations a broadcaster can own, have opened up lucrative opportunities for Mr. Smith, among them a $3.9 billion bid to buy Tribune Media, another large owner of stations."