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21st Century Fox Could Bid On Tribune Media
A potential bidding war could happen between 21st Century Fox and Sinclair Broadcast Group over who could buy Tribune Media, owner of 42 TV stations and valued at around $3.2 billion.
The talks come after the Federal Communications Commission moved to change rules that limited how many stations one operator could own. They also come at a time when 21st Century Fox and its owner Rupert Murdoch face heat in the U.S. — for the Fox News scandals — as well as abroad for attempts to takeover Sky in the U.K.
Here & Now's Jeremy Hobson speaks with NPR media correspondent David Folkenflik (@davidfolkenflik).
This segment aired on May 1, 2017.