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21st Century Fox Could Bid On Tribune Media
ResumeA 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.