About 20 percent of Sinclair’s TV stations will be...
About 20 percent of Sinclair’s TV stations will be Fox affiliates after it buys Fisher Communications (CD April 16 p14), said Moody’s. The ratings firm said that means Sinclair will remain one of the largest affiliate members of the News…
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Corp.-owned broadcast network. Fisher has two Fox affiliates, and the combined company will have 29, Moody’s said in an investor email Monday. “The transaction brings attractive west coast markets of Seattle and Portland and is consistent with Sinclair’s recent actions to expand its footprint with improving geographic, network and market size diversity. Management expects to achieve meaningful revenue and expense synergies, including higher retransmission fees."