Sinclair Broadcast Group moved a step closer to taking over "Chicago's Very Own" WGN-Channel 9 and WGN 720-AM Tuesday with an amended application for its acquisition of Chicago-based Tribune Media.
In what sources described as a “significant compromise” from its earlier filing with the Federal Communications Commission, Sinclair plans to sell 23 stations in 18 markets in order to comply with broadcast ownership rules. The agreement awaits approval from the U.S. Department of Justice and the FCC. Continue reading