Post by Sinclair Inc.

Sinclair Commends Modernization of Antiquated Media Ownership Restrictions Sinclair Inc. President and CEO Chris Ripley issued the following statement in response to the announcement that the Federal Communications Commission will consider modernizing its long outdated national ownership restrictions at its August Open Meeting. "It should not be controversial to suggest that changed facts should lead to changed rules. We commend Chairman Carr for considering action to modernize the FCC's rules setting the national ownership cap - and for his continued leadership in looking at ways to preserve local news by taking proactive steps to empower local broadcasters. Given the undeniable change and disruption to the media ecosystem, updating these rules to reflect the current landscape is common sense." https://lnkd.in/e3WP_HGh