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well, sinclair got dumped by tribune whose not only killing their tv station deal but suing sinclair. gasparino has been predicting the deals demise for weeks the man himself, charlie. what is next for sinclair? charlie: you don't want to see my gold chains do you? liz: i don't want to see. charlie: by the way before we get into this. liz: i have a correction. tribune does not own chicago. charlie: no, they don't. this is a little bit off topic but i've been trying to get my head around this just all day. if trump wants to start this space force -- liz: president trump. charlie: if they beam him up to mars and he was on mars would donald trump be an illegal alien on mars? >> [laughter] liz: elsewhere around the nation , sinclair and tribune, charlie? charlie: think about that. that's like one of these like deep philosophical questions. liz: indeed, all right charlie: anyway we'll get back to that later. i read the lawsuit by the way. now here is it was pretty much we've been hearing this for weeks that tribune was likely to bail out of this deal following the fcc throwing cold water o
well, sinclair got dumped by tribune whose not only killing their tv station deal but suing sinclair. gasparino has been predicting the deals demise for weeks the man himself, charlie. what is next for sinclair? charlie: you don't want to see my gold chains do you? liz: i don't want to see. charlie: by the way before we get into this. liz: i have a correction. tribune does not own chicago. charlie: no, they don't. this is a little bit off topic but i've been trying to get my head around this...
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i don't know anybody that thinks sinclair acted, that has not been critical of the way sinclair dealtith the government, dealing with a friendly government. one thing if you're dealing with the obama administration which absolutely hated -- media mergers. these guys are much more free market-oriented. trish: sure. >> they ask you through a few hoops. you jump through to get the deal done it would happen. trish: we had ajit pai on the show many times. he expressed his willingness to see -- >> they want the deal. trish: to see a new era in the media and wanted divestiture. >> tribune is saying, sinclair you blew it and cost us money. trish: thank you, charlie. arrests at the border dropping second month in a row, is president trump's tough immigration stand doing its job? i will ask arizona senate candidate martha mcsally that question next. chnology this hel. could make history. what's in your wallet? jardiance asked: when it comes to managing your type 2 diabetes, what matters to you? you got a1c, heart, diet, and exercise. slide 'em up or slide 'em down. so let's see. for most of you
i don't know anybody that thinks sinclair acted, that has not been critical of the way sinclair dealtith the government, dealing with a friendly government. one thing if you're dealing with the obama administration which absolutely hated -- media mergers. these guys are much more free market-oriented. trish: sure. >> they ask you through a few hoops. you jump through to get the deal done it would happen. trish: we had ajit pai on the show many times. he expressed his willingness to see --...
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sinclair did not approach this and assert reasonable efforts. sinclair is disputing that. but the bigger context in which this is happening is a major transactional environment where all of these companies are under pressure to lean forward. adam: nextgen tv means i will be able to watch tv without data. i can watch hd quality tv through nextgen. is local tv a place to go? people say it's dead. but i'm thinking not so fast. what do you think? >> i think it left the question of where you are looking in the market, how it end up rolling out digitally. you will have over the top plays in terms of roku and apple tv. it really matters more in terms of how the digital flow will be going through the cloud. this is an environment that will be change every week if not every day. adam nextgen tv is at least five years out. but if you are looking to make an investment and you are long term. people situation we know as old tv is done. >> they are streaming things on tv. here is the genius. people will start creating their own content. they are streaming the content, they are giving th
sinclair did not approach this and assert reasonable efforts. sinclair is disputing that. but the bigger context in which this is happening is a major transactional environment where all of these companies are under pressure to lean forward. adam: nextgen tv means i will be able to watch tv without data. i can watch hd quality tv through nextgen. is local tv a place to go? people say it's dead. but i'm thinking not so fast. what do you think? >> i think it left the question of where you...
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scarlet: sinclair stumbling in its bid to acquire tribune. sinclair. now suing walk us through what happened here. federal regulators are unhappy. >> that is how this unrivaled. everybody thought this was going to be a shoo-in. they were trying to take advantage with attitudes towards mergers and broadcast television and this was going to be the big gambit by expanding its lead. they have the trump administration, the fcc commissioner relatively favorable. all of a sudden, we get at the fcc, they have recommended this goes to a full review. it is going to essentially block the deal or make it move slower. that was the end of the deal. interesting political implications. you have at&t time warner, which the government has been fighting strongly, and suggestions perhaps influenced by the president's displeasure with cnn . you have sinclair broadcast leading network of stations not getting the approval. to know anything about what is going on behind the scenes? >> i would never show accuse them of acting politically but at&t and sinclair have a common ene
scarlet: sinclair stumbling in its bid to acquire tribune. sinclair. now suing walk us through what happened here. federal regulators are unhappy. >> that is how this unrivaled. everybody thought this was going to be a shoo-in. they were trying to take advantage with attitudes towards mergers and broadcast television and this was going to be the big gambit by expanding its lead. they have the trump administration, the fcc commissioner relatively favorable. all of a sudden, we get at the...
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in breaking news today we've spoken before about the sinclair broadcast group which made local anchors for some silly script about being independent you may recall it treasure valley communities deal past the loss christmas communities eastern iowa communities in communities and we are extremely proud of the quality balance journalism that c.b.s. news produces but we are concerned about the military there is one thing that you are playing our country plaguing our country sharing a biased and false news has become all too common on social media more alarming some media outlets publish the same fake stories without checking facts first the sharing of biased and. and then sinclair sought to merge her three point nine billion dollars with tribune media although the us federal communications commission chairman had referred the matter to administrative law judge for consideration well now the deal has been called off and the parties are in litigation here look at the details r.t. america is on holland cook those are the big picture how and you've been following this for months with us we ap
in breaking news today we've spoken before about the sinclair broadcast group which made local anchors for some silly script about being independent you may recall it treasure valley communities deal past the loss christmas communities eastern iowa communities in communities and we are extremely proud of the quality balance journalism that c.b.s. news produces but we are concerned about the military there is one thing that you are playing our country plaguing our country sharing a biased and...
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this is a defeat for sinclair.is often criticized for the must-run segments of conservative comments and forcing local anchors to read a promo. >> own personal bias. this is extremely dangerous to our democracy. >> tribune rejected the deal with sinclair. the merger could have given sinclair 72% of the households. tribune pulled out of the deal after sinclair did not sell off stations as requested and was aggressive with the justice department and fcc. tribune is now suing for breach of contract. sinclair is disappointed the deal failed. >> that will be in the courts for a while. >>> the u.s. and north korea in a standoff over nuclear weapons again. a little report just ahead. >>> a teenager recovering after being pushed off a bridge by her friend. you won't see these folks at the post office. they have businesses to run. they have passions to pursue. how to they avoid trips to the post office? stamps.com mail letters. ship packages. all the amazing services of the post office, right on your computer. get a 4 week
this is a defeat for sinclair.is often criticized for the must-run segments of conservative comments and forcing local anchors to read a promo. >> own personal bias. this is extremely dangerous to our democracy. >> tribune rejected the deal with sinclair. the merger could have given sinclair 72% of the households. tribune pulled out of the deal after sinclair did not sell off stations as requested and was aggressive with the justice department and fcc. tribune is now suing for...
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sinclair down 1.25% this morning. we just got vie consistent earnings out. -- viacom earnings out. tell us what you've learned based on earnings. viacom missed their earnings pecearningsexpectations. that's one part of the story. your thoughts on how the business has changed. >> the business has changed radically and scale i guess is the by word of the day. viacom and cbs will have to come back together to get scale and then they'll be acquired by maybe verizon which made an offer, a tentative offer for the combined companies. there are other buyers out there. you have to have scale to compete in this new landscape that the media business has become. it takes content and distribution capability as well as scale on every other level. maria: porter, i know you cover tesla. you called it yesterday. you told us when you were here on set that you thought the securities and exchange comission would in fact be inquiring as to the tesla tweet, the elon musk tweet saying he's considering taking the company private, funding secured. your thoughts on where this goes. >
sinclair down 1.25% this morning. we just got vie consistent earnings out. -- viacom earnings out. tell us what you've learned based on earnings. viacom missed their earnings pecearningsexpectations. that's one part of the story. your thoughts on how the business has changed. >> the business has changed radically and scale i guess is the by word of the day. viacom and cbs will have to come back together to get scale and then they'll be acquired by maybe verizon which made an offer, a...
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it said sinclair engaged in unnecessarily aggressive and protracted negotiations with the department of justice and the federal communications commission over regulatory requirements and proposed aggressive party structures or regulatory sales that were rejected outright or posed a risk of rejection or delay >> let's bring in the former chief of staff and former legal advisor at the fcc thanks very much for joining us. before we get onto what could happen to these assets after the fact, was it slightly odd this deal in the first place didn't have clearer terms based on whether things were given approval or not? do you think any of these lawsuits will be successful? >> wilfred, first of all, this deal fell apart a few months ago and sinclair tried to keep it on track. but apparently not hard enough there was quite a but of push back from the fcc about the investtures. and for whatever reason the parties opted not to follow that script its in entirety so, you know, this is -- i think we have to look at the demise of this deal as you say as a bit of a one-off. because the high fcc along
it said sinclair engaged in unnecessarily aggressive and protracted negotiations with the department of justice and the federal communications commission over regulatory requirements and proposed aggressive party structures or regulatory sales that were rejected outright or posed a risk of rejection or delay >> let's bring in the former chief of staff and former legal advisor at the fcc thanks very much for joining us. before we get onto what could happen to these assets after the fact,...
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went downedia group to the wire with sinclair.rivate equity firms in the next then you also have fox and blackstone. we can see that revived. it's worth pointing out that this is happening at a time when trump is talking about doing the deal and divesting. areo tribune companies talks at the same time. it changed its name from tribune publishing with much ridicule to trunk. speculation of credit work to sell the rest of the company. the l.a. times is the crown jewel. that, it's not as attractive. a sale is the right move for trunk. it's a little bit depressing if you want to say that. being talked about combined with the value of the l.a. times is going to be significantly more than what can it was offering. the reason i say that is depressing is that trunk did not exemplify corporate governance in that battle. to have that bad behavior rewarded makes you don't system. -- depth the system. >> thank you. for a look at the biggest business stories. the home rental industry. boughtr residential has residential manager. the seller is
went downedia group to the wire with sinclair.rivate equity firms in the next then you also have fox and blackstone. we can see that revived. it's worth pointing out that this is happening at a time when trump is talking about doing the deal and divesting. areo tribune companies talks at the same time. it changed its name from tribune publishing with much ridicule to trunk. speculation of credit work to sell the rest of the company. the l.a. times is the crown jewel. that, it's not as...
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. >> sinclair stumbles in a bid to consolidate u.s. broadcasting.as rejected its merger attempt and is suing sinclair for $1 billion. was the issue with antitrust regulators? >> it was, but it was less about the regulatory environment and more about mishandling. the fcc bent over backwards to make this deal possible. the revised an old regulatory loophole on media ownership limits, to allow sinclair to proceed with this deal. then sinclair still had to make divestitures, even with those modifications. the problem was they just did not come up with workable solutions for these divestitures. in some cases they were trying to sell assets to business affiliates, to sell assets to companies with connections to the chairman's family. i think the fcc was frustrated and irritated by the steps sinclair took. >> in beijing, hong kong debut. there has been a bit of movement on these stocks, have since -- has not there been in terms of beijing, to the downside quite surprisingly. >> yes. the key is investors are not looking enthused about these listings. beijin
. >> sinclair stumbles in a bid to consolidate u.s. broadcasting.as rejected its merger attempt and is suing sinclair for $1 billion. was the issue with antitrust regulators? >> it was, but it was less about the regulatory environment and more about mishandling. the fcc bent over backwards to make this deal possible. the revised an old regulatory loophole on media ownership limits, to allow sinclair to proceed with this deal. then sinclair still had to make divestitures, even with...
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quick break, sinclair and more coming up later in the hour. but next, the challenges when it comes to covering hate groups like the gathering expected in washington later today. how to report on racist without fanning the flames. we'll talk about it right after this. fact is, every insurance company hopes you drive safely. but allstate actually helps you drive safely... with drivewise. it lets you know when you go too fast... ...and brake too hard. with feedback to help you drive safer. giving you the power to actually lower your cost. unfortunately, it can't do anything about that. now that you know the truth... are you in good hands? sharper vision, without limits. days that go from sun up to sun down. a whole world in all its beauty. three innovative technologies for our ultimate in vision, clarity, and protection. together in a single lens. essilor ultimate lens package. purchase the essilor ultimate lens package and get a second pair of qualifying lenses free. essilor. better sight. better life. with tripadvisor, finding your perfect hote
quick break, sinclair and more coming up later in the hour. but next, the challenges when it comes to covering hate groups like the gathering expected in washington later today. how to report on racist without fanning the flames. we'll talk about it right after this. fact is, every insurance company hopes you drive safely. but allstate actually helps you drive safely... with drivewise. it lets you know when you go too fast... ...and brake too hard. with feedback to help you drive safer. giving...
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does sinclair buy that?you take tribune at the word you wonder why who would get in bed with sinclair to do a deal because they really like they dropped the ball in this thing in so many ways, trump administration of all players, donald trump tweets favorably about sinclair. they're the local version of fox news's opinion shows, okay, not the news shows, the opinion shows. connell: i know what you mean. >> this is pretty fascinating and you wonder if sip claire will be able to -- sinclair will be able to do a deal now? money trumps everything. do people want to get in bed with them. obviously we called sinclair for comment of the they have their side of the story. i'm telling you tribune's side and what some people in the media business are saying. connell: say that later on when we get back with you. you know what with have coming up next while we wrap with you, more on the space force. >> maybe they should beam donald up. if they beam donald up -- connell: there is movement in this building. >> he could be
does sinclair buy that?you take tribune at the word you wonder why who would get in bed with sinclair to do a deal because they really like they dropped the ball in this thing in so many ways, trump administration of all players, donald trump tweets favorably about sinclair. they're the local version of fox news's opinion shows, okay, not the news shows, the opinion shows. connell: i know what you mean. >> this is pretty fascinating and you wonder if sip claire will be able to -- sinclair...
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tribune, sinclair. we'll find out this week whether tribune as we first reported, considering dropping out of this deal peered whether they in fact do so. a lot of people think it will come afterthursday when the deal , the merger agreement runs out thursday. they will do it after that. they will announce that they are out. that is what a lot of people are thinking about. tribune has no comment, sinclair has nocomment. but with the fcc ruling this will be a long , slow process. liz: probably put together a more conservative -- >> the fcc has basically come out and said the deal is a no go. they don't like it. they do not like the condition sinclair put out. it has to go before an administrative court judge. it could take years. the thinking is that tribune and sinclair in the attempt to put together this conservative network that will rival fox that tribune could bow out of this and you could see something on that this week. look around thursday or friday. i'm not saying this will happen but some people
tribune, sinclair. we'll find out this week whether tribune as we first reported, considering dropping out of this deal peered whether they in fact do so. a lot of people think it will come afterthursday when the deal , the merger agreement runs out thursday. they will do it after that. they will announce that they are out. that is what a lot of people are thinking about. tribune has no comment, sinclair has nocomment. but with the fcc ruling this will be a long , slow process. liz: probably...
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tribune up, sinclair down.wants to take the company private, the sec is investigating those tweets, joining us david winston, tesla analyst with morning star, david, i'm looking at the screen here and i'm seeing tesla stock down another $13 today at 356 as of right now. i put it to you, the market doesn't believe that musk can get the money. >> well, basically there's a lot of uncertainty right now because before all of the tweets on tuesday afternoon the stock was at 341, still a bit higher but you're right it's been coming down a lot since yesterday and kind of feeds one thing that doesn't make sense to me about this why go public with the disclosure, saying you're considering going private, wait till you're ready to say we are intending to go private at 420 contingent on shareholder vote, if you add deal in place i don't think you'd see the stock sinking like this. stuart: are you comfortable with a man who tweets like elon musk in charge of a pane like tesla? >> i'm a bit tired of it, frankly, but i'm also
tribune up, sinclair down.wants to take the company private, the sec is investigating those tweets, joining us david winston, tesla analyst with morning star, david, i'm looking at the screen here and i'm seeing tesla stock down another $13 today at 356 as of right now. i put it to you, the market doesn't believe that musk can get the money. >> well, basically there's a lot of uncertainty right now because before all of the tweets on tuesday afternoon the stock was at 341, still a bit...
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this is the biggest deal for sincla sinclair.is criticized for the must-run segments of conservative commentary for reading a promo of anti-trump rhetoric. >> push their own personal alliance and agenda into what people think. this is extremely dangerous. >> tribune terminated the agreement after the fcc chair expressed serious concerns putting the deal in doubt. the merger would have given sinclair 72% of the u.s. households. tribune pulled out after sinclair did not sell off stations as requested. tribune is now suing for breach of contract. sinclair says it is disappointed the deal failed, but intends to fight the lawsuit. >> a lot of lawyers going to make a lot of money. >>> the u.s. and north korea in a new standoff over nuclear weapons. a little report just ahead. >>> and nasa's next mission to explore this space hot spot. (vo) this is not a video game. this is not a screensaver. this is the destruction of a cancer cell by the body's own immune system, thanks to medicine that didn't exist until now. and today can save your
this is the biggest deal for sincla sinclair.is criticized for the must-run segments of conservative commentary for reading a promo of anti-trump rhetoric. >> push their own personal alliance and agenda into what people think. this is extremely dangerous. >> tribune terminated the agreement after the fcc chair expressed serious concerns putting the deal in doubt. the merger would have given sinclair 72% of the u.s. households. tribune pulled out after sinclair did not sell off...
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then sinclair still had to make divestitures, even with those modifications.up with workable solutions for these divestitures. in some cases they were trying to sell assets to business affiliates, to sell assets to companies with connections to the family. i think the fcc was frustrated and irritated by the steps sinclair took. ♪ >> in beijing, hong kong debut. there has been a bit of movement on these stocks, have since tore, in terms of beijing, the downside quite surprisingly. >> yes. the key is investors are not looking enthused about these listings. beijing felt this morning as much as 4.6% under the ticker 616. is the founder and ceo told us, on the global stage, hurdles remain in giving drugs to market and to the end user in a timely fashion. turning to china tower, it at least has avoided becoming a swamp like xiaomi, now trading pretty flat, hitting a high of 128. it is keeping its market value at 28 billion, a 20% discount from the valuation it was hoping to achieve. ♪ new york has dealt a major blow to uber and other ride-hailing apps, three years a
then sinclair still had to make divestitures, even with those modifications.up with workable solutions for these divestitures. in some cases they were trying to sell assets to business affiliates, to sell assets to companies with connections to the family. i think the fcc was frustrated and irritated by the steps sinclair took. ♪ >> in beijing, hong kong debut. there has been a bit of movement on these stocks, have since tore, in terms of beijing, the downside quite surprisingly....
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. >>> nasdaq is on a long win streak tribune media has terminated its deal with sinclair, filed a suitinst the company for breach of contract. this comes weeks after the fcc chairman expressed concerns about that deal. rightal aid cancels a special shareholder meeting today. no break-up fee there but kind of weird to see two big ones go away on the same day >> neither one unexpected and for very different reasons, i think important. right ate actually may be up given that there has been opposition to the valuation that was being accorded it as a back-end way for albertson's to be taken public. excuse me. it is down we did know, of course, that sinclair and tribune were in deep trouble given the opposition to the fcc, going to an administrative law judge. a lot of people seemed to know that they still controlled those stations in question apparently not the fcc for a while. the question there is going to be about the lawsuit itself. typically you go to delaware you force your acquirer to actually make good on their promise to buy you. but in this case, the deal's been terminated so we w
. >>> nasdaq is on a long win streak tribune media has terminated its deal with sinclair, filed a suitinst the company for breach of contract. this comes weeks after the fcc chairman expressed concerns about that deal. rightal aid cancels a special shareholder meeting today. no break-up fee there but kind of weird to see two big ones go away on the same day >> neither one unexpected and for very different reasons, i think important. right ate actually may be up given that there...
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no response from sinclair as of yet.be a fight. >> the ceo says sinclair did not live up to its obligations and we intend to hold them accountable. they're angry. >> they are because if you looked at that merger contract they needed to go so-called all the way or as far as they could and clearly it appears that perhaps they didn't. we'll see. >>> data analytics company will be taken private. dun & bradstreet shareholders will be getting $145 per share, a premium of more than 18% over yesterday's closing price but the buyer is a private equity consortium. >> the funding is secured. >> its secured. elon musk take note. >>> also be getting a fresh read on inflation this morning when the government releases july's figure. weekly look at initial jobless claims. both of those reports coming out. we'll bring you them as they happen. >>> twenty-first century fox reported 50 cents per share. revenue also topping forecasts and fox's results were helped by distribution fees and the success of dead pool 2" at the movie box office. s
no response from sinclair as of yet.be a fight. >> the ceo says sinclair did not live up to its obligations and we intend to hold them accountable. they're angry. >> they are because if you looked at that merger contract they needed to go so-called all the way or as far as they could and clearly it appears that perhaps they didn't. we'll see. >>> data analytics company will be taken private. dun & bradstreet shareholders will be getting $145 per share, a premium of more...
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own for a guy we were really just thinking would play and i got to say hello i got a side of sinclair ok calm down or let me get down think i get through with this like this that hey we've got to go and that's going to do it for this edition of that has reportedly nice guys are safe here and i think our guest claire skinner that mari if you want to like i just on twitter it's guys report and so next time. i. chose seemed wrong. but old rules just don't go all. the way to get to shake out just because the ticket and engagement equals betrayal. when so many find themselves worlds apart. just to look for common ground. as you know my by going to i want to. ask but i. owe. you for your hydro alaska's buskers i just got then you're just going to deal with us as you know just about anybody on a month although she doesn't but that's honest i don't mean that it's really a. choice as you know but it was you're not. you're not just on the most wanted i'm already but i respect the part of me just going to leave. the law. if it up that's what i must really feel so i just don't get it i'm getting
own for a guy we were really just thinking would play and i got to say hello i got a side of sinclair ok calm down or let me get down think i get through with this like this that hey we've got to go and that's going to do it for this edition of that has reportedly nice guys are safe here and i think our guest claire skinner that mari if you want to like i just on twitter it's guys report and so next time. i. chose seemed wrong. but old rules just don't go all. the way to get to shake out just...
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welcome thanks but i feel you know the first name now like madonna is just sinclair when they get on with whatever you call them claire skinner of bit mari is also at the black bloc chain summit the black bloc change summit i was coming up. look we're trying to take this amazing technology and solve some long existing problems in the black communities and we think this is a great way to do it so we're going to have some experts in some of these particular topics be an education dealing with energy as well as having folks who are well versed in black chain technology we're going to put them together discuss these issues try to come up with some you know. actions you know that we can take from there and it will have a hackathon from that point in till november and i'm going to take all that energy from the hack a thons and hopefully next year we would have done something better and we're not going to have a meeting after meeting to meet we're going to actually do like they did with the declaration independence they went out and start shooting folks so after we do our meeting what we're
welcome thanks but i feel you know the first name now like madonna is just sinclair when they get on with whatever you call them claire skinner of bit mari is also at the black bloc chain summit the black bloc change summit i was coming up. look we're trying to take this amazing technology and solve some long existing problems in the black communities and we think this is a great way to do it so we're going to have some experts in some of these particular topics be an education dealing with...
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sinclair is known for conservative views. more news after the break. san fy pizza delivery didn )t pan out. >>> nbc bay area responds to a san francisco man whose pricey pizza delivery didn't quite pan out. >> consumer investigator chris chmura says that our team delivered a solution. >> win-win. place a pricey pizza order for a saturday night party. he paid $110 for delivery via door dash, but the pizza never arrived. door dash said the driver couldn't contact him by phone or text so she left. nguyen said he missed some calls and texted but was miffed she never came to the door to deliver pizza. after all, it's called door dash. he turned to us to get his $110 back. we contacted door dash. it told us thank you for reaching out and bringing this to our attention. we have refunded and credited the customer to remedy the situation. it also gave him a$50 credit for the half of the total, $160 back to him. i guess the lesson here is when you order food delivery by phone, keep your phone handy so the driver can reach you. we deliver for you when you have co
sinclair is known for conservative views. more news after the break. san fy pizza delivery didn )t pan out. >>> nbc bay area responds to a san francisco man whose pricey pizza delivery didn't quite pan out. >> consumer investigator chris chmura says that our team delivered a solution. >> win-win. place a pricey pizza order for a saturday night party. he paid $110 for delivery via door dash, but the pizza never arrived. door dash said the driver couldn't contact him by phone...
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and the tribune sinclair -- sinclair is much lower theory had -- sinclair is much lower. let'sforget earnings -- look at earnings. priceline rebranded itself and has missed on the third-quarter forecast, which is supposed to be a good summer travel month. analysts are worried they will miss on the forecasts. wrapping it up, technologies of seagate up more than 7%. it is nearing its peak and they are citing concerns about the hard disk drive market. sherry: thank you. coming up, more of our discussion on the midterms. will president trump's policies help or hurt republicans into the critical november elections? we will discuss. this is bloomberg. ♪ this is bloomberg markets: balance of power. i am shery ahn. david: i am david westin. mark crumpton has first word news. mark: paul manafort's trial resuming today in virginia. they will offer witnesses for two more days and focus on the nine bank fraud counts against the former chairman. accused of securing more than $20 million in loans in american banks, in addition of tax fraud against him. newia is complaining the round of
and the tribune sinclair -- sinclair is much lower theory had -- sinclair is much lower. let'sforget earnings -- look at earnings. priceline rebranded itself and has missed on the third-quarter forecast, which is supposed to be a good summer travel month. analysts are worried they will miss on the forecasts. wrapping it up, technologies of seagate up more than 7%. it is nearing its peak and they are citing concerns about the hard disk drive market. sherry: thank you. coming up, more of our...
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Aug 10, 2018
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. >> thether merger defined the scrap heap, tribune media calling off its $4 million ivice for sinclaircast group. suing sinclair for breach of contract sayin it did not do enough to get the deal approved by regulators. the sec chairman said he had serious concerns about this merger and he moved to block it. shares of both companies were higher by ay3% t >> so let's turn now to david a son for more on the m and landscape and when he sees ahead for future deal making. he is thehief strategist at bell point asset management. good to see you, welcome. >> thanks for having me. >> tell me where you think weir. the first half, certainly was gangbusters inerms of m and a. do you expect a repeat of that in the latter part of this year or have we kind of peaked? >>hi i we've kind of peaked and you hit on one of the ree ons. the several reasons why we're going to kind of stall out here. one i some shareholders are just saying no. you just talked about bertson's and rite aid and they took the pulse of investors and decided to walk away from at. you have a carl icahn dealing with cigna and he's say
. >> thether merger defined the scrap heap, tribune media calling off its $4 million ivice for sinclaircast group. suing sinclair for breach of contract sayin it did not do enough to get the deal approved by regulators. the sec chairman said he had serious concerns about this merger and he moved to block it. shares of both companies were higher by ay3% t >> so let's turn now to david a son for more on the m and landscape and when he sees ahead for future deal making. he is thehief...
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tribune media and the sinclair fallout, you have tribune, that whole merger is terminated and in fact suing sinclair for not making it so easy to have it approved and we did see the markets down and the nasdaq game. back to you. >> democrats and republicans, they poured a lot of money into the ohio special election, $8 million last count. democrats vote is slamming their own party leader for the problems they feel are coming in. nancy pelosi, is she still on the hot seat? we take that debate on part also tonight, anti- ice rhetoric is heating up. a man now under arrest for allegedly trying to hire a hitman to kill ice agents. he tweeted out on twitter all this offering $500. coming up the former immigrations and customs agent who says democrats care more about illegals than ice agents the first the man at the squalor mexican compound now linked to us isis compound and brought children to train them to commit mass school shootings spread this is on u.s. soil. they warned that week border policies cause this. the mastermind mohammed is former cia interrogator james mitchell and he joine
tribune media and the sinclair fallout, you have tribune, that whole merger is terminated and in fact suing sinclair for not making it so easy to have it approved and we did see the markets down and the nasdaq game. back to you. >> democrats and republicans, they poured a lot of money into the ohio special election, $8 million last count. democrats vote is slamming their own party leader for the problems they feel are coming in. nancy pelosi, is she still on the hot seat? we take that...
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Aug 29, 2018
08/18
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sinclair. nexstar and sinclair have the best political footprints followed by gray where there are toss-up races. >> toss-up races make investing in ads all the more importhyt, which isotal political ad spending is expected to reach nearly $4 billion this year. that's about $1 billion more than during the 2014 midterms, accoing to kantar media. spending on local tv ads is expected to grow14% to $2.4 billion, while political spenng on cable channels expected to grow 42% to $850mi ion. but the biggest jump in political ad spend is on digit platforms, expected to be up by 140% this year to some$600 million. as digital platforms and election manipulation remain in focus meve than er, facebook is launching a new archive of all political ads purchased and who paid for them. but even with the surge in digital advertising, kernos says he does not expect that growth spending,lize tv which remains king. >> the vast majority of political spend is still being spent on traditional media and local television
sinclair. nexstar and sinclair have the best political footprints followed by gray where there are toss-up races. >> toss-up races make investing in ads all the more importhyt, which isotal political ad spending is expected to reach nearly $4 billion this year. that's about $1 billion more than during the 2014 midterms, accoing to kantar media. spending on local tv ads is expected to grow14% to $2.4 billion, while political spenng on cable channels expected to grow 42% to $850mi ion. but...
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you wes bartlett about that and in a bizarre twist to a story we've been covering for months the sinclair and tribune media groups have terminated their multibillion dollar mergers and they are headed to court post the big picture holland cook weighs in on the source who it is turning into vents and archie's trinity troubles was reported on talk of companies for us in the past takes a look at coffee crops and the importance of coffee to very sick common these clusters tons of cryptocurrency news including allegations of market manipulation for christie i is back in the studio to help us understand the details all that's coming up but first we start with this it's another day and we not to another blow in the ongoing. trade war this time china and united states are at it again exchanging fire with a new round of tariffs on tuesday night the u.s. set in motion a twenty five percent tariff on sixteen billion dollars worth of chinese imports that will take effect on august twenty third on wednesday china took reciprocal action leving the same percentage duty on the same value of u.s. imports
you wes bartlett about that and in a bizarre twist to a story we've been covering for months the sinclair and tribune media groups have terminated their multibillion dollar mergers and they are headed to court post the big picture holland cook weighs in on the source who it is turning into vents and archie's trinity troubles was reported on talk of companies for us in the past takes a look at coffee crops and the importance of coffee to very sick common these clusters tons of cryptocurrency...
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Aug 10, 2018
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essentially they're saying that sinclair did not do enough to get the regulatory green light for thedonald trump had voiced his support for in the past. in the lawsuit they cite belligerent and unnecessarily protracted negotiations with tesla's board could ask elon musk to recuse himself when it comes to the discussions as to whether or not to move forward on that plan to take the company private. now, all in all, this could be a $72 billion deal, closer to $80 billion if you count the debt involved. so many questions still to be answered here on exactly where elon musk intends to get that financing. expect to get answer there's in the coming days, perhaps. >> interesting time for tesla. buffalo wild wings, frequent ee often in college, looking to become a one-stop destination for places wagers on sports. already a destination for wings, beer and sports. what more can you tell us? >> why not? right? you have your wings. the game's on tv. now saying we're going add sports betting to this. this is all taking advantage of changes in the supreme court ruling on lifting restrictions relat
essentially they're saying that sinclair did not do enough to get the regulatory green light for thedonald trump had voiced his support for in the past. in the lawsuit they cite belligerent and unnecessarily protracted negotiations with tesla's board could ask elon musk to recuse himself when it comes to the discussions as to whether or not to move forward on that plan to take the company private. now, all in all, this could be a $72 billion deal, closer to $80 billion if you count the debt...
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sinclair had wanted the merger to help create a rival to fox news. the trump administration unveiled new details today about establishing a so-called "space force" by the year 2020. if approved by congress, it would be the sixth branch of the military, anby a four-star general. the defense department hasn't yet calculated the cost. and stocks were mixed on wall street today.do thjones industrial average lost 74 points to close at 25,509. the nasdaq rose three points, and the s&p 500 slipped four. still to come on the newshour: on the ground in calnia where raging wildfires have dilaced thousands.e emlin responds to the latest u.s. sanctions, and much more. >> brangha california's mendocino complex wildfire became the largest in the state's history overnight. it's now burned an area nearly the size of los angeles. special correspondent cat wise isn the ground in northern california. >> reporter: a fire of unprecedented size, but scenes of striking familiarity: a thick haze over an entire region. homes charred, evacuees at shelters. the two fires that
sinclair had wanted the merger to help create a rival to fox news. the trump administration unveiled new details today about establishing a so-called "space force" by the year 2020. if approved by congress, it would be the sixth branch of the military, anby a four-star general. the defense department hasn't yet calculated the cost. and stocks were mixed on wall street today.do thjones industrial average lost 74 points to close at 25,509. the nasdaq rose three points, and the s&p...
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welcome thanks but i feel you know the first name now like madonna is just sinclair around the gun with whatever you call them claire skinner of bit mari is also at the black block chain summit the black bloc change summit i was coming up. look we're trying to take this amazing technology and solve some long existing problems in the black communities and we think this is a great way to do it so we're going to have subject matter experts in some of these particular topics be an education dealing with energy as well as having folks who are well versed in black chain technology we're going to put them together discuss these issues try to come up with some you know. actions you know that we can take from there and it will have a hackathon from that point in till november and i'm going to take all that energy from the hack a thons and hopefully next year we would have done something better and we're not going to have a meeting after meeting to meet we're going to actually do like they did with the declaration independence they went out and start shooting folks so after we do our meeting what
welcome thanks but i feel you know the first name now like madonna is just sinclair around the gun with whatever you call them claire skinner of bit mari is also at the black block chain summit the black bloc change summit i was coming up. look we're trying to take this amazing technology and solve some long existing problems in the black communities and we think this is a great way to do it so we're going to have subject matter experts in some of these particular topics be an education dealing...
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Aug 9, 2018
08/18
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first, tribune media is terminating its proposed merger with sinclair broadcasting. the nearly $4 billion deal would have combined two of the country's largest broadcasters into a giant with more than 200 stations. you might remember that sinclair made headlines after video came out of its news anchors across the country reading the same script over and over and over again. it's an organization that has been telling local stations what to say, and critics say sinclair is known for conservative views. >> more news after the break. an. my girls wanted our dog to enjoy some birthday cake this past >>> talk about having your cake and eating it too. a girl wanted to enjoy her birthday cake and enjoy it with her buddy, so he got a seat at the table. go to my facebook and see more of the video. >> decision 2020, should we get ready to start saying president harris? oddsmakers are bullish on a possible white house bid by kamala harris. she's now tied with another big name for the best odds among democrats. here's the list, according to online vetting site oddsshark. presiden
first, tribune media is terminating its proposed merger with sinclair broadcasting. the nearly $4 billion deal would have combined two of the country's largest broadcasters into a giant with more than 200 stations. you might remember that sinclair made headlines after video came out of its news anchors across the country reading the same script over and over and over again. it's an organization that has been telling local stations what to say, and critics say sinclair is known for conservative...
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the deal that sinclair will buy them for $3.9 billion. of talk about the date that this merger deal runs out being the end of the day today maybe midnight may be an announcement from tribune at the end of the close of the market today. there announcement on whether they are in or out following the sec statement. it is not a good deal. they refer to the sec and the administrative court judge which usually kills such deals. whether to stay in or out. we understand that they had been liberating about getting out of the deal. i know they are talking about it. we understand that this statement of some type whether they're in or out is going to come intimately. look at the tribune stock on this news. people think they're going to be other bidders for it.ç it doesn't mean it will happen. they may find there is an outside chance. so they roll the dice. the investors are betting a second happen. working to know where this is going in the next 24 to 48 hours. i would say this. chances are this is essentially a bad deal. and they referred to the ad
the deal that sinclair will buy them for $3.9 billion. of talk about the date that this merger deal runs out being the end of the day today maybe midnight may be an announcement from tribune at the end of the close of the market today. there announcement on whether they are in or out following the sec statement. it is not a good deal. they refer to the sec and the administrative court judge which usually kills such deals. whether to stay in or out. we understand that they had been liberating...
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Aug 9, 2018
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lending sinclair, they have -- blaming sinclair, take a look at tesla.la here. they have given back their gains made after elon musk take private tweet. the sec is scrutinizing them after that tweet. scarlet: thank you. let's get you to first word news with mark crumpton. mark: federal appeals court said the trip administration endangered public health keeping the top-selling pesticide on the market despite extensive scientific evidence that tiny levels can harm baby brains. circuit court of appeals ordered the informant of protection agency to remove it from sale in the u.s. within 60 days. the associated press is reporting the kansas secretary of state's lead over the governor has shrunk to 91 votes in the republican primary after election officials discovered a mistake in the listing for one county's results in the overall tally. 311,000 votes were cast tuesday. officials from north and south korea will meet monday for high-level talks in advance of a summit between the leaders of the two countries keep -- countries. washingtoncomes when ramps up pres
lending sinclair, they have -- blaming sinclair, take a look at tesla.la here. they have given back their gains made after elon musk take private tweet. the sec is scrutinizing them after that tweet. scarlet: thank you. let's get you to first word news with mark crumpton. mark: federal appeals court said the trip administration endangered public health keeping the top-selling pesticide on the market despite extensive scientific evidence that tiny levels can harm baby brains. circuit court of...
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Aug 5, 2018
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it was led by john sinclair. who was himself a poet and an and a veryactivist sincere one. -- who went four denver tor in 2008 purchase pagan demonstrations at the democratic convention. here's protest the mcc the description. there was no stage, no flatbed truck, no sound system, no toilets, trinity. we had to run electric cord from the hot dog stand to power our gear. we played on the ground the middle of linkin park in chicago with the crowd around us sitting on the ground in the back the chicago police have been very aggressive and very intimidating all day. even though it was a rock concert and we're the only then to play it and feeling of rock concert. we knew the likelihood of people being heard was great. the police started attacking the crowd. a few other artists i should say it come to the protest. weren't some of you may be familiar with. powerful and important folk artist. you can see pictures of him .erforming formed under similar circumstances to what phil oaks had. as i was thinking about this back
it was led by john sinclair. who was himself a poet and an and a veryactivist sincere one. -- who went four denver tor in 2008 purchase pagan demonstrations at the democratic convention. here's protest the mcc the description. there was no stage, no flatbed truck, no sound system, no toilets, trinity. we had to run electric cord from the hot dog stand to power our gear. we played on the ground the middle of linkin park in chicago with the crowd around us sitting on the ground in the back the...
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Aug 9, 2018
08/18
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♪ >> mike: in the media business, tribune has withdrawn from its nearly $4 billion merger with sinclairbid to create a massive media juggernaut. tribune media is on the hook for a $135 million breakup fee, it's suing sinclair for breach of contract and at least a billion dollars in damages. stocks were mixed, the dow lost 74 and a half, nasdaq gained three. president trump real estate empire is one of the companies that could benefit from a new tax break as part of last year's trillian of the half-dollar tax cuts. >> good evening, mike, the treasured department issued a report of the types of companies and individuals eligible to qualify pass-through entities. those get a 20% tax deduction. there's a 184 page rulebook that starts to define which type of businesses are eligible. it's too early to tell exactly who was going to get the break since the law gives the irs widely way to interpret key provisions. what is clear is that this tax law is going to be affecting a lot of americans. pass-through accounts for more than half of american businesses in the majority of small businesses. in
♪ >> mike: in the media business, tribune has withdrawn from its nearly $4 billion merger with sinclairbid to create a massive media juggernaut. tribune media is on the hook for a $135 million breakup fee, it's suing sinclair for breach of contract and at least a billion dollars in damages. stocks were mixed, the dow lost 74 and a half, nasdaq gained three. president trump real estate empire is one of the companies that could benefit from a new tax break as part of last year's trillian...
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Aug 31, 2018
08/18
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sinclair lewis, marshal, outlining the marshal plan at harvard university.great bulk of literary presentation that evening was an unpublished work by ernst hummingway, originally they were going to do killers which would have been a terrible choice but it was a presentation that eventually became islands in the stream and published in 1970. a select few after the evening was over were invited up to the yellow room in the private residence. william stiren provided interesting insights into the evening said that -- recounts how when a social aide came up to him to say that the president would like you and mrs. stiren to come to the residence he said that -- [laughter] >> the train is passing. he said -- i knew it. he's after my wife. [laughter] >> well, as it turns out they had a great evening and made plans for sailing with the kennedys in a couple of months. robert frost was there and diane was there. it was a select group of about a dozen people. so i will be glad to talk more about the people that were there and the interactions, relationships which are re
sinclair lewis, marshal, outlining the marshal plan at harvard university.great bulk of literary presentation that evening was an unpublished work by ernst hummingway, originally they were going to do killers which would have been a terrible choice but it was a presentation that eventually became islands in the stream and published in 1970. a select few after the evening was over were invited up to the yellow room in the private residence. william stiren provided interesting insights into the...
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Aug 15, 2018
08/18
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brendan rodgers' side went 2—0 down just after half time and despite a goalfrom scott sinclair it wasere three other former winners went through with ajax, benfica and red star belgrade moving to the final round before the competition proper, but it was the scottish champions who failed to join them. real madrid will play their first competitive game without cristiano ronaldo when they take on city rivals atletico madrid in the uefa super cup in estonia on wednesday. real have won just one of their past 10 la liga meetings with atletico but have won the champions league for the past three seasons, while atletico are europa league champions. translation: it is a privilege every time that you are playing in a final, it means you have done things right, and winning three champions league titles in a row means you have the chance to reaffirm yourselves as champions and we would be very excited to achieve this new record. tennis now, and roger federer breezed through to the third round of the cincinnati masters after a 6—4, 6—4 win over germany's peter gojowczyk, and he'll play argentina's
brendan rodgers' side went 2—0 down just after half time and despite a goalfrom scott sinclair it wasere three other former winners went through with ajax, benfica and red star belgrade moving to the final round before the competition proper, but it was the scottish champions who failed to join them. real madrid will play their first competitive game without cristiano ronaldo when they take on city rivals atletico madrid in the uefa super cup in estonia on wednesday. real have won just one of...
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Aug 29, 2018
08/18
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sinclair nexstar and sinclair have the best political footprints followed by gray where there are toss-up> toss-up races make investing in ads all the more important, which is why total political ad spending is expected to reach nearly $4 billion this year. that's about $1 billion more than during the 2014 midterms, according to kantar media. spending on local tv ads is expected to grow 14% to $2.4 billion, while political spending on cable channels expected to grow 42% to $850 million. but the biggest jump in political ad spend is on digital platforms, expected to be up by 140% this year, to some $600 million. as digital platforms and election manipulation remain in focus more than ever, facebook is launching a new archive of all political ads purchased and who paid for them. but even with the surge in digital advertising, kernos says he does not expect that growth to cannibalize tv spending, which remains king >> the vast majority of political spend is still being spent on traditional media and local television in particular it's been proven to be the most effective medium and i think i
sinclair nexstar and sinclair have the best political footprints followed by gray where there are toss-up> toss-up races make investing in ads all the more important, which is why total political ad spending is expected to reach nearly $4 billion this year. that's about $1 billion more than during the 2014 midterms, according to kantar media. spending on local tv ads is expected to grow 14% to $2.4 billion, while political spending on cable channels expected to grow 42% to $850 million. but...
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Aug 9, 2018
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. >>> the tribune company is terminating a proposed proposed a 3. 9 merger with the sinclair.just backing out of that deal it plans to sue sinclair, accusing them of not making adjustments to comply with federal regulations. >>> tesla is being investigated. the wall street reports that the fcc is looking into whether tesla's ceo really has funding lined up to take tesla private as he claimed in a tweet on tuesday. if he does not, he could possibly face civil and maybe criminal penalties. that one tweet on tuesday sent tesla's stock soaring. the shares were halted for about 90 minutes. >>> there is a new study in san francisco become first-time mothers later in life than anywhere else in america. married women living in san francisco are 32 years old when they first become mothers. they are almost 33 if they have a college degree. the average age of first-time mothers in the u.s. in general is 26. the reason is pretty complex. but the recent study said it may come down to education. women with college degrees give birth and average of 7 years earlier than those with degrees. >>
. >>> the tribune company is terminating a proposed proposed a 3. 9 merger with the sinclair.just backing out of that deal it plans to sue sinclair, accusing them of not making adjustments to comply with federal regulations. >>> tesla is being investigated. the wall street reports that the fcc is looking into whether tesla's ceo really has funding lined up to take tesla private as he claimed in a tweet on tuesday. if he does not, he could possibly face civil and maybe criminal...
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Aug 14, 2018
08/18
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things looked beyond their reach when marco doubled the host lead, but scott sinclair came off the bench hope with 12 minutes to go. they came close, but not close enough, out by the finest of margins, but at a great cost. there we re margins, but at a great cost. there were 3a ties in the first round of the league cup tonight, teens from league1 the league cup tonight, teens from league 1 and two and the championship at this stage although stoke n'zonzi had to buy into the next round. no extra time played. we have nine penalty shoot outs, that is how week two l exit knockout championship side ipswich. 0ver is how week two l exit knockout championship side ipswich. over 60 places separated aston villa and yeovil town. still a tight match, just the one goal in it, villa left very late, the poll in the 77th minute came as some relief to steve bruce's site as they have booked their place in the second round. we can get all the league cup result on the bbc sport website on the football pages and also on there you can find out all those championship lead qualifying —— champions league qualify
things looked beyond their reach when marco doubled the host lead, but scott sinclair came off the bench hope with 12 minutes to go. they came close, but not close enough, out by the finest of margins, but at a great cost. there we re margins, but at a great cost. there were 3a ties in the first round of the league cup tonight, teens from league1 the league cup tonight, teens from league 1 and two and the championship at this stage although stoke n'zonzi had to buy into the next round. no extra...
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Aug 9, 2018
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a brutal pressn release terminates discussion clearinclair and made they will sue sinclair in some formnal. their chief executive officer says of tribune, "this uncertainty would be detrimental to our company tribune and tribune shareholders. accordingly, we have exercised our right to terminate the merger agreement and by way of our lawsuit intend to hold sinclair accountable." all sorts of american politics involved here over sinclair, a conservative invoice wanting to keep attached to their station network. that was maybe that nuance beneath this proposed merger. francine: this comes two weeks chairman said he stood by his agencies decision acquisitionlair's to a meeting, so also a political dimension. we turn to international economics and politics, first word news. russia is threatening to retaliate for a new round of u.s. sanctions. the u.s. is imposing penalties to punish the government for the nerve agent attack on a former double agent and daughter in the u.k. response wast defiant fight and officials denied any involvement, that they stopped short of threatening specific measu
a brutal pressn release terminates discussion clearinclair and made they will sue sinclair in some formnal. their chief executive officer says of tribune, "this uncertainty would be detrimental to our company tribune and tribune shareholders. accordingly, we have exercised our right to terminate the merger agreement and by way of our lawsuit intend to hold sinclair accountable." all sorts of american politics involved here over sinclair, a conservative invoice wanting to keep attached...
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Aug 8, 2018
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julie: and news on the sinclair situation today.is afternoon when 21st century fox reports earnings. news, the u.s.ng says it will impose sanctions on brescia over use of a chemical in march.he u.k. this is according to the state department. department found russia was using chemical or biological weapons in violation of international law. for more context you want to , this is something julie and i were discovering -- disgusting -- discussing with our national security reporter as well. coming now decision when the event happened in march and the u.k. government reacted more quickly? there was a time delay, a lag. why now? >> part of this is the result of a statutory obligation the united states government has. under u.s. law was the u.s. basically accused russia of responsibility in this attack it to basically make the formal designation and then under which sanctions within going to affect. so it took longer than anticipated. the deadline came and went. there was never sponsored. finally now they have announced under the 1991 che
julie: and news on the sinclair situation today.is afternoon when 21st century fox reports earnings. news, the u.s.ng says it will impose sanctions on brescia over use of a chemical in march.he u.k. this is according to the state department. department found russia was using chemical or biological weapons in violation of international law. for more context you want to , this is something julie and i were discovering -- disgusting -- discussing with our national security reporter as well. coming...
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Aug 9, 2018
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sinclair had hoped to use the transaction to become a powerhouse. milestone for the home rental industry. partners sold 3200 rental homes. the purchase was facilitated by a loan from freddie mac. it is the biggest deal in the single-family rental program. morgan stanley adding to the bearish call on the technology or. the firm says it is time to step away from semiconductor stocks. morgan stanley said cyclical andcators are flashing red u.s. chip stocks have the worst risk reward ratio in years. ruble plungedsian to a two-year low after the u.s. announced a new sanctions to punish the kremlin for the nerve agent attack in the u k this year. the sanctions imposed under a 1991 long chemical weapons limit exports of technology related to national security, but exams cooperation on the u.s. international's best a. welcome now gregory white from moscow. good to have you. is this a surprise? there is a statute that requires the u.s. to do this. it was a surprise. i don't think anybody noticed the statute and there was a requirement, so when the announceme
sinclair had hoped to use the transaction to become a powerhouse. milestone for the home rental industry. partners sold 3200 rental homes. the purchase was facilitated by a loan from freddie mac. it is the biggest deal in the single-family rental program. morgan stanley adding to the bearish call on the technology or. the firm says it is time to step away from semiconductor stocks. morgan stanley said cyclical andcators are flashing red u.s. chip stocks have the worst risk reward ratio in...
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. >> first, happening now, tribune media is terminating its proposed merger with sinclair broadcastingthe nearly $4 billion deal would have combined two of the country's largest broadcasters into a giant with more than 200 stations. you might remember that sinclair came under fire after video came out of its news anchors across it country reading the exact same script over and over again. it's an organization that is considered very conservative that's been telling local stations what to report. more news after the break. in the bay-- air quality conc >>> welcome back. before you head out the door, here are the top tostory on tod in the bay. >> air quality concerns today with another spare the air alert. the wildfires are raging state-wide, and still making it very hard to breathe in the bay area. these are the skies in san jose, fremont, emeryville, dublin. everybody is getting a little taste of that smoke. kari is back with us in a few moments on when we can expect the smoke to clear out. >> also, the red flag conditions continue to cause problems for firefighters across the state ba
. >> first, happening now, tribune media is terminating its proposed merger with sinclair broadcastingthe nearly $4 billion deal would have combined two of the country's largest broadcasters into a giant with more than 200 stations. you might remember that sinclair came under fire after video came out of its news anchors across it country reading the exact same script over and over again. it's an organization that is considered very conservative that's been telling local stations what to...
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you know, like when sinclair media asked local anchors at their stations to read the same promo scripts to describe their newscasts, they were derided by legacy media as orwellian, soviet style propaganda, so it created local. oh, the outreach. >> the idea there, all these anchors come all these markets, that were required to read these scripts, attacking state news. >> if you are centralizing a political message to however many, more than 200 stations i think it will be if they get the ftc approval for this, to 200 stations, you have one of the great political must think messaging machines in the world. >> laura: it was an abuse of the media for sinclair to air these homogenized promos to local markets. but with a legacy media coordinate messages across local markets, it is apparently no problem at all. tomorrow, over 350 papers organized by "the boston globe" will print coordinated editorials to denounce the president for his fake news comments and media trash talk. sounds like one of the great political messaging machines and the entire world, if you ask me. marjorie prichard at "the
you know, like when sinclair media asked local anchors at their stations to read the same promo scripts to describe their newscasts, they were derided by legacy media as orwellian, soviet style propaganda, so it created local. oh, the outreach. >> the idea there, all these anchors come all these markets, that were required to read these scripts, attacking state news. >> if you are centralizing a political message to however many, more than 200 stations i think it will be if they get...
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>>ma laura: so it was an abuse of the media for sinclair to air these homogenized promos on the local market. but when the legacy media coordinate messages across local markets, it is apparently no problem at all. tomorrow, over 350 papersos organized by "the boston globe" will print coordinated editorials to denounce the president for his fake news comments and media trash talk. sounds like one of the great political messaging machines and the entire world, if you ask me. marjorie prichard at "the boston globe" told cnn, "we have some big newspapers but the majority are smaller markets. all are enthusiastic of standing up to the trump's assault on journalism."o what we are witnessing is the full-on politicization of the media. as steve bannon once said, the media have become the opposition party and that is a pity. ii think it's ever since their disastrous misreading of the electorate in 2016, they've excessively worked to prove themselves right. in other words, on just about every issue, they paint the most insidious portrait possible of the president in order thatt later on they ca
>>ma laura: so it was an abuse of the media for sinclair to air these homogenized promos on the local market. but when the legacy media coordinate messages across local markets, it is apparently no problem at all. tomorrow, over 350 papersos organized by "the boston globe" will print coordinated editorials to denounce the president for his fake news comments and media trash talk. sounds like one of the great political messaging machines and the entire world, if you ask me....