Sinclair Broadcast Group Inc. plans to drive still more consolidation among television stations after propelling industry deals to their fastest pace in six years.
Charter Communications Inc. may not lick its wounds for long before trying to grab another piece of the consolidating U.S. cable industry.
Media General Inc. agreed to acquire LIN Media LLC for about $1.6 billion, winning a prized collection of local-TV stations in an industrywide race to take advantage of climbing fees from cable providers.
Sinclair Broadcast Group Inc. tried and failed to steal Belo Corp. from the clutches of Gannett Co., leaving Gray Television Inc. and Lin LLC as targets for the largest U.S. TV station owner.
"It was a good performance for the film."
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