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Conan Reveals Local News Is Not So Local and Are Reading From the Same Script
Conan Reveals Local News Is Not So Local and Are Reading From the Same Script
According to the Baltimore Sun (11/6/13):
"So far this year, 223 local TV stations have changed hands. This is the biggest wave of media consolidation ever — and it's all happening in small and mid-level markets, involving companies most people have never heard of.
Leading this wave is Hunt Valley-based Sinclair Broadcast Group. Sinclair alone is behind seven deals this year, including a $985-million deal to buy nine stations from Allbritton Communications. But it's not alone; other media companies are also racing to gobble up stations.
And these companies are doing everything they can to maximize profits. Just last month, Sinclair fired nearly 30 employees from Seattle's KOMO and Portland, Ore.'s KATU. This is par for the course for Sinclair, where the average number of employees per station has declined by nearly 20 percent since 2001.
Read more: http://www.baltimoresun.com/news/opinion/oped/bs-ed-sinclair-20131106,0,651982.story#ixzz2nmTNUdkL
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