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Sinclair Broadcast Group Inc.
FCC issues new rules that crack down on local TV partnerships
FCC issues new rules that crack down on local TV partnerships

The Federal Communications Commission approved new rules Monday that will greatly reduce and potentially bring to an end the popular practice of business partnerships between competing local television stations. FCC Chairman Tom Wheeler said such partnerships have been abused by many broadcasters who have used so-called joint sales agreements to get around the regulatory agency's rules limiting the number of television stations a broadcaster can own. The new guidelines are seen as a blow to several big broadcasters including Sinclair Broadcast Group and Nexstar Broadcasting, two of the nation's largest owners of local television stations. The FCC did not say how many JSAs...

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