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19.08.25 - 15:03
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Local TV-Station Owner Sinclair Seeks Merger With Rival Tegna (ZeroHedge)
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Local TV-Station Owner Sinclair Seeks Merger With Rival Tegna
One week after Sinclair, one of the largest U.S. broadcast station owners, announced a "strategic review" of its business, the Wall Street Journal reports the broadcaster has offered to merge with rival Tegna, according to people familiar with the matter.
The broadcaster, based in Hunt Valley, Maryland - just north of the crime-ridden Baltimore City - has proposed separating its Ventures business, which includes several media assets such as the Tennis Channel, and merging its broadcast TV unit with Tegna in a deal valuing Tegna shares at around $25 to $30.
The deal to merge Sinclair, which operates 178 stations across major markets, and Tegna, which operates 64 stations in major markets, comes as Tegna is in advanced talks with rival Nexstar Media. For context, Nexstar is the largest television broadcaster in the nation, with 200 stations across major markets.
Here is the deal structure according to WSJ sources:
Str...
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19.08.25 - 11:24
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Do you have a high street full of gambling shops breeding poverty and addiction? I have a way to fight back | Dawn Butler (The Guardian)
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Communities feel powerless because the law gives betting firms the upper hand. But a simple change could transfer power to the people• Dawn Butler is MP for Brent EastWalking down their local high streets, people in Britain are increasingly unlikely to come across a local butcher, baker or grocery shop, and more likely to find betting shops, casinos, adult gaming centres (AGC) and so-called bingo venues, where traditional bingo is muscled out by money-sapping slot machines. These establishments are taking over our town centres at an alarming rate. From talking to my constituents in Brent, west London, and residents across the capital, I know that people have had enough.That's why this summer I have launched a campaign for urgent reform of our gambling laws. Ministers must give local authorities and people greater power to tackle this issue and reclaim our high streets. Currently, billionaire-owned overseas corporations have too much power, and local people have none. That needs to change. And it's tim...
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17.08.25 - 20:03
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Trump Says He Will Push For Release Of Pro-Democracy Hong Kong Media Tycoon Jimmy Lai (ZeroHedge)
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Trump Says He Will Push For Release Of Pro-Democracy Hong Kong Media Tycoon Jimmy Lai
Authored by Bill Pan via The Epoch Times (emphasis ours),
President Donald Trump has said he would do what he can to help secure the release of Hong Kong media tycoon Jimmy Lai, who has been imprisoned since late 2020 for his role in the city's pro-democracy protests.
A prison van believed to be carrying Jimmy Lai arrives at the West Kowloon Magistrates' Courts building, where the founder of the now-defunct pro-democracy newspaper Apple Daily is set to take the witness stand for the first time in his national security collusion trial, in Hong Kong on Nov. 20, 2024. Tyrone Siu/Reuters
Speaking on Aug. 14 on Fox News Radio's “The Brian Kilmeade Show,” Trump said he had urged China to free Lai during his previous administration and is willing to raise the issue again, should he meet with Chinese leader Xi Jinping in the future.
“I'm going to be bringing it up—I've already brought it up—and I'm go...
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16.08.25 - 14:18
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Call to ban ′intolerant′ child-free resorts and hotels in France (The Guardian)
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Senator Laurence Rossignol says 'we can't organise society by separating children off', as debate grows across the countryChild-free resorts and adult-only hotels are discriminatory, risk creating a society of intolerance and should be banned, a French senator has said, amid a growing debate in France on whether it is inhumane to exclude children from holidays.“We can't organise society by separating children off from ourselves in the same way some establishments don't take dogs,” said Socialist senator and former French families minister Laurence Rossignol. “Children aren't troublesome pets.” Continue reading......
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