StockWatch
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Broadcasting
RegulatoryJul 15, 2026, 10:53 AM

Sinclair praises FCC's move to modernize media ownership rules

AI Summary

Sinclair, Inc. President and CEO Chris Ripley issued a statement commending the Federal Communications Commission (FCC) for considering modernizing its national ownership restrictions. The FCC is set to discuss these changes at its August Open Meeting. Sinclair believes that updating these rules is common sense, given the significant changes and disruption within the media ecosystem, and supports efforts to empower local broadcasters.

Key Highlights

  • Sinclair CEO Chris Ripley issued a statement regarding FCC's potential rule changes.
  • The FCC will consider modernizing national ownership restrictions at its August Open Meeting.
  • Sinclair commends Chairman Carr for considering action to update FCC rules.
  • The company believes updated rules are common sense given changes in the media ecosystem.
  • Sinclair emphasizes the importance of empowering local broadcasters.