Sinclair Closes on Four Points Deal
Sinclair Broadcast Group has closed on its acquisition of Four Points Media, which it obtained from affiliates of Cerberus Capital Management for $200 million.
Sinclair had been operating the Four Points TV stations since Oct. 1, pursuant to a Local Marketing Agreement, while it awaited FCC approval. The acquisition was announced in September.
The stations are KUTV-KMYU Salt Lake City, KEYE Austin, WTVX-WTCN-WWHB West Palm Beach, and WLWC Providence.
Sinclair now owns and operates, programs or provides sales services to 73 television stations in 46 markets.
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Michael Malone, senior content producer at B+C/Multichannel News, covers network programming, including entertainment, news and sports on broadcast, cable and streaming; and local broadcast television. He hosts the podcasts Busted Pilot, about what’s new in television, and Series Business, a chat with the creator of a new program, and writes the column “The Watchman.” He joined B+C in 2005. His journalism has also appeared in The New York Times, The Philadelphia Inquirer, Playboy and New York magazine.