Sinclair Bcst. said FCC shouldn’t require it to terminate some lo...
Sinclair Bcst. said FCC shouldn’t require it to terminate some local marketing agreements (LMAs) until legality of requirement is determined. In petition for stay, Sinclair said it invested millions of dollars in station programming based on “reasonable expectation” of…
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long-term return on investment. Terminations would be required under ownership caps, which are likely to be overturned, Sinclair said. It also said ending LMAs would violate First Amendment.