Sinclair Broadcasting Group

Sinclair confirms the launch of its own streaming service

Sinclair broadcast group sign.
Photo: William Thomas Cain/Getty Images.

Sinclair Broadcast Group CEO Chris Ripley said at the NAB Show New York that his company’s rumored ad-supported streaming service, Stirr, will launch soon.

Why it matters: Sinclair is trying to grab a piece of the cord-cutting population, and will compete with dozens of local and national networks. CBS News already has an ad-supported news streaming service. This year, Fox News announced its own subscription service Fox Nation.

DOJ antitrust chief raises concerns about local news

Makan Delrahim surrounded by cameras
Makan Delrahim. Photo: Nicholas Kamm/AFP via Getty Images

The Justice Department’s top antitrust regulator said Friday that he has grown concerned about changes to the local media market in an age of increased consolidation and ad revenue lost to platforms like Facebook and Google.

Why it matters: Facebook and Google have been squarely in the sights of publishers for years, who would likely be pleased by some sort of action on the issue from DOJ.