In May, the Sinclair Broadcast Group – one of the largest owners of TV stations in the country –announced plans to spend $3.9 billion to acquire Tribune Media, parent company of 42 TV stations – such as WGHP, the Fox station in High Point, and in larger markets like Chicago and Los Angeles. The resulting merger would create a broadcasting behemoth of more that 230 stations reaching some 72 percent of the television viewing audience coast-to-coast.