# Sinclair CEO Welcomes FCC Ownership Cap Repeal

- Topic: business
- Source: Deadline
- Published: 2026-08-05
- Original: https://deadline.com/2026/08/sinclair-ceo-chris-ripley-fcc-station-ownership-cap-1237022589/
- Language: en
- Image: https://deadline.com/wp-content/uploads/2026/08/Sinclair-HQ.jpg

Sinclair CEO Chris Ripley expressed enthusiasm about the FCC's planned repeal of the federal ownership cap on local TV stations. The change aims to ease restrictions on media consolidation. However, legal challenges are expected. Sinclair reported mixed Q2 earnings, with revenue up 7% but net losses doubling.

## Key takeaways

- The FCC plans to vote on repealing the federal ownership cap on local TV stations.
- Sinclair CEO Chris Ripley welcomes the change, citing its potential to facilitate large-scale M&A.
- The company reported mixed Q2 earnings, with revenue up 7% and net losses doubling.
- Legal challenges to the repeal are widely expected.

> Summary by Daily Read Bytes. Read the original at https://deadline.com/2026/08/sinclair-ceo-chris-ripley-fcc-station-ownership-cap-1237022589/