Sinclair Undercut by CBS in Local-TV Giant’s Battle with Hulu

Bloomberg: Sinclair Broadcast Group, the largest owner of local TV stations in the U.S., just lost a bargaining chip in its negotiations with streaming service Hulu. Sinclair had refused to let Hulu offer live CBS programming in two dozen markets across the U.S. unless the online TV platform also agreed to carry another Sinclair property, the Tennis Channel.