Comcast, the nation’s largest cable and Internet provider, is buying Tribune Media for $3.3 billion, according to people familiar with the deal.
The company’s chief executive, Brian Roberts, will be chief operating officer of the newly formed Tribune Media Corporation.
Roberts is known as a savvy dealmaker and has long been a supporter of Republican candidates.
He also is a longtime friend of President Donald Trump and has been a leading booster of his 2016 presidential campaign.
Comcast has been working to build a strong business in the wake of the repeal of the Affordable Care Act and the election of Republican Gov.
In March, the company said it would buy Time Warner Cable, the largest U.S. cable and satellite TV provider, for $85.5 billion.
Tribune is also the publisher of The Chicago Tribune, a major U.K. newspaper.