<div id="readability-page-1">(Corrects paragraph 1 of November 24 story to say deal values Scripps at $622 million, not $538 million) Nov 24 (Reuters) - U.S. broadcaster Sinclair has offered to buy E.W. Scripps in a cash-and-stock deal that values its smaller rival at $622 million, as cord-cutting and competition from streaming services lead to consolidation in the media industry. The bid, disclosed in a regulatory filing</div>

<p>Sinclair has offered to acquire E.W. Scripps in a cash-and-stock deal valued at $622 million. This move is part of a broader trend of consolidation in the media industry, driven by cord-cutting and competition from streaming services. The bid was disclosed in a regulatory filing.</p>

Sinclair offers to buy E.W. Scripps in bid to expand broadcast TV reach (November 24)