Sinclair Inc

Sinclair Broadcast Group, Inc. is a media company engaged in the provision of local sports and news. It operates through the following segments: Broadcast, Local Sports, and Others. The Broadcast segment consists of television stations which offer programming and operating services, and sales and other non-programming operating services. The Local Sports segment consists of regional sports networks, the Marquee Sports Network, Yankee Entertainment, and Sports Network LLC. The company was founded by Julian Sinclair Smith in 1986 and is headquartered in Hunt Valley, MD.

Earnings data Q1 2021

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Earnings data Q1 2022

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Sinclair Inc reports record revenues in 2022, eyes technology investments

Sinclair Inc's Q4 2022 earnings call highlighted strong financial performance, strategic investments in technology, and a focus on sustainability. Challenges include declines in net retrans growth and negotiations with CBS stations. Opportunities exist in political ad revenue, distribution renewals, and deleveraging through buybacks.

Sinclair Inc (SBGI) reports strong Q1 performance and eyes growth opportunities

Sinclair Inc (SBGI) showcased strong financial and operational performance in Q1 2023, driven by robust media revenues and strategic advancements in key assets.
While facing challenges from industry uncertainties and leverage changes, Sinclair's reorganization and technology investments position it well for future growth.
Opportunities lie in FCC initiatives, leverage reduction plans, subscriber repricing, and strong local ad performance, offering avenues for revenue enhancement.
Overall, Sinclair's focus on innovation, strategic growth, and revenue diversification underscores its resilience and potential for sustained success in the market.

Sinclair Inc exceeds Q2 expectations, eyes growth in political advertising

Sinclair Inc's Q2 2023 performance showcased resilience in revenue generation and cost management, with the Local Media segment contributing significantly to adjusted EBITDA.
Despite challenges in programming exclusivity and fundraising, the company's strengths in community relevance and strategic partnerships position it well for future growth opportunities.
Opportunities in political advertising, technology investments, and debt reduction strategies present avenues for Sinclair to drive revenue growth and enhance shareholder value.

Sinclair Inc surpasses Q3 expectations, eyes record political ad revenues

Sinclair Inc (SBGI) delivered strong financial results in Q3 2023, exceeding guidance and showcasing resilience in a competitive market.
The company's focus on local media transformation, strategic pillars, and diversified revenue streams underpin its growth trajectory.
While facing challenges in navigating industry dynamics and managing debt reduction, Sinclair is well-positioned to capitalize on opportunities in political ad spending and digital advertising.
Overall, Sinclair's innovative initiatives, commitment to operational excellence, and strategic investments position it for sustainable growth and value creation.

Sinclair Inc reports solid Q4 results and eyes growth in 2024

Sinclair Inc's Q4 earnings call highlighted strong performance, diverse strengths, key challenges, and promising opportunities for growth in 2024.
The company's focus on industry leadership, financial stability, and strategic growth drivers positions it well for the future amidst evolving market dynamics.
By addressing challenges, leveraging strengths, and seizing growth opportunities, Sinclair Inc aims to maintain its competitive edge and drive value for stakeholders.

Sinclair Inc reports strong Q1 results and focuses on debt reduction for future growth

Sinclair Inc (SBGI) showcased strong Q1 performance, with a focus on debt reduction and shareholder returns.
The company faces challenges from subscriber churn and interest rate impacts but is poised for revenue growth opportunities.
Opportunities lie in political revenues, asset monetizations, and diversified sales approaches for future financial strength.
Strategic investments in core advertising, debt reduction, and asset monetizations position Sinclair for sustained growth and profitability.

Sinclair Inc reports robust Q2 results, eyes growth opportunities ahead

Sinclair Inc (SBGI) delivered strong Q2 financial results, with revenue meeting expectations and adjusted EBITDA exceeding guidance. The company's emphasis on Local Media Broadcast assets and broadcast television's value showcases its market positioning and revenue potential.
Despite facing challenges in maintaining advertising growth and adapting to changing media dynamics, Sinclair Inc's strong performance and diversified revenue streams provide a solid foundation for future growth. The company's focus on trust in local news and revenue diversification highlights strategic priorities for sustained success.
With opportunities to leverage its assets for national reach, capitalize on live sports programming, and explore new revenue streams, Sinclair Inc is well-positioned for growth. By embracing digital integration and innovative strategies, the company can navigate challenges and drive long-term success in the evolving media landscape.

Sinclair Inc. reports solid Q3 results, eyes industry consolidation opportunities

Sinclair Inc. delivered solid Q3 results with record political ad revenues and growth in core advertising and distribution revenues.
The company faces challenges from late political ad cancellations impacting revenues and an expected decline in core advertising for Q4.
Opportunities lie in industry consolidation, M&A activities, debt management, and diversification through new product launches.
Sinclair remains focused on reducing leverage, exploring growth opportunities, and maximizing efficiencies in debt management for future success.

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Sinclair, Inc. is a media company that engages in providing content on local television stations and digital platforms. It also owns digital media products that are complementary to their extensive portfolio. It operates through the Local Media and Tennis segments. The company was founded by Julian Sinclair Smith in 1971 and is headquartered in Hunt Valley, MD.

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) today announced Franco Gentile has been named Vice President/General Manager of KPTM (FOX) in Omaha, Nebraska. Gentile will also oversee Sinclair's provision of services to KXVO (CW affiliate). Gentile has held several leadership positions across Sinclair, most recently as Director of Sales at WSYX/ABC 6, FOX28 and WWHO/CW, in Columbus, Ohio, where he developed cross-product sales strategies and successfully led the stati

Sinclair Broadcast Group Names Franco Gentile Vice President/General Manager of KPTM and KXVO in Omaha, Nebraska

BALTIMORE--(BUSINESS WIRE)--Bally Sports, a division of Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) has named Rebecca O'Sullivan-Schulte Senior Vice President and General Manager of Bally Sports West, Bally Sports SoCal and Bally Sports San Diego. The announcement was made today by Steve Rosenberg, President, Bally Sports. “Rebecca is a proven leader with a great track record of success in the RSN and local sports business and we are thrilled she is joining our team,” said Mr. Rosenberg. “As

Rebecca O'Sullivan-Schulte Named Senior Vice President and General Manager of Bally Sports West, Bally Sports SoCal and Bally Sports San Diego

BALTIMORE--(BUSINESS WIRE)--Tennis Channel, owned by Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), announced today that British tennis fans will now have access to Tennis Channel's world-class coverage thanks to today's U.K. launch of its Tennis Channel International streaming service. Tennis Channel is the broadcast home of tennis around the world, with millions of people tuning in to watch live tennis and features or hear from their favorite players. After a successful launch in Germany, Aus

Tennis Channel Brings Tennis Home to U.K. Fans

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) today announced KOMO, its Seattle, Washington television station, has been honored with a National Edward R. Murrow Award, one of the highest honors in journalism, in the Feature Reporting category. The Murrow Awards are sponsored by the Radio Television Digital News Association (RTDNA), honoring outstanding achievements in broadcast and digital journalism. In the award-winning segment, The Boy Who Loves Cars, KOMO report

Sinclair Broadcast Group's Seattle Television Station KOMO Wins National Edward R. Murrow Award for Excellence in Journalism

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) (“Sinclair” or the "Company"), today announced that Daniel J. Hoffman has been promoted to Senior Vice President of Sales Transformation. Hoffman will report to Rob Weisbord, President, Broadcast and Chief Advertising Revenue Officer, and will lead the Company's data and technology integration into the sales process. “Dan has over twenty-five years of experience in the broadcast and cable industry with an extensive backgr

Sinclair Names Daniel J. Hoffman Senior Vice President of Sales Transformation

HUNT VALLEY, Md.--(BUSINESS WIRE)--SINCLAIR ANNOUNCES APPOINTMENT OF WILL BELL AS HEAD OF DISTRIBUTION AND NETWORK RELATIONS

Sinclair Announces Appointment of Will Bell as Head of Distribution and Network Relations

DISH Network

A dispute between satellite TV provider Dish and media company Sinclair could result in more than 100 local TV stations being removed from the pay TV service.

Dish-Sinclair carriage dispute could remove 100+ channels from satellite TV provider

BALTIMORE--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The updated release reads: DISH NETWORK EXPECTED TO DROP 108 TV STATIONS IMPACTING 3.5 MILLION SUBSCRIBERS IN 38% OF THE COUNTRY Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the “Company” or “Sinclair,” announced today that it is unlikely that a carriage agreement with DISH Network will be reached before the August 16, 2021 expiration of their current agreement for DISH's car

CORRECTING and REPLACING DISH Network Expected to Drop 108 TV Stations Impacting 3.5 Million Subscribers in 38% of the Country

Ongoing carriage friction between Dish Network and Sinclair Broadcast Group could soon intensify, with Sinclair warning that 112 of its local TV stations could soon go dark on the pay-TV provider. In a press release, Sinclair said the stations, which serve 38% of Dish's 11 million satellite and streaming customers, could vanish August 16 unless...

Dish Chairman Charlie Ergen On Intensifying Sinclair Carriage Fight: “We're Not Interested In Taxing Our Customers”

Sinclair Broadcast Group said on Monday more than hundreds of its TV stations will no longer air on Dish Network Corp's network after a carriage agreement between the companies expires on Aug. 16.

Sinclair's TV stations will no longer air on DISH's network after Aug. 16

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the “Company” or “Sinclair,” announced today that it is unlikely that a carriage agreement with DISH Network will be reached before the August 16, 2021 expiration of their current agreement for DISH's carriage of Sinclair's broadcast stations and Tennis Channel. As a result, all Sinclair broadcast TV stations (see list below) and Tennis Channel would no longer be carried by DISH Network. In total, 112 broadcast TV statio

DISH Network Expected to Drop 112 TV Stations Impacting 3.5 Million Subscribers in 38% of the Country

Sprouts Farmers Markets

Sprouts Farmers Market, Inc. (SFM) CEO Jack Sinclair on Q2 2021 Results - Earnings Call Transcript

Sinclair Broadcast Group's (SBGI) CEO Chris Ripley on Q2 2021 Results - Earnings Call Transcript

Sinclair Broadcast Group Inc (NASDAQ: SBGI) reported second-quarter FY21 revenue growth of 26% year-on-year to $1.61 billion, beating the analyst consensus of $1.59 billion. Media revenues increased 27% Y/Y to $1.6 billion.

Sinclair Broadcast Stock Gains On Q2 Earnings Beat, Core Advertising Market Recovery, Strong Q3 Guidance

Shares of Sinclair Broadcast Group (NASDAQ:SBGI) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share fell 225.23% year over year to ($4.02), which beat the estimate of ($4.47).

Sinclair Broadcast Group: Q2 Earnings Insights

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today reported financial results for the three and six months ended June 30, 2021. Second Quarter Highlights Consolidated total revenue increased 26% to $1,612 million as compared to the second quarter of 2020. Consolidated operating loss of $178 million, including $35 million of non-recurring costs for transaction and transition services, COVID, legal, and regulatory costs ("Adjustments") de

Sinclair Reports Second Quarter 2021 Financial Results

On Wednesday, August 04, Sinclair Broadcast Group (NASDAQ:SBGI) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Earnings Preview: Sinclair Broadcast Group

The FCC Wednesday announced fines totaling $9 million on 17 stations – or eight licensees – affiliated with Sinclair Broadcast Group for not negotiating retransmission consent agreement with AT&T in good faith. The so-called Forfeiture Order imposed a per-station penalty of $512,228 against each defendant “for willfully and repeatedly violating the Commission's good faith negotiation standards,”...

FCC Fines TV Sinclair Broadcast Group Affiliated Stations $9M For Breach Of Good Faith In Retrans Negotiations With AT&T

Sinclair (SBGI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Sinclair (SBGI) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

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July 19, 2021, Barron's-Weekly published their annual mid-year Roundtable picks from 10 investment experts. Of 42 selected, 21 pay dividends. These are "Barron's Mid-Year21," or BMY21. The top-10 BMY21 showed net gains ranging from 9.11%-38.34% by DTEGY, WWD, BDX, PM, MDT, TM, SBGI, CNHI, VIVHY, and SIEGY. Communications and Industrial sectors led; Materials went missing.

Barron's 42 Mid 2021 RoundTable Picks Show 21 With Dividends And 4 With Ideal Returns

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) will report its second quarter 2021 earnings results at 7:30 a.m. ET on Wednesday, August 4, 2021, followed by a conference call to discuss the results at 9:30 a.m. ET. The call will be webcast live and can be accessed at www.sbgi.net under "Investors/ Webcasts." The dial-in number for the earnings call is 877-407-8033. If you plan to participate on the conference call, please call at least two minutes prior to the start

Sinclair to Report Second Quarter 2021 Results on August 4, 2021 at 7:30 a.m. (Eastern Time)

BALTIMORE--(BUSINESS WIRE)--The National Desk, Sinclair Broadcast Group's (Nasdaq: SBGI) national news program, today announced award-winning journalists, Meagan O'Halloran and Eugene Ramirez, will anchor The National Desk's late news, launching on September 27. O'Halloran will return to Sinclair to anchor the evening edition of The National Desk, and Ramirez will serve as the Live Desk Anchor, weeknights from 10 pm to 12 am ET / 7 to 9 pm PT, providing viewers with a comprehensive, commentary-

Sinclair Broadcast Group's The National Desk Announces On-Air Talent for Evening Broadcast Launching September 27

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group (NASDAQ: SBGI) (“Sinclair”) today announced that John McClure has been named Vice President and Chief Information Security Officer. In this newly created role, Mr. McClure will lead the company's information security program across all business functions. Additionally, Mr. McClure will define and be responsible for creating and executing Sinclair's security vision, strategy, and operating model across its entire portfolio. Mr. McClure will wo

Sinclair Broadcast Group Names John McClure Vice President and Chief Information Security Officer

Sinclair Broadcasting Group, already the nation's dominant owner of regional sports networks, has made an offer to acquire NBCUniversal's seven regional sports networks, The Post has learned. If Sinclair succeeds in buying the RSNs, it would add dozens of popular National Basketball Association and Major League Baseball teams to its already vast collection of sports.

Sinclair bids for NBC Sports Networks: sources

LOS ANGELES--(BUSINESS WIRE)--STIRR, a free, ad-supported OTT streaming service owned by Sinclair Broadcast Group (Nasdaq: SBGI), has expanded the content offerings on its STIRR City channels to include locally-produced news specials, beginning with Baltimore is Dying, a regional documentary, and Your Voice, Your Future Town Hall: City in Crisis, both produced by Sinclair Broadcast Group's FOX45 in Baltimore, to stream on STIRR City Baltimore on July 1 and 8. With more than 7 million app downlo

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