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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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)--Please replace the release with the following corrected version due to multiple revisions in the fourth paragraph. The updated release reads: SINCLAIR BROADCAST GROUP FLAGSHIP STATION WBFF-TV CELEBRATES 50TH ANNIVERSARY WBFF-TV Celebrates 50 Years of Broadcasting, Airing Special Programming Throughout the Week Sinclair Broadcast Group (Nasdaq: SBGI) (‘the Company') is celebrating 50 years of broadcasting for its flagship, Baltimore-based station, WBFF-FOX45. The cele

CORRECTING and REPLACING Sinclair Broadcast Group Flagship Station WBFF-TV Celebrates 50th Anniversary

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group (Nasdaq: SBGI) (‘the Company') is celebrating 50 years of broadcasting for its flagship, Baltimore-based station, WBFF-FOX45. The celebration began on Sunday, April 11, when the station aired “Ahoy: The Captain Chesapeake Story”, a 30-minute commemorative special documentary. The documentary offers a look at the history of WBFF, which originally hosted one of the most successful Baltimore children's television series. The documentary is avail

Sinclair Broadcast Group Flagship Station WBFF-TV Celebrates 50th Anniversary

ERLANGEN, Germany--(BUSINESS WIRE)-- #DRMDigitalRadio--Sinclair DRM over ATSC

Fraunhofer and Sinclair to Collaborate Towards Integrating Digital Radio Mondiale Framework into the ATSC 3.0 Digital TV Platform

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group (NASDAQ: SBGI) (‘the Company') today announced that Ring of Honor (ROH), the Company's professional wrestling promotion, will be airing special programming alongside its 500th episode this Thursday, April 15 from 6 p.m. to 9 p.m. Eastern Daylight Time. Viewers can watch the special on Sinclair stations and Bally Sports regional networks, as well as on the free “Best On The Planet” channel, Ring of Honor's 24/7 streaming platform, available on

Sinclair Broadcast Group's Ring of Honor Reaches 500th Episode with Special Fan-Picked Programming

BALTIMORE--(BUSINESS WIRE)--WGME CBS 13 (Portland, ME), affiliate of Sinclair Broadcast Group Inc. (Nasdaq: SBGI), is proud to report that Investigative Reporter Jon Chrisos and the station's I-Team have been named recipients of the prestigious Investigative Reporters and Editors (IRE) Award. Chrisos and the WGME I-Team won this award for their impressive work identifying flaws in the Veterans Crisis Line, which were ultimately addressed by the United States Congress. In 2020, Jon Chrisos and t

Sinclair Affiliate WGME Announces Investigative Reporter Jon Chrisos and the I-Team Win Prestigious IRE Award

Baseball season has started and playoffs loom in basketball and hockey. But we've got an array of carriage battles over the distribution of regional sports networks (“RSNs”) on cable, satellite and streaming platforms.

Sinclair And Regional Nets Grapple With Challenging Sports Market

With legalized sports betting growing and in a move to increase revenue, Sinclair's RSN's have been rebranded as Bally.

Sinclair's Regional Sports Networks Are Renamed Bally As Legalized Sports Wagering Grows

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (“STG”), has entered into the Third Amendment (“Third Amendment”) to its Seventh Amended and Restated Credit Agreement, dated as of August 23, 2019, as amended with JPMorgan Chase Bank, N.A., as administrative agent, the guarantors party thereto and the lenders and other parties thereto, to, among other things,

Sinclair Closes Partial Refinancing and Extension of STG Credit Facilities

Bally's

BALTIMORE--(BUSINESS WIRE)--Today, Sinclair Broadcast Group (NASDAQ: SBGI) and Bally's Corporation (NYSE: BALY) announced the official rebrand of its regional sports networks (RSNs) as Bally Sports, ushering in a new era in the way people watch and interact with live sports. The rebrand comes on the heels of the November 2020 announcement of the enterprise-wide, long-term strategic partnership between Sinclair and Bally's. “Through our alliance with Bally's and others, the RSNs will create inno

Sinclair Broadcast Group and Bally's Corporation Formally Rebrand Regional Sports Networks as Bally Sports, Ushering in New Era for Live Sports

HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (“Sinclair”) (Nasdaq: SBGI) and ONE Media 3.0, LLC (“ONE Media”) applaud the Telecom Standards Development Society, India (TSDSI) and the Advanced Television Systems Committee (ATSC) for signing an agreement to enable adoption of ATSC standards for broadcast services on mobile devices in India. As members of both standards organizations, Sinclair and ONE Media have actively supported co-operative efforts between TSDSI and ATSC on

Sinclair Broadcast Group Congratulates TSDSI and ATSC for Signing Standards Adoption Agreement

Nexstar Media Group

SYRACUSE, N.Y.--(BUSINESS WIRE)--The future of television arrived today in Syracuse. Three leading local television stations in Syracuse, NY, including WSYR-TV (ABC), WTVH (CBS) and WSTM-TV (NBC), became the latest in the nation to begin broadcasting with NEXTGEN TV, a revolutionary new digital broadcast technology. Based on the same fundamental technology as the Internet, digital applications, and other web services, NEXTGEN TV can support a wide range of features that are currently in develop

Major Broadcasters Launch NEXTGEN TV on Three Local Television Stations in Syracuse, NY

Sinclair Broadcast Group saw its IBD SmartSelect Composite Rating jump to 96 Thursday, up from 94 the day before. The post Sinclair Broadcast Group Receives Composite Rating Upgrade appeared first on Investor's Business Daily.

Sinclair Broadcast Group Receives Composite Rating Upgrade

Citing the coronavirus pandemic, the Sinclair Broadcast Group said on Wednesday that it will reduce its workforce by approximately 5%, amounting to hundreds of layoffs across the company.

Sinclair to lay off hundreds of employees, citing 'profound impact' pandemic has had on its business

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Sinclair Broadcast Group, Inc. (SBGI) CEO Chris Ripley on Q4 2020 Results - Earnings Call Transcript

Shares of Sinclair Broadcast Group (NASDAQ:SBGI) were unchanged after the company reported Q4 results. Quarterly Results Earnings per share rose 586.17% year over year to $6.45, which beat the estimate of $5.01.

Sinclair Broadcast Group: Q4 Earnings Insights

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today reported financial results for the three and twelve months ended December 31, 2020. Fourth Quarter Highlights: Total revenue decreased 7% to $1,512 million as compared to the fourth quarter of 2019. Operating income of $625 million including $16 million of non-recurring costs for transaction, COVID, legal, litigation, and regulatory costs ("Adjustments"). Excluding the Adjustments, oper

Sinclair Reports Fourth Quarter 2020 Financial Results

On Tuesday, Sinclair Broadcast Group got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96. The post Sinclair Broadcast Joins Elite List Of Stocks With 95-Plus Composite Rating appeared first on Investor's Business Daily.

Sinclair Broadcast Joins Elite List Of Stocks With 95-Plus Composite Rating

On Tuesday, Sinclair Broadcast Group got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96. The post Sinclair Broadcast Group Joins Elite List Of Stocks With 95-Plus Composite Rating appeared first on Investor's Business Daily.

Sinclair Broadcast Group Joins Elite List Of Stocks With 95-Plus Composite Rating

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Sinclair (SBGI) doesn't possess 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) Earnings Expected to Grow: Should You Buy?

BALTIMORE and PROVIDENCE, R.I., Jan. 27, 2021 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) ("Sinclair") and Bally's Corporation (NYSE: BALY) ("Bally's") today jointly revealed the new Bally Sports logo and Bally Sports regional monikers for Sinclair's owned and operated...

Sinclair Broadcast Group And Bally's Corporation Unveil Official Bally Sports Logo And Corresponding Regional Monikers

FuboTV

Regional sports networks are lost in a no man's land.

Sports Networks Are Losing Their Grip on Your Television

BALTIMORE, Jan. 25, 2021 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) will report its fourth quarter 2020 earnings results at 7:30 a.m. ET on Wednesday, February 24, 2021, followed by a conference call to discuss the results at 9:00 a.m. ET. The call will be webcast live...

Sinclair To Report Fourth Quarter 2020 Results On February 24, 2021 At 7:30 a.m. (Eastern Time)

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News for Sinclair Inc Stock (SBGI)