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.

Verizon

HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) today announced the company has reached a comprehensive multi-year distribution agreement with Verizon (NYSE: VZ) for carriage on FiOS TV. The agreement covers local television stations in 10 markets, Tennis Channel and YES Network. Commenting on the agreement, Will Bell, Sinclair's SVP and Head of Distribution and Network Relations stated, “We are pleased to have reached a renewal agreement with Verizon without any disruption in.

Sinclair And Verizon Reach Multi-Year Distribution Agreement

HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair, Inc. has named Ryan Moore SVP and Chief Revenue Officer. In his new role, Moore's responsibilities will include oversight of sales and revenue growth strategies, including digital sales, for all of Sinclair's television stations, networks including Tennis Channel, and Compulse, Sinclair's marketing technology and managed services company. Moore was previously the company's SVP and Chief Revenue Officer of Sports and Digital. In making the announcemen.

Sinclair, Inc. Names Ryan Moore SVP and Chief Revenue Officer

HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI), a diversified media company and a leading provider of local news and sports, announced today that Patrick McFadden will join the company as its Senior Vice President for Global Public Policy and Communications. In this role, McFadden will be responsible for overseeing the development and implementation of Sinclair's comprehensive legislative and regulatory strategy to support the policy and advocacy goals. In addition, he will ov.

Patrick McFadden to Join Sinclair

In the closing of the recent trading day, Sinclair (SBGI) stood at $13.77, denoting a +1.1% change from the preceding trading day.

Why Sinclair (SBGI) Outpaced the Stock Market Today

HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair Broadcast Group, a subsidiary of Sinclair Inc., a diversified media company and a leading provider of local news and sports, today announced network distribution agreements with CBS Television Stations to add Sinclair's free over-the-air (OTA) national broadcast TV networks Comet, CHARGE!, TBD. and The Nest to additional CBS affiliates beginning this week. The expanded agreement positions Sinclair's networks Comet and CHARGE! in CBS's key channel slot.

Sinclair Expands Multicast Network Footprint in Top-Ten U.S. DMAs

Pearson PLC

Sphere Entertainment Co

Media Conglomerates like Pearson (PSO), Sphere Entertainment (SPHR) and Sinclair (SBGI) are benefiting from the growing demand for high-speed Internet and increased media consumption amid significant cord-cutting.

3 Media Stocks to Watch From a Challenging Industry

This press release is issued pursuant to National Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. Vancouver, British Columbia--(Newsfile Corp. - December 6, 2023) - A.

Early Warning Press Release - Murray Sinclair Purchases Shares in Carrie Arran Resources Inc.

Sinclair (SBGI) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, SBGI crossed above the 200-day moving average, suggesting a long-term bullish trend.

Sinclair (SBGI) Recently Broke Out Above the 200-Day Moving Average

HARRISBURG, Pa. & JOHNSTOWN, Pa.--(BUSINESS WIRE)--Sinclair Broadcast Group today announced two General Managers in Pennsylvania. Jason Wildenstein has been named Vice President and General Manager of WHP in Harrisburg, where he began his media career. Wildenstein was most recently the VP and GM at WJAC in Johnstown-Altoona-State College. Jason Chavis, who was previously the General Sales Manager at WJAC, working alongside Wildenstein, has been promoted to Vice President and General Manager of.

Sinclair Broadcast Group Names General Managers in Pennsylvania

Sinclair Broadcasting Group wants to pay pennies on the dollar to regain control of a nationwide chain of regional sports networks — which it had paid $10.6 billion to acquire four years ago only to see it fall into bankruptcy this spring, The Post has learned.

Sinclair Broadcasting wants to scoop up bankrupt RSN giant Diamond Sports: sources

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI ) Q3 2023 Earnings Conference Call November 1, 2023 4:30 PM ET Company Participants Chris King - Vice President, Investor Relations Christopher Ripley - President and Chief Executive Officer Robert Weisbord - Chief Operating Officer and President of Local Media Lucy Rutishauser - Executive Vice President and Chief Financial Officer Conference Call Participants Daniel Kurnos - The Benchmark Company Steven Cahall - Wells Fargo Aaron Watts - Deutsche Bank Operator Good day, everyone, and welcome to Sinclair Third Quarter 2023 Earnings Conference Call. [Operator Instructions] It is now my pleasure to turn the floor over to your host, Chris King, Vice President of Investor Relations.

Sinclair Broadcast Group, Inc. (SBGI) Q3 2023 Earnings Call Transcript

BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today reported financial results for the three and nine months ended September 30, 2023. Third Quarter Highlights: Met or exceeded guidance on all key financial metrics Repurchased approximately $64 million of principal value of debt since early June CEO Comment: “Sinclair reported a strong third quarter with revenues exceeding the high-end of our guidance ranges and Adjusted EBITDA exceeding the mid-point o.

Sinclair Reports Third Quarter 2023 Financial Results

The latest trading day saw Sinclair (SBGI) settling at $10.05, representing a +0.3% change from its previous close.

Sinclair (SBGI) Advances While Market Declines: Some Information for Investors

HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair Broadcast Group today announced a strategic memorandum of understanding (MOU) with Korea Radio Promotion Association (RAPA) and CAST.ERA, a joint venture between Sinclair and SK Square, to enhance ATSC 3.0 services between Korea and the United States and expand the DDaaS (Data Distribution as a Service) platform globally. Using NextGen Broadcast (ATSC 3.0) network technology, the DDaaS platform provides a broadcast backbone for wireless IP (Internet P.

Sinclair Broadcast Group, CAST.ERA and Korea Radio Promotion Association (RAPA) Announce ATSC 3.0 Services and Global DDaaS Agreement

Paramount Global

Multi-Year Deals Span 23 CBS Affiliates Serving Over Ten Million Television Households and Includes Several Early Renewals NEW YORK and BALTIMORE , Oct. 27, 2023 /PRNewswire/ -- Paramount (NASDAQ: PARA; PARAA) and Sinclair, Inc. (NASDAQ: SBGI) ("Sinclair"), today announced comprehensive, multi-year distribution agreements across all 21 CBS network affiliations for Sinclair stations, including six top-50 market affiliates, KUTV in Salt Lake City, UT, KEYE in Austin, TX, WKRC in Cincinnati, OH, WPEC in West Palm Beach, FL, WWMT in Grand Rapids, MI and WHP in Harrisburg, PA. Additionally, Paramount reached an agreement to renew the affiliation of WTVH in Syracuse, NY and WGFL in Gainesville, FL, stations to which Sinclair provides services.

PARAMOUNT GLOBAL AND SINCLAIR, INC. ANNOUNCE CBS TELEVISION NETWORK AFFILIATION AGREEMENTS

LONDON, Ontario--(BUSINESS WIRE)--James Schmalz, founder of Digital Extremes, today announced his intention to step down as CEO of the company. Chief Creative Officer and 24-year studio veteran Steve Sinclair will assume CEO duties effective immediately. James will remain on the board of directors, contributing insight and guidance. The moves take place as the Canadian studio prepares to celebrate 30 years of operation. “It's been a long journey from Epic Pinball to Soulframe,” remarked Schmalz.

Warframe Creator Digital Extremes Appoints Studio Veteran Steve Sinclair as Company CEO

BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. today announced the company has launched Sinclair Cares: Humanitarian Relief in Israel, a fundraising partnership in conjunction with Magen David Adom (MDA), an affiliate of the International Federation of Red Cross and Red Crescent Societies, to help with their efforts providing humanitarian relief and emergency medical services for all people in Israel, regardless of religious creed or political belief. Beginning today, Sinclair Cares will be raising.

Sinclair, Inc. Partners with Magen David Adom for Fundraising Initiative in Support of Humanitarian Services

Sinclair (SBGI) concluded the recent trading session at $10.60, signifying a -1.76% move from its prior day's close.

Sinclair (SBGI) Declines More Than Market: Some Information for Investors

HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair, Inc. and its subsidiary, ONE Media Technologies, will be participating in the 2023 National Association of Broadcasters (NAB) Show next week in New York. Members of the company's leadership team are scheduled to participate in discussions during NAB's “Streaming Summit” on October 24, TV NewsCheck's “TV2025: Monetizing the Future” conference on October 25 and the “Cybersecurity for Broadcasters” retreat on October 26. The Sinclair/ONE Media leadershi.

Sinclair, Inc. and ONE Media Technologies to Participate in NAB Show in New York October 24-26

BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) will report its third quarter 2023 earnings results at 4:00 p.m. ET on Wednesday, November 1, 2023, followed by a conference call to discuss the results at 4:30 p.m. ET. The call will be webcast live and can be accessed at www.sbgi.net under the subtitle "Investor Relations/Events and Presentations." The dial-in number for the earnings call is 888-506-0062, with entry code 433619. If you plan to participate on the conference call, please.

Sinclair to Report Third Quarter 2023 Results on November 1, 2023 at 4:00 p.m. (Eastern Time)

HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair Broadcast Group today announced the launch of The Nest, a new, free over-the-air national broadcast TV network. The Nest has assembled a line-up that will deliver viewers ‘comfort food programming' comprised of home-improvement, true-crime, factual reality series, and celebrity driven family shows. Launching on October 30, The Nest will include a variety of family-friendly programming that will appeal to audiences across the US. The mix of programming.

Sinclair Broadcast Group to Launch “The Nest” New Broadcast Television Network

In the most recent trading session, Sinclair (SBGI) closed at $10.13, indicating a +1.91% shift from the previous trading day.

Sinclair (SBGI) Outperforms Broader Market: What You Need to Know

BALTIMORE, Md.--(BUSINESS WIRE)--Sinclair Broadcast Group today announced the return of Sinclair's News Reporter and Producer Academies, a series of interactive, virtual workshops for college students interested in pursuing careers in journalism. This year, Sinclair will also add Weather Academy, a workshop for students interested in a career in weather. The 90-minute sessions will run throughout November and assist students seeking to build a career in reporting, producing or weather. SESSION.

Sinclair Broadcast Group's News Academy Returns in November with Three Virtual Sessions For Students Exploring Careers in Reporting, Producing and Weather

BALTIMORE--(BUSINESS WIRE)--Sinclair Inc. (Nasdaq: SBGI) announced today that its CEO and President, Chris Ripley and CFO Lucy Rutishauser, are scheduled to present at the Deutsche Bank 31st Annual Leveraged Finance Conference. The presentation is scheduled for 10:00 AM MST / 1:00 PM EDT on October 3, 2023 in Scottsdale, AZ. You may access a live webcast of the event on Sinclair's Investor Relations website Events and Presentations Page. The webcast will be available for replay for a limited ti.

Sinclair to Present at the Deutsche Bank 31st Annual Leveraged Finance Conference

SAN ANTONIO--(BUSINESS WIRE)--“Crisis in the Classroom,” Sinclair Broadcast Group's national education franchise, today announced it will host a panel discussion, “Crisis in the Classroom: Texas School Choice,” ahead of the upcoming Texas special legislative session. The discussion will focus on families' K-12 education options through school choice policies in Texas, and a proposed voucher system that would allow parents to use public school funds to send their children to private schools. The.

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