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)--Sinclair, Inc. (Nasdaq: SBGI), the "Company," today announced that it is increasing its advertising guidance for the third quarter 2024 to account for stronger-than-expected political revenues. The Company's updated expectation for third quarter political advertising revenue is approximately $140 million to $145 million, up from the previously announced forecast range of $113 million to $128 million. Expectations for Local Media segment third quarter core advertising.

Sinclair, Inc. Increases Third Quarter and Full-Year 2024 Political Revenue Expectations; Reiterates Prior Net Retrans Forecast

BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) announced today that its President and CEO, Chris Ripley and CFO Lucy Rutishauser, are scheduled to present at the Deutsche Bank 32nd Annual Leveraged Finance Conference. The presentation is scheduled for 10:40 AM MST / 1:40 PM EDT on September 24, 2024 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 limite.

Sinclair to Present at the Deutsche Bank 32nd Annual Leveraged Finance Conference

BAKERSFIELD, Calif.--(BUSINESS WIRE)--Sinclair today announced that Cindi Dias has been named VP/GM of KBAK (CBS) and KBFX (FOX) in Bakersfield, California. Dias was most recently the General Sales Manager at the stations, a role she held for 17 years. In making the announcement, Rob Weisbord, Sinclair's Chief Operating Officer and President of Local Media said, “We are thrilled Cindi will now be leading the stations in Bakersfield, where she had deep relationships in the market. She has a prov.

Sinclair Names Cindi Dias Vice President and General Manager of KBAK and KBFX in Bakersfield, CA

BENGALURU & DELHI, INDIA & BALTIMORE--(BUSINESS WIRE)--Saankhya Labs, a subsidiary of Tejas Networks, Free Stream Technologies, incubated at Indian Institute of Technology (IIT), Kanpur, and Sinclair, Inc. today announced the companies are collaborating to design and launch a variety of value-for-money mobile phones with augmented Direct-to-Mobile (D2M) broadcast capability. These consumer devices will be powered by Saankhya's Pruthvi-3 ATSC 3.0 chipsets – the next step in India's semiconductor.

India-US Partnership, Led by Saankhya Labs and Sinclair, Announces the Development of Low Cost Direct-to-Mobile (D2M) Devices for Consumer Trials in India

WASHINGTON--(BUSINESS WIRE)--Sinclair today announced Full Measure with Sharyl Attkisson will return for its tenth season, beginning on September 8. Full Measure, hosted by award-winning journalist Sharyl Attkisson, focuses on investigative and accountability reporting. The 30-minute, weekly program airs on Sinclair television stations on Sunday mornings, with a small number of markets airing on Saturday evening, and live online. Full Measure spotlights topics ranging from immigration to govern.

“Full Measure with Sharyl Attkisson,” Sinclair's Weekly Investigative News Program, Returns for Tenth Season on Sunday, September 8

Sinclair (SBGI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Sinclair (SBGI) Run Higher on Rising Earnings Estimates?

The consensus price target hints at a 26.6% upside potential for Sinclair (SBGI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Think Sinclair (SBGI) Could Surge 26.58%: Read This Before Placing a Bet

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Sinclair (SBGI) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Sinclair (SBGI) Shows Fast-paced Momentum But Is Still a Bargain Stock

BALTIMORE--(BUSINESS WIRE)--Sinclair is proud to announce WCHS in Charleston and WPDE in Myrtle Beach have been honored by the Radio Television Digital News Association (RTDNA) with National Edward. R. Murrow Awards. These awards recognize outstanding achievements in broadcast and digital journalism. Hard News The Story of Serial Rapist Charles Woods - WCHS, Charleston, WV Excellence in Video Painting the Preserve - WPDE ABC15, Myrtle Beach-Florence, SC Earlier this year, 15 of Sinclair's owned.

Sinclair Stations Honored with Two RTDNA National Edward. R. Murrow Awards

BALTIMORE--(BUSINESS WIRE)--This month, Sinclair is expanding its podcast division, launching a new slate of sports programming featuring top athletes, coaches, and experts. On August 21 Sinclair will launch “The Triple Option,” hosted by Urban Meyer, Mark Ingram II, and Rob Stone. On September 5, “Throwbacks” with Matt Leinart and Jerry Ferrara will debut. Sinclair expects to introduce additional shows to its growing podcast lineup, giving audiences unparalleled access to the athletes and the.

Sinclair Expands Podcast Content Division, Launches Sports Talent Programming with “The Triple Option” with Urban Meyer, Mark Ingram II, and Rob Stone and “Throwbacks” with Matt Leinart and Jerry Ferrara

Sinclair (SBGI) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of a loss of $0.14 per share. This compares to loss of $1.09 per share a year ago.

Sinclair (SBGI) Tops Q2 Earnings Estimates

Sinclair, Inc. (NASDAQ:SBGI ) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Chris King - Vice President, Investor Relations Chris Ripley - President & Chief Executive Officer Rob Weisbord - Chief Operating Officer & President, Local Media Lucy Rutishauser - Executive Vice President & Chief Financial Officer Conference Call Participants Dan Kurnos - The Benchmark Company Benjamin Soff - Deutsche Bank Avi Steiner - JPMorgan David Hamburger - Morgan Stanley Operator Good afternoon, everyone, and welcome to the Sinclair Broadcast Group's Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode and we will open for questions following the presentation.

Sinclair, Inc. (SBGI) Q2 2024 Earnings Call Transcript

BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today reported financial results for the three and six months ended June 30, 2024. Highlights: Met second quarter Revenue guidance on Distribution and Advertising Exceeded second quarter Adjusted EBITDA guidance As of August 1, the Company has booked $146 million in political advertising for the second half of the year through Election Day; this compares to $78 million as of August 1, 2020 Company increases.

Sinclair Reports Second Quarter 2024 Financial Results

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PORTLAND, Ore.--(BUSINESS WIRE)--Sinclair today announced Dean Ditmer has been named Vice President/General Manager of KATU and KUNP in Portland, OR. Ditmer was previously President/GM at KPNX, KMSB and KTTU in Tucson, AZ. He has held several executive leadership positions across the broadcast industry, including Director of Sales at KUSA in Denver, General Manager of Sinclair's WKEF and WRGT in Dayton, OH, General Manager at Metro Networks in Minneapolis, Director of Sales at WCCO in Minneapol.

Sinclair Broadcast Group Names Dean Ditmer Vice President/General Manager of KATU and KUNP in Portland, OR

BALTIMORE--(BUSINESS WIRE)--Sinclair today announced that the company has awarded scholarships to 12 university students as a part of its annual Diversity Scholarship program. The annual Sinclair Broadcast Group Diversity Scholarship aims to invest in the future of the broadcast industry and help students from diverse backgrounds, who reflect Sinclair's audiences nationwide, complete their education and pursue careers in journalism, digital storytelling, and marketing. The scholarship has provi.

Sinclair Announces 2024 Annual Diversity Scholarship Winners, Shaping the Future of Broadcasting

BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) will report its second quarter 2024 earnings results at 4:00 p.m. ET on Wednesday, August 7, 2024, 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 355312. If you plan to participate on the conference call, please.

Sinclair to Report Second Quarter 2024 Results on August 7, 2024 at 4:00 p.m. (Eastern Time)

NEW YORK--(BUSINESS WIRE)--Standard Chartered US (the “Bank”) has been named one of the 2024 Best Companies for Multicultural Women by Seramount. This honor recognizes the top 80 companies that create and use best practices in hiring, retaining, and promoting multicultural women in the United States. The complete list can be found here. For more than 20 years, Seramount's Best Companies for Multicultural Women has tracked corporations' progress in creating cultures that encourage multicultural.

Standard Chartered US Recognized as a 2024 Best Company for Multicultural Women by Seramount

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During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

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TORONTO, July 08, 2024 (GLOBE NEWSWIRE) --  Call2Recycle, Canada's leading battery collection and recycling organization, is proud to announce Canadian soccer legend Christine Sinclair as its new official ambassador for its consumer battery recycling program, Recycle Your Batteries, Canada! . Sinclair, who recently retired from international professional soccer after an impressive 23-year career with the Canadian women's national team, is widely recognized for leading her team to an Olympic gold medal.

Call2Recycle announces Canadian soccer legend Christine Sinclair as Ambassador of the ‘Recycle Your Batteries, Canada!' program

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ARLINGTON, Va.--(BUSINESS WIRE)--Jerald “Jerry” Fritz, Executive Vice President for Strategic and Legal Affairs at ONE Media Technologies, LLC, a subsidiary of Sinclair, Inc., has announced his retirement. After an illustrious career spanning more than 55 years in and around the broadcast and communications industries, Fritz will step down on July 1. For the past decade, Fritz has been responsible for the long-term strategic planning and public policy for ONE Media, supporting the adoption and.

Jerald Fritz to Retire from Sinclair/ONE Media

BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (the “Company”) (Nasdaq: SBGI) announced that its stockholders elected the nominated nine Directors at the Company's Annual Stockholders' Meeting held yesterday. The elected Directors are Mr. David D. Smith, Executive Chairman, Chairman of the Board of the Company; Mr. Frederick G. Smith, Director and Vice President of the Company; Mr. J. Duncan Smith, Director, Vice President and Secretary of the Company; Mr. Robert E. Smith, Director; Ms. Laurie R. B.

Sinclair Elects Board and Ratifies Independent Auditor

Sinclair is a diversified media company with a complex structure and a market capitalization of $831 million. The company's Local Media segment, which includes broadcast television stations, has seen a decline in revenue and profits. The Tennis segment, which includes Tennis Channel, has shown some strength with an increase in revenue and subscribers.

News for Sinclair Inc Stock (SBGI)