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.

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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, today announced Christopher C. King has joined the Company as Vice President, Investor Relations. The announcement was made by Lucy Rutishauser, EVP and Chief Financial Officer. King joins Sinclair from Windstream Communications, where he led the Fortune 500 company's investor relations team and assisted with business development efforts as VP of Investor Relations. “We are excited to have Chris join Sinclair as we continue our evolution fro.

Sinclair Names Christopher C. King Vice President, Investor Relations

HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair Broadcast Group today published its 2022 Environmental, Social and Governance (“ESG”) report, detailing the Company's ESG achievements in 2022 and progress toward its longstanding ESG goals and commitments. “At Sinclair, our mission to create, innovate and lead; deliver must-have content across all platforms and devices; and attract and retain the best employees, goes hand-in-hand with our commitment to sustainability, diversity, community outreach, j.

Sinclair Releases 2022 Environmental, Social and Governance Report

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) will report its first quarter 2023 earnings results at 7:30 a.m. ET on Wednesday, May 3, 2023, followed by a conference call to discuss the results at 9:00 a.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 471852.

Sinclair to Report First Quarter 2023 Results on May 3, 2023 at 7:30 a.m. (Eastern Time)

HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), today announced that it will build and operate an innovative and interconnected broadcast platform to provide commercial services and solutions for national data distribution. Using NextGen Broadcast (ATSC 3.

Sinclair to Build NextGen Data Distribution Core Network

YouTube TV agreed to pick up several of Sinclair's networks and affiliates, including the Tennis Channel. The company is undergoing a reorganization that it hopes will enhance the visibility of some of its properties.

Why Sinclair Broadcast Group Stock Jumped 10.9% This Week

Renewal includes measurement of local TV stations, national networks, regional cable channel, and national unwired network.

Nielsen and Sinclair Broadcast Group Agree to Multi-Year Renewal for Local and National Audience Measurement

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (“Sinclair”) today announced a distribution agreement with YouTube TV to add carriage of Tennis Channel, T2, CHARGE! and TBD to YouTube TV's service offerings. The agreement also extends YouTube TV's existing carriage of Sinclair's CBS and MyNetworkTV affiliated television broadcast stations.

Sinclair Broadcast Group Announces Distribution Agreement with YouTube TV to Add Carriage of Tennis Channel, T2, CHARGE! and TBD

HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) and its subsidiary, ONE Media 3.0, will be participating in the 2023 National Association of Broadcasters (NAB) Show next week in Las Vegas. Members of the company's leadership team are scheduled to present in multiple panel discussions during the NAB Show, while also hosting NextGen Broadcast demonstrations.

Sinclair Broadcast Group and ONE Media 3.0 to Participate in NAB Show, Las Vegas

WASHINGTON--(BUSINESS WIRE)--The Metropolitan Washington Council of Governments (COG) and ONE Media 3.0, a subsidiary of Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), have launched the nation's first pilot project to use Next Generation Broadcast to disseminate Advanced Emergency Information. The pilot program will provide free, over-the-air redundancy to emergency messaging currently sent by local governments via text, email. social media, and other system platforms.

Metropolitan Washington Council of Governments and ONE Media 3.0 Launch Nation's First Use of NextGen Broadcast for Advanced Emergency Information

BALTIMORE--(BUSINESS WIRE)--Sinclair is pleased to announce Project Baltimore, the special investigative reporting unit of WBFF/Fox 45 News, was honored by Investigative Reporters and Editors (IRE) for its reporting on Baltimore's public school system, exposing how Baltimore City Schools denied students with disabilities a proper education, and in doing so, violated their federal education rights.

Sinclair's “Project Baltimore” Wins Prestigious IRE Award

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (“Sinclair Broadcast”) (Nasdaq: SBGI) announced today that it intends to implement a reorganization in which a new holding company, Sinclair, Inc. (“New Sinclair”), would become the publicly-traded parent of Sinclair Broadcast and its subsidiaries (the “Reorganization”).

Sinclair Announces Holding Company Reorganization

Sinclair Broadcast Group Inc. SBGI, +4.76% said Monday it is reorganizing into a new holding company called Sinclair Inc., which will become the publicly traded parent. The company said it owns a range of assets beyond its broadcast business, including software services companies, intellectual property for broadcast technology, and other media and non-media related businesses and assets including real estate, venture capital, private equity, and direct investments.

Sinclair Broadcast to trade under new holding company called Sinclair Inc.

Sinclair Announces Holding Company Reorganization to Rename Company as Sinclair, Inc.

Diamond Sports Group, which operates the Bally Sports regional networks and broadcasts games for dozens of MLB, NBA, and NHL teams, has filed for bankruptcy.

The largest broadcaster of local sports in US filed for bankruptcy, but still hopes broadcasts won't be disrupted

Diamond Sports has filed for bankruptcy protection with plans to eliminate more than $8 billion in debt.

Diamond Sports, largest owner of regional sports networks, files for bankruptcy

HUNT VALLEY, Md.--(BUSINESS WIRE)--ONE Media, LLC, a subsidiary of Sinclair Broadcast Group (Nasdaq: SBGI), applauds the formation of the Avanci Broadcast Licensing Platform for ATSC 3.0-related patents, www.avanci.com/broadcast. The platform will dramatically simplify the efficient licensing of this new mobile broadcast technology in millions of receiver devices, easing the distribution and deployment process.

ONE Media Congratulates Avanci on the Formation of ATSC 3.0 Patent Licensing Platform

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AMARILLO, Texas--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) today announced Logan Argo has been named VP/General Manager of KVII (ABC & CW) in Amarillo, TX and simulcast station KVIH in Clovis, NM. Argo was most recently Director of Sales at the station, a position he has held since 2018.

Sinclair Broadcast Group Names Logan Argo Vice President and General Manager of KVII in Amarillo, Texas and Simulcast KVIH

Deloitte and Sinclair bring together sports- and news-watching audiences to explore the future of gameplay and the fan experience through the metaverse   NEW YORK , Feb. 28, 2023 /PRNewswire/ -- Deloitte and Sinclair Broadcast Group Inc. today announced the forthcoming launch of a new metaverse sports fan community experience. Announced to coincide with Deloitte's presence at Mobile World Congress 2023, this new community leverages Epic Games' Unreal Engine to enhance the ways in which fans and audiences can build connections and engage with the content they love.

Sinclair Broadcast Group Teams With Deloitte to Launch New Virtual Community in the Metaverse

BALTIMORE & ARLINGTON, Va.--(BUSINESS WIRE)--Sinclair Broadcast Group today announced the company will partner with The National Alliance on Mental Illness (NAMI) to launch Sinclair Cares: Mental Health Support + Hope, a campaign to encourage mental health awareness, with a focus on young adults. The campaign will begin on March 6 and run throughout the month.

Sinclair Broadcast Group and The National Alliance on Mental Illness (NAMI) Launch Sinclair Cares: Mental Health Support + Hope

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI ) Q4 2022 Earnings Conference Call February 22, 2023 9:00 AM ET Company Participants Lucy Rutishauser – Executive Vice President and Chief Financial Officer Billie-Jo McIntire – Assistant Vice President-Investor Relations Chris Ripley – President and Chief Executive Officer Rob Weisbord – President of Broadcast and Chief Operating Officer Steve Zenker – Senior Vice President-Investor Relations Conference Call Participants Dan Kurnos – Benchmark Barton Crockett – Rosenblatt Securities Steven Cahall – Wells Fargo Aaron Watts – Deutsche Bank David Hamburger – Morgan Stanley Benjamin Soff – Deutsche David Karnovsky – JPMorgan Operator Greetings. Welcome to the Sinclair Fourth Quarter 2022 Earnings Conference Call.

Sinclair Broadcast Group, Inc. (SBGI) Q4 2022 Earnings Call Transcript

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, 2022.

Sinclair Reports Fourth Quarter 2022 Financial Results

FRESNO, Calif.--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) today announced Susan Connor has been named VP/General Manager of KMPH (FOX) and KFRE (CW) in Fresno/Visalia, CA. Connor was most recently VP/GM of KTVL (CBS) in Medford, OR, a position she has held since joining Sinclair in 2019.

Sinclair Broadcast Group Names Susan Connor Vice President and General Manager of KMPH and KFRE in Fresno, CA

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Diamond Sports said it missed an interest payment. The regional sports network owner is preparing for a possible bankruptcy filing, sources said.

News for Sinclair Inc Stock (SBGI)