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, Md.--(BUSINESS WIRE)--Sinclair, Inc. President and CEO Chris Ripley issued the following statement in response to the announcement that Commissioner Brendan Carr will be named Chairman of the Federal Communications Commission: “Congratulations to Commissioner Carr on being named the next Chairman of the Federal Communications Commission. We look forward to working with him to strengthen local broadcasting by leveling the playing field and removing regulatory roadblocks that needlessl.

Sinclair Congratulates Brendan Carr on Appointment as Chairman of the Federal Communications Commission

BALTIMORE & MUMBAI, India--(BUSINESS WIRE)--Sinclair, Inc. and the Indian Institute of Technology Bombay (IIT Bombay) have signed a Memorandum of Understanding (MoU) for collaboration of technology and standards development in wireless broadcast services over next generation telecom and broadcast networks. Research efforts will focus on enhancements to the international ATSC 3.0 wireless broadcast standard for a variety of mobile, television and other fixed applications that can benefit India a.

Sinclair and IIT Bombay Sign MoU for Next Generation Wireless Broadcast-to-Everything (B2X) Research

Sinclair, Inc. (SBGI) Q3 2024 Earnings Call Transcript

Sinclair (SBGI) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to loss of $0.30 per share a year ago.

Sinclair (SBGI) Q3 Earnings and Revenues Surpass Estimates

BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per share on the Company's Class A and Class B common stock. The dividend is payable on December 16, 2024, to the holders of record at the close of business on December 2, 2024. Sinclair, Inc., (Nasdaq: SBGI) is a diversified media company and leading provider of local news and sports. The Company owns, operates and/or provides services to 185 televisio.

Sinclair Declares $0.25 Per Share Quarterly Cash Dividend

BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today reported financial results for the three and nine months ended September 30, 2024. Highlights: Solid third quarter results, with core advertising revenues growing by 1% year-over-year during a quarter with record political revenues Political revenues of $138 million, a 31% increase over 2020 levels, which was impacted by $5 million of lost revenue due to late ad cancellations during the quarter Approxi.

Sinclair Reports Third Quarter 2024 Financial Results

LOS ANGELES--(BUSINESS WIRE)--Tennis Channel will introduce a direct-to-consumer (DTC) streaming service that merges its flagship 24-hour network with extensive live and on-demand multicourt coverage, offering fans unparalleled access to the sport. Available to everyone in the United States beginning November 12, subscribers can sign up through the Tennis Channel app or website (www.tennischannel.com) and choose between a $109.99 annual package or a $9.99 monthly option. The streamlined platfor.

Tennis Channel to Unveil Direct-to-Consumer Streaming Platform November 12

BALTIMORE--(BUSINESS WIRE)--Sinclair continues to expand its podcast division, launching “Unfiltered Soccer with Landon Donovan and Tim Howard” on November 12, with U.S. soccer legends Landon Donovan and Tim Howard giving fans an unfiltered look inside the pitch. From the MLS to the English Premier League to the Champions League to International Competition and more, Landon and Tim will share their hot takes, analysis, unique insights, and classic stories to bring fans closer to the game. As a.

Sinclair Continues to Expand Podcast Content Division, “Unfiltered Soccer with Landon Donovan and Tim Howard” to Launch on November 12

BALTIMORE--(BUSINESS WIRE)--Earlier this month, Sinclair launched Sinclair Cares: Hurricane Relief, a fundraising partnership with The Salvation Army to assist with humanitarian relief efforts on the ground in Western North Carolina, South Carolina, Georgia, Florida, Virginia and Tennessee in the aftermath of Hurricanes Helene and Milton. In total, the company raised nearly $1.3 million to support The Salvation Army and The United Way in their post-hurricane efforts. Throughout the month of Oct.

Sinclair Cares: Hurricane Relief Initiative Raises Nearly $1.3 Million to Support Those Affected by Hurricane Helene and Hurricane Milton

BALTIMORE--(BUSINESS WIRE)--ONE Media Technologies, LLC, a subsidiary of Sinclair, Inc., is pleased to announce Matthew Goldman has been named Vice President, Strategic and Technical Initiatives. In this newly created position, Goldman will lead the implementation, expansion, and support of advanced operational technologies, including High Dynamic Range Video (HDR). Goldman will also manage conformance testing and develop operational handoff processes for ATSC 3.0 NextGen Broadcasting. Goldman.

Sinclair's ONE Media Technologies Names Matthew Goldman Vice President, Strategic and Technical Initiatives

BALTIMORE--(BUSINESS WIRE)--Sinclair is pleased to announce Lucy Rutishauser, the company's EVP and CFO, has been appointed to the Business Advisory Council of ATSC, the broadcast Standards Association. As a member of the ATSC Board Business Advisory Council, Rutishauser will contribute strategic insights to bridge business and technology sectors, expanding the scope of ATSC standards across a range of industries and geographies. ATSC is a multinational body that sets broadcast standards. ATSC.

Sinclair's EVP and Chief Financial Officer Lucy Rutishauser Appointed to the Business Advisory Council of the ATSC Board

BALTIMORE--(BUSINESS WIRE)--WBFF/FOX 45 today announced the creation of “Spotlight on Maryland,” an investigative journalism unit designed to shed light on inefficiencies in state, county and local governments with the purpose of holding public officials in Maryland accountable. This new initiative will expand WBFF's existing investigative and accountability reporting to other critical topics including the allocation of taxpayer funds to non-profits, campaign finance practices, corruption, and.

WBFF/FOX 45 Baltimore to Launch “Spotlight on Maryland” Investigative Journalism Unit Focused on Governmental Inefficiencies

OMAHA, Neb.--(BUSINESS WIRE)--Sinclair Broadcast Group, LLC, a subsidiary of Sinclair, Inc. (NASDAQ: SBGI), and Nebraska Public Media announced the launch of the first free Broadcast-Enabled Streaming TV (“BEST”) Channel in Omaha, Nebraska. Nebraska Public Media's PBS and local programming is now hosted on KPTM FOX 42, Sinclair's station in Omaha, as a free, virtual channel in addition to its other programming offerings. BEST channels are transmissions that provide programming directly over-the.

Sinclair and Nebraska Public Media Announce Launch of First Station Offering Free Virtual Channel Hosting in ATSC 3.0

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BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) will report its third quarter 2024 earnings results at 4:00 p.m. ET on Wednesday, November 6, 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 791357. If you plan to participate on the conference call, please.

Sinclair to Report Third Quarter 2024 Results on November 6, 2024 at 4:00 p.m. (Eastern Time)

BALTIMORE--(BUSINESS WIRE)--Sinclair today announced the return of Sinclair's Reporting, Producer and Weather Academies, a series of free, interactive, virtual workshops for college students interested in pursuing a career in journalism. The 90-minute sessions will run throughout the third week of November and assist students seeking to build a career in reporting, producing or weather. SESSION DATES: Reporter Academy – Tuesday, November 19 Producer Academy – Wednesday, November 20 Weather Acad.

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

BALTIMORE--(BUSINESS WIRE)--Sinclair today announced the company has launched Sinclair Cares: Hurricane Helene Relief, a fundraising partnership with the Salvation Army to assist with humanitarian relief efforts on the ground in Western North Carolina, South Carolina, Georgia, Florida, Virginia and Tennessee. Beginning today, www.SinclairCares.com will begin fundraising on behalf of the Salvation Army with all donations designated for delivering emergency aid, including food, water, shelter and.

Sinclair Cares: Hurricane Helene Relief

BALTIMORE--(BUSINESS WIRE)--The Daily Record, Maryland's daily news media company focused on law, government and business, has named Chris Ripley, Sinclair's President and Chief Executive Officer, one of Maryland's 2024 Most Admired CEOs. The Daily Record's annual Most Admired CEO list honors talented business CEOs, higher education leaders and nonprofit executive directors throughout Maryland whose leadership and vision are admired by those around them. “This award underscores the strength of.

The Daily Record Names Chris Ripley, Sinclair President and CEO, One of Maryland's Most Admired CEOs

BALTIMORE--(BUSINESS WIRE)--Sinclair's NewsON, a leading provider of live and on-demand local news content and Mindgrub, a prominent digital innovation agency, today announced a landmark collaboration. Together, they are pioneering the future of spatial computing in news media consumption by launching an Apple Vision Pro app for NewsON. This marks Sinclair's first foray into spatial computing specifically for local news delivery, blending digital content with physical surroundings.

Sinclair's NewsON Collaborates with Mindgrub to Redefine Local News Experience with Apple Vision Pro App

WASHINGTON--(BUSINESS WIRE)--Sinclair today announced its daily syndicated news program has been rebranded as The National News Desk. Launched January 2021 (as The National Desk) The National News Desk provides viewers with national, regional and local news, drawing on the extensive resources of Sinclair's local stations across the country. It provides viewers with a comprehensive, unbiased look at the most significant news stories of the day. The National News Desk airs on more than 80 station.

The National News Desk: Sinclair Rebrands Daily Syndicated Newscasts

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.

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