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 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

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.

LOS ANGELES--(BUSINESS WIRE)--STIRR, a free, ad-supported OTT streaming service owned by Sinclair Broadcast Group (Nasdaq: SBGI), has expanded the content offerings on its STIRR City channels to include locally-produced news specials, beginning with Baltimore is Dying, a regional documentary, and Your Voice, Your Future Town Hall: City in Crisis, both produced by Sinclair Broadcast Group's FOX45 in Baltimore, to stream on STIRR City Baltimore on July 1 and 8. With more than 7 million app downlo

STIRR Continues to Expand Content Offerings, Adding Locally Produced News Specials to STIRR City

BUFFALO, N.Y.--(BUSINESS WIRE)--Sinclair Broadcast Group (Nasdaq: SBGI) today announced that the company's FOX 29 WUTV Buffalo, NY station will launch local news operations beginning July 1, 2021. WUTV's newscasts will feature in-depth, hard hitting local news coverage nightly at 10 p.m. FOX 29 news will provide reporting from across New York with content from a statewide network of sister stations. Buffalo news viewers will also see in-depth reporting from Sinclair's award winning team of jour

Sinclair's WUTV/FOX 29 Launches Local News Operations, Providing Buffalo, NY Communities with the Latest In-Depth Local Coverage

Nexstar Media Group

TEGNA

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Five leading local television stations in Little Rock, AR, including KATV (ABC), KTHV (CBS), KARK-TV (NBC), KLRT-TV (FOX), and KARZ-TV (MyNet), today became among the first 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 development.

Major Broadcasters Launch NEXTGEN TV on Five Local Television Stations in Little Rock, AR

E. W. Scripps

BALTIMORE--(BUSINESS WIRE)--Six leading local television stations in Baltimore, MD, including WMAR-TV (ABC affiliate), WBAL-TV (NBC affiliate), WBFF (FOX affiliate), WNUV (CW affiliate), and WMPT and WMPB (Maryland Public Television/MPT), today became among the first 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

Major Broadcasters Launch NEXTGEN TV on Six Local Television Stations in Baltimore, MD

Broadcast group owner Sinclair and investment fund LionTree are raising $250 million to launch a sports streaming service built on Sinclair's 21 regional sports networks around the United States. It could reshape online access to pro and college sports in many parts of the country.

Sinclair Raising $250 Million For Sports-Focused Streaming Service

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group (Nasdaq: SBGI) today announced the company's “Sinclair Cares: Roll Up Your Sleeves” campaign in partnership with American Red Cross. The campaign urges Sinclair viewers to help increase U.S. blood supplies by making a blood donation appointment, volunteering time, or providing financial contributions for the cause. The “Sinclair Cares: Roll Up Your Sleeves” campaign kicked off today, which is World Blood Donor Day, and runs through July 23. D

Sinclair Broadcast Group Teams Up With American Red Cross and Other Blood Collection Centers Nationally, Urging Viewers to Participate in Blood Donation Efforts

Sinclair Broadcast Group is quietly raising money for a new service to stream Major League Baseball, National Basketball Association and National Hockey League games to fans over the Internet, The Post has learned.

Sinclair raising $250M for new sports streaming service, sources say

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (the “Company”) (Nasdaq: SBGI) announced today that its annual stockholders meeting, scheduled for June 28th, will be webcast on its website, www.sbgi.net. Certain members of the Board of Directors and senior management will be attending virtually, and it is recommended that investors and other interested parties do the same. The meeting is scheduled to begin at 10 a.m. ET, and can be accessed on the Company's website at www.sbgi.net un

Sinclair to Webcast 2021 Annual Meeting of Stockholders

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group (Nasdaq: SBGI) is thrilled to announce that the company has been named to the prestigious Fortune 500 for the first time, ranking 465 on the list. Sinclair's place on the Fortune 500 follows years of tremendous growth and monumental achievements for the company. “Our company comes from humble beginnings in Baltimore, and thanks to our exceptional team, we have evolved from a local broadcaster into a diversified media and technology company th

Sinclair Broadcast Group Named to Fortune 500 List

HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) (“Sinclair” or the "Company"), today announced the planned retirement of Barry Faber, President of Distribution and Network Relations, effective June 25, 2021. During his 25 years at the Company, Mr. Faber helped Sinclair grow into one of the largest and most diversified broadcasters in the country. During his years as General Counsel, Mr. Faber guided the Company through a multitude of acquisitions, including more

Sinclair Announces Planned Retirement of Barry Faber, President of Distribution and Network Relations

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group (Nasdaq: SBGI) is proud to announce that The Press Club of Atlantic City has honored Sinclair-owned WBFF FOX45 in Baltimore and WKRC Local 12 in Cincinnati with a total of four National Headliner Awards for the news teams' investigative coverage of critical issues that significantly impact local communities. WBFF Project Baltimore's three distinctions include: FIRST PLACE: Continuing Coverage, WBFF Series “Shredding” FIRST PLACE: Documentary,

Sinclair Broadcast Group's WBFF/Baltimore and WKRC/Cincinnati Honored with National Headliner Awards for Journalistic Excellence from the Press Club of Atlantic City

ASHEVILLE, N.C.--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that Courtney Youngblood has been promoted to Vice President & General Manager of WLOS (ABC) in Asheville, North Carolina. Ms. Youngblood will also oversee Sinclair's provision of services to WMYA (MyNet affiliate). The announcement was made by Rob Weisbord, President of Broadcast and Chief Advertising Revenue Officer. “Courtney started her career with Sinclair more than 20 years ago, steadily climbing

Sinclair Names Courtney Youngblood Vice President and General Manager in Asheville, North Carolina

Sinclair Broadcast Group Inc (NASDAQ: SBGI) acquired the regional sports channels from the Walt Disney Co (NYSE: DIS) in 2019. Since then, Sinclair has struggled to gain traction with streaming and monetizing the regional sports networks, even taking a writedown on the acquisition.

If Sports Content Is King, Sinclair's DTC Model Could Be A Home Run

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group (Nasdaq: SBGI) is proud to announce that 18 of its newsrooms have been honored with the prestigious RTDNA Regional Edward R. Murrow Award for Outstanding Journalism. In total, these stations brought home a collective 37 awards, a shining testament to the company's commitment to providing the best in local journalism. Winning stations include: WJLA (6 awards); KOMO (4 awards); WBFF (4 awards); KTUL (2 awards); WHAM (2 awards); WJAR (2 awards);

Sinclair Broadcast Group Newsrooms Win 37 RTDNA Regional Edward R. Murrow Awards

Sprouts Farmers Markets

Sprouts Farmers Market, Inc. (SFM) CEO Jack Sinclair on Q1 2021 Results - Earnings Call Transcript

Sinclair Broadcast Group, Inc. (SBGI) CEO Chris Ripley on Q1 2021 Results - Earnings Call Transcript

Sinclair (SBGI) delivered earnings and revenue surprises of 108.26% and 2.46%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Sinclair (SBGI) Tops Q1 Earnings and Revenue Estimates

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today reported financial results for the three months ended March 31, 2021. First Quarter Highlights Consolidated total revenue decreased 6% to $1,511 million as compared to the first quarter of 2020. Consolidated operating income of $35 million, including $32 million of non-recurring costs for transaction and transition services, COVID, legal, and regulatory costs ("Adjustments") decreased c

Sinclair Reports First Quarter 2021 Financial Results

NEW YORK, May 4, 2021 /PRNewswire/ -- Today, Sinclair Broadcast Group ("Sinclair") (Nasdaq: SBGI) and Operative Media announced they have entered into a multi-year enterprise partnership agreement, which aims to transform the way local and national media is transacted across all digital and linear platforms throughout the industry. With this partnership, Sinclair will become the first local television broadcaster to consolidate all sellable assets across its platforms and markets into a single ad sales system, creating a unified brand experience for customers and sellers.

Sinclair Broadcast Group Partners with Operative Media's AOS to Reinvent How Media is Transacted

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group (Nasdaq: SBGI) announced today it will be expanding its well-received original news program, “The National Desk,” bringing its in-depth, by-the-minute coverage into the evening news hours starting on September 27, 2021. From 10 p.m.-12 a.m. (EDT), and 7 p.m.-9 p.m (PDT), audiences across the country will be able to tune into 68 stations (including all MY and CW Network channels owned-or-operated by Sinclair), STIRR, Sinclair's free OTT stream

Sinclair Broadcast Group's Acclaimed “The National Desk” Expands to Evening Broadcast Following Successful Morning Launch

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group (Nasdaq: SBGI) today announced that Bally Sports, Tennis Channel, and its High School Sports Division collectively, brought home nine Cynopsis Sports Media Awards, including “RSN of the Year.” “Sports broadcasting is at the core of Sinclair, and we are honored to have received these exceptional recognitions,” said Chris Ripley, President and CEO of Sinclair. “They are a testament to our commitment in providing local and national audiences the

Sinclair Broadcast Group Honored with Nine Cynopsis Sports Media Awards

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.

Earnings Preview: Sinclair (SBGI) Q1 Earnings Expected to Decline

Sinclair Broadcast Group is near a buy zone with earnings due on or around May 5. The post Stocks To Watch Ahead Of Earnings: Sinclair Broadcast Group appeared first on Investor's Business Daily.

Stocks To Watch Ahead Of Earnings: Sinclair Broadcast Group

Bally's

Do regional sports networks and betting go hand-in-hand?

Will Sports Betting Pay Off for This Media Stock?

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) will report its first quarter 2021 earnings results at 7:30 a.m. ET on Wednesday, May 5, 2021, 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 "Investors/ Webcasts." The dial-in number for the earnings call is 877-407-8033. If you plan to participate on the conference call, please call at least two minutes prior to the start time

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