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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

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.

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.

Sinclair (SBGI) Reports Next Week: Wall Street Expects Earnings Growth

PORTLAND, Ore., July 28, 2020 /PRNewswire/ -- Seven leading local television stations in Portland, OR, including KATU (ABC), KOIN (CBS), KGW (NBC), KPTV (Fox), KOPB-TV (PBS), KRCW-TV (CW) and KPDX (MyNet), today became among the first in the nation to begin broadcasting with NEXTGEN TV, a.

Major Broadcasters Launch NEXTGEN TV On Seven Local Television Stations In Portland, OR

Comparing the trend in Sinclair Broadcast Group’s stock, a telecommunication company, over recent months with its trajectory during and after the Great Recession of 2008, we believe that the stock could likely gain a marginal 6% to around the levels of $20, once fears surrounding the corona.

Sinclair Down 45% From 2020 Peak, Can It Gain Post-Covid?

Comcast

Just in time for the Chicago Cubs’ regular season opener, Comcast and Sinclair Broadcast Group renewed their carriage agreement, which includes the Cubs’ new TV home, Marquee Sports Network. The multi-year deal covers retransmission consent of 78 Sinclair TV stations in 51 markets across Comcast’s cable footprint. Also in the mix are continued distribution of

Comcast And Sinclair Play Ball, Renewing Carriage Deal That Includes Chicago Sports Network On Day Of Cubs Opener

PHILADELPHIA & HUNT VALLEY, Md.--(BUSINESS WIRE)--COMCAST AND SINCLAIR BROADCAST GROUP, INC.

Comcast and Sinclair Broadcast Group, Inc. Announce Multi-Year Content Carriage Agreement

BALTIMORE, July 21, 2020 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that Scott Shapiro has assumed the newly-created role of Chief Strategy Officer/Sports in addition to his current role of Chief Development Officer.

Sinclair Announces Scott Shapiro As Chief Strategy Officer Of Sports

AUXVASSE, Mo.--(BUSINESS WIRE)-- #CRO--Sinclair Research, a leading provider of nonclinical contract research services, today announced a strategic partnership with Bolder BioPATH, a premier provider of pharmacology and pathology services specializing in in vivo models of Rheumatoid Arthritis, Osteoarthritis, Inflammatory Bowel Disease, and other autoimmune and inflammation models.

Sinclair Research Announces Strategic Partnership with Bolder BioPATH to Expand Early-stage Discovery Model Portfolio

HUNT VALLEY, Md., July 6, 2020 /PRNewswire/ -- Sinclair Broadcast Group (NASDAQ: SBGI) today announced that it has appointed industry veteran and former Universal Studios executive Steve Rosenberg as president of local sports. In this new role, Rosenberg will oversee the company's...

Sinclair Names Steve Rosenberg President of Local Sports

ViacomCBS

ViacomCBS and Sinclair Broadcast Group have reached multi-year renewals for eight CBS affiliates, covering some 3 million U.S. households. The group of affiliates includes Salt Lake City and Austin, both top-50 markets. ViacomCBS also renewed the affiliation of WTVH in Syracuse, NY, which Sinclair programs. Sinclair, the No. 2 owner of local TV stations, is

ViacomCBS And Sinclair Set Renewals For Eight CBS Affiliates

Sinclair Broadcast Group Inc. said Wednesday it will be hiring 25 new positions for its new headline news service, which is scheduled to launch in early 2021.

Sinclair to hire for 25 new jobs as part of launch of new headline news service

HUNT VALLEY, Md., June 17, 2020 /PRNewswire/ -- Sinclair Broadcast Group (NASDAQ: SBGI) today announced that it will be launching a headline news service scheduled to premiere in early 2021. This new program will report on the news as it happens, providing dynamic and timely journalism...

Sinclair Broadcast Group to Launch Headline News Service, Announces 25 New Positions to be Filled

LOS ANGELES, May 29, 2020 /PRNewswire/ -- Jeff Krolik, longstanding President of the Regional Sports Networks (RSNs) now owned by Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), today announced his retirement, effective August 30, 2020. Krolik, 63, managed the RSNs for nearly 15 years, and...

Sinclair Regional Sports Networks President, Jeff Krolik, Announces Retirement

BALTIMORE, May 27, 2020 /PRNewswire/ -- Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (Nasdaq: SBGI) today announced that its indirect subsidiaries, Diamond Sports Group, LLC and Diamond Sports Finance Company (together, the "Issuers"), have amended their previously...

Sinclair Announces Extension Of Early Tender Time For The Private Debt Exchange Offer And Consent Solicitation Of Diamond Sports Group

BALTIMORE, May 19, 2020 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) congratulates 18 of its news stations and partner stations for being honored with the prestigious National Edward R. Murrow Award for outstanding journalism. Among the winners are: WBFF (Baltimore, MD),...

Sinclair Broadcast Group Wins 28 RTDNA National Edward R. Murrow Awards

Moody’s Investors Service has downgraded the credit outlook of Diamond Sports Group, the consortium led by Sinclair Broadcast Group that owns the 23 regional sports networks formerly run by Fox. The view of the ratings agency turned negative due to increased debt levels likely over the next 12 months. All sports broadcasters are coping with

Moody’s Flags Sinclair-Led Sports Networks, Downgrading Credit To Negative

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With the pandemic impacting live sports, these three ad stocks could see big losses in the near-term

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Investors need to pay close attention to Sinclair (SBGI) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Sinclair (SBGI) Stock?

Sinclair Broadcasting will pay the largest civil penalty involving a broadcaster in the Federal Communications Commission's history.

Sinclair Broadcasting will pay $48 million civil penalty to FCC

Sinclair Broadcast Group, Inc. (SBGI) CEO Chris Ripley on Q1 2020 Results - Earnings Call Transcript

Sinclair (SBGI) delivered earnings and revenue surprises of 1450.00% and -1.36%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Sinclair (SBGI) Q1 Earnings Surpass Estimates

Sinclair Broadcast Group, the No. 2 U.S. owner of local TV stations and a force in regional sports networks, reported mixed first-quarter results and warned investors of some COVID-19 bumps to come. Total revenue in the quarter rose 123% to $1.61 billion, just shy of Wall Street analysts’ consensus estimate for $1.65 billion. Earnings per share

Sinclair Broadcast Group Misses Q1 Revenue Target, Says COVID-19 Impact Will “Intensify”

Sinclair Is Now A Contrarian Play

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Media networks have paid billions for live sports that they aren't going to broadcast this year. But nobody's pressing the issue yet, as the cable industry is focused on survival.

Media networks have paid billions for sports they won't receive this year — but the fighting for refunds hasn't started yet

S&P Global Thursday revised the credit outlook for Sinclair Broadcast Group to negative from positive given combined pressure from the coronavirus and the debt-funded acquisition last year of the Fox Sports Networks. Sinclair acquired the networks for $9.6 billion, funded with $8.9 billion in debt. “We believe there is still a path for Sinclair to

News for Sinclair Inc Stock (SBGI)