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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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.

HUNT VALLEY, Md.--( BUSINESS WIRE )--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), today announced that the company has entered into an MOU with Hyundai Mobis, one of the world's largest automotive parts and services companies, to collaborate on the development and implementation of ATSC 3.0-enabled automotive business models in both Korea and the United States.

Sinclair Announces Agreement with Hyundai Mobis for Development of ATSC 3.0 Automotive Services

Sinclair Broadcast Group Names Camie Nicholas Vice President/General Manager in Wichita, Kansas

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BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group (NASDAQ: SBGI) is pleased to announce Project Baltimore, the special investigative reporting unit of WBFF/Fox 45 News, has been named a finalist for the 2023 Alfred I.

Sinclair Broadcast Group's “Project Baltimore” Named a Finalist for 2023 Alfred I. duPont-Columbia University Award

Shares of Sinclair Broadcast Group Inc. SBGI, -2.87% were down 3% in after-hours trading Wednesday after Wells Fargo analyst Steven Cahall double-downgraded the broadcast company's stock, lowering his rating to underweight from overweight and nearly halving his price target to $16 from a prior $30. The company "faces multiple pressures that we think are greater than TV broadcast peers," he wrote in a late Wednesday note to clients.

Sinclair Broadcast stock falls after double downgrade warns of 'multiple pressures'

Sinclair Broadcast Group Inc (NASDAQ:SBGI ) Q3 2022 Results Conference Call November 2, 2022 9:00 AM ET Company Participants Lucy Rutishauser - Executive VP and CFO Billie Jo McIntire - Director of IR Chris Ripley - President and CEO Rob Weisbord - COO and President of Broadcast Conference Call Participants Dan Kurnos - Benchmark Company Barton Crockett - Rosenblatt Securities Aaron Watts - Deutsche Bank Edward Reily - EF Hutton Steven Cahall - Wells Fargo Operator Good morning, ladies and gentlemen, and welcome to the Sinclair Third Quarter 2022 Earnings Conference Call. At this times, all participants have been placed on a listen-only mode.

Sinclair Broadcast Group Inc (SBGI) Q3 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 nine months ended September 30, 2022.

Sinclair Reports Third Quarter 2022 Financial Results

Sinclair Broadcast Group Names John Manzi Vice President/General Manager in Chico, CA

BALTIMORE--(BUSINESS WIRE)--Sinclair (NASDAQ: SBGI) today announced its Growth Networks Group, comprised of national broadcast networks Comet, CHARGE!

Comet, CHARGE! and TBD Emerge as the Fastest Growing Digital Broadcast Television Networks

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BALTIMORE & NEW YORK--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) and Disney Media & Entertainment Distribution (NYSE: DIS) today announced a multi-year deal that renews ABC affiliations across all Sinclair stations into 2026.

Sinclair Broadcast Group, Inc. and Disney Media & Entertainment Distribution Announce Renewals of ABC Affiliation Agreements Into 2026

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Major Broadcasters Launch NEXTGEN TV on Seven Local Television Stations in Wichita-Hutchinson

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ONE Media 3.0 and AutoMobility Advisors Automotive Webinar Series Begins October 27

LOS ANGELES--(BUSINESS WIRE)--Sinclair Broadcast Group (Nasdaq: SBGI) today announced a broad, multi-platform creative partnership with Anthony E.

Sinclair Broadcast Group Announces Creative Partnership with Anthony E. Zuiker

BOISE, Idaho--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) today announced Valerie Koonce has been named Vice President/General Manager of KBOI/CBS and KYUU/CW in Boise.

Sinclair Broadcast Group Names Valerie Koonce Vice President/General Manager of KBOI/CBS and KYUU/CW in Boise, Idaho

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Sinclair Broadcast Group (SBGI) Stock Undervalued Right Now?

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) will report its third quarter 2022 earnings results at 7:30 a.m.

Sinclair to Report Third Quarter 2022 Results on November 2, 2022 at 7:30 a.m. (Eastern Time)

HUNT VALLEY, Md.--(BUSINESS WIRE)--Executives from Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) ONE Media 3.0 and Bally Sports will be participating in the 2022 National Association of Broadcasters (NAB) Show New York. Members of the company's leadership team are scheduled to present in panel discussions during the show. Executives include: Chris Ripley, President and CEO Rob Weisbord, COO and President of Broadcast Mark Aitken, SVP of Advanced Technology, Sinclair Broadcast Group/President, O

Sinclair Broadcast Group, ONE Media 3.0, and Bally Sports Executives to Speak at NAB Show, New York

ROANOKE, Va. & LYNCHBURG, Va.--(BUSINESS WIRE)--The leading television stations serving the Roanoke-Lynchburg market today began broadcasting with NEXTGEN TV, a revolutionary new digital broadcast technology. Today's launch includes WSET-TV, WDBJ, WWCW, WSLS and WZBJ. Based on the same fundamental technology as the Internet and digital apps, NEXTGEN TV can support a wide range of features that are currently in development. In addition to providing a new, improved way for broadcasters to reach v

Major Broadcasters Launch NEXTGEN TV on Five Local Television Stations in Roanoke-Lynchburg

BALTIMORE--(BUSINESS WIRE)--Diamond Sports Group today announced that its direct-to-consumer service, Bally Sports+, is now available on Roku, America's #1 TV Streaming Platform*. The addition of Roku to the service's distribution lineup coincides with today's official rollout of Bally Sports+. Through the launch, Roku users will have the ability to download the Bally Sports app, subscribe to the Bally Sports+ service and stream live games and programming from their favorite local teams, all wi

Bally Sports+ Expands Distribution With the Addition of the Roku Platform

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (the “Company”) (Nasdaq: SBGI) announced it will host an Investor Day event from 10:00 a.m. to 2:00 p.m. ET on October 3, 2022 at Nasdaq MarketSite. Due to space limitations at the venue, the Company invites investors and the public to join in a listen-only mode via webcast accessible at www.sbgi.net. The presentation will include Sinclair's track record of innovation and industry leadership, current state, and plans for future growth.

Sinclair to Host Investor Day on October 3, 2022

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), a diversified media company and a leader in local news and sports, today announced several promotions within the company's legal department. The announcement was made by David Gibber, SVP, General Counsel. The following promotions within the company's legal organization are effective immediately: Ethan Haire to VP, Deputy General Counsel from VP, Associate General Counsel Kristi LeFaivre to VP, Associate General Counsel

Sinclair Announces Legal Department Promotions

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BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), a diversified media company and a leader in local news and sports, announced Tammy Dupuy and David Howitt have been promoted to Senior Vice Presidents of Programming for Sinclair Television Group, a subsidiary of Sinclair Broadcast Group. The announcement was made by Arthur Hasson, Sinclair's Chief Operating Officer of Programming. Dupuy, who has been with Sinclair since 1998, was most recently Vice President of Programm

Sinclair Announces Programming Department Promotions

WASHINGTON--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) today announced “Full Measure with Sharyl Attkisson” will return for its eighth season, beginning on September 11. Hosted by award-winning journalist Sharyl Attkisson, “Full Measure” focuses on investigative and accountability reporting. The 30-minute, weekly program airs on Sinclair television stations nationwide on Sunday mornings, or on-demand for free with the STIRR app, and features topics ranging from immigration t

“Full Measure with Sharyl Attkisson,” Sinclair Broadcast Group's Weekly Investigative News Program, Returns for Eighth Season on Sunday, September 11

Sinclair's direct-to-consumer streaming service, Bally Sports+, soft-launched to five regions earlier this summer. Today, the company announced that the streamer would officially roll out on September 26 across all 19 Bally Sports regional sports network brands (RSNs).

News for Sinclair Inc Stock (SBGI)