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Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) Q2 2023 Earnings Call Transcript

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) Q2 2023 Earnings Call Transcript August 2, 2023 Sinclair Broadcast Group, Inc. misses on earnings expectations. Reported EPS is $-0.03 EPS, expectations were $0.58. Operator: Greetings, and welcome to the Sinclair Second Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session […]
Salt Lake City United States Chris Ripley Rob Weisbord Nicolas James Courtney Bahlman
Source: yahoo.com

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Sinclair: Auto Rebounding, Second Quarter Still Down

After reporting advertising and media revenues down for the first quarter, Sinclair Broadcast Group is guiding investors to another soft quarter. โ€œWe expect media revenues to decline compared to second quarter of 2022 due to the absence of political spending and continued year-over-year mid-single-digits subscriber churn. Second quarter core advertising is expected to be down […]
Chris Ripley Robert Weisbord Lucy Rutishauser Barton Crockett Sinclair Inc Sinclair Broadcast Group

Sinclair Broadcast reports decrease in revenue and profit, braces for weaker economy

Sinclair Broadcast Group reported sharp drops in revenue and profit for the first quarter that reflect the Hunt Valley-based companyโ€™s move to deconsolidate its struggling regional sports networks. Sinclair is reorganizing as it makes the transition from a traditional broadcast company to a diversified content and data distributor.
Chris Ripley Diamond Sports Group Sinclair Inc Sinclair Broadcast Group Hunt Valley Based Sinclair Broadcast

Sinclair Reorganizes Under Sinclair Inc. Umbrella

Sinclair Broadcast Group 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. Beyond its familiar television broadcast business, Sinclair Broadcast and its affiliates own, manage and/or operate technical and software services companies, intellectual property […]
Christophers Ripley Sinclair Inc Sinclair Television Group Inc Sinclair Broadcast Group New Sinclair Sinclair Broadcast

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