Stay updated with breaking news from Sinclair Ventures. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
After reporting advertising and media revenues down for the first quarter, Sinclair Broadcast Group is guiding investors to another soft quarter. “We 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 […]
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/tronc/Q7NP4CXH7FGS7EUAOW4YP4LHJI.jpg)
Sinclair Broadcast Group reported sharp drops in revenue and profit for the first quarter that reflect the Hunt Valley-based company’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.
To Rename Company as Sinclair, Inc. ... | April 3, 2023
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/tronc/5D3FCQBPQZALHJKUJ7HKAXSEY4.jpg)
Sinclair Broadcast has been best known as a television broadcaster, but the company and its affiliates also own, manage and or operate a range of businesses.
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 […]