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Lillian Rizzo, CNBC and Alex Sherman, CNBC. May 9, 2024 at 5:04 PM. Andrew Harrer. Sinclair, one of the largest owners of broadcast stations in the U.S., is looking to sell more than 30% of its ...
The following is a list of stations owned or operated by Sinclair Broadcast Group. Sinclair owns or operates 294 television stations across the United States in 89 markets ranging in size from as large as Washington, D.C. to as small as Ottumwa, Iowa / Kirksville, Missouri. [1] Several of these stations are owned by affiliate companies with ...
The shift is likely aimed at reinvigorating Sinclair stock, which has languished over the past few years. It’s lost two-thirds of its value since 2020 began, closing Friday down 43 cents at $9. ...
Over the past 12 months, Sinclair Broadcast Group generated $109.6 million cash while it booked net income of $75.8 million. That means it turned 14.3% of its revenue into FCF. That sounds pretty ...
Sinclair Broadcast Group. Sinclair, Inc., doing business as Sinclair Broadcast Group, is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb of Cockeysville, Maryland, the company is the second-largest television station ...
Before joining Sinclair, he was a managing director at UBS Investment Bank’s Global Media Group and served as head of their Los Angeles office. At UBS, Ripley advised, managed, and structured various financings along with acquisition and merger transactions in the entertainment and broadcast sectors. [13]
Full Measure is an American Sunday morning political affairs and investigative news magazine series hosted by investigative journalist Sharyl Attkisson. The program is produced, broadcast, and syndicated by the Sinclair Television Group. It is shown on most television stations operated by the Sinclair Broadcast Group division, initially ...
Sinclair Broadcast Group is shrinking its workforce by 5%, letting go of several hundred employees as a result of the “profound impact” of the pandemic, said the company in a statement. The ...