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Sinclair Broadcast Group logo (1985–2017) Smith's son David D. Smith began taking a more active role in the company in the 1980s. In 1985, the Chesapeake Television Corporation changed its name to the Sinclair Broadcast Group. In 1990, David and his three brothers bought their parents' remaining stock and went on a buying spree that ...
Diamond Sports Group LLC is an American media and entertainment company operating as a subsidiary of Sinclair Broadcast Group, and partnered with Allen Media Group. The company operates Bally Sports, a group of regional sports channels that was formerly known as the Fox Sports Networks. The company also has stakes in Marquee Sports Network and ...
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. ... On June 1, Sinclair Inc. became a public holding company of Sinclair Broadcast Group ...
Margins matter. The more Sinclair Broadcast Group (NAS: SBGI) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to ...
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 ...
On January 11, 2019, Fox stated in a securities filing that it had no plans to bid on its former regional sports networks; [7] they would instead go to a consortium led by Sinclair Broadcast Group, with Fox Corporation continuing to license the FSN name to those stations until Sinclair developed a new brand (the networks would eventually become ...
Sinclair Broadcast Group is tapping the markets in a new, underwritten public share offering. The company has priced its issue of 18 million class A common shares at $27.25 apiece. Sinclair said ...