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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. ...
EF Hutton analyst Edward Reilly reiterated a Buy rating on Sinclair Broadcast Group Inc (NASDAQ: SBGI) and raised the price target to $50 from $40. The company held an investor day on October 3 ...
Sinclair’s stock was up 12% on Thursday. Sinclair’s broadcast stations have been known for having a conservative editorial voice, and the company faced backlash in 2018 after requiring some of ...
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 ...
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 ...
August 9, 2018. The attempted acquisition of Tribune Media by Sinclair Broadcast Group was a proposed broadcast media transaction between Sinclair Broadcast Group and Tribune Media. Formally announced on May 8, 2017, the $3.9 billion deal would have resulted in Sinclair owning—or having operational control over—stations available in 72% of ...
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Chris Ripley [9] has been the President and CEO of Sinclair Broadcast Group since January 2017 after serving as their Chief Financial Officer from April 2014 to January 2017. [ 10 ] [ 11 ] Ripley also serves as an Investor Director of hibu.