Sinclair - SBGI STOCK NEWS

Sinclair (NASDAQ: SBGI) has appointed Vincent J. Sollecito as Vice President and General Manager of WPEC in West Palm Beach, Florida. Sollecito joins from Marquee Sports Network, where he served as Senior Vice President of Ad Sales and helped launch the regional sports network in 2019.

Prior to this role, Sollecito was President of ABC National Television Sales, managing sales operations for eight ABC owned-and-operated stations. His career includes leadership positions at ABC 7 Chicago and WABC in New York. Rob Weisbord, Chief Operating Officer and President of Local Media, cited Sollecito's 20+ years of experience leading teams in top markets as key to the appointment.

Sinclair operates 185 television stations across 86 markets, owns Tennis Channel, and manages several multicast networks including Comet, CHARGE!, TBD/ROAR, and The Nest. The company also operates NewsON, the largest streaming aggregator of local news content.

Sinclair has announced the retirement of Dave Schwartz, Corporate Senior Vice President of Station Operations, effective June 30. Schwartz, who has held the position since 2007, has been instrumental in shaping the company's operational strategy for over two decades.

Having joined Sinclair in 2004 as General Manager of WSMH-TV in Flint, Michigan, Schwartz's career included previous roles as Vice President of Sales at WRBW-TV Orlando (1995-2002) and Senior Vice President and Director of Sales at Seltel national rep firm (1983-1995). Rob Weisbord, COO and President of Local Media, praised Schwartz's leadership and contributions to strengthening Sinclair's operations.

Sinclair has announced the launch of a new weekly podcast called BFFR, hosted by soccer stars Sydney Leroux and Ali Riley, premiering April 28 across major podcast platforms. The show, produced by AMP Media, features Leroux, a World Cup Champion and Olympic Gold Medalist, alongside Riley, captain of the New Zealand National Team and five-time New Zealand Player of the Year.

The podcast expands their successful social media series into long-form content, offering behind-the-scenes insights into their lives as athletes. Episodes will be available on Apple Podcasts, Spotify, and other platforms, with extended video versions on YouTube releasing every Monday. The show will also share exclusive clips across Instagram, TikTok, and X.

Both hosts currently play for Angel City FC and aim to redefine perceptions of women in sports through unfiltered, authentic conversations. The podcast represents Sinclair's commitment to amplifying female voices in sports media.

Sinclair Inc (Nasdaq: SBGI) has announced it will release its first quarter 2025 earnings results on Wednesday, May 7, 2025, at 4:00 p.m. ET. The company will host a conference call to discuss the results at 4:30 p.m. ET.

The earnings call will be accessible via webcast at www.sbgi.net under 'Investor Relations/Events and Presentations'. Participants can join by dialing 888-506-0062 with entry code 937095. A replay of the call will be exclusively available on Sinclair's website. The company's press release and non-GAAP reconciliations will also be posted online.

Sinclair has announced its strategic entry into the media-for-equity space, leveraging its extensive media assets to support high-potential companies and emerging brands. The initiative involves partnerships with Mercurius Media Capital and mediaforgrowth (MFG), offering advertising resources and strategic support in exchange for equity through Sinclair's Local Media segment.

The company's vast portfolio includes 185 owned/operated television stations across 86 markets, national networks, and digital platforms. Recent investments showcase their commitment to this strategy, including stakes in Best Day Brewing, Crush Yard, Puroast Coffee, Air Tasker, LA Golf, Captain Experiences, Deskera, Edly, and RVnGo.

This move aligns with projections that the U.S. will become the leading market for media capital by 2030, surpassing Sweden, Germany, and the UK. The initiative is led by JR McCabe, Chief Business Officer, Consumer Products, and Andrew Schnell, VP, Corporate Strategy and Development.

Sinclair (NASDAQ: SBGI) has promoted Christina Tesauro to Senior Vice President of Sales for Tennis Channel and AMP Sports. Previously serving as Vice President of Sales and Partnerships for Sinclair's AMP Sports, Tesauro has been instrumental in expanding the company's advertising and sponsorship portfolio since joining Tennis Channel's sales team in 2018.

Key initiatives under her leadership include the upcoming 2024 launch of Women's Day on TennisChannel 2. Prior to Sinclair, Tesauro worked in media sales at The Walt Disney Company from 2007. The promotion recognizes her role in driving growth and innovation across Tennis Channel platforms.

Tennis Channel and TennisChannel 2, owned by Sinclair, serve as exclusive U.S. homes for ATP World Tour, WTA Tour competitions, Davis Cup, Billie Jean King Cup, United Cup, and Laver Cup. The networks offer extensive tennis coverage through multiple platforms, including a streaming service with 10,000 hours of live and on-demand matches.

NAB, Sinclair (NASDAQ: SBGI), and UrsaNav are demonstrating a complementary system to provide precision timing if GPS is compromised. The demonstration showcases the Broadcast Positioning System (BPS) and eLoran as terrestrial alternatives to GPS, which is vulnerable to disruption and attacks.

The economic impact of GPS is significant, having generated approximately $1.4 trillion in economic benefits through 2017 in the U.S. A single day of GPS failure could result in $1.6 billion in losses, while a month-long failure could cost $58.2 billion.

BPS, developed by NAB and enabled by ATSC 3.0 (NextGen TV), can be deployed using existing broadcasting infrastructure. The demonstration will take place at NAB Show's Futures Park, with a panel discussion scheduled for April 5.

Sinclair's COO and President of Local Media, Rob Weisbord, will be inducted into the Broadcasting+Cable Hall of Fame class of 2025. The ceremony will take place on September 30 at New York's Ziegfeld Ballroom. Weisbord, who joined Sinclair in 1997, oversees operations across 185 television stations in 86 markets, including revenue management for Tennis Channel, multicast networks, and NewsON streaming platform.

As COO, Weisbord is responsible for local broadcast operations and revenue across all Sinclair divisions, including Compulse, the company's marketing technology arm. His role encompasses advanced revenue solutions, analytics, and exploration of strategic partnerships and acquisitions.

Sinclair has achieved a historic milestone as the first broadcast company authorized by the Federal Aviation Administration (FAA) to fly drones over people and moving vehicles without requiring a waiver for newsgathering purposes.

The company's Unmanned Aerial Systems (UAS) program, established in 2016, currently operates in 50 newsrooms nationwide with 148 FAA certified pilots and 540 trained visual observers, having completed over 40,000 logged flights. All drone pilots undergo extensive training at Virginia Tech's Mid-Atlantic Aviation Partnership (MAAP), an FAA-designated UAS test site.

This authorization enables Sinclair to operate specially modified drones under strict safety protocols, enhancing their ability to cover breaking news, local events, weather, and community stories. The company has conducted community outreach meetings in each market where they operate drones, engaging with various stakeholders including first responders and local government agencies.