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Sinclair Inc - SBGI STOCK NEWS

Welcome to our dedicated news page for Sinclair (Ticker: SBGI), a resource for investors and traders seeking the latest updates and insights on Sinclair.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sinclair's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sinclair's position in the market.

Rhea-AI Summary
Sinclair Broadcast Group expands The Nest network's reach to 79% of US households through a new distribution agreement with TEGNA, adding 35 additional channels in major markets. The agreement also includes a station upgrade for Comet network. The Nest offers 'comfort food' programming and shows significant growth in 2023, with plans for further expansion in 2024 and beyond.
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End-of-Day
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Rhea-AI Summary
Sinclair Broadcast Group, LLC, subsidiary of Sinclair Inc., (Nasdaq: SBGI), reports significant growth in viewership for its free, over-the-air national networks Comet, CHARGE! and TBD. The networks experienced unprecedented year-over-year growth in 2023, with Comet +17%, CHARGE +37%, and TBD +10%, and the trend continued in January 2024. Key programming highlights include series launches of Grimm, Law & Order: Criminal Intent, Whose Line is it Anyway?, Key & Peele, and Punk’d. The networks have emerged as leaders in the multicast TV sector, securing distribution upgrades and launching a new network called The Nest. The company is optimistic about the future of multicast TV and continues to invest in the sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.02%
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Rhea-AI Summary
Sinclair Broadcast Group, LLC, a subsidiary of Sinclair Inc. (Nasdaq: SBGI), has announced a strategic partnership with Futuri, integrating Futuri's advanced AI-driven sales system, TopLine®, into Sinclair's 186 owned and or operated television stations. The partnership follows a successful pilot program demonstrating the tool's effectiveness in improving sales efficiency and revenue growth. This collaboration signifies both companies' commitment to technological advancement in the broadcasting industry.
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-0.2%
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partnership AI
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Sinclair appoints Amy Calvert as Vice President/General Manager of KOKH/FOX and KOCB, their television stations in Oklahoma City. Calvert brings extensive experience in the broadcast industry and is well-connected in Oklahoma. She aims to strengthen the stations' community bonds and grow their presence in the region.
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1.02%
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Rhea-AI Summary
Sinclair announces Jennifer Hansen as the new Vice President/General Manager of WBMA/WABM and WTTO in Birmingham. Hansen brings a strong leadership record from her previous roles at Sinclair and The Walt Disney Company. She aims to deliver compelling content, engage audiences, and drive success across all platforms. Hansen's expertise will be a valuable addition to the market. She holds an MBA from MIT, a Bachelor of Arts in Psychology, and has served on several boards.
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Rhea-AI Sentiment
End-of-Day
-3.38%
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Rhea-AI Summary
Sinclair, Inc. (Nasdaq: SBGI) is set to release its fourth quarter 2023 earnings results on February 28, 2024, followed by a conference call to discuss the results. The call will be webcast live and a replay will be available on the company's website. Members of the news media are welcome to participate in a listen-only mode.
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Rhea-AI Sentiment
End-of-Day
-3.38%
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conferences earnings
Rhea-AI Summary
Sinclair appoints Diana Wilkin as Vice President/General Manager of WPEC/CBS, WTVX/CW, and WTCN/MY in West Palm Beach, Florida. Wilkin previously managed Sinclair’s TV stations in Oklahoma City. She has an extensive background in media leadership, including roles at CBS Network and FOX Broadcasting. Wilkin is excited to return to WPEC and is committed to driving growth, innovation, and community engagement in South Florida.
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Rhea-AI Sentiment
End-of-Day
4.94%
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Sinclair, Inc. (SBGI) has renewed its distribution agreement with the National Content & Technology Cooperative (NCTC), representing almost 700 cable and broadband operators in the US. The agreement includes retransmission consent for Sinclair's local stations and Tennis Channel, ensuring availability to independent cable system operators across the country. This move aims to serve rural and underserved communities, showcasing a commitment to nationwide reach and accessibility.
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End-of-Day
-6.92%
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Rhea-AI Summary
Sinclair, Inc. (Nasdaq: SBGI) and FOX Corporation have renewed their broadcast divisions' agreement for a multi-year renewal of all FOX affiliations in Sinclair markets. The 41 renewed markets serve approximately 19 million TV households. The agreement includes the early renewal of 17 markets and ensures the continuation of premier sports and entertainment programming, such as the NFL, Baseball Night in America, the World Series, and college football and basketball, paired with best-in-class local news and syndicated programming.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
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Rhea-AI Summary
Sinclair, Inc. (Nasdaq: SBGI) and FOX Corporation have renewed their broadcast divisions' agreement for a multi-year renewal of all FOX affiliations in Sinclair markets. The 41 renewed markets serve approximately 19 million TV households. The agreement includes the early renewal of 17 markets and ensures the continuation of premier sports and entertainment programming, such as the NFL, Baseball Night in America, the World Series, and college football and basketball, paired with best-in-class local news and syndicated programming.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.36%
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Sinclair Inc

Nasdaq:SBGI

SBGI Rankings

SBGI Stock Data

1.01B
33.46M
10.48%
69.6%
5.87%
Entertainment
Communication Services
Link
United States
Hunt Valley