Welcome to our dedicated page for Sinclair news (Ticker: SBGI), a resource for investors and traders seeking the latest updates and insights on Sinclair stock.
Sinclair, Inc. reports news across its diversified media business, including local television stations affiliated with major broadcast networks, Tennis Channel, multicast networks CHARGE, Comet, ROAR and The Nest, and AMP Media digital content and podcasts. Company updates commonly address advertising revenue, distribution revenue, political advertising cycles, live sports programming, station operations and portfolio actions involving media or broadcast-technology assets.
Recurring Sinclair announcements also include quarterly financial results, cash dividends on its Class A and Class B common stock, debt and liquidity actions, investor conference participation, and community initiatives under the Sinclair Cares brand.
Sinclair (NASDAQ: SBGI) has appointed Joseph Tracy as Vice President and General Manager of two Iowa stations - KDSM in Des Moines and KGAN in Cedar Rapids. Tracy, a University of Notre Dame graduate, returns to Sinclair with extensive industry experience, having previously served as General Sales Manager at WTVX in West Palm Beach.
Tracy's career includes leadership roles across multiple stations nationwide, with expertise in sales and station management. His appointment aims to strengthen Sinclair's presence in Iowa's largest markets, focusing on revenue growth and community engagement through initiatives like AMP Sales & Marketing Solutions and AMP Media platforms.
Sinclair operates 185 television stations across 86 markets, owns Tennis Channel, and provides multiple content delivery platforms including NewsON, the largest streaming aggregator of local news content.
Sinclair (NASDAQ: SBGI) announced the rebranding of TBD TV to ROAR, effective April 28, marking a strategic shift towards comedy-focused programming. The rebranding follows a Q4 2023 initiative to differentiate from traditional sitcom-based multicast networks.
The network has secured key programming including Saturday Night Live, Whose Line is it Anyway, Key & Peele and Punk'd, along with distribution upgrades in major markets through FOX owned stations. ROAR achieved record-breaking performance in February 2025, with 42% year-over-year growth across all demographics. Their SNL 50th Anniversary celebration attracted 3.2 million viewers.
ROAR will be available free over-the-air and through major streaming platforms. Sinclair owns and operates 185 television stations in 86 markets, along with other channels including Tennis Channel, Comet, CHARGE!, and The Nest.
Sinclair has launched a pioneering initiative implementing AI-powered real-time language translation for local newscasts, becoming the first broadcaster to offer this technology. The test is currently active in four markets: Baltimore/WBFF, San Antonio/KABB, West Palm Beach/WPEC, and Las Vegas/KSNV, enabling Spanish-speaking viewers to access live translations of news broadcasts.
The company has partnered with Deeptune, a generative AI language editing company, for this implementation. The service is accessible through local Sinclair stations' YouTube channels. This initiative follows Sinclair's earlier AI translation implementations in 2024 with 'Petko Unfiltered' on Tennis Channel and during Hurricane Milton weather coverage at WPEC.
Sinclair emphasizes its commitment to responsible AI use through memberships in organizations like the Content Authenticity Initiative (CAI) and has established SAIF (Sinclair AI Forum) for internal AI governance and compliance.
Sinclair (Nasdaq: SBGI) has announced a quarterly cash dividend of $0.25 per share on both Class A and Class B common stock. The dividend will be paid on March 24, 2025, to shareholders of record as of March 10, 2025.
The company operates as a diversified media enterprise, managing 185 television stations across 86 markets with major broadcast network affiliations. Sinclair's portfolio includes Tennis Channel and multicast networks such as Comet, CHARGE!, TBD., and The Nest. Content distribution occurs through multiple platforms, including over-the-air broadcasting, multi-channel video program distributors, and NewsON, the nation's largest streaming aggregator of local news content.
Sinclair (SBGI) reported strong Q4 2024 financial results, with total revenues increasing 22% to $1,004 million. The company achieved record political advertising revenues of $405 million for full-year 2024, up 16% from 2020 levels.
Key Q4 metrics include: Media revenues up 21% to $992 million, total advertising revenues increased 42% to $514 million, and operating income of $266 million. The company completed a comprehensive refinancing in early 2025, extending debt maturities beyond 6.5 years.
Notable developments include forming EdgeBeam Wireless, a joint venture with major broadcasters for ATSC 3.0 NextGen Broadcast nationwide coverage, and Tennis Channel's launch of a direct-to-consumer streaming service. Sinclair also finalized key distribution agreements, including DISH Network carriage renewal and NBC affiliation renewal for 21 stations.
Sinclair has appointed Tanya Winscott as Vice President and General Manager of KMPH/FOX and KFRE/CW in Fresno, CA. The announcement was made by Rob Weisbord, Sinclair's Chief Operating Officer and President of Local Media, who highlighted Winscott's extensive experience in sales and leadership, as well as her understanding of the evolving media landscape.
Prior to this appointment, Winscott served as Director of Sales at KGTV in San Diego and held various positions including Local Sales Manager at KNXV in Phoenix and account executive roles at several Arizona stations. Winscott, who holds a Bachelor's degree in Broadcast Journalism from Arizona State University, expressed enthusiasm about engaging with the Central Valley community and delivering high-quality local news and programming.
Sinclair (Nasdaq: SBGI) has appointed Franco Gentile as Vice President and General Manager of WKRC and WSTR, the company's television stations in Cincinnati. Gentile previously served as VP/GM of KPTM and KXVO in Omaha, NE since 2021, with additional oversight of KHGI and KFXL in Lincoln-Hastings-Kearney market in 2023.
Gentile has been with Sinclair since 2004, holding various sales and leadership positions across Baltimore, Tampa, and Columbus operations. He serves on multiple boards including the Downtown Rotary of Omaha and Nebraska Broadcasters Association. Gentile holds an MBA from the University of Maryland and a BS in Business Administration from Towson University.
Sinclair operates 185 television stations across 86 markets, owns Tennis Channel, and runs several multicast networks including Comet, CHARGE!, TBD, and The Nest.
Sinclair has announced a broadcast affiliate distribution agreement with Nexstar to renew and expand clearances for its free, over-the-air multicast networks: Comet, CHARGE!, TBD, and The Nest. The deal covers over 15M U.S. households, strengthening national coverage in key markets.
CHARGE!, featuring police procedural shows, renewed agreements in Charlotte, Cleveland, New Orleans, and Indianapolis, while adding Springfield and Denver markets. Comet, focusing on sci-fi content, renewed in New Orleans, Indianapolis, Cleveland, and Harlingen. TBD, offering comedy programming, renewed in Kansas City and Sacramento. The Nest, featuring reality and true crime content, secured Chicago market coverage on WGN, achieving full power OTA coverage in top 10 DMAs.
Sinclair (SBGI) has completed a series of transactions to strengthen its balance sheet and enhance financial flexibility. The company executed multiple refinancing moves, including: a $1.43 billion private placement of First-Out First Lien Secured Notes due 2033, establishment of a $575 million first-out first lien revolving credit facility, and refinancing of approximately $1.44 billion in term loans.
The transactions extend the company's closest meaningful maturity to December 2029 and increase the weighted average maturity to 6.6 years. Additional components include an exchange offer for secured notes, private debt repurchases at discounted rates, and a private exchange offer for second lien notes. These moves are designed to reduce first lien net leverage and improve financial optionality, allowing Sinclair to pursue deleveraging opportunities while enhancing stakeholder returns.
Sinclair (Nasdaq: SBGI) announced significant progress in its private debt exchange offer and consent solicitation for Sinclair Television Group. As of February 7, 2025, approximately $267.2 million (36.24%) of outstanding Existing Notes were tendered, while holders of $463.6 million (62.87%) delivered consents without tendering notes.
The company received the required two-thirds majority consent to implement amendments to the existing indenture, which will eliminate restrictive covenants, modify events of default, and release collateral liens. Early participants will receive $1,000 in Exchange Second-Out Notes per $1,000 of Existing Notes, while later participants will receive $990. The early settlement is expected on February 12, 2025, with final settlement scheduled for March 12, 2025.