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. (NASDAQ: SBGI) generates a steady flow of news as a diversified media company active in broadcasting, local news, sports, multicast networks, and digital content. The Sinclair news feed on Stock Titan brings together company-issued updates, financial announcements, programming developments, and community initiatives drawn from its broad portfolio of media assets.
Investors and media observers can find financial and corporate news such as quarterly earnings results, dividend declarations, leverage and liquidity updates, and details on station portfolio optimization and partner station transactions. These items are often accompanied by Form 8-K filings that summarize results of operations, capital structure changes, and other material events.
Sinclair also issues programming and network performance news related to its multicast networks CHARGE, Comet, ROAR, and The Nest, as well as Tennis Channel. Company releases describe ratings milestones, distribution expansions, and schedule changes that highlight how genre-focused programming in crime procedurals, science fiction and fantasy, and contemporary comedy is performing across key demographics and distribution platforms, including vMVPDs.
Through AMP Media and AMP Sports, Sinclair publishes updates on original podcasts and sports content, including shows like “Unfiltered Soccer with Landon Donovan and Tim Howard” and college football podcasts tied to major programs. News items may cover new seasons, live fan events, sponsorship arrangements, and partnerships with organizations such as Athletes First.
Additional coverage includes community and educational initiatives, such as the Sinclair Scholarship program for students pursuing media careers and campaigns like Sinclair Cares. For readers tracking SBGI, this news page offers a centralized view of how the company’s broadcasting, sports, and digital operations evolve over time. Bookmark this feed to monitor the latest company press releases, ratings highlights, programming moves, and corporate disclosures connected to Sinclair’s diversified media footprint.
The Portland Trail Blazers have announced a new era of broadcasting, partnering with Sinclair Broadcast Group to launch the Rip City Television Network and BlazerVision, a direct-to-consumer streaming service, starting with the 2024-25 season. This marks the first time in franchise history that a majority of games will be available over-the-air on local TV, quadrupling broadcast reach throughout Oregon and Washington.
The Rip City Television Network will air games on Sinclair's local stations, including KATU and KUNP in Portland, with expanded coverage in Seattle, Medford, Eugene, and Yakima/Pasco. BlazerVision, priced at $120 annually or $19.99 monthly, will offer all non-exclusive nationally televised games, on-demand replays, and exclusive content. Rip City United members will receive a complimentary BlazerVision subscription with their ticket package.
Sinclair, Inc. (Nasdaq: SBGI) has increased its third quarter 2024 political revenue expectations to $140-$145 million, up from the previous forecast of $113-$128 million. The company's Local Media segment core advertising revenue is expected to be $285-$293 million, slightly down from the earlier forecast due to crowd-out from increased political advertising. This represents a 2-4% year-over-year growth in core advertising.
Total Local Media advertising revenue for Q3 is now anticipated to be $425-$438 million, up from the previous range of $401-$428 million. Sinclair has also increased its full-year 2024 political revenue expectation to $442-$469 million, up from $385-$410 million. The company reaffirms its previously provided 2-year compounded annualized mid-single digit percent growth rate for net retrans from 2023 through 2025. Sinclair will release its Q3 2024 financial results on November 6, 2024.
Sinclair, Inc. (Nasdaq: SBGI) has announced that its President and CEO, Chris Ripley, and CFO Lucy Rutishauser will be presenting at the Deutsche Bank 32nd Annual Leveraged Finance Conference. The presentation is scheduled for September 24, 2024, at 10:40 AM MST / 1:40 PM EDT in Scottsdale, AZ.
Investors and interested parties can access a live webcast of the event through Sinclair's Investor Relations website on the Events and Presentations Page. The webcast will also be available for replay for a time following the presentation, providing an opportunity for those unable to attend live to catch up on the information shared.
Sinclair has appointed Cindi Dias as the new Vice President and General Manager of KBAK (CBS) and KBFX (FOX) in Bakersfield, California. Dias, who previously served as the General Sales Manager for 17 years, brings 30 years of broadcast and multimedia sales experience to her new role. Rob Weisbord, Sinclair's Chief Operating Officer and President of Local Media, praised Dias's deep market relationships and successful management record.
Dias's career spans 26 years with KBAK and KBFX in Bakersfield, following earlier roles at Petry Television in Los Angeles and as an account executive for KERO and KSMJ radio in Bakersfield. In her statement, Dias expressed commitment to the Bakersfield community, employees, and advertisers, emphasizing her focus on innovation and world-class marketing opportunities to serve the community and adapt to the evolving broadcasting landscape.
Saankhya Labs, Free Stream Technologies, and Sinclair Inc. (SBGI) are collaborating to develop low-cost Direct-to-Mobile (D2M) devices for consumer trials in India. These devices will use Saankhya's Pruthvi-3 ATSC 3.0 chipsets, supporting India's semiconductor and self-reliance initiatives. The partnership aims to launch various D2M-enabled devices, including smartphones, USB dongles, STB/Gateways, and feature phones, demonstrating interoperability with mobile system-on-a-chip suppliers holding over 70% global market share.
Consumer trials are set to begin in the first half of 2025, targeting India's 300 million feature phone users. This initiative aligns with India's push for mobile technology expansion and Prime Minister Modi's vision for India's 'Techade'. The collaboration leverages Saankhya's end-to-end D2M technology expertise and Sinclair's experience with ATSC 3.0 standard deployment.
Sinclair has announced that Full Measure with Sharyl Attkisson will return for its tenth season starting on September 8. Hosted by award-winning journalist Sharyl Attkisson, the 30-minute weekly investigative news program airs on Sinclair television stations and live online. The show covers topics such as immigration, government waste, national security, and whistleblower reports. Season 10 will begin with a focus on immigration's impact on the upcoming presidential race and Europe's changing politics. SVP of News, Scott Livingston, notes the show's success in delivering impactful journalism. Since its 2015 launch, Full Measure has seen audience growth, including a 38% increase in total audience share. Attkisson and Executive Producer Batt Humphreys express gratitude for Sinclair's support and the audience's desire for independent reporting.
TBD., Sinclair's free broadcast network, has announced a deal with NBCUniversal Global TV Distribution to add previous seasons of Saturday Night Live to its daily schedule starting fall 2024. The network, which has seen a 122% ratings growth in the P25-54 demographic since 2023, will feature classic episodes from Seasons 4-37 and various 'Best of' specials alongside its existing comedy lineup.
SNL is scheduled to debut on TBD. on September 30, 2024, with a special all-day marathon of 'Best of' specials, before moving to its regular time slot on October 1. The network plans to air iconic sketches and characters, as well as assemble custom lineups for holidays and special occasions.
Sinclair Broadcasting Group (SBGI) has announced that two of its stations, WCHS in Charleston and WPDE in Myrtle Beach, have been honored with National Edward R. Murrow Awards by the Radio Television Digital News Association (RTDNA). WCHS won in the Best Hard News category for their story on serial rapist Charles Woods, while WPDE received the Excellence in Video award for 'Painting the Preserve'.
Earlier this year, 15 Sinclair-owned or operated content centers received a total of 22 Regional Edward R. Murrow Awards. Scott Livingston, Senior Vice President of News, emphasized the company's commitment to impactful local journalism and expressed pride in the award-winning work produced by WCHS and WPDE.
Sinclair is expanding its podcast division with new sports programming featuring top athletes, coaches, and experts. Launching on August 21 is 'The Triple Option', hosted by Urban Meyer, Mark Ingram II, and Rob Stone, offering analysis on college football, NFL, and leadership. On September 5, 'Throwbacks' with Matt Leinart and Jerry Ferrara will debut, combining sports opinions with family adventures.
The company has secured sponsorships from brands like Wendy's, BetMGM, NHTSA, and ZipRecruiter. Sinclair aims to leverage its linear, digital, and social assets for promotion and sales efforts. The podcasts will be available on YouTube, Apple Podcasts, Spotify, and other platforms, with short-form content across social channels. This expansion is part of Sinclair's evolution into a cross-media platform company, offering audiences unparalleled access to athletes and sports content.
Comet, a leading sci-fi and fantasy broadcast network, announced the success of Comet Fest 2024 and plans for Comet Fest 2025. The 2024 event, focusing on AI-themed franchises, saw a 40% year-over-year audience increase, attracting over 3.5 million viewers. Key highlights include:
- 102% increase in Persons 18-49 ratings
- Introduction of Hailee, an AI host and chatbot
- First-ever live event at Fine Arts Theater in Beverly Hills
- Double and triple-digit increases across P18-49 and P25-54 demographics
Comet Fest 2025 is set for next August, celebrating the Jurassic Park franchise.
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