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 television stations KCCI, WHO-DT, KDSM-TV, and KDIN-TV in the Des Moines-Ames market have begun broadcasting using NextGen TV, a cutting-edge digital broadcast technology. This upgrade, powered by ATSC 3.0, promises enhanced features like improved emergency alerts, vibrant video quality, and theater-like sound. The transition to NextGen TV is part of a broader rollout across more than 50 cities in the U.S. BitPath has coordinated the efforts and will provide navigation services to first responders in Iowa at no charge. Current broadcasts remain accessible in both NextGen and traditional DTV formats.
Sinclair Broadcast Group (SBGI) has announced a multi-year agreement with USC Shoah Foundation to assist with capturing testimonies from genocide survivors for the Last Chance Testimony Collection Initiative. This initiative aims to record oral histories from the last living witnesses to the Holocaust and other genocides. Sinclair will provide production facilities and equipment at its television stations across the U.S., starting with WPEC CBS 12 in West Palm Beach. The initiative, launched in 2019, seeks to record testimonies from aging survivors to preserve their experiences and educate future generations.
WHAM-TV, WROC-TV, WUHF, and WXXI-TV launched NextGen TV broadcasting in Rochester, featuring ATSC 3.0 technology. This upgrade promises enhanced viewing with improved video quality, advanced emergency alerts, and options for live content integration. The stations assure that existing digital broadcast services remain unaffected, with no action needed for cable or satellite subscribers. BitPath coordinated the initiative, and NextGen TV is set to enhance local broadcasting by adding new services and improving viewer experience throughout the Rochester area.
Sinclair Broadcast Group (Nasdaq: SBGI) has endorsed the Avanci Broadcast Licensing Platform aimed at ATSC 3.0 technologies, which simplifies the licensing of mobile broadcast technology across millions of devices. This initiative is expected to streamline the process for consumer equipment manufacturers, facilitating the deployment of next-generation broadcast services. ATSC 3.0 offers enhancements like improved audio/video quality, robust mobile reception, better spectrum efficiency, and personalized services. The platform sets uniform royalty rates for patents, aiding manufacturers in adopting advanced broadcasting technology.
Sinclair Broadcast Group (Nasdaq: SBGI) has appointed Logan Argo as the new VP/General Manager of KVII in Amarillo, TX and KVIH in Clovis, NM. Previously the Director of Sales since 2018, Argo aims to drive growth through effective sales marketing and community engagement. COO Rob Weisbord emphasized Argo's proven success in generating revenue. Argo expressed enthusiasm about leading the team and continuing to enhance the station's local news offerings. Sinclair operates 185 television stations and various media networks, ensuring a strong presence in the local broadcasting sector.
Sinclair Broadcast Group's multicast networks, including Comet, CHARGE!, and TBD, are seeing significant ratings growth in 2023. Averaging over 2.6 million viewers daily with just 7% audience duplication, the networks reported a 30% increase in prime time viewership year-over-year, while average cable networks declined by 23%. Notable increases include 54% for CHARGE!, 5% for Comet, and 50% for TBD. The launch of new series like Without a Trace and Stargate SG-1 contributed to these gains. Sinclair aims to expand its local broadcast affiliates and continues to thrive in the OTA sector.
Sinclair Broadcast Group (Nasdaq: SBGI) has declared a quarterly cash dividend of $0.25 per share for its Class A and Class B common stock. This dividend will be payable on March 17, 2023, to shareholders on record as of the close of business on March 3, 2023. Sinclair is a leading diversified media company, operating 185 television stations across 86 markets and owning multiple sports networks. The company's content is available through various platforms, including a significant streaming aggregator of local news, NewsON.
Sinclair Broadcast Group (Nasdaq: SBGI) reported financial results for Q4 and FY 2022, highlighting significant changes due to the deconsolidation of its local sports segment as of March 1, 2022. Q4 total revenues fell 35% to $960 million, while media revenues decreased 35% to $952 million. However, excluding the local sports segment, revenues increased 18% and media revenues rose 19% year-over-year. Significant achievements included record advertising revenue growth of 58% in Q4 and a net income of $55 million compared to a loss of $89 million a year ago. For FY 2023, Sinclair expects total revenues between $768 million and $787 million for Q1.
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