Sinclair Stock Price, News & Analysis

Sinclair Broadcast Group (Nasdaq: SBGI) has announced the launch of an open-sourced version of its Broadcast App designed for the broadcast industry, facilitating hybrid TV that merges over-the-air and Internet programming. This innovative app allows viewers to access content flexibly and interactively, regardless of delivery method. Sinclair aims to accelerate the adoption of NextGen Broadcast services by providing the app for free under an MIT Open-Source license. This initiative emphasizes the need for broadcasters to enhance viewer engagement and service customization.

Five local television stations in Omaha launched NextGen TV, a new digital broadcast technology, enhancing viewer experience with superior video quality and voice enhancement. The participating stations include KETV, KMTV-TV, WOWT, KPTM, and KXVO. NextGen TV, powered by ATSC 3.0, offers advanced features such as improved emergency alerts and the integration of internet content. This significant upgrade follows years of development and planning, with service already available in over 45 cities nationwide. Rescanning TVs ensures continued service for antenna viewers.

Sinclair Broadcast Group (NASDAQ: SBGI) and its subsidiary ONE Media 3.0 are showcasing advancements in the NextGen Broadcast standard (ATSC 3.0) at the NAB Show. Their 'mobile-first' vision aims to enhance video and data services alongside significant picture quality improvements. Sinclair's KVCW station will use high dynamic range (HDR) for better viewing experiences. Additionally, they are introducing a Hybrid TV Broadcast App to merge broadcast and broadband content. Such innovations promise to simplify access to quality programming for viewers across multiple platforms.

Sinclair Broadcast Group (NASDAQ: SBGI) will participate at the NAB Show in Las Vegas on April 23, showcasing advancements in ATSC 3.0 NextGen broadcasting. Executives, including President Chris Ripley and others, will lead panel discussions and host demonstrations, addressing the future of broadcasting and datacasting. Notable sessions include a press conference at 3 PM and discussions on Interactive NextGen Broadcast TV and HDR Transition. Sinclair’s innovations stand to transform the media landscape.

Sinclair Broadcast Group (SBGI) and Charter Communications (CHTR) have finalized a distribution agreement to continue broadcasting Sinclair's local stations, Tennis Channel, Bally Sports RSN brands, Marquee Sports Network, and YES Network. The terms of the deal remain undisclosed. This agreement reinforces Sinclair's position in local sports and news broadcasting, highlighting its ownership of 185 TV stations and 21 regional sports networks across the U.S. Sinclair's content is accessible through various platforms, including streaming services.

Sinclair Broadcast Group (NASDAQ: SBGI) and USSI Global have partnered to launch the first commercial datacasting service using NextGen Broadcast standard (ATSC 3.0). This pilot program will target the growing Electric Vehicle Charging station market, delivering local content, advertising, and data files. The initiative aims to enhance audience engagement and validate financial assumptions while demonstrating significant scalability potential. Sinclair's President, Chris Ripley, emphasized the strategic importance of this partnership in expanding service offerings.

All seven local television stations in Richmond-Petersburg, including WRIC-TV, WTVR-TV, and WWBT, have launched NextGen TV, a new digital broadcast technology. This upgrade, based on ATSC 3.0, offers enhanced video quality, improved emergency alerts, and a better auditory experience through Voice+ dialogue enhancement. Broadcasters can incorporate Internet content for live events. The rollout follows years of planning and is already operational in over 40 cities nationwide. For viewers, rescanning their TVs is required for uninterrupted service. More details are available at www.WatchNextGenTV.com.

Sinclair Broadcast Group (SBGI) announced preliminary Media Revenue results for Q1 2022, excluding its Local Sports segment. Broadcast segment revenues are projected between $709 million and $725 million, consistent with previous guidance. The Other/Corporate/Eliminations segment expects to meet guidance of $66 million. The finalized earnings report will be released on May 4, 2022, at 7:30 a.m. ET, followed by a conference call at 9:00 a.m. ET.

Sinclair Broadcast Group (NASDAQ: SBGI) has appointed Greg Conner, a veteran with over 20 years at the company, as the General Manager of WGXA in Macon, GA. Conner, who previously managed stations in Columbia, SC, and Albany, GA, will oversee WGXA in addition to his current roles. Rob Weisbord, COO of Sinclair, praised Conner's leadership skills and community relations. Conner expressed excitement about expanding his responsibilities and contributing to WGXA's success.