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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.

News
Sinclair Broadcast Group Names Amy Calvert Vice President/General Manager of KOKH and KOCB in Oklahoma City
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.02%
Tags
none
-
News
Sinclair Broadcast Group Names Jennifer Hansen Vice President/General Manager of WBMA/WABM and WTTO in Birmingham
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.38%
Tags
none
-
News
Sinclair to Report Fourth Quarter 2023 Results on February 28, 2024 at 4:00 P.M. (Eastern Time)
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.38%
Tags
conferences earnings
News
Sinclair Broadcast Group Names Diana Wilkin Vice President/General Manager of WPEC/WTVX/WTCN in West Palm Beach
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.94%
Tags
none
-
News
Sinclair and National Content & Technology Cooperative (NCTC) Announce Renewal of Long-Term Distribution Agreement
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.92%
Tags
none
-
News
Sinclair and FOX Reach Agreement to Renew All FOX Affiliations Nationwide
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%
Tags
none
News
Sinclair Announces Global Settlement of All Diamond Sports Group-Related Litigation Issues, Including Agreement with Diamond on Management Services Agreement Amendment
Rhea-AI Summary
Sinclair, Inc. (SBGI) has reached a global settlement with Diamond Sports Group, LLC (DSG) to resolve litigation, including an amendment to the Management Services Agreement. The settlement involves a cash payment of $495 million from Sinclair to DSG, with an estimated net cost to Sinclair of $250-325 million after tax benefits and other payments. The settlement is subject to final documentation and court approval, and Sinclair will provide transition services to DSG. If the settlement is not approved, Sinclair will continue to defend against the claims.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.84%
Tags
none
-
News
Sinclair Announces Company Promotions
Rhea-AI Summary
Sinclair (SBGI) announces a series of promotions across the company, including corporate, Sinclair Television Group, and Tennis Channel promotions. The promotions are effective immediately and cover a wide range of positions within the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.89%
Tags
none
-
News
Sinclair And Verizon Reach Multi-Year Distribution Agreement
Rhea-AI Summary
Sinclair, Inc. (Nasdaq: SBGI) has reached a multi-year distribution agreement with Verizon (NYSE: VZ) for carriage on FiOS TV, covering local television stations in 10 markets, Tennis Channel, and YES Network. The agreement ensures uninterrupted access to Sinclair's news, sports, and entertainment content. Financial terms were not disclosed.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.89%
Tags
none
News
ROXi and Sinclair Partner to Create First Interactive NextGen TV Music Channels; ROXi to Preview Live at CES in Las Vegas
Rhea-AI Summary
ROXi, Inc. (SBGI) to Launch Interactive Music TV Channels in Partnership with Sinclair, Inc. at CES Las Vegas 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.23%
Tags
partnership
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Sinclair Inc

Nasdaq:SBGI

SBGI Rankings

#2584 Ranked by Market Cap
#4465 Ranked by Stock Gains
#328 Ranked by Dividends

SBGI Stock Data

757.50M
33.27M
11.36%
69.39%
5.32%
Entertainment
Communication Services
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United States
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