STOCK TITAN
  1. Home
  2. News
  3. SBGI

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 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
-
News
Sinclair, Inc. Names Ryan Moore SVP and Chief Revenue Officer
Rhea-AI Summary
Sinclair, Inc. (SNC) has named Ryan Moore as the new SVP and Chief Revenue Officer. Moore will oversee sales and revenue growth strategies, including digital sales, for all of Sinclair’s television stations, networks, and Compulse, Sinclair’s marketing technology company. Moore's previous role was SVP and Chief Revenue Officer of Sports and Digital. Rob Weisbord, COO and President of Local Media, praised Moore's exceptional leadership and innovative thinking, highlighting his critical role in driving business growth. Moore joined Sinclair in 2013 and has held various executive sales leadership positions in the media industry. He is committed to leading teams in driving transformative results and maximizing revenue streams. Moore holds a BA in Communications from Seattle University.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.23%
Tags
none
News
Patrick McFadden to Join Sinclair
Rhea-AI Summary
Sinclair, Inc. (SBGI) announced the appointment of Patrick McFadden as its Senior Vice President for Global Public Policy and Communications. McFadden brings extensive experience from the National Association of Broadcasters and Drinker Biddle & Reath LLP. Sinclair aims to leverage McFadden's expertise to drive its legislative and regulatory strategy, strategic communications, and messaging.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.16%
Tags
none
-
News
Sinclair Expands Multicast Network Footprint in Top-Ten U.S. DMAs
Rhea-AI Summary
Sinclair Broadcast Group (SBG), a subsidiary of Sinclair Inc., has announced network distribution agreements with CBS Television Stations to add Sinclair’s free over-the-air (OTA) national broadcast TV networks Comet, CHARGE!, TBD., and The Nest to additional CBS affiliates in major markets. The expanded agreement positions Sinclair’s networks in key channel slots in several of the country’s top-10 markets, adjacent to all five broadcast networks. The announcement comes as Comet, CHARGE!, TBD., and The Nest have experienced significant growth, with a +24% increase in viewership from the prior year. This expansion demonstrates SBG's commitment to delivering compelling content to a broader audience across the US.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.89%
Tags
none
-
News
KVIA-TV, KDBC-TV, KTSM-TV, KFOX-TV, and KTDO Launch NextGen TV in El Paso, Texas
Rhea-AI Summary
Local Broadcasters Bring High-Tech Television to Local Viewers EL PASO, Texas. The leading television stations in El Paso, including KVIA-TV (ABC), KDBC-TV (CBS), KTSM-TV (NBC), KFOX-TV (FOX), and KTDO (Telemundo), have launched NextGen TV, a revolutionary new digital broadcast technology. NextGen TV features stunning video with brilliant color, sharper images, and deeper contrast, providing a more life-like experience. It also includes advanced emergency alerts and new Voice+ dialogue enhancement. NextGen TV, powered by ATSC 3.0, is the most significant broadcast technology upgrade in history. The launch in El Paso follows a decade of development and months of planning and preparation by the local stations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.25%
Tags
none
News
Sinclair Broadcast Group Names General Managers in Pennsylvania
Rhea-AI Summary
Sinclair Broadcast Group announces the appointment of Jason Wildenstein as Vice President and General Manager of WHP in Harrisburg, and Jason Chavis as Vice President and General Manager of WJAC in Johnstown-Altoona-State College. Wildenstein previously served as VP and GM at WJAC, while Chavis was the General Sales Manager at WJAC. Both individuals are praised for their strong leadership and strategic thinking.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.96%
Tags
none
-
News
Sinclair Declares $0.25 Per Share Quarterly Cash Dividend
Rhea-AI Summary
Sinclair, Inc. (Nasdaq: SBGI) has declared a quarterly cash dividend of $0.25 per share on its Class A and Class B common stock. The dividend will be payable on December 15, 2023, to shareholders of record as of December 1, 2023. Sinclair is a diversified media company that owns and operates 185 television stations in 86 markets. It also owns Tennis Channel and several multicast networks, and provides services to 21 regional sports network brands. Sinclair's content is delivered through various platforms, including over-the-air, multi-channel video program distributors, and NewsON, the largest streaming aggregator of local news content.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
34.31%
Tags
dividends
-
News
Sinclair Reports Third Quarter 2023 Financial Results
Rhea-AI Summary
Sinclair, Inc. (Nasdaq: SBGI) reported strong financial results for Q3 2023, exceeding guidance on all key metrics. Revenues reached $767 million, a 9% decrease YoY. Adjusted EBITDA decreased by 29% to $141 million. The company repurchased $64 million of debt at an average discount of 24% to par. Sinclair remains well-positioned for the future with upcoming renewals of Big 4 network subscribers and record levels of political advertising.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
34.31%
Tags
earnings
News
Sinclair Broadcast Group, CAST.ERA and Korea Radio Promotion Association (RAPA) Announce ATSC 3.0 Services and Global DDaaS Agreement
Rhea-AI Summary
Sinclair Broadcast Group announces a strategic MOU with Korea Radio Promotion Association and CAST.ERA to enhance ATSC 3.0 services and expand the DDaaS platform globally. The DDaaS platform provides a broadcast backbone for wireless IP data delivery, increasing the value of spectrum for broadcasters. Sinclair anticipates playing a leading role in accelerating the adoption of the DDaaS business model.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.3%
Tags
none
Stock SBGI logo
Sinclair Inc

Nasdaq:SBGI

SBGI Rankings

#2621 Ranked by Market Cap
#4465 Ranked by Stock Gains
#312 Ranked by Dividends

SBGI Stock Data

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