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.
Sinclair Broadcast Group (Nasdaq: SBGI) has announced the promotion of Daniel J. Hoffman to Senior Vice President of Sales Transformation, effective immediately. Hoffman, who has over 25 years of experience in the broadcast and cable industry, will lead the integration of data and technology into sales processes. He will retain his current responsibilities overseeing 15 properties across the company. This move follows the retirement of Dan Mellon, enhancing Sinclair's sales strategy and productivity to drive revenue growth.
Sinclair Broadcast Group (Nasdaq: SBGI) has appointed William Bell as the new Head of Distribution and Network Relations. He will manage the distribution of Sinclair's content, including broadcast stations and regional sports networks, reporting to David Gibber. Bell joined Sinclair in 2015 and previously held the role of Director, Senior Corporate Counsel. His leadership aims to enhance Sinclair's market strategies and partnerships in an evolving media landscape, continuing the legacy of former executive Barry Faber.
Sinclair Broadcast Group (Nasdaq: SBGI) announced that it is unlikely to reach a carriage agreement with DISH Network before the current contract expires on August 16, 2021. If negotiations fail, 112 of Sinclair's broadcast TV stations, including major affiliates like ABC, CBS, FOX, and NBC, will be dropped from DISH Network. This loss affects local news, sports programming, and access to the Tennis Channel. Sinclair urges affected subscribers to contact DISH Network regarding the importance of maintaining these channels.
Sinclair Broadcast Group (Nasdaq: SBGI) has declared a quarterly cash dividend of $0.20 per share on its Class A and Class B common stock. The dividend will be paid on September 15, 2021, to shareholders on record as of September 1, 2021. Sinclair is a leading diversified media company operating 185 television stations across 86 markets and 21 regional sports network brands, recognized as a significant provider of local sports and news content across multiple platforms.
Sinclair Broadcast Group (SBGI) reported a 26% increase in consolidated total revenue to $1,612 million for Q2 2021 compared to the previous year.
However, the company experienced a net loss of $332 million, reversing from a net income of $252 million in Q2 2020. Adjusted EBITDA rose 70% to $433 million.
CEO Chris Ripley highlighted significant growth in advertising revenues and the ongoing recovery in the core advertising market.
The company plans to enhance its multi-channel content and community engagement strategies moving forward.
Sinclair Broadcast Group (Nasdaq: SBGI) will announce its Q2 2021 earnings on August 4, 2021, at 7:30 a.m. ET. A follow-up conference call will be held at 9:30 a.m. ET to discuss the results.
The call will be accessible via a live webcast on www.sbgi.net. Participants are advised to join at least two minutes early by calling 877-407-8033. A replay of the call will also be available on the company's website.
Sinclair Broadcast Group (Nasdaq: SBGI) announced the launch of The National Desk's late news, starting September 27, featuring award-winning journalists Meagan O’Halloran and Eugene Ramirez. O’Halloran returns to anchor the evening edition, while Ramirez will serve as Live Desk Anchor. The program aims to provide a commentary-free overview of impactful news and will reach viewers across 64 stations in 60 markets and on Sinclair’s free OTT platform STIRR. A new website and app will also be launched soon for immediate news access.
Sinclair Broadcast Group (NASDAQ: SBGI) has appointed John McClure as Vice President and Chief Information Security Officer. In this pivotal role, McClure will spearhead the company's information security strategy across all business functions. With over 25 years of experience, including prior leadership at Laureate Education, he aims to enhance Sinclair's cybersecurity posture amidst increasing risks. Sinclair's executive team expects McClure to collaborate closely with leadership to secure its services and networks effectively, supporting the company's ongoing growth and innovation in the media sector.
Sinclair Broadcast Group's STIRR has enhanced its content on STIRR City channels by introducing locally-produced news specials. Beginning July 1 and 8, Baltimore audiences will see the documentary Baltimore is Dying and the town hall special Your Voice, Your Future Town Hall: City in Crisis. STIRR City Baltimore features over 10 hours of daily news and aims to provide regionally relevant content. The service, boasting over 7 million downloads, offers 100+ free channels including significant local programming.
FAQ
What is the current stock price of Sinclair (SBGI)?
What is the market cap of Sinclair (SBGI)?
