Sinclair, Inc. reports news across its diversified media business, including local television stations affiliated with major broadcast networks, Tennis Channel, multicast networks CHARGE, Comet, ROAR and The Nest, and AMP Media digital content and podcasts. Company updates commonly address advertising revenue, distribution revenue, political advertising cycles, live sports programming, station operations and portfolio actions involving media or broadcast-technology assets.
Recurring Sinclair announcements also include quarterly financial results, cash dividends on its Class A and Class B common stock, debt and liquidity actions, investor conference participation, and community initiatives under the Sinclair Cares brand.
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.
Sinclair Broadcast Group (Nasdaq: SBGI) announced the launch of local news operations at its FOX 29 WUTV in Buffalo, NY, starting July 1, 2021. The station will air nightly newscasts at 10 p.m., providing comprehensive local news coverage alongside reports from Sinclair's network of stations. The launch includes a digital platform, 'Buffalo Plus,' focused on Buffalo Bills and Sabres coverage. The team will be led by experienced journalists, including News Director Kelly Holland, emphasizing Sinclair's commitment to local journalism and timely reporting.
Sinclair Broadcast Group (Nasdaq: SBGI) held its Annual Shareholders' Meeting, where shareholders elected ten Directors, including Executive Chairman David D. Smith. The meeting also ratified PricewaterhouseCoopers as the independent accounting firm for fiscal year 2021 and approved amendments to the Employee Stock Purchase Plan and the Long-Term Incentive Plan to increase share issuance. A detailed vote tabulation will be submitted in a Current Report on Form 8-K.
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Sinclair Broadcast Group (Nasdaq: SBGI) has launched the "Sinclair Cares: Roll Up Your Sleeves" campaign in collaboration with the American Red Cross. This initiative, which began on World Blood Donor Day and runs until July 23, aims to bolster U.S. blood supplies through donations, volunteer work, and financial contributions. The campaign highlights the ongoing blood shortage exacerbated by the COVID-19 pandemic and emphasizes the critical need for donations. In 2020, the campaign successfully collected around 2,000 units of blood, and this year aims to increase participation via Sinclair's extensive media platforms.
Sinclair Broadcast Group (Nasdaq: SBGI) has announced its annual stockholders meeting, set for June 28th, to be webcast at www.sbgi.net starting at 10 a.m. ET. Certain Board members and senior management will attend virtually, encouraging stockholders to do the same. Participants cannot vote or revoke proxies during the webcast but are urged to cast votes using methods outlined in proxy materials. Sinclair operates 185 TV stations and 21 regional sports networks, providing extensive local news and sports content across multiple platforms.
Sinclair Broadcast Group (Nasdaq: SBGI) has achieved a significant milestone by being included in the prestigious Fortune 500 list for the first time, ranking 465. This recognition underscores the company's remarkable growth from a local broadcaster to a diversified media and technology leader. With a robust portfolio including 185 local television stations and 19 Bally Sports networks, Sinclair continues to innovate in local sports broadcasting. CEO Chris Ripley emphasized the importance of their dedicated employees in reaching this achievement.
Sinclair Broadcast Group (Nasdaq: SBGI) announced the upcoming retirement of Barry Faber, President of Distribution and Network Relations, effective June 25, 2021. Faber, who has been with the Company for 25 years, played a crucial role in its growth and transformation within the broadcasting industry, overseeing significant acquisitions and advocating for compensation from pay-TV providers. Post-retirement, he will serve as a consultant for Sinclair. The Company will announce a successor later this year.
Sinclair Broadcast Group (Nasdaq: SBGI) announced that its stations WBFF in Baltimore and WKRC in Cincinnati received four National Headliner Awards for investigative journalism impacting local communities. WBFF's Project Baltimore earned three honors, including two first-place awards for its series 'Shredding' and the documentary 'Registered & Enrolled', alongside a second-place award for public service. WKRC secured second place in health reporting for 'Spotlight on America: Chamber of Hope'. Additionally, Sinclair received 37 Regional Edward R. Murrow Awards for journalistic excellence, reinforcing its commitment to impactful news coverage.