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. 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 (NASDAQ: SBGI) reported Q2 2025 financial results showing mixed performance. Total revenues decreased 5% to $784 million, while media revenues fell 5% to $777 million. The company reported a net loss of $64 million versus net income of $17 million in the prior year period.
Core advertising revenues grew by $13 million year-over-year to $316 million, while Adjusted EBITDA decreased 35% to $103 million. Notable developments include the appointment of Narinder Sahai as CFO, acquisition of Digital Remedy's remaining 75% stake, and record growth in multicast network platforms. The company also repurchased $81 million of Sinclair Television Group notes for $77 million cash.
Distribution revenues remained relatively stable at $434 million, and the company expanded its sports content with new podcast launches and extended media rights deals with WTA through 2032.
Sinclair Broadcasting Group (NASDAQ:SBGI) has announced a major investigative journalism initiative called "Spotlight on Maryland," partnering three major news outlets: The Baltimore Sun, WBFF FOX45, and WJLA. The investigation aims to track and analyze how Maryland's taxpayer money is allocated to nonprofit organizations across the state.
The initiative was sparked after state officials managing a $60 billion state budget were unable to specify how much taxpayer money was being distributed to nonprofits. The investigation will focus on transparency and accountability in nonprofit funding, following the money trail and examining allocation processes.
Sinclair (NASDAQ:SBGI)'s Tennis Channel has extended its media rights partnership with the International Tennis Federation (ITF) for the Billie Jean King Cup through 2027 and the Davis Cup through 2028. The network will remain the exclusive U.S. broadcaster for both tournaments across its linear channel, app, and website.
The agreement marks a significant expansion of Tennis Channel's international reach, securing broadcasting rights in Germany, Austria, Switzerland, and the United Kingdom. Additionally, the network obtained Billie Jean King Cup rights in Spain, a growing market for women's tennis.
The upcoming Billie Jean King Cup Finals will be held in Shenzhen, China (September 16-21), while the Davis Cup Final 8 will take place in Bologna, Italy (November 18-23).
ROXi and Sinclair (NASDAQ:SBGI) have announced a strategic partnership to launch the world's first fully interactive TV music channel across 31 US markets. Powered by FastStream Interactive's technology, ROXi leverages NextGen TV (ATSC 3.0) to provide free access to 100 million licensed songs from major labels including Universal Music Group, Sony Music Entertainment, Warner Music Group, and MERLIN.
The revolutionary service allows viewers to skip through music videos TikTok-style and search for artists, songs, moods, or genres using their TV remote, without requiring accounts, passwords, or subscriptions. Pearl TV will support the rollout in non-Sinclair markets, with additional US markets planned for launch later in 2025.
Sinclair (NASDAQ: SBGI) has announced the acquisition of non-licensed assets of two television stations: WDKA-TV in Paducah, Kentucky, and KBSI-TV in Cape Girardeau, Missouri. The deal includes an option to acquire all licensed assets of both stations.
Under the agreement, Sinclair will provide comprehensive services to both stations, including programming, technical support, and management. This acquisition adds to Sinclair's existing portfolio of 180 television stations across 82 markets, further strengthening its position as a leading provider of local news and sports content.
Sinclair's AMP Media (NASDAQ:SBGI) has announced the launch of Post Moves, a new video podcast featuring WNBA stars Candace Parker and Aliyah Boston. The show, premiering July 30, 2025, will release new episodes every Wednesday across major podcast platforms.
The podcast pairs three-time WNBA champion and two-time MVP Parker with rising star Boston, the 2023 WNBA Rookie of the Year, in a mentor-mentee format. The show has secured partnerships with adidas, Uncrustables, and Zillow as integrated sponsors. Post Moves joins AMP Media's growing podcast network, which includes The Triple Option, Throwbacks, Unfiltered Soccer, and BFFR.
Sinclair (NASDAQ:SBGI) has announced the expansion of its AMP Media podcast division with the launch of four new college football podcasts, with a fifth one coming later this summer. The new shows include: THE SCRIPT (Ohio State), THE DYNASTY (Alabama), THE STAMPEDE (Texas), and THE ECHOES (Notre Dame).
Each podcast features notable alumni and sports personalities as hosts, including former players like Cardale Jones, AJ McCarron, Vince Young, and Mike Golic Jr. The shows are produced in partnership with Sinclair's local television stations and have secured sponsorships from companies like Primesportsbook and Riize Energy.
The podcasts will be available in both audio and video formats across major platforms including Apple Podcasts, Spotify, and YouTube, with new episodes releasing weekly and additional content shared across social media platforms.
Sinclair (NASDAQ:SBGI) has announced a partnership with the American Cancer Society (ACS) to launch the "Sinclair Cares: Help Drive Out Cancer" campaign. The nationwide initiative, running from July 14-27, 2025, aims to raise awareness about transportation barriers cancer patients face in accessing treatment.
The campaign will feature news coverage across Sinclair stations, a 30-minute special airing on July 26/27, and streaming availability on July 23. The program highlights ACS's Road To Recovery® program, which provides free rides to cancer patients, through interviews with volunteer drivers and patients. The initiative includes public service announcements and social media outreach focusing on volunteering opportunities, donations, and access to support services.
Sinclair (NASDAQ:SBGI) has received a prestigious National Press Club Award for its investigative series "Toxic Inaction." The series, produced by Sinclair's Spotlight on America team, exposed dangerous levels of toxic heavy metals in baby food and regulatory failures.
The investigation's impact led to concrete legislative changes, with Virginia and Maryland enacting laws requiring baby food manufacturers to test products for heavy metals and display results via QR codes. Multiple other states are developing similar legislation. The award-winning team includes eight members who contributed to this year-long investigation that aired across Sinclair stations nationwide.
Sinclair (NASDAQ:SBGI) has launched the "Sinclair Cares: Texas Tragedy Relief" campaign in partnership with The Salvation Army to support victims of severe flooding in Texas. The initiative ensures 100% of donations will provide essential emergency assistance including mobile feeding units, meals, shelter, and care kits.
Sinclair's local stations KABB and WOAI in San Antonio and KEYE in Austin have provided extensive coverage of the disaster, with San Antonio stations delivering 52 hours of live coverage. The company has deployed 10 additional journalists from other markets to support comprehensive coverage across all platforms.