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Sinclair, Inc. - $SBGI STOCK NEWS

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.

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.

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
-
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
-
Rhea-AI Summary
Paramount and Sinclair have announced multi-year distribution agreements across all 21 CBS network affiliations for Sinclair stations. The agreements cover 23 markets and reach over 10 million television households.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.83%
Tags
none
Rhea-AI Summary
Sinclair announces partnership with Magen David Adom to provide humanitarian relief in Israel
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.33%
Tags
partnership
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Rhea-AI Summary
Sinclair and ONE Media to participate in the 2023 NAB Show
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
Tags
conferences
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Rhea-AI Summary
Sinclair, Inc. (Nasdaq: SBGI) will report its Q3 2023 earnings results on November 1, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.5%
Tags
conferences earnings
Rhea-AI Summary
Sinclair Broadcast Group launches new over-the-air national TV network, The Nest
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.5%
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none
-
Rhea-AI Summary
Sinclair Broadcast Group announces the return of Sinclair's News Reporter and Producer Academies, along with the addition of Weather Academy, virtual workshops for college students interested in journalism careers. The sessions will run throughout November. Reporter Academy on November 1, Producer Academy on November 8, and Weather Academy on November 15. The workshops provide students with an opportunity to learn from Sinclair's news operation and industry-leading teams. Registration is required with a .edu email address.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.26%
Tags
none
-
Rhea-AI Summary
Sinclair Inc. (Nasdaq: SBGI) CEO and CFO to present at Deutsche Bank conference on October 3, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.32%
Tags
conferences
Rhea-AI Summary
Sinclair Broadcast Group's education franchise, 'Crisis in the Classroom,' will host a panel discussion on school choice policies in Texas. The discussion will focus on a proposed voucher system that would allow parents to use public school funds for private schools. The panel will be streamed on YouTube and Sinclair's Texas stations on September 28.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.93%
Tags
conferences
Sinclair, Inc.

Nasdaq:SBGI

SBGI Rankings

SBGI Stock Data

879.86M
33.27M
11.36%
69.39%
5.32%
Entertainment
Communication Services
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United States of America
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