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 Broadcast Group (Nasdaq: SBGI) has announced the promotion of Jennifer Rieffer to Vice President/General Manager for WSMH (FOX) in Flint, Michigan, effective August 3, 2020. Rieffer previously served as Vice President/General Manager of WDKY (FOX) in Lexington, KY, where she had a successful 25-year career at Sinclair. The announcement highlights her experience and the potential for growth in Flint under her leadership. Sinclair Broadcast Group continues to be a major player in local sports and news, operating 191 television stations across 89 markets.
On July 21, 2020, Sinclair Broadcast Group (Nasdaq: SBGI) announced Scott Shapiro's appointment as Chief Strategy Officer/Sports alongside his role as Chief Development Officer. This newly created position focuses on managing strategic initiatives, exploring organic opportunities, and enhancing value across Sinclair's sports platform. Shapiro will collaborate with leadership across various channels and manage rights acquisitions. He has been with Sinclair since 2011 and has played a key role in developing the company into a diversified media entity.
Sinclair Broadcast Group (NASDAQ: SBGI) appointed Steve Rosenberg as president of local sports, effective September 1, 2020. With over 30 years of experience, Rosenberg will oversee regional sports networks, the Stadium digital channel, and high school sports. He previously held executive roles at Universal Studios, advancing its television distribution. Sinclair's CEO highlighted Rosenberg's entrepreneurial mindset and pivotal role in shaping TV distribution. Rosenberg is set to enhance Sinclair's sports presence, reporting to Rob Weisbord, president of broadcast and chief advertising revenue officer.
Sinclair Broadcast Group (Nasdaq: SBGI) will announce its Q2 2020 earnings on August 5, 2020, at 7:30 a.m. ET. Following the earnings report, a conference call will take place at 9:00 a.m. ET to discuss the results. Interested parties can access the call via live webcast at www.sbgi.net, using the dial-in number 877-407-8033. A replay will be available on the website post-call. Media members are invited for a listen-only experience, with time for questions from executives afterward.
On June 30, 2020, four leading television stations in Salt Lake City—KUTV, KTVX, KUCW, and KJZZ-TV—launched NEXTGEN TV, a transformative digital broadcast technology powered by ATSC 3.0. This upgrade allows for enhanced features like 4K video, immersive audio, and advanced emergency alerts. The collaborative effort among the stations aims to maintain programming access for all viewers, regardless of their service method. Sinclair Broadcast Group and Nexstar aim to accelerate the rollout of NEXTGEN TV, enhancing viewer experience and advertising capabilities.
Sinclair Broadcast Group (NASDAQ: SBGI) announced the launch of a new headline news service set to begin in early 2021. The program aims to deliver dynamic journalism, focusing on real-time news from local broadcast stations and original content. It will air weekday mornings from 6:00 to 9:00 a.m. on Sinclair's CW and MY network affiliates and STIRR. Additionally, the initiative comes with plans to hire 25 new positions, including anchors, producers, and reporters, reinforcing Sinclair's commitment to local news amidst the COVID-19 pandemic.
On June 16, 2020, three Pittsburgh television stations—WPGH (FOX), WTAE (ABC), and WPNT (MyNet)—launched NEXTGEN TV, a cutting-edge digital broadcast technology. This launch is among the first in the nation and enhances viewers' experiences with features like immersive 4K audio and video, mobile broadcasting, and advanced emergency alerts. NEXTGEN TV integrates seamlessly with 5G and other internet content. The stations will continue to provide existing programming to all viewers. This initiative was coordinated by BitPath and marks a significant milestone in broadcasting for Pittsburgh.