Latest in Sinclair Broadcast Group

As Democratic presidential nominee Joe Biden pledged $280 million in TV advertising through the fall, local station owners Nexstar and Sinclair Broadcast Group told Wall Street they expect a record political ad haul. In separate conference calls with Wall Street analysts to discuss second-quarter results, the top two…

Sinclair Broadcast Group has dropped plans to air a segment that included a doctor who has advanced the conspiracy theory that Dr. Anthony Fauci was responsible for the creation of the coronavirus. The segment was to be featured on Eric Bolling’s America This Week. It featured an interview with Judy Mikovits, a…

Just in time for Friday’s Chicago Cubs season opener, Comcast and Sinclair Broadcast Group have renewed their carriage agreement, which includes the Cubs’ new TV home, Marquee Sports Network. The multi-year deal covers retransmission consent of 78 Sinclair TV stations in 51 markets across Comcast's cable footprint. It…

ViacomCBS and Sinclair Broadcast Group have reached multi-year renewals for eight CBS affiliates, covering some 3 million U.S. households. The group of affiliates includes Salt Lake City and Austin, both top-50 markets. ViacomCBS also renewed the affiliation of WTVH in Syracuse, NY, which Sinclair programs. Sinclair…

UPDATED, with comment from Sinclair’s Scott Livingston: Sinclair Broadcast Group plans to launch a headline news service in early 2021, with plans to hire 25 new employees. At the start, the service will air weekday mornings from 6 AM to 9 AM on more than 50 of Sinclair’s owned or operated CW and MyNetwork TV…

After years of anticipation, “next-generation” broadcast technology made its full-time debut Tuesday on Las Vegas stations owned by Nexstar Media Group, Sinclair Broadcast Group and E.W. Scripps. Sinclair's NBC affiliate, KSNV, and CW affiliate, KVCW; Nexstar's CBS affiliate, KLAS; and Scripps' ABC station KTNV are…

The two Democrats on the FCC are blasting the agency’s decision to settle investigations into Sinclair Broadcast Group with a record $48 million fine. Earlier this month, Sinclair agreed to pay a $48 million civil penalty — the largest imposed on a broadcaster in the FCC's history — to close three open government…

Moody’s Investors Service has downgraded the credit outlook of Diamond Sports Group, the consortium led by Sinclair Broadcast Group that owns the 23 regional sports networks formerly run by Fox. The view of the ratings agency turned negative due to increased debt levels likely over the next 12 months. All sports…

Top-tier sports, including the NBA, NHL and Major League Baseball, are likely to return to action in July or August, according to Chris Ripley, CEO of Sinclair Broadcast Group. “I think it’s a return this summer,” Ripley said during an online appearance in MoffettNathanson’s annual Media & Communications Summit. Based…

Sinclair Broadcast Group will pay $48 million in a civil penalty — the largest imposed on a broadcaster in the FCC’s history — to close three open government investigations, including of its conduct as it sought to acquire Tribune Media in 2018. The fines, however, do not revoke FCC licenses, a sanction that some…

Sinclair Broadcast Group, the No. 2 U.S. owner of local TV stations and a force in regional sports networks, reported mixed first-quarter results and warned investors of some COVID-19 bumps to come. Total revenue in the quarter rose 123% to $1.61 billion, just shy of Wall Street analysts’ consensus estimate for $1.65…

Stocks of the biggest U.S. local TV station owners, among them Nexstar, Sinclair, Tegna and Gray, continue to slump badly as investors recoil from their exposure to a worsening ad market. Even so, one significant player in the station game, Fox Corp., is being touted in some corners as the best-situated U.S. media…