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S&P Revises Sinclair Broadcast Group Credit Outlook To Negative (From Positive) On Coronavirus Pressure
S&P Global Thursday revised the credit outlook for Sinclair Broadcast Group to negative from positive given combined pressure from the coronavirus and the debt-funded acquisition last year of the Fox Sports Networks.
Sinclair acquired the networks for $9.6 billion, funded with $8.9 billion in debt.
“We believe there…
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YouTube TV Drops YES Network, Prime Ticket, Fox Sports West But Will Carry 19 Other Sinclair RSNs
UPDATED with Sinclair announcement:
YouTube TV, the OTT platform owned by Google, has inked a deal with Sinclair Broadcast Group and will drop YES Network, Prime Ticket and Fox Sports West from its lineup but renew carriage of 19 other regional sports networks owned by the broadcaster.
Sinclair said Wednesday that the…
AOC Blasts ABC And Sinclair For Allowing Debate Ad Showing Her Picture In Flames
New York Rep. Alexandria Ocasio-Cortez criticized ABC and Sinclair for a GOP group’s ad that ran during Thursday night’s Democratic debate in which her picture was shown set on fire.
“GOP's message: No policy, no facts, just displays of violence + corporations like @ABCNetwork & Sinclair who amplify them. They profit…
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By Ted Johnson
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Tegna CEO Dave Lougee: Local TV Is “The Belle Of The Ball” In An OTT World
While it may not be the sexiest corner of the entertainment world, local TV has a good shot to remain a key part of the media mix, especially as stations consolidate, produce their own shows instead of shelling out for pricey syndicated fare and keep gaining traction on skinny bundles.
Such was the argument, anyway…
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By Dade Hayes
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John Legend Seeks New Home For ‘Underground’, Blasts “Far-Right” Sinclair
More than three months after WGN America officially canceled Underground, executive producer John Legend is still fighting to find a new home for a third season of the series about the underground railroad and the race from the slavery of the South attempted by thousands.
"The cast, producers and our studio Sony…
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Will ‘Underground’ Become Casualty Of Sinclair’s Tribune Takeover? Hopes For Acclaimed Drama Fade As Decision Looms
Time is running out for WGN America’s only remaining original scripted series, Underground. While the praised drama has not been canceled, its future on the upstart cable network looks bleak. Official decision is expected next week.
I hear at the time of WGNA’s cancellation of fellow sophomore drama Outsiders in…
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