Sinclair Announces Local News & Marketing Services Division Promotions

News Release

Media Contact:
Michael Padovano
[email protected]


SINCLAIR ANNOUNCES LOCAL NEWS & MARKETING SERVICES DIVISION PROMOTIONS

Baltimore, MD (December 19, 2019) – Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), a diversified media company and a leader in local news and sports, announced the following promotions in its Local News & Marketing Services division effective January 1, 2020. The announcement was made by Rob Weisbord, President of the Local News & Marketing Services division.

Read more…STG promotions Dec 2019

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Sinclair Broadcast Group Raises Minimum Hourly Wage to $15

Contact
Michael Padovano
646-843-1800
[email protected]


Sinclair Broadcast Group Raises Minimum Hourly Wage to $15

Baltimore, MD – December 18, 2019 – Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) announced that its minimum hourly wage will increase to $15 for all applicable employees, effective December 29, 2019. The increase will impact the wages of employees whose minimum wage was previously tied to state and federal mandates.

Read more…$15 per Hour Minimum Wage FINAL

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Sinclair Hires Susan Connor As Vice President/General Manager Of KTVL In Medford, OR

News Release

Contact: Rob Weisbord, President of Local News & Marketing Services
                    (410) 568-1500

SINCLAIR HIRES SUSAN CONNOR AS VICE PRESIDENT/GENERAL MANAGER OF KTVL IN MEDFORD, OR

Medford, OR (December 18, 2019) – Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that Susan Connor has been hired as Vice President/General Manager for KTVL (CBS) in Medford, OR. The announcement was made by Rob Weisbord, President of Sinclair’s Local News & Marketing Services division.

Read more…Connor Medford FINAL

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Sinclair Announces Partial Redemption of Diamond Sports Holdings Preferred Units

Sinclair Announces Partial Redemption of Diamond Sports Holdings Preferred Units

BALTIMORE (December 16, 2019) – On December 13, 2019, Diamond Sports Holdings LLC (“DSH”), an indirect subsidiary of Sinclair Broadcast Group, Inc. (“Sinclair”), elected to redeem 300,000 of its Preferred Units (such units, the “Redeemed Preferred Units”) using cash dividends from DSH’s indirect subsidiary, Diamond Sports Group, LLC, and as previously discussed on Sinclair’s November 2019 third quarter earnings conference call. In accordance with the terms of the Amended and Restated Limited Liability Company Agreement of Diamond Sports Holdings, the Redeemed Preferred Units were redeemed for an aggregate redemption price equal to $301,872,333, representing 100% of the unreturned capital contribution with respect to such Redeemed Preferred Units, plus accrued and unpaid dividends with respect to such Redeemed Preferred Units up to, but not including, the redemption date, and after giving effect to any applicable rebates. After giving effect to the partial redemption, 725,000 Preferred Units of Diamond Sports Holdings remain outstanding. The window for redemption of the Preferred Units at a redemption price equal to 100% of the unreturned capital contribution plus accrued and unpaid dividends with respect to such Preferred Units began on November 22, 2019 and will continue through February 19, 2020, and DSH may redeem additional Preferred Units on or prior to February 19, 2020. Subsequent to February 19, 2020, DSH will be permitted to redeem Preferred Units at the then applicable call premium specified in its Limited Liability Company Agreement plus accrued and unpaid dividends.

Read more…SBG – Diamond Preferred Redemption PR FINAL

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Sesh Simha Promoted To Vice President, Advanced Technology–ONE Media 3.0

NEWS Release

Contact
Mark Aitken
(410) 568-1535
[email protected]
10706 Beaver Dam Road
Hunt Valley, MD 21030


SESH SIMHA PROMOTED TO VICE PRESIDENT, ADVANCED TECHNOLOGY– ONE MEDIA 3.0

Hunt Valley, MD (December 3, 2019) – ONE Media 3.0, LLC, a wholly-owned subsidiary of Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), announced today that Sesh Simha has has been promoted to Vice President for Advanced Technology.

Read more…Press Release – Sesh Simha_FINAL

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Sinclair Prices Private Offering of Senior Notes

Sinclair Prices Private Offering of Senior Notes

BALTIMORE (November 19, 2019) – Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (the “Issuer”), has priced its previously announced private offering of $500 million aggregate principal amount of Senior Notes due 2030 (the “2030 Notes”).

Read more…STGI – Bond Nov 2019 Pricing PR_FINAL

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Sinclair Announces Private Offering of Senior Notes of Sinclair Television Group

Sinclair Announces Private Offering of Senior Notes of Sinclair Television Group

BALTIMORE (November 19, 2019) – Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (“Issuer”) intends to offer in a private placement, subject to market conditions and other factors, $500 million aggregate principal amount of Senior Notes due 2030 (the “2030 Notes”).

Read more…STGI – Bond Nov 2019 Launch PR

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Sinclair Names Rob Weisbord President Of Local News & Marketing Services Division

News Release

Media Contact:
Michael Padovano
[email protected]


SINCLAIR NAMES ROB WEISBORD PRESIDENT OF LOCAL NEWS & MARKETING SERVICES DIVISION

ANNOUNCES RETIREMENT OF STEVEN MARKS

Baltimore, MD (November 18, 2019) – Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), a diversified media company and a leader in local news and sports, announced that Rob Weisbord has been named President of its Local News & Marketing Services division effective January 1, 2020. The announcement was made by Chris Ripley, President and Chief Executive Officer of Sinclair. The Company also announced the upcoming retirement of Steven Marks, Executive Vice President & Chief Operating Officer of Sinclair’s TV Group, effective December 31, 2019.

Read more…Weisbord President

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Sinclair Announces Contingent Redemption of 6.125% Notes

Sinclair Announces Contingent Redemption of 6.125% Notes

BALTIMORE (November 12, 2019) –  Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) announced that its wholly-owned subsidiary, Sinclair Television Group, Inc. (“STG”), has notified the trustee for its 6.125% Senior Notes due 2022 (CUSIP No. 829259AN0) (the “Notes”) that it intends to redeem, in full, STG’s outstanding $500 million aggregate principal amount of Notes on November 27, 2019 (the “Redemption Date”).  The redemption of the Notes is contingent upon STG’s incurrence of new debt financing in the amount of at least $500 million (the “Financing”).

Read more…Sinclair – 6.125% Senior Notes due 2022 Redemption Press Release

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Sinclair Declares $0.20 Per Share Quarterly Cash Dividend

News Release


Contact: Lucy Rutishauser, SVP Chief Financial Officer
 (410) 568-1500

SINCLAIR DECLARES $0.20 PER SHARE QUARTERLY CASH DIVIDEND

BALTIMORE (November 6, 2019) – Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on the Company’s Class A and Class B common stock. The dividend is payable on December 16, 2019, to the holders of record at the close of business on November 29, 2019.

Read more…CS 12162019

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