Sinclair Reports Third Quarter 2019 Financial Results

News Release


SINCLAIR REPORTS THIRD QUARTER 2019 FINANCIAL RESULTS

  • INCREASES TOTAL REVENUE BY 47% COMPARED TO PRIOR YEAR
  • ANNOUNCES QUARTERLY DIVIDEND PER SHARE OF $0.20
  • CLOSES ACQUISITION OF REGIONAL SPORTS NETWORKS BUSINESS


BALTIMORE (November 6, 2019) – Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the “Company” or “Sinclair,” today reported financial results for the three and nine months ended September 30, 2019.

CEO Comment:
“This past quarter marks a defining moment for Sinclair with the acquisition of 21 Regional Sports Network brands, the largest transaction in our Company’s history and establishing us as a leader in local sports and news, two of the most watched live content genres,” commented Chris Ripley, President and Chief Executive Officer.  “Our legacy broadcast business, meanwhile, outperformed on all key financial targets in the third quarter. Looking ahead to 2020, we expect to benefit from our biggest political ad revenue year on our record, the successful launch of Marquee with the Chicago Cubs, and a seamless integration of our newly acquired RSNs.”

Read more…3Q19 Press Release_FINAL

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Ring of Honor Now Available Across Sinclair Broadcast Group’s Newly Purchased Regional Sports Networks

Media Contact:
Michael Padovano
[email protected]

Ring of Honor Now Available Across Sinclair Broadcast Group’s Newly Purchased Regional Sports Networks

Baltimore, MD (November 4, 2019) – Sinclair Broadcast Group (Nasdaq: SBGI) today announced the start of a weekly airing of professional wrestling promotion Ring of Honor (ROH) on its regional sports networks (RSNs). Beginning Friday, November 8, matches will air at midnight in the applicable time zones for wrestling fans who receive from their TV provider any of the 21 RSNs that Sinclair acquired earlier this year and on Marquee when it launches in early 2020. This marks the first original sports entertainment content brought by Sinclair since acquiring the RSNs.

Read more…Ring of Honor RSN_FINAL

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Sinclair Names Dan Mellon Vice President Of Sales Transformation And Names Michael Miller General Manager In Washington DC

News Release


Sinclair Names Dan Mellon Vice President Of Sales Transformation And Names Michael Miller General manager In Washington DC


Baltimore, MD (October 28, 2019) – Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) (“Sinclair”) is pleased to announce that Dan Mellon has been promoted to Vice President of Sales Transformation from his previous role as Group Manager and General Manager of WJLA-TV (ABC 7) and NewsChannel 8 in Washington D.C. The Company also announced that Michael Miller will become the General Manager of WJLA and NewsChannel 8. Mr. Mellon will report to Chief Revenue Officer, Rob Weisbord, and will be leading the Company’s comprehensive sales strategy.

Read more…Mellon and Miller FINAL

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STIRR Adds 17 New Channels, Now Offers Audiences 70 Linear Options

Media Contact:
Michael Padovano
[email protected]



STIRR Adds 17 New Channels, Now Offers Audiences 70 Linear Options


Content Surge Coincides With Spike In Session Time; Service to expand to New York, Los Angeles, Chicago and San Francisco


Santa Monica, CA (October 28, 2019) – STIRR, a free, ad-supported streaming service offering access to some of the most popular news, entertainment and digital first channels, today announces the addition of 17 new channels to its platform. STIRR now provides 70 channels and thousands (3300) of hours of video on demand, giving viewers an endless lineup of content on platforms including Roku, Fire TV, tvOS, iOS, Android and the web.

Read more…STIRR New Channels FINAL

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Sinclair Broadcast Group Reaches Agreement With AT&T

Contact: Barry Faber, President of Distribution and Network Relations
                   (410) 568-1500


SINCLAIR BROADCAST GROUP REACHES AGREEMENT WITH AT&T


Baltimore, MD (October 17, 2019) – Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), and AT&T have agreed on a multi-year agreement across DIRECTV, AT&T TV and U-verse for continued carriage of Sinclair’s owned local broadcast stations and Tennis Channel, for future carriage of Marquee Sports Network, a regional sports network featuring games of the Chicago Cubs launching in 2020, as well as for the 21 RSN brands Sinclair recently acquired and the YES Network, in which Sinclair is a joint-venture partner.

Read more…ATT DirecTV Renewal 2019 FINAL

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Union Disclaims Interest In KHQA In Quincy, Illinois

News Release

Contact: Jamie Dembeck, VP, Human Resources
                    (410) 568-1500


Union Disclaims Interest in KHQA in Quincy, Illinois

Quincy, IL (Oct. 10, 2019) – Sinclair Broadcast Group, Inc (Nasdaq: SBGI) announced today that it received notice from The International Chemical Workers Union (ICWU) disclaiming interest in representing employees that provide services to KHQA. After representing employees for over seven (7) years, the ICWU notified the CBS affiliate that due to “a lack of interest from bargaining unit employees,” it will no longer represent the bargaining unit. The most recent contract covered a three (3) year period ending October 19, 2019.

Read more…KHQA Union_FINAL

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Sinclair To Report Third Quarter 2019 Results On November 6, 2019 At 7:30am (Eastern Time)

FOR IMMEDIATE RELEASE

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

SINCLAIR TO REPORT THIRD QUARTER 2019 RESULTS ON NOVEMBER 6, 2019 AT 7:30am (Eastern Time)

BALTIMORE (October 9, 2019) — Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) will report its third quarter 2019 earnings results at 7:30 a.m. ET on Wednesday, November 6, 2019, followed by a conference call to discuss the results at 9:00 a.m. ET.

Read more…Earnings Announcement Q3 2019

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Sinclair Names Michael R. Nurse General Manager In Dayton, Ohio

News Release
Contact: Steve Marks, EVP & Chief Operating Officer
                    (813) 886-9882

SINCLAIR NAMES MICHAEL R. NURSE GENERAL MANAGER IN DAYTON, OHIO

Dayton, OH (September 26th, 2019) – Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), (“the Company,” “Sinclair”) is pleased to announce that Michael R. Nurse has been named General Manager of WKEF (ABC) in Dayton, OH. Mr. Nurse will also be responsible for the oversight of Sinclair’s provision of services to WRGT (FOX) under a joint sales agreement. The announcement was made by Steve Marks, EVP and Chief Operating Officer of Sinclair’s television group.

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Millions Of Viewers Across The United States Could Be Deprived Of Local News, Sports And Entertainment Programming If AT&T/DIRECTV Do Not Reach Deal With Sinclair Broadcast Group

Media Contact:
Robert Ford
[email protected]

MILLIONS OF VIEWERS ACROSS THE UNITED STATES COULD BE DEPRIVED OF LOCAL NEWS, SPORTS AND ENTERTAINMENT PROGRAMMING IF AT&T/DIRECTV DO NOT REACH DEAL WITH SINCLAIR BROADCAST GROUP

Sinclair had provided AT&T with a five-week extension in an attempt to avoid disruption for consumers. However, beginning September 27th, AT&T customers could miss thousands of hours of content, including NFL games starting in Week 4, post-season Major League Baseball, and the start of the NHL and NBA seasons on broadcast television.

Baltimore, Maryland (September 20, 2019) – Millions of AT&T U-verse, DIRECTV and AT&T TV NOW (formerly DIRECTV NOW) subscribers in 86 markets are at risk of losing access to 136 television stations (including popular ABC, NBC, CBS, FOX, CW And MyNet-affiliates) and Tennis Channel, due to AT&T’s unwillingness to negotiate fair market carriage licenses with Sinclair Broadcast Group, Inc. (Nasdaq: SBGI).

Read more…Sinclair-ATT Negotiations Press Release 9-20-19

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Sinclair’s Dielectric Recognized In 2019 Best Places To Work In Maine

Media Contact:
Michael Padovano
[email protected]

SINCLAIR’S DIELECTRIC RECOGNIZED IN 2019 BEST PLACES TO WORK IN MAINE

Dielectric among 100 Maine companies honored in 14th annual awards program
BALTIMORE, MD (September 18, 2019) – Sinclair Broadcast Group (NASDAQ: SBGI) is pleased to announce its wholly owned subsidiary Dielectric, a leading provider of innovative broadcast products, was named one of 2019’s Best Places to Work in Maine by the Society for Human Resource Management of Maine and Best Companies Group.

Read more…Best Places to Work in Maine_FINAL

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