Major Broadcasters Launch NEXTGEN TV On Five Local Television Stations In Charleston, West Virginia

NEWS Release

 

MAJOR BROADCASTERS LAUNCH NEXTGEN TV ON FIVE LOCAL TELEVISION STATIONS IN CHARLESTON, WEST VIRGINIA

                

WCHS-TV, WOWK-TV, WSAZ-TV, WQCW and WVAH-TV Begin Broadcasting with New Technology

 

Charleston, WV – December 6, 2021 – Charleston’s leading television stations today officially began broadcasting with NEXTGEN TV, a revolutionary new digital broadcast technology. The launch includes WCHS-TV (ABC), WOWK-TV (CBS), WSAZ-TV (NBC), WQCW (CW) and WVAH-TV (Decades). 

Read more…Charleston WV Press Release – NextGen TV Launch – Final 12-06-2023

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Sinclair Broadcast Group’s The National Desk Announces Launch of Website TheNationalDesk.com

Sinclair Broadcast Group’s The National Desk Announces Launch of Website TheNationalDesk.com

 

Baltimore, Maryland – December 6, 2021 –The National Desk (“TND”) Sinclair Broadcast Group’s national news program providing real time national and regional news from across Sinclair’s stations, today announced the launch of TheNationalDesk.com  featuring round-the-clock breaking news, with content from The National Desk’s dedicated team of journalists as well as Sinclair’s newsrooms around the US. 

Read more…TND Website Launch 2021

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Sinclair Announces Multi-Year Renewal Of Digital Rights Agreement With The NHL

SINCLAIR ANNOUNCES MULTI-YEAR RENEWAL OF DIGITAL RIGHTS AGREEMENT WITH THE NHL

Deal includes direct-to-consumer and outer market distribution rights, as well as incremental rights for content use

BALTIMORE, December 2, 2021 – Sinclair Broadcast Group (NASDAQ: SBGI) (“Sinclair”) announced today that its wholly-owned subsidiary, Diamond Sports Group, (“DSG”) has entered into a multi-year renewal of its digital and outer market distribution rights agreement with the National Hockey League (NHL). Under the agreement, DSG’s Bally Sports Regional Networks are permitted to offer streaming content, including live games, on an authenticated and direct-to-consumer (DTC) basis, to the local territories of 12 NHL teams. The agreement was expanded to allow post-game highlights on Sinclair’s digital news platforms, alternative feeds, and use of the NHL’s proprietary Puck and Player Tracking data in the broadcasts of the games.

Read more…NHL Agreement Dec 2 2021 NHL Final

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NewsON Welcomes Altice USA’s News 12 New York to Lineup

NewsON Welcomes Altice USA’s News 12 New York to Lineup

Seattle, November 19, 2021 – NewsON, the nation’s largest streaming service for local news content, today announced News 12 New York as their newest local news partner. This partnership provides NewsON with News 12 New York, a 24-hour digital news network covering the latest in local news and top stories across the New York tri-state region, the nation’s largest designated market area. News 12 New York, which is owned by Altice USA, is now available across NewsON-supported platforms.

Read more…NewsOn x News 12 New York_FINAL

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DISH and Sinclair Reach New Multi-Year Carriage Agreement

DISH and Sinclair Reach New Multi-Year Carriage Agreement
  • Agreement maintains carriage of local Sinclair channels on DISH TV, and Tennis Channel on DISH TV and SLING TV
  • Multi-year agreement ensures DISH customers long-term access to channels

 

ENGLEWOOD, CO & HUNT VALLEY, MD Nov. 15, 2021 — DISH Network Corporation and Sinclair Broadcast Group today announced they have reached a new, multi-year carriage agreement, ensuring Sinclair’s owned 144 local stations, across 86 markets nationwide, will remain on DISH TV, and the Tennis Channel will remain available on DISH TV and SLING TV.

 

“We are pleased to have reached a multi-year agreement with Sinclair after months of negotiations,” said Brian Neylon, group president, DISH TV. “Sinclair has been a good long-term partner to work with. Both sides have been committed to keeping our customers top of mind and not putting them in the middle of our negotiations. After several contract extensions, we have arrived at a fair agreement that benefits all parties, especially our customers.”

 

William Bell, Sinclair’s Head of Distribution & Network Relations commented, “Our agreement with DISH reflects the continued importance that distributors place on local and national broadcast content. We look forward to continuing to provide DISH viewers with the high-quality and highly-desired entertainment, and timely local news that they depend on every day.”  


For a full list of Sinclair-owned local channels, click here.


About DISH

DISH Network Corporation is a connectivity company. Since 1980, it has served as a disruptive force, driving innovation and value on behalf of consumers. Through its subsidiaries, the company provides television entertainment and award-winning technology to millions of customers with its satellite DISH TV and streaming SLING TV services. In 2020, the company became a nationwide U.S. wireless carrier through the acquisition of Boost Mobile. DISH continues to innovate in wireless, building the nation’s first virtualized, O-RAN 5G broadband network. DISH Network Corporation (NASDAQ: DISH) is a Fortune 200 company.

 

About Sinclair

Sinclair Broadcast Group (NASDAQ: SBGI) is a diversified media company and leading provider of local sports and news. The Company owns and/or operates 21 regional sports network brands; owns, operates and/or provides services to 185 television stations in 86 markets; is a leading local news provider in the country; owns multiple national networks; and has TV stations affiliated with all the major broadcast networks. Sinclair’s content is delivered via multiple platforms, including over-the-air, multi-channel video program distributors, and digital platforms. The Company regularly uses its website as a key source of Company information which can be accessed at www.sbgi.net.

 

DISH Media Contact

[email protected]

 

Sinclair Media Contact

[email protected]

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Sinclair Broadcast Group Selects Oracle Moat to Strengthen Measurement and Brand Safety Capabilities for Advertisers

Sinclair Broadcast Group Selects Oracle Moat to Strengthen Measurement and Brand Safety Capabilities for Advertisers

 

Baltimore, MD (November 9, 2021) – Sinclair Broadcast Group, Inc. today announced that its digital solutions division, Sinclair Digital, and its marketing technology and managed services company, Compulse, have selected Oracle Moat, a leading measurement and marketing analytics suite, to measure media performance across its 300+ digital properties.

Read more…SBG_Oracle Moat Press Release

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Sinclair Announces Assumption of Lender Obligations under, and Amendments to, Diamond Sports Accounts Receivable Securitization Facility

SINCLAIR ANNOUNCES ASSUMPTION OF LENDER OBLIGATIONS UNDER, AND AMENDMENTS TO, DIAMOND SPORTS ACCOUNTS RECEIVABLE SECURITIZATION FACILITY

BALTIMORE (November 8, 2021) – Sinclair Broadcast Group, Inc. (NASDAQ: SBGI), (the “Company”) today announced that it has purchased and assumed the lenders’ and the administrative agent’s rights and obligations under the existing accounts receivable securitization facility (the “A/R Facility”) of its and Diamond Sports Group, LLC’s (“DSG”) indirect subsidiary, Diamond Sports Finance SPV, LLC (“Diamond SPV”). The Company purchased the lenders’ outstanding loans and commitments under the A/R Facility by making a payment to the lenders as consideration for the purchase of the lenders’ respective rights and obligations under the A/R Facility equal to approximately $184.4 million, representing 101% of the aggregate outstanding principal amount of the loans under the A/R Facility, plus any accrued interest and outstanding fees and expenses.

Read more…SBGI – Accounts Receivable Securitization Facility Press Release Final (002)

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Sinclair Declares $0.20 Per Share Quarterly Cash Dividend

News Release

 

 

Contact:   Steve Zenker, Vice President, Investor Relations

                   Billie-Jo McIntire, Director, Investor Relations

                   (410) 568-1500

 

 

SINCLAIR DECLARES $0.20 PER SHARE QUARTERLY CASH DIVIDEND

         

    BALTIMORE (November 3, 2021) – 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 15, 2021, to the holders of record at the close of business on December 1, 2021.

Read more…CS 12152021

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Sinclair Reports Third Quarter 2021 Financial Results

News Release

 

 

SINCLAIR REPORTS THIRD QUARTER 2021 FINANCIAL RESULTS

 

 

BALTIMORE (November 3, 2021) – Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the “Company” or “Sinclair,” today reported financial results for the three and nine months ended September 30, 2021.

 

Third Quarter Highlights

  • Consolidated total revenue of $1,535 million was flat to the third quarter of 2020.
  • Consolidated operating income of $73 million, including $27 million of non-recurring costs for transaction and transition services, COVID, legal, and regulatory costs (“Adjustments”), increased compared to an operating loss in the third quarter of 2020 of $4,216 million, which included a $4,264 million impairment taken on the Local Sports segment relating to goodwill and definite-lived intangible assets, and $13 million of Adjustments. Excluding the Adjustments and impairment, operating income of $100 million increased $39 million compared to the third quarter of 2020.
  • Net income attributable to the Company was $19 million versus a net loss of $3,256 million in the prior year period. Excluding the Adjustments, the Company had net income of $39 million.
  • Consolidated Adjusted EBITDA, which excludes the Adjustments, of $451 million, decreased 39% versus the third quarter of 2020.

 

CEO Comment:

“As the economy emerges from the pandemic, our advertising recovery continues to be strong, with our core advertising, excluding auto, growing versus 2019 across both our broadcast and sports segments,” said Chris Ripley, Sinclair’s President & Chief Executive Officer.  “The continuing headwinds from auto component shortages, which in the near-term has reduced automotive advertising revenue, has been mostly offset by higher services and sports betting advertising demand, trends we expect to continue throughout the remainder of the year and into next year.  2022 should benefit from the recent moderation of subscriber declines, as well as further recovery from the pandemic and robust political advertising due to the mid-term election cycle, which should favorably affect overall advertising demand and rates.”  

 

Ripley continued, “Our focus remains on growth opportunities in the broadcast, news and sports areas.  New programming, the implementation of gamification elements across our platforms, the ramping up of activities around a ‘Direct to Consumer’ product and the utilization of the ATSC 3.0 technology will all be key initiatives as we move into the next year.” 

 

Ripley concluded, “We are grateful for the patience and understanding of our customers, partners, and employees as we deal with the challenge of the recent cyber attack on our company.  Our employees’ quick response and creative workarounds have helped us restore a significant portion of our systems.  As we work to complete our investigation, we will look for opportunities to enhance our existing security measures.”

Read more…3Q21 Press Release_FINAL

Supplement to earnings 3Q21_FINAL

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