Sinclair Stock Price, News & Analysis

Sinclair Broadcast Group (NASDAQ: SBGI) announced the promotion of Tammy Dupuy and David Howitt to Senior Vice Presidents of Programming for Sinclair Television Group. Dupuy, with the company since 1998, and Howitt, with Sinclair since 1994, have held various programming roles. COO Arthur Hasson praised their contributions to helping Sinclair navigate the evolving media landscape. The company operates 185 television stations across 86 markets and owns multiple national networks, including Tennis Channel and Stadium.

Sinclair Broadcast Group (SBGI) announced the return of "Full Measure with Sharyl Attkisson" for its eighth season starting on September 11. This investigative program, which airs weekly on Sinclair stations, has reached over 1.1 million viewers weekly, showing a nearly 10% year-to-year audience growth. The upcoming season will address current issues like rising food and energy prices and student loan forgiveness. Attkisson, a respected journalist, emphasized the program's commitment to accountability and challenging the status quo.

Diamond Sports Group, a Sinclair Broadcast Group subsidiary, will launch its streaming service, Bally Sports+, on September 26, covering all 19 Bally Sports regional sports networks. This initiative aims to enhance local sports viewership by offering subscribers live NBA and NHL broadcasts, regional programming, and more for $19.99 monthly or $189.99 annually, with a seven-day free trial available. The service will support various streaming devices, providing a crucial option for local fans to engage with their favorite teams.

Sinclair Broadcast Group (NASDAQ: SBGI) has partnered with Project RELO to honor military members lost in combat since 9/11 through the Task Force Tribute. Kicking off on August 21 and concluding on September 11, the initiative involves traveling one mile for each of the 7,054 fallen service members. Sinclair will provide news coverage, highlighting veteran stories as part of a virtual memorial. The company emphasizes the importance of veteran contributions and career opportunities as part of its community outreach efforts.

Sinclair Broadcast Group (NASDAQ: SBGI) announces WGME in Portland, ME, and KOMO in Seattle, WA, have won National Edward R. Murrow Awards from the RTDNA. WGME earned the award for Overall Excellence in Small Market Television, while KOMO's Eric’s Heroes series was recognized for Best Sports Reporting. Additionally, Sinclair's newsrooms collectively received 22 Regional Edward R. Murrow Awards this year, showcasing their commitment to exceptional local journalism.

Sinclair Broadcast Group, Inc. (SBGI) announced a conference call to discuss Diamond Sports Intermediate Holdings LLC's second quarter financial results on August 18, 2022, at 9:00 a.m. ET. Interested parties can access the call via the company's website, where Diamond's Consolidated Financial Statements and management's discussion will be posted. A replay of the call will also be available on the website. The call will accommodate media members in a listen-only mode. This announcement reflects Sinclair’s ongoing commitment to shareholder communication and transparency.

Sinclair Broadcast Group (Nasdaq: SBGI) announced the appointment of Richard Cooke as VP of Audio Programming and Lou Ferrara as VP of Consumer Data and Strategy. Cooke will enhance the company's audio content strategy, leveraging his experience from Cadence13 and FOX Sports. Ferrara will focus on consumer data platforms to improve personalized services. These roles aim to boost Sinclair's digital audience and revenue growth, with a commitment to expanding first-party data capabilities.

Sinclair Broadcast Group (SBGI) declared a $0.25 quarterly cash dividend on its Class A and Class B common stock. This dividend is payable on September 15, 2022, to shareholders on record as of September 1, 2022. Sinclair operates 185 television stations across 86 markets and owns networks like Tennis Channel and Stadium, making it a significant player in the media industry.