Sinclair, Inc. - SBGI STOCK NEWS

WBFF's Project Baltimore has won a National News Emmy® Award for their investigative series 'Disabled & Denied'. The series exposed how Baltimore City Schools violated federal education rights by denying proper education to students with disabilities. This led to multiple state-level investigations and mandated improvements in the district's special education programs.

The award, presented by The National Academy of Television Arts & Sciences (NATAS), recognizes outstanding regional investigative reporting. The winning team includes Carolyn Peirce, Chris Papst, Ray Rogowski, Jed Gamber, and Anthony Durso.

Since its inception in 2017, Project Baltimore has received numerous accolades, including 4 National Investigative Reporters and Editors awards, 41 regional Emmy Awards, and 9 Edward R. Murrow Awards. This latest recognition underscores the team's commitment to impactful journalism and exposing issues in the education system.

Sinclair has rebranded its daily syndicated news program as The National News Desk. Launched in January 2021, the program provides national, regional, and local news coverage across more than 80 stations nationwide. The National News Desk offers morning, evening, late-evening, and weekend newscasts, aiming to deliver a comprehensive, unbiased look at significant news stories.

The program is available on Sinclair news websites, TheNationalDesk.com, and YouTube, all free of charge without subscription requirements. It's complemented by The National Weather Desk, launched in 2022, which focuses on weather-related news and forecasts. Scott Livingston, SVP of News, reported a continuing upward trend in viewership, with over 3.5 million weekly viewers across newscasts, indicating strong demand for comprehensive, commentary-free news coverage.

The Portland Trail Blazers have announced a new era of broadcasting, partnering with Sinclair Broadcast Group to launch the Rip City Television Network and BlazerVision, a direct-to-consumer streaming service, starting with the 2024-25 season. This marks the first time in franchise history that a majority of games will be available over-the-air on local TV, quadrupling broadcast reach throughout Oregon and Washington.

The Rip City Television Network will air games on Sinclair's local stations, including KATU and KUNP in Portland, with expanded coverage in Seattle, Medford, Eugene, and Yakima/Pasco. BlazerVision, priced at $120 annually or $19.99 monthly, will offer all non-exclusive nationally televised games, on-demand replays, and exclusive content. Rip City United members will receive a complimentary BlazerVision subscription with their ticket package.

Sinclair, Inc. (Nasdaq: SBGI) has increased its third quarter 2024 political revenue expectations to $140-$145 million, up from the previous forecast of $113-$128 million. The company's Local Media segment core advertising revenue is expected to be $285-$293 million, slightly down from the earlier forecast due to crowd-out from increased political advertising. This represents a 2-4% year-over-year growth in core advertising.

Total Local Media advertising revenue for Q3 is now anticipated to be $425-$438 million, up from the previous range of $401-$428 million. Sinclair has also increased its full-year 2024 political revenue expectation to $442-$469 million, up from $385-$410 million. The company reaffirms its previously provided 2-year compounded annualized mid-single digit percent growth rate for net retrans from 2023 through 2025. Sinclair will release its Q3 2024 financial results on November 6, 2024.

Sinclair, Inc. (Nasdaq: SBGI) has announced that its President and CEO, Chris Ripley, and CFO Lucy Rutishauser will be presenting at the Deutsche Bank 32nd Annual Leveraged Finance Conference. The presentation is scheduled for September 24, 2024, at 10:40 AM MST / 1:40 PM EDT in Scottsdale, AZ.

Investors and interested parties can access a live webcast of the event through Sinclair's Investor Relations website on the Events and Presentations Page. The webcast will also be available for replay for a time following the presentation, providing an opportunity for those unable to attend live to catch up on the information shared.

Sinclair has appointed Cindi Dias as the new Vice President and General Manager of KBAK (CBS) and KBFX (FOX) in Bakersfield, California. Dias, who previously served as the General Sales Manager for 17 years, brings 30 years of broadcast and multimedia sales experience to her new role. Rob Weisbord, Sinclair's Chief Operating Officer and President of Local Media, praised Dias's deep market relationships and successful management record.

Dias's career spans 26 years with KBAK and KBFX in Bakersfield, following earlier roles at Petry Television in Los Angeles and as an account executive for KERO and KSMJ radio in Bakersfield. In her statement, Dias expressed commitment to the Bakersfield community, employees, and advertisers, emphasizing her focus on innovation and world-class marketing opportunities to serve the community and adapt to the evolving broadcasting landscape.

Saankhya Labs, Free Stream Technologies, and Sinclair Inc. (SBGI) are collaborating to develop low-cost Direct-to-Mobile (D2M) devices for consumer trials in India. These devices will use Saankhya's Pruthvi-3 ATSC 3.0 chipsets, supporting India's semiconductor and self-reliance initiatives. The partnership aims to launch various D2M-enabled devices, including smartphones, USB dongles, STB/Gateways, and feature phones, demonstrating interoperability with mobile system-on-a-chip suppliers holding over 70% global market share.

Consumer trials are set to begin in the first half of 2025, targeting India's 300 million feature phone users. This initiative aligns with India's push for mobile technology expansion and Prime Minister Modi's vision for India's 'Techade'. The collaboration leverages Saankhya's end-to-end D2M technology expertise and Sinclair's experience with ATSC 3.0 standard deployment.

Sinclair has announced that Full Measure with Sharyl Attkisson will return for its tenth season starting on September 8. Hosted by award-winning journalist Sharyl Attkisson, the 30-minute weekly investigative news program airs on Sinclair television stations and live online. The show covers topics such as immigration, government waste, national security, and whistleblower reports. Season 10 will begin with a focus on immigration's impact on the upcoming presidential race and Europe's changing politics. SVP of News, Scott Livingston, notes the show's success in delivering impactful journalism. Since its 2015 launch, Full Measure has seen audience growth, including a 38% increase in total audience share. Attkisson and Executive Producer Batt Humphreys express gratitude for Sinclair's support and the audience's desire for independent reporting.

TBD., Sinclair's free broadcast network, has announced a deal with NBCUniversal Global TV Distribution to add previous seasons of Saturday Night Live to its daily schedule starting fall 2024. The network, which has seen a 122% ratings growth in the P25-54 demographic since 2023, will feature classic episodes from Seasons 4-37 and various 'Best of' specials alongside its existing comedy lineup.

SNL is scheduled to debut on TBD. on September 30, 2024, with a special all-day marathon of 'Best of' specials, before moving to its regular time slot on October 1. The network plans to air iconic sketches and characters, as well as assemble custom lineups for holidays and special occasions.