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Tag Archives: sinclair broadcast group inc

Sinclair: 1Q Earnings Snapshot

HUNT VALLEY, Md. — Sinclair Broadcast Group Inc. (SBGI) on Wednesday reported first-quarter profit of $21.7 million. On a per-share basis, the Hunt Valley, Maryland-based company said it had net income of 23 cents. Earnings, adjusted for non-recurring costs, were ...

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FCC chairman has ‘serious concerns’ about Sinclair-Tribune merger

Sinclair Broadcasting's proposed $3.9 billion acquisition of Tribune Media has raised "serious concerns" at the Federal Communications Commission about the amount of control the combined company would have over the U.S. television market, said Ajit Pai, the agency's chairman.

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