Tag Archives: sinclair broadcast group inc

Sinclair: 1Q Earnings Snapshot

Sinclair’s headquarters in Hunt Valley (Jonathan Hanson/Bloomberg News)

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 Broadcast Group Inc.'s headquarters in Hunt Valley. Maryland politicians have called out the media giant for its decision to make the anchors on its 193 television stations read a script criticizing "fake" news stories from national outlets such as CNN, NBC, CBS and ABC. (Photo by Steve Ruark / AP)

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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