TV station operator Sinclair Broadcast Group Inc. on Wednesday reported a second-quarter net income increase of 62 percent, due to political ad spending that was three times higher than the company expected. The Hunt Valley-based company’s shares jumped nearly 13 ...

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NEW YORK — Billionaire Warren Buffett’s company is making another foray into newspapers, agreeing to buy 63 newspapers from Media General Inc. for $142 million. Berkshire Hathaway Inc. is also extending a loan to Media General and taking a 19.9 ...

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WASHINGTON — The Federal Communications Commission voted Friday to require broadcast TV stations to post online the advertising rates they charge political candidates and advocacy groups. The vote came despite strong opposition from many broadcasters, who have argued that making ...

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Sinclair Broadcast Group Inc. of Hunt Valley said it has agreed to purchase the assets of Four Points Media from affiliates of Cerberus Capital Management L.P. for $200 million. Four Points’ seven television stations – two in Salt Lake City, ...

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Television broadcasting company Sinclair Broadcast Group Inc. reported a 33 percent increase in profits for the first quarter of 2011, driven by strong ad spending during the Super Bowl in February. Hunt Valley-based Sinclair said Wednesday it had net broadcast ...

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