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Tag Archives: television stations

Sinclair beats 2Q profit expectations; shares jump

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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FCC requires TV stations to post rate info online

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 reports 33 percent jump in 1Q profit

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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