Sinclair Broadcast Group

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may include its history, mission statement, leadership team, financial information, and a summary of its current operations. Sinclair Broadcast Group was founded in 1986, and the company headquarters are located in Hunt Valley, Maryland. The company operates as a diversified media company, with a focus on television broadcasting, but also has interests in digital media, content creation, and distribution.
The company’s mission statement is to be the leading local news provider in the country, with a commitment to serving and engaging local communities through quality programming and unbiased journalism.
Sinclair Broadcast Group is led by its Executive Chairman, David D. Smith, and its President and CEO, Christopher S. Ripley. It is publicly traded on the NASDAQ under the ticker symbol SBGI.
As of 2021, Sinclair operates over 190 television stations in 88 markets, reaching approximately 40% of all US households. The company also owns and operates multiple digital media and content production companies, including the sports streaming service Stadium and the digital news network Circa.
In addition to its media properties, Sinclair has also faced controversy in recent years due to its conservative political views and distribution of biased news segments, leading to criticism and calls for boycotts from some viewers and advocacy groups.
In terms of financial information, Sinclair reported a revenue of $5.7 billion in 2020, with a net income of $58 million. However, the company’s financial performance was negatively impacted by the COVID-19 pandemic, resulting in a decrease in advertising revenue.
Overall, Sinclair Broadcast Group continues to be a major player in the media industry, with a strong focus on local news and a diversified portfolio of media properties.

1. Largest television station operator in the United States: Sinclair Broadcast Group owns and operates the largest number of television stations in the US, with a total of 191 stations across 89 markets.
2. Conservative political bias: The company has been criticized for its conservative political bias and promotion of right-wing viewpoints on its stations.
3. Controversial practices: Sinclair has faced controversy over its practices of buying airtime on local affiliates and producing content for them, leading some to question the objectivity and independence of its news reporting.
4. History of disputes and negotiations: The company has a history of disputes and negotiations with cable providers such as Dish Network and cable networks like ESPN over retransmission fees and carriage agreements.
5. Expansion into digital media: In recent years, Sinclair has expanded its media presence by acquiring digital news and sports companies, as well as launching its own digital news platform called “Circa.”
6. Innovative technology: Sinclair has been at the forefront of using new technologies in broadcasting, such as the development of the ATSC 3.0 standard which allows for targeted advertising and improved reception.
7. Diverse programming and partnerships: The company offers a diverse range of programming on its stations, including local news, sports, and syndicated shows. It also has partnerships with major networks such as CBS, NBC, and ABC.
8. Controversial merger attempts: Sinclair has attempted to merge with several other media companies in the past, including a failed attempt to acquire the Tribune Media company in 2018 which faced opposition from regulators.
9. Philanthropic efforts: The Sinclair Broadcast Group has a philanthropic arm called the Sinclair Cares Foundation, which supports education, healthcare, and disaster relief efforts in communities where the company operates.
10. Family-owned and operated: Sinclair is a family-owned company, with the majority of voting shares owned by the Sinclair family and its executive chairman, David Smith. This has allowed the company to maintain its independence and avoid pressure from shareholders.

The Sinclair Broadcast Group is a diversified media company that primarily operates local television stations and distributes content through various platforms. Their business model focuses on acquiring and operating local TV stations, creating and distributing local news and other programming, and selling advertising space to generate revenue. They also operate regional sports networks and provide content and services to other media outlets. Additionally, they have a growing digital media presence and offer various digital marketing services to businesses. Overall, their business model centers on local media and advertising, with a focus on providing news and entertainment content to audiences across different platforms.

1. The company was started in 1971 by Julian Sinclair Smith, who launched a single TV station in Baltimore, Maryland.
2. Sinclair Broadcast Group is the second largest television station operator in the United States, with over 190 stations in 88 markets.
3. The company’s logo features a reference to the biblical story of David and Goliath, with five pebbles in a sling representing the five original TV stations owned by Sinclair.
4. In addition to their TV stations, Sinclair also owns and operates a digital agency, an ad sales division, and various cable and digital networks.
5. The company has faced criticism for their conservative bias, as many of their stations require local news anchors to read scripted promotional segments that align with their political views.
6. Sinclair acquired the Tennis Channel, a dedicated sports network, in 2016.
7. In 2017, Sinclair announced a $3.9 billion deal to acquire Tribune Media, a move that would make them the largest owner of local TV stations in the United States.
8. Sinclair has a history of controversial business practices, including forcing their TV stations to air pro-Trump segments, and allegedly coordinating with the Trump campaign in 2016 to air positive stories about him.
9. The company faced scrutiny in 2019 when it was revealed that they had reached a $48 million settlement with the Justice Department after being accused of misleading the government about their ownership of local TV stations.
10. Some of Sinclair’s notable on-air talent includes Boris Epshteyn, a former political advisor to Donald Trump, and Eric Bolling, a former Fox News host.