Sinclair Broadcast Group, a publicly owned company founded in 1986 and headquartered in the US, is a television and radio broadcasting company. Employing approximately 11,500 people, Sinclair generated over $1 billion in revenue in 2024. Its operations include a multicast network, four radio stations, and a cable network, focusing on local news and sports programming. Sinclair distributes its content through various platforms, including over-the-air broadcasts, multi-channel video program distributors, and digital channels.

2024 Revenue

Founded

1986

Headcount

11,500

Headquarters

US

Primary Segment

Broadcast television and radio

Ownership

Publicly Owned

News Summary:

Sinclair Broadcast Group announced financial difficulties due to lower revenues and higher costs in the third quarter of 2022. The company collaborated with various parts and services companies to develop and implement a project that exposed flaws in the Baltimore Public School System. Sinclair Broadcast Group's president discussed the company's third-quarter earnings with analysts and investors, highlighting growth rates for net retrans revenue in 2023. Additionally, the company renewed a multiyear deal to air Disney programming on its stations, while also renewing affiliations with three ABC stations.

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Sinclair Broadcast Group offers 103 products in the media and telecoms services and ad tech industries. Sinclair Broadcast Group's product portfolio comprises of broadcast television and radio, streaming services and data, targeting and identity.
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Sinclair Broadcast Group's revenues were $3.5B in 2024. Caretta Research has split Sinclair Broadcast Group's revenue into 4 different product categories, the largest of which is linear (local broadcaster), which represents 98% of Sinclair Broadcast Group's revenue.
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Examples of Sinclair Broadcast Group's suppliers include Amazon Web Services (AWS), Deloitte and Sportradar.

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Sinclair Broadcast Group currently holds broadcasting rights for sports competitions including basketball.

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