Sinclair Broadcast Group
Sinclair Broadcast Group, founded in 1986 and headquartered in the US, is a publicly-owned television broadcasting company. It is known for its local news delivery and sports content production. Sinclair owns a multicast network, four radio stations, and a cable network. The company specializes in delivering broadcast content through various platforms, including over-the-air, multi-channel video program distributors, and digital platforms. As of 2023, Sinclair Broadcast Group has over 11,500 employees and generates over $1 billion in annual revenue.

2023 Revenue

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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 ad tech and media and telecoms services industries. Sinclair Broadcast Group's product portfolio comprises of broadcast television and radio, data, targeting and identity and streaming services.
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Sinclair Broadcast Group's revenues were $3.1B in 2023. 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 Sportradar, Deloitte and Amazon Web Services (AWS).

Example Suppliers

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Example Partners

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