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Sinclair Broadcast Group Inc (SBGI.OQ)

SBGI.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Sinclair Broadcast, ABC Announce Extension, Renewals Of Affiliation Agreements Through 2022
Thursday, 11 Jan 2018 

Jan 10 (Reuters) - Sinclair Broadcast Group Inc ::SINCLAIR BROADCAST GROUP, INC. AND ABC ANNOUNCE EXTENSION AND RENEWALS OF AFFILIATION AGREEMENTS THROUGH 2022.SAYS ‍EXTENDED AND RENEWED AGREEMENTS WILL EXPIRE AUGUST 2022​.  Full Article

Sinclair Broadcast Group Announces $1,000 Special Bonus As A Result Of Tax Reform
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Sinclair Broadcast Group Inc ::SINCLAIR BROADCAST GROUP ANNOUNCES $1,000 SPECIAL BONUS AS A RESULT OF TAX REFORM.SINCLAIR BROADCAST - DUE TO TAX REFORM, CO WILL PAY SPECIAL $1,000 BONUS TO ALMOST 9,000 FULL- AND PART-TIME EMPLOYEES, EXCLUDING SENIOR LEVEL EXECUTIVES.  Full Article

Sinclair Broadcast Group Enters Into Agreement With NCTC
Friday, 22 Dec 2017 

Dec 21 (Reuters) - Sinclair Broadcast Group Inc ::SINCLAIR BROADCAST GROUP ENTERS INTO RETRANSMISSION CONSENT AGREEMENT, TENNIS CHANNEL CARRIAGE AGREEMENT WITH NCTC.SINCLAIR BROADCAST GROUP INC - AGREEMENT ALSO PROVIDES FOR CARRIAGE OF SINCLAIR OWNED TENNIS CHANNEL.SINCLAIR BROADCAST - AGREEMENT ALLOWS NCTC'S MEMBER COS TO OPT INTO A MULTI-YEAR RETRANSMISSION CONSENT AGREEMENT.  Full Article

Sinclair Responds To FCC Notice Of Apparent Liability
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Sinclair Broadcast Group Inc ::SINCLAIR RESPONDS TO FCC NOTICE OF APPARENT LIABILITY.SINCLAIR BROADCAST GROUP - ACKNOWLEDGED NOTICE OF APPARENT LIABILITY FROM FCC.SINCLAIR BROADCAST SAYS "DISAGREE WITH FCC'S ACTION AND INTEND TO CONTEST THIS UNWARRANTED FINE".SINCLAIR BROADCAST - NOTICE OF APPARENT LIABILITY ASSESSES FINE FOR APPARENTLY AIRING PUBLIC SERVICE SEGMENTS BY HUNTSMAN CANCER FOUNDATION.  Full Article

Sinclair Raises Additional Term Loans And Amends Bank Credit Agreement
Wednesday, 13 Dec 2017 

Dec 12 (Reuters) - Sinclair Broadcast Group Inc ::SINCLAIR RAISES ADDITIONAL TERM LOANS AND AMENDS BANK CREDIT AGREEMENT.SINCLAIR BROADCAST GROUP - SINCLAIR TELEVISION RAISED NEW INCREMENTAL TERM B LOANS AND AMENDED CERTAIN TERMS OF ITS EXISTING CREDIT FACILITY.SINCLAIR BROADCAST - PROCEEDS FROM LOANS, ARE EXPECTED TO BE USED TO PURCHASE OUTSTANDING SHARES OF TRIBUNE MEDIA, REFINANCE TRIBUNE'S INDEBTEDNESS.SINCLAIR BROADCAST GROUP - SINCLAIR RAISED $3.725 BILLION OF NEW TERM B LOANS MATURING 2024 & PRICED AT LIBOR PLUS 2.50%.  Full Article

Tribune media company reports Q3 EPS of $0.31
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - Tribune Media Co :Tribune media company reports third quarter 2017 results.Q3 adjusted earnings per share $0.31.Q3 loss per share $0.21 from continuing operations.q3 revenue $450.5 million versus I/B/E/S view $461.1 million.Q3 earnings per share view $0.37 -- Thomson Reuters I/B/E/S.Operating results in quarter negatively impacted by higher program impairment charges at WGN America​.In light of previously announced transaction with Sinclair, co is not providing financial guidance for full year 2017​.  Full Article

Sinclair Broadcast Group Q3 earnings per share $0.30
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Sinclair Broadcast Group Inc ::Sinclair reports year-to-date growth; reports third quarter 2017 financial results.Sees Q4 barter and trade revenue about $33 million.Q3 earnings per share $0.30.Q3 revenue $670.9 million versus I/B/E/S view $671.7 million.Q3 earnings per share view $0.39 -- Thomson Reuters I/B/E/S.Says ‍expects deal with Tribune will close in early 2018.Sees Q4 routine capital expenditures of about $29 million, with another $11 million of capex related to Spectrum Repack​.Says qtrly revenue included $3.1 million impact of hurricane season and other one-time adjustments​.  Full Article

Tribune Media stockholders approve Sinclair Merger
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Tribune Media Co ::Tribune Media Company stockholders approve Sinclair Merger.Tribune media - ‍more than 99 percent of votes cast by co's Class A stockholders and Class B stockholders voted to approve merger with Sinclair Broadcast.  Full Article

Sinclair may sell TV stations for up to $1 bln to satisfy FCC - Bloomberg
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - :Sinclair may sell TV stations for up to $1 billion to satisfy FCC - Bloomberg, citing sources.  Full Article

Sinclair Broadcast Group Inc and CBS announce affiliation agreement renewals
Tuesday, 12 Sep 2017 

Sept 11 (Reuters) - Sinclair Broadcast Group Inc:Sinclair Broadcast Group Inc. and CBS announce affiliation agreement renewals.Says Co, ‍CBS Corp announced multi-year deal that renews 3 station affiliation agreements that were set to expire at end of 2018​.Says four agreements have been renewed to be co-terminus with four CBS affiliations which were renewed earlier this year.Says CBS also renewed affiliation set to expire at 2018 end with station that co provides sales,other services to under joint sales deal.  Full Article

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Twelve senators seek FCC probe of Sinclair news scripts, pause in Tribune review

WASHINGTON Twelve U.S. senators on Thursday asked the Federal Communications Commission to investigate Sinclair Broadcasting Group for "deliberately distorting news" and asked the commission to pause its ongoing review of the company's proposed $3.9 billion acquisition of Tribune Media Co .