Friedman, director at Sinclair, sells $222k in shares
Howard E. Friedman, a director at Sinclair, Inc. (NASDAQ:SBGI), sold 14,713 shares of Class A Common Stock for approximately $222,313 on January 6, 2026. This transaction leaves him with 77,685 shares in the company. Concurrently, Sinclair Inc. had an unsolicited acquisition proposal for E.W. Scripps Company rejected, while Guggenheim raised its price target for Sinclair Broadcasting to $20, maintaining a Buy rating.
Friedman, director at Sinclair, sells $222k in shares
Howard E. Friedman, a director at Sinclair, Inc. (NASDAQ:SBGI), sold 14,713 shares of Class A Common Stock for approximately $222,313 on January 6, 2026. This transaction leaves Friedman with 77,685 shares. The article also mentions E.W. Scripps Company¹s rejection of Sinclair¹s acquisition proposal and Guggenheim raising Sinclair Broadcasting's price target to $20 with a Buy rating.
This Insider Has Just Sold Shares In Sinclair
An insider at Sinclair, David Gibber, recently sold US$490k worth of stock, reducing his holding by 14%. Despite this sale, the company saw significant insider buying over the last year, with Executive Chairman David Smith purchasing US$3.7m in shares and overall insider net purchases totaling US$13m. Insiders collectively own 42% of Sinclair, indicating strong alignment with shareholder interests.
Sinclair EVP Gibber sells $538k in stock By Investing.com
Sinclair, Inc. Executive Vice President David B. Gibber sold 29,376 shares of Class A Common Stock for approximately $538,107 on December 11, 2025. This transaction occurred after SBGI shares surged 30.81% over six months, with the company also making an unsolicited acquisition proposal to E.W. Scripps Company and exceeding its Q3 2025 revenue guidance. Despite insider selling, Sinclair maintains a 6.08% dividend yield and has a long history of consistent dividends.
Sinclair EVP Gibber sells $538k in stock
David B. Gibber, EVP and Chief Legal Officer of Sinclair, Inc. (NASDAQ: SBGI), sold 29,376 shares of Class A Common Stock for approximately $538,107 on December 11, 2025. This transaction follows a 30.81% surge in SBGI shares over the past six months and comes amidst Sinclair's unsolicited acquisition proposal to E.W. Scripps Company and strong third-quarter 2025 earnings. Despite recent insider selling, Sinclair maintains a 6.08% dividend yield and has consistently paid dividends for 16 consecutive years.
Sinclair EVP Gibber sells $538k in stock
Sinclair, Inc.'s Executive Vice President and Chief Legal Officer, David B. Gibber, sold 29,376 shares of Class A Common Stock for approximately $538,107 on December 11, 2025. This transaction comes as SBGI shares have surged 30.81% in the past six months, despite the company facing profitability challenges. Sinclair maintains a 6.08% dividend yield and has consistently paid dividends for 16 consecutive years.
Scripps' board gives nod for 'poison pill' after Sinclair's buyout offer
The article states that Scripps' board has approved a "poison pill" defense mechanism after receiving a buyout offer from Sinclair. This action typically aims to make a hostile takeover more difficult or expensive for the acquiring company by diluting their ownership stake.
Scripps Adopts Poison Pill After Takeover Bid by Sinclair
E.W. Scripps Co. has implemented a "poison pill" defense to counter an unsolicited takeover bid from Sinclair Inc. The company's board stated this action aims to protect shareholders from "coercive tactics" and provide time to explore alternatives, ensuring the best possible deal for all.
WEWS owner Scripps targeted for acquisition in local TV shakeup
Sinclair Inc. has acquired an 8.2% stake in EW Scripps Co. and is pursuing an acquisition of the local-TV station owner. The proposed merger, which Sinclair believes could generate $300 million in synergies, comes as local TV station owners anticipate relaxed FCC rules regarding market concentration. Scripps, which operates WEWS in Cleveland and WCPO in Cincinnati, stated its board will evaluate the transaction and take steps to protect shareholder interests from what it terms "opportunistic actions" by Sinclair.
Scripps Sends Mixed Messages in Response to Possible Sinclair Deal
E.W. Scripps has issued a statement after Sinclair acquired an 8.2% stake in the company and revealed discussions about a potential deal. While Scripps stated its commitment to enhancing shareholder value and evaluating all transactions, it also emphasized its intent to protect the company and its shareholders from opportunistic actions by Sinclair or others. This creates a mixed message regarding its openness to Sinclair's interest.
Sinclair Takes 8.2% Stake In Scripps' Class A Shares
Sinclair, Inc. (SBGI) announced it has acquired an 8.2% stake in the Class A shares of The E.W. Scripps Company (SSP). Scripps' board and management stated they are focused on driving shareholder value and will take steps to protect the company from opportunistic actions. Sinclair's stock saw a pre-market gain following the announcement.
Scripps responds to Sinclair share purchase
The E.W. Scripps Company responded to Sinclair Inc.'s acquisition of approximately 8.2% of its non-voting shares. Scripps stated its board and management are focused on driving shareholder value through strategic execution and will take steps to protect the company and its shareholders from opportunistic actions. The company also confirmed it had previously received an unsolicited proposal from Sinclair and adopted a limited-duration shareholder rights plan.
Sinclair Reveals Merger Talks With E.W. Scripps In Latest Shakeup Of Local TV Sector
Sinclair Inc. has announced it is engaging in merger discussions with E.W. Scripps and has acquired 8% of Scripps' Class A shares. The potential merger, which could take 9-12 months to complete, aims to achieve $300 million in annual synergies and would necessitate a change to federal rules limiting station ownership. This move highlights a trend of consolidation in the local TV sector, with companies arguing for "further scale" to compete with large tech and media players.
Sinclair takes 8.2% stake in Scripps amid takeover push
Sinclair Broadcast Group has acquired an 8.2% stake in E.W. Scripps' Class A shares, initiating a push for a merger between the two broadcast companies. Sinclair argues that increased scale is essential for broadcasters to compete with larger tech and media entities, especially with potential FCC regulatory changes favoring consolidation. Scripps, on the other hand, emphasizes its focus on independent strategic execution, including growth in national sports and connected TV.
Sinclair, Inc. (NASDAQ:SBGI) Stock Catapults 26% Though Its Price And Business Still Lag The Industry
Sinclair, Inc. (NASDAQ:SBGI) has seen its stock price jump 26%, but its valuation still lags the Media industry due to declining revenues and a forecast of slower revenue growth compared to competitors. Analysts predict a modest 1.0% annual revenue growth for Sinclair over the next three years, while the industry is expected to grow by 3.1% annually, justifying the company's lower price-to-sales ratio. This indicates that investors are wary of the company's future prospects given its past performance and subdued growth outlook.
Sinclair Declares $0.25 Per Share Quarterly Cash Dividend
Sinclair, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per share on the Company's Class A and Class B common stock. The dividend is payable on December 15, 2025, to holders of record as of December 1, 2025. Sinclair is a diversified media company known for its local news and sports offerings, operating numerous television stations and specialty networks.
Sinclair (NASDAQ: SBGI) declares $0.25 dividend; record Dec 1, payable Dec 15
Sinclair, Inc. (Nasdaq: SBGI) has announced a quarterly cash dividend of $0.25 per share for its Class A and Class B common stock. The dividend is scheduled for payment on December 15, 2025, to shareholders of record as of December 1, 2025. Sinclair is a diversified media company recognized for its local news and sports offerings.
Alpha Wealth Funds LLC Invests $515,000 in Sinclair, Inc. $SBGI
Alpha Wealth Funds LLC has acquired a new position in Sinclair, Inc. (NASDAQ:SBGI) by purchasing 38,200 shares valued at approximately $515,000 in the second quarter. This investment constitutes about 0.4% of Alpha Wealth Funds LLC's portfolio. Other institutional investors have also adjusted their holdings in Sinclair, while analysts have issued various ratings and price objectives for the company.
ABC6 union calls for boycott of station and NBC counterpart following Sinclair acquisition
The union representing workers at ABC6 and NBC10 is calling for a boycott of both stations after Sinclair Broadcast Group acquired ABC6's non-license operations. The union demands that Sinclair invest in the station and rehire laid-off employees, highlighting concerns about job losses and the potential for reduced journalistic quality and community focus due to market consolidation. Sinclair already owns NBC10 (WJAR) and has faced criticism for its conservative political content and cuts in other markets.
Press Release: Warren, Wyden, Markey, and Van Hollen Request Answers from Nexstar and Sinclair Following Cancellation of Jimmy Kimmel's Show
U.S. Senators Elizabeth Warren, Ron Wyden, Ed Markey, and Chris Van Hollen have requested answers from broadcasters Nexstar and Sinclair regarding the suspension of Jimmy Kimmel's show. They are investigating whether the cancellation is linked to regulatory considerations due to the companies' pending business deals with the Trump administration, especially after FCC Chairman Brendan Carr suggested regulatory repercussions for broadcasters not taking action against the show. The senators raised concerns about potential censorship undermining First Amendment rights and possibly violating anti-corruption laws, demanding detailed information by October 7, 2025.
Sinclair will preempt Jimmy Kimmel’s show, replacing with ‘news programming’
Sinclair Inc., the second-largest local news provider, announced its ABC affiliates will preempt "Jimmy Kimmel Live" with news programming starting Tuesday, following Kimmel's indefinite suspension by ABC/Disney. This decision comes after Kimmel's controversial comments about conservatives and the fatal shooting of Charlie Kirk, and mirrors similar actions taken by Nexstar Media Group. FCC Chair Brendan Carr supported the preemption, citing broadcasters' right to decline national programs inconsistent with local values.
Athletes First and Sinclair/AMP Sports Join Forces in Landmark Events and Media Partnership
Athletes First and Sinclair/AMP Sports have announced a landmark events and media partnership that will combine Athletes First's events and talent with Sinclair's sports properties and national audience. Sinclair will be the exclusive sports media partner for Athletes First's signature live events, "The Block" and the "Athletes First Tailgate Tour," producing original content and activations. The collaboration also includes developing original video podcasts featuring Athletes First's elite roster of athletes for national and regional audiences.
Sinclair Reports First Quarter 2025 Financial Results
Sinclair, Inc. reported its financial results for the first quarter of 2025, with adjusted EBITDA exceeding guidance despite a challenging environment. The company highlighted a comprehensive refinancing, extending its maturity runway to over six years, and noted strong core advertising trends and signs of improvement in the pay TV ecosystem. Sinclair also announced several company developments, including distribution agreements for its networks, journalism awards, and the launch of a new podcast.
Sinclair Re-Elects Board, Ratifies and Approves Other Proposals
Sinclair, Inc. (Nasdaq: SBGI) announced that its stockholders re-elected its nine nominated Directors at the Annual Stockholders’ Meeting. Additionally, stockholders ratified PricewaterhouseCoopers LLP as the independent accounting firm, approved executive compensation advisory vote, and approved an amendment to expand the definition of "Permitted Transferees" for the Company's Class B Common Stock.
Sinclair Declares $0.25 Per Share Quarterly Cash Dividend
Sinclair, Inc. (Nasdaq: SBGI) has announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share for its Class A and Class B common stock. This dividend is scheduled to be paid on December 15, 2025, to shareholders on record as of December 1, 2025. Sinclair is a diversified media company with a significant presence in local news and sports, operating numerous television stations and owning networks like Tennis Channel.
Sinclair names former Amazon exec Jeff Blackburn as Tennis Channel CEO and Chairman
Sinclair Inc. has appointed former Amazon executive Jeff Blackburn as the new Chairman and CEO of Tennis Channel. Blackburn, known for his work in expanding Amazon's streaming and sports ventures, will focus on growing Tennis Channel across digital, streaming, and global platforms. His extensive experience at Amazon, including leading Prime Video and launching "Thursday Night Football," is expected to be instrumental in enhancing the channel's reach and direct-to-consumer offerings.
Sinclair announces upcoming retirement of Lucy Rutishauser, EVP and CFO
Sinclair, Inc. (Nasdaq: SBGI) has announced that its Executive Vice President and Chief Financial Officer, Lucy Rutishauser, will retire after her successor is appointed and transitions into the role. A search for her replacement is expected to begin shortly, covering both internal and external candidates, and Rutishauser will remain a senior adviser to the company after her retirement. Throughout her 26-year tenure, Rutishauser has been lauded by executive chairman David Smith and CEO Chris Ripley for her critical contributions in navigating financial challenges, leading industry consolidations, and securing the company's financial future, including a significant $4 billion balance sheet restructuring.
Lucy Rutishauser, Sinclair Chief Financial Officer, To Retire
Lucy Rutishauser, Sinclair's Executive Vice President and Chief Financial Officer, has announced her retirement after her successor is appointed and integrated into the role. She will continue to serve as a senior adviser to the company post-retirement. Rutishauser has been with Sinclair since 1998, holding various leadership positions, and played a crucial role in the company's growth, navigating significant industry changes and financial transactions.
Sinclair names vice president and general manager of WKRC-TV, WSTR-TV
Franco Gentile has been appointed as the new vice president and general manager of WKRC-TV and WSTR-TV in Cincinnati. This move places him at the helm of the region's top-rated television station. The announcement was made by Sinclair.
Sinclair Reports Second Quarter 2024 Financial Results
Sinclair, Inc. reported solid second-quarter 2024 financial results, meeting revenue guidance and exceeding Adjusted EBITDA guidance. The company anticipates its largest-ever political advertising revenue for the full year, increasing its guidance to $385 million to $410 million, and expects continued growth in distribution and core advertising revenues. Key financial highlights include an 8% increase in total revenues to $829 million and a 42% increase in Adjusted EBITDA to $158 million for Q2 2024.
Sinclair Reports First Quarter 2024 Financial Results
Sinclair, Inc. reported solid first-quarter 2024 financial results, meeting or exceeding revenue, media expenses, and Adjusted EBITDA guidance. Key highlights include the launch of the Broadspan NextGen data solutions platform and the settlement of all Diamond Sports Group litigation claims. The company also pre-booked $77 million in political advertising for the second half of the year and anticipates robust Adjusted EBITDA growth throughout 2024.
An ethics expert says Sinclair Broadcasting should disclose its business conflicts with Baltimore. I was part of the problem.
An ethics expert argues that Sinclair Broadcasting, through its local Fox 45 newscast, should disclose its business conflicts of interest with Baltimore due to substantial financial ties to city development projects like Harbor East. The article details how Sinclair ownership's family members benefit from significant tax breaks and subsidies from the city while Fox 45 produces critical reporting on Baltimore in crisis without disclosing these conflicts. The author, a former Fox 45 investigative producer, acknowledges his own past oversight in not disclosing similar conflicts regarding Harbor East's competitive developments.
Sinclair Reports Fourth Quarter 2023 Financial Results
Sinclair, Inc. reported solid financial results for Q4 2023, meeting guidance for its local media segment and exceeding expectations for Tennis Channel. The company highlighted significant debt repurchases, the approval of a settlement with Diamond Sports Group, and the continued rollout of NextGen Broadcast technology. Despite a decrease in total revenues due to lower political advertising in an off-cycle election year, core advertising revenues showed growth, and the company projects a record year for political advertising in 2024.
Sinclair Stations Adopt Futuri’s AI-Driven Ad Sales System
Sinclair Broadcast Group announced that its television stations will implement Futuri's AI-driven advertising sales system, TopLine, after a successful pilot program. The system is designed to improve sales efficiency and revenue growth by combining AI technology with sales research and data-driven presentations. This partnership highlights a shared commitment to innovation in the media industry.
Who is David Smith? What to know about the Baltimore Sun's new owner
David Smith, the new owner of the Baltimore Sun, has significant local business, media, political, and philanthropic ties. This article provides an overview of his background to help readers understand his new role. It is a brief preview highlighting his involvement in the community.
Sinclair Reaches Multi-Year Distribution Agreement with Verizon
Sinclair, Inc. has announced a multi-year distribution agreement with Verizon for the carriage of its stations and networks on FiOS TV. The agreement ensures the continued availability of local television stations in 10 markets, the Tennis Channel, and YES Network to Verizon customers without service disruption. Financial terms of the deal were not disclosed.
With Ratings Surging, Sinclair Eyes Adding New Digital Net
Sinclair Broadcast Group is considering launching a new digital multicast network next year due to significant viewing gains in its existing networks, Charge, TBD, and Comet. These gains are attributed to increased distribution and improved programming, with studios now more open to selling shows to third-party networks. Sinclair believes its market size and ATSC 3.0 readiness position it well for further expansion in the digital broadcast space, which is also attracting more advertisers.
Sinclair Broadcast Group Names Valerie Koonce Vice President/General Manager of KBOI/CBS and KYUU/CW in Boise, Idaho
Sinclair Broadcast Group has appointed Valerie Koonce as Vice President/General Manager of KBOI/CBS and KYUU/CW in Boise, Idaho. Koonce previously served as Marketing Sales Manager for KUTV in Salt Lake City and held various sales roles throughout her career. She returns to Boise where she was previously the General Sales Manager for KBOI/CBS and KYUU/CW.
Sinclair’s Alan Frank to be Inducted into the Pennsylvania Broadcast Hall of Fame
Alan B. Frank, Sinclair Broadcast Group’s senior vice president and group manager, is set to be inducted into the Pennsylvania Broadcast Hall of Fame by the Pennsylvania Association of Broadcasters (PAB). This honor recognizes his 50-year career in broadcasting, including over 30 years with Sinclair, where he oversees stations in 14 markets. The induction will take place at the Annual PAB Gold Medal Dinner on December 15, 2022, in Philadelphia.
After two big deals, Sinclair CEO confident in future of regional sports networks
Sinclair CEO Chris Ripley expressed confidence in the future of regional sports networks after securing digital rights from the NBA and $600 million in new financing. The company plans a soft launch of its sports app in the second quarter and a full launch in the third quarter. This move provides a clear path for Sinclair to launch its direct-to-consumer streaming app this year.
KATU, its parent Sinclair Broadcast Group, targeted by cyberattack
KATU and its parent company, Sinclair Broadcast Group, were subjected to a cyberattack over the weekend, impacting many network systems across the country and disrupting normal operations. Despite significant technical challenges, both KATU and Sinclair's corporate staff are working to restore services and maintain their commitment to covering local and national news, with newscasts continuing as regularly scheduled.
Tennis Channel Brings Tennis Home to U.K. Fans
Tennis Channel, owned by Sinclair Broadcast Group, Inc., announced the launch of its Tennis Channel International streaming service in the U.K., bringing world-class tennis coverage to British fans. This service, which includes a 24-hour programming channel, original series, documentaries, and live coverage of British events like the UK Pro League, is the first British TV platform devoted exclusively to tennis. It aims to replicate the success seen in other international markets by providing extensive, specialized content for tennis enthusiasts.
Bally's Corporation Announces Agreement With Sinclair Broadcast Group To Collaborate On Programming Content On Recently Rebranded Regional Sports Networks And Other Platforms
Bally's Corporation announced an agreement with Sinclair Broadcast Group to collaborate on programming content for Sinclair's recently rebranded "Bally Sports" regional sports networks and other platforms. This partnership aims to leverage Bally's-produced content during non-game windows and explore interactive programming opportunities to support the launch of the Bally Bet app. It further expands Bally's brand engagement and gamification of live sports, as stated by Bally's Chairman Soo Kim.
ViacomCBS and Sinclair Broadcast Group, Inc. Announce Affiliation Agreements
ViacomCBS and Sinclair Broadcast Group, Inc. announced multi-year affiliation agreements covering 13 CBS network affiliations for Sinclair stations. This deal includes four top-50 market affiliates and serves nearly six million television households. The agreement ensures continued availability of CBS content, including primetime and sports programming, to viewers in Sinclair markets.
Sinclair Names Rieffer General Manager in Flint
Sinclair Broadcast Group named Jennifer Rieffer as VP and general manager for WSMH-TV in Flint, Mich., where she will also oversee WEYI-TV and WBSF-TV. Rieffer, who has been with Sinclair for 25 years, is succeeding Chad Conklin and is moving from her current role as VP and general manager of WDKY-TV.
The Growth of Sinclair’s Conservative Media Empire
This article details the expansion of Sinclair Broadcast Group into a conservative media empire, focusing on its strategy of acquiring local TV stations in small markets and using them to promote a conservative political agenda. It highlights how Sinclair has exploited regulatory loopholes, faced backlash for its biased content, and its proposed merger with Tribune Media was ultimately thwarted by regulatory scrutiny, despite political backing. The piece also shares personal accounts from former Sinclair employees who express discomfort with the company's practices.
With Merger Scrapped, Tribune a Target Again
Tribune Media has become a prime acquisition target after terminating its $3.9 billion merger with Sinclair Broadcast Group due to frustrations with Sinclair's conduct during the approval process. Industry experts anticipate a bidding war for Tribune, with 21st Century Fox identified as a significant potential suitor, especially interested in Tribune's Fox affiliates in key NFL markets. Analyst David Joyce indicated that Tribune is unlikely to remain independent for long, citing a prior four-month bidding war involving multiple broadcasters and private-equity funds.
Sinclair-related political money goes mostly to Republicans. But Democrats get cash, too
This article analyzes political contributions made by Sinclair Broadcast Group and its executives, revealing a significant lean towards Republican candidates over the past two decades, with some donations also going to Democrats. It compares Sinclair's political giving to other major media companies like Time Warner (CNN) and Comcast (NBC), highlighting varied patterns of support across the political spectrum. The article also touches on growing criticism of Sinclair's news coverage and its potential acquisition of Tribune Media.
WJLA owner to buy WDCW owner in $3.9B deal
Maryland-based Sinclair Broadcast Group has agreed to acquire Chicago-based Tribune Media Co. in a $3.9 billion cash and stock deal. If approved, Sinclair, owner of WJLA Channel 7, would gain 42 Tribune television stations, including WDCW-50 in Washington. This acquisition would solidify Sinclair's position as the largest U.S. television station owner, continuing its recent spree of media acquisitions.
Sinclair Broadcasting to Acquire Tribune Media for Approximately $3.9 Billion; WNEP Included in Deal
Sinclair Broadcast Group announced its acquisition of Tribune Media Company, including WNEP-TV, for approximately $3.9 billion plus assumed net debt of $2.7 billion. Tribune stockholders will receive $43.50 per share, reflecting a significant premium. This acquisition aims to create a leading nationwide media platform, enhance operational efficiencies, and leverage new broadcast technologies.
