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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)

Tribune media company reports Q3 EPS of $0.31
Wednesday, 8 Nov 2017 04:15pm EST 

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 07:31am EDT 

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 01:00pm EDT 

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 11:38am EDT 

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

Tribune Media, members of board, and Sinclair Broadcast Group enters MOU
Friday, 15 Sep 2017 05:27pm EDT 

Sept 15 (Reuters) - Sinclair Broadcast Group Inc :Tribune Media - Co, members of board, Sinclair Broadcast Group entered MOU to resolve individual claims asserted by 4 purported Tribune shareholders​.Tribune Media - ‍MOU acknowledges that co filed certain supplemental disclosures with SEC on Aug. 16 - SEC filing.Tribune Media - ‍MOU will not affect timing of special meeting of co's shareholders, timing of merger,amount,form of consideration to be paid in merger​.Tribune Media - ‍MOU acknowledges co communicated to various parties that for potential divestitures, 'standstill' obligations of third parties were waived​.  Full Article

Sinclair Broadcast announces launch of a national investigative unit​
Tuesday, 12 Sep 2017 10:57am EDT 

Sept 12 (Reuters) - Sinclair Broadcast Group Inc ::Announces launch of a national investigative unit​.  Full Article

Sinclair closes on acquisition of Bonten Media Group Holdings
Tuesday, 5 Sep 2017 08:45am EDT 

Sept 5 (Reuters) - Sinclair Broadcast Group Inc ::Sinclair closes on acquisition of Bonten Media Group Holdings Inc.  Full Article

Sinclair announces affiliation agreement renewals with Fox
Wednesday, 30 Aug 2017 02:16pm EDT 

Aug 30 (Reuters) - Sinclair Broadcast Group Inc ::Sinclair announces affiliation agreement renewals with Fox Broadcasting Company in five markets.Says multi-year deal renews station affiliation agreements for all 5 of Sinclair's Fox affiliations that were at end of their terms​.  Full Article

Sinclair Broadcast Group and Tribune Media announce filing of FCC response
Wednesday, 23 Aug 2017 11:01am EDT 

Aug 23 (Reuters) - Sinclair Broadcast Group Inc :Sinclair Broadcast Group and Tribune Media announce filing of fcc response.Tribune Media Co and Sinclair Broadcast Group filed joint opposition to petitions to deny merger of two companies.  Full Article

Sinclair Broadcast announces agreement with YouTube TV
Thursday, 17 Aug 2017 01:42pm EDT 

Aug 17 (Reuters) - Sinclair Broadcast Group Inc ::Agreement for all of ABC, CBS, FOX , NBC affiliates to be carried in the respective markets as YouTube TV launches in the markets​.  Full Article

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U.S. regulator votes to loosen media ownership rules

WASHINGTON The U.S. Federal Communications Commission on Thursday voted to remove key roadblocks to increased consolidation among media companies, potentially unleashing new deals among TV, radio and newspaper owners as they seek to better compete with online media.