Edition:
United Kingdom

Sinclair Broadcast Group Inc (SBGI.OQ)

SBGI.OQ on NASDAQ Stock Exchange Global Select Market

27.90USD
13 Aug 2018
Change (% chg)

-- (--)
Prev Close
$27.90
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
328,305
52-wk High
$40.10
52-wk Low
$25.15

Latest Key Developments (Source: Significant Developments)

Tribune Media Responds To Issues Raised In FCC Hearing Designation Order
Thursday, 19 Jul 2018 

July 19 (Reuters) - Tribune Media Co ::TRIBUNE MEDIA COMPANY RESPONDS TO ISSUES RAISED IN FCC HEARING DESIGNATION ORDER.TRIBUNE MEDIA - CURRENTLY EVALUATING IMPLICATIONS OF FCC HEARING DESIGNATION ORDER AND ASSESSING ALL OPTIONS.TRIBUNE - WILL BE "GREATLY DISAPPOINTED" IF DEAL CANNOT BE COMPLETED, BUT WILL REDEDICATE EFFORTS TO RUNNING BUSINESSES AND OPTIMIZING ASSETS.  Full Article

Tribune Media Co Says Will Review FCC Hearing Designation Order When Released
Tuesday, 17 Jul 2018 

July 17 (Reuters) - Tribune Media Co ::TRIBUNE MEDIA COMPANY RESPONDS TO RECENT REGULATORY DEVELOPMENTS.TRIBUNE MEDIA - WILL REVIEW FCC'S HEARING DESIGNATION ORDER WHEN RELEASED AND EXPECTS TO WORK WITH FCC TO EXPLORE WAYS TO ADDRESS CONCERNS IDENTIFIED.TRIBUNE MEDIA SAYS "DISAPPOINTED" TO LEARN THAT CHAIRMAN CIRCULATED ORDER DESIGNATING CERTAIN ISSUES FOR CONSIDERATION BY ADMINISTRATIVE LAW JUDGE.TRIBUNE MEDIA - CO IS STUDYING STATEMENT BY FCC CHAIRMAN AJIT PAI REGARDING CO'S PENDING ACQUISITION BY SINCLAIR BROADCAST GROUP.TRIBUNE MEDIA CO - UNTIL CO REVIEWS FCC ORDER, IT IS "DIFFICULT TO EXPLAIN POTENTIAL ISSUES IT MIGHT CREATE FOR TRANSACTION" WITH SINCLAIR.  Full Article

U.S. FCC Chairman says has 'serious concerns about the Sinclair/Tribune transaction' -statement
Monday, 16 Jul 2018 

July 16 (Reuters) - Sinclair Broadcast Group Inc ::U.S. FCC CHAIRMAN SAYS HAS 'SERIOUS CONCERNS ABOUT THE SINCLAIR/TRIBUNE TRANSACTION' -STATEMENT.FCC CHAIRMAN SAYS EVIDENCE SUGGESTS CERTAIN PROPOSED STATION DIVESTITURES WOULD ALLOW SINCLAIR TO CONTROL THEM 'IN PRACTICE, EVEN IF NOT IN NAME'.FCC'S PAI SAYS UNDER LAW, AGENCY MUST DESIGNATE SINCLAIR-TRIBUNE TRANSACTION FOR A HEARING.  Full Article

Sinclair Broadcast, ABC Announce Extension, Renewals Of Affiliation Agreements Through 2022
Wednesday, 10 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
Thursday, 21 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
Tuesday, 12 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
Wednesday, 8 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

RPT-Wall St Week Ahead-U.S. broadcasters in line for political ad windfall

(Repeats Aug 10 item with no change to content) By Sinéad Carew Aug 10 Local TV companies such as Sinclair Broadcast Group and Gray Television are set for a significant political advertising boost this year as candidates and special interest groups are spending heavily to woo voters in mid-term elections. Demand for commercial airtime is particularly strong ahead of elections for one third of the U.S. Senate seats, and all 435 House of Representatives s